Okay. Here they are: my first words on OTBKB about Madoff, the man who has brought so much anguish to members of my family. Today, EXACTLY  three months to the day that Bernard Madoff was arrested for running the largest Ponzi scheme in history, Madoff will plead guilty. That will be music to ...

"... but I hope his time in jail will be hell on Earth." *** Extremely lengthy sentences are showy but in fact wildly disparate. And there's not a damned thing you can do about the shamefully light punishment of the old. blog advertising blog advertising...

New Yorker writer Alec Wilkinson, in his colorful article in Annals of Business, “Not Quite Cricket,� takes you inside the world of Robert Allen Stanford Antigua's Cricket Magnate and $8 billion Ponzi Scam artist - or as we like to call him, the answer to the question, What would the difference ...

To “preserve a system that can protect the people who didnÂ’t do bad things, you have to represent people who did do bad things. ThatÂ’s the role we play.” – Ira Lee Sorkin, lawyer for Bernie Madoff The above is the final quote in an NYT story out Wednesday about Ira Lee (”IkeR...

Pull out your sombreros everybody, on today’s show it’s a Mexican Fiesta with the fabulously funny Bill Cruz. Bill recently performed with us at Steamworks, the gay men’s bathhouse in Chicago. He was all wrapped up in towels and delivered his monologue like a Roman statesman addres...

If you need a scapegoat for your financial ponzi scheme, there's a guy on Craigslist who's looking for a job: Is your hedge fund in dire financial straits? Are you totally screwed and now realizing that someone has to take the fall? Has your ponzi scheme enveloped numerous celebrity-endorsed chariti...

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Frank Rich in the Times is on the top of his game this week . He gives us a script summary for America for the next eight years: We need to restore America's values after the long orgy of vulgar materialism. In the course of Rich's sermon he mentions the newly impoverished nobel laureate Elie Wiesel...

Filed under: Scandals Bernard Madoff has become one of the most infamous non-violent people in the history of the world for operating the largest Ponzi scheme ever, widely quoted at something like $50 billion. But some experts say that the number is exaggerated, and suggest that the actual figure co...

The Shtunk, uber-crook Bernie Madoff, is moving ever-closer to a plea bargain with federal prosecutors in New York. He just waived a grand jury review of the allegations against him, which means dickering is underway. Given the intense publicity focused on this case, it's hard to believe that prosec...