Bernie Deserves No Mercy

This week, we learned that Bernie Madoff's wife has substantial assets, including $45 million of bonds and $17 million of cash (the bulk of which she mysteriously decided to withdraw a couple days before Bernie turned himself in - timing is everything in life). Plus an apartment here and there. It adds up to just under $70 million in assets. That sum, she says, and he says, is unrelated to his alleged (do I have to say "alleged" when he confessed to it?) ponzi scheme.

Every time you think you've heard it all, something new comes along. Do these two actually think that anyone believes this?

In my view, Mr. and Mrs. Madoff deserve no mercy from the courts. Whatever they have, should be taken away and given to the victims (especially because you know damn well that there are assets tucked away in places the Feds will never look). If there is justice in this World, the Madoffs will be left penniless, just like the folks who entrusted Bernie with their life-savings, and, once convicted, Bernie will spend the rest of his days behind bars. The man literally stole from widows and orphans. Who does that?

Whether, or not, Mrs. Madoff was involved in the alleged scheme, we will most likely never know. But, we do know that she benefited mightily from it, as did good 'ole Bernie. And, that wrong should be made right.

Take it all.