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Bernard Madoff – Makes Off with Banks Money…

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Saw this article last night and thought it summed up the current financial crisis.

He said he was “finished”, that he had “absolutely nothing” and “it’s all just one big lie”, and that it was “basically, a giant Ponzi scheme”, the complaint said.

He told them that he planned to surrender to the authorities but not before he used his last $200m-$300m to pay “selected employees, family and friends.

And the best bit has to be if he is found guilty !!

If found guilty, US prosecutors say he could face up to 20 years in prison and a fine of up to $5m.

It all seems to fantastic how can banks let this happen? Oh hang on 🙂

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