Wednesday, March 04, 2009

Madoff: Entitled to penthouse --- and $62 million

Crooks and Liars:


Because the rich are so very different from you and me:

NEW YORK (CBS) ― Bernie Madoff is accused of fleecing his clients out of billions, but he said Monday he shouldn't be forced into the poorhouse.

His lawyers are arguing that Madoff should be entitled to keep the $7 million apartment he's currently being held in while under house arrest and $62 million, including $45 million in municipal bonds.

Court papers filed on Monday state that Madoff and his lawyer say the Manhattan penthouse and the millions held in accounts of Madoff's wife, Ruth, are not subject to seizure.

1 comment:

airJackie said...

Makes sence that rich thieves want to keep what they stole. Now some of Madoff's victims lost their homes and life savings but that's their problem as far as Madoff is concerned. This goes to the heart of Greed and Evil. If given the chance Madoff would do the same thing again.