03-12-2009, 10:16 AM
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#1 (permalink)
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Administrator
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Madoff and the Assets
Sure would like to what he did with all this money.. Is someone going to chase after the assets of this con man??
Quoted from: http://www.wowowow.com
Before entering his expected guilty plea later this week, accused Ponzi schemer Bernie Madoff heads to court today, where Judge Denny Chin will determine whether his lawyers have a conflict of interest.
According to Newsday, Madoff’s attorney, Ira Sorkin, has personal connections with the Wall Street crook. Sorkin’s parents invested with Madoff but Sorkin says he never gave the Wall Street crook a dime. Interesting … We suppose his parents didn’t lose their life savings — or how in the world could Sorkin defend this man?
Meanwhile, Madoff’s wife Ruth hired her own lawyers and is being represented by the same law firm, Dickstein Shapiro LLP in New York.
This past Friday, a court document was signed by prosecutors that showed Madoff would waive an indictment by a grand jury and also showed that he pleads guilty to criminal charges. The court papers also indicated that Madoff’s victims may be heard in court. And with famous celebrity victims including Steven Spielberg, Kevin Bacon and Zsa Zsa Gabor, this may become the biggest media spectacle in history.
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