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Madoff: WEEKDAY AT BERNIE'S (PAID STAFFERS STILL CLOCK IN)
NY Post ^ | 01/04/09 | ANGELA MONTEFINISE

Posted on 01/06/2009 6:44:03 AM PST by TigerLikesRooster

WEEKDAY AT BERNIE'S

By ANGELA MONTEFINISE

January 4, 2009 -- Welcome to Ponzi purgatory.

Every day, dozens of employees of swindler Bernard Madoff's firm report to their Midtown offices. They're still paid - but they do no work.

PHOTOS: Madoff On Ebay

The phones at Madoff Securities are turned off. The few computers that remain aren't plugged in.

"It's pretty bad," one employee said. "We can't conduct any business. We basically get there at 9, hang around, and go home at 5. It's surreal. It's also scary, because we don't know what's going on.

"We're basically just sitting around and waiting for the call that dismisses us," he said.

The three-floor office, in the landmark Lipstick Building on Third Ave nue, is also crawling with federal investigators trying to unravel what happened.

"We're all there trying to help the investigators as much as we can," the employee said. "They ask us questions, we answer them as best as we can. It's a bit tense. Most of the day, we're just waiting to talk to them."

While they wait, they talk to one another - and bond like never before, according to several current and ex-employees who spoke to The Post.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; News/Current Events; US: New York
KEYWORDS: madoff

1 posted on 01/06/2009 6:44:03 AM PST by TigerLikesRooster
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To: TigerLikesRooster; PAR35; bamahead; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; ...

Ping!


2 posted on 01/06/2009 6:44:56 AM PST by TigerLikesRooster (kim jong-il, chia head, ppogri, In Grim Reaper we trust)
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To: TigerLikesRooster
I guess those 'employees' are waiting on you & me to pay them a salary for sitting around doing nothing?

Why are the lights even on?

3 posted on 01/06/2009 6:50:53 AM PST by TexasCajun
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To: TigerLikesRooster

Being paid by whom? Every dollar these people “earn” was stolen from someone else. Will these imbeciles report to “work” like this for the rest of their lives? After all, the US Government is the only ponzi game which will continue unabated, seemingly forever. The jig is up at this outfit.


4 posted on 01/06/2009 7:17:43 AM PST by Oldpuppymax (AGENDA OF THE LEFT EXPOSED)
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To: TigerLikesRooster
Maybe they're all going to sue the SEC

- - and we'll have to bail out Madoff's marks,

and his employees

and his family.

The rabbi who married them should have warned "Mrs. Madoff to be". The Rabbi should be sued too.

None of these people are responsible (as they will be quick to tell us)

- they were all victims

- at one and the same time better than all the rest of us and more stupid.

Deserving of suing for our money. We didn't bailout the Enron fools and we're not going to bailout the Madoff fools. What a crock.

5 posted on 01/06/2009 8:06:49 AM PST by GOPJ (Newspapers don't need fewer journalists. Newspapers need more readers. Give both sides.)
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