Posted on 01/26/2009 4:15:26 AM PST by Liz
....Martin Rosenman, president of a fuel service company, wire-transferred $10M to Madoff's JPMorgan Chase account Dec. 5....just days before the feds arrested the disgraced businessman. Rosenman received a notice four days later saying Madoff had invested in US Treasury bills.... But the transaction was never made.......the $10M will be set aside from the Ponzi-scheme's assets.
(Excerpt) Read more at nypost.com ...
This raises many, many MORE questions about Madoff. What is clear is that this malicious individual and his life of lies, lacks the distinctive American character that strengthens the business of democracy.
Madoff demonstrates how a constitutional democracy gets finished off. He clearly depended on the sacred American “freedoms” of our fragile democracy to pull off his crooked schemes. Madoff is illustrative of those who kneel in obeisance to the three-headed monster: “Political Correctness, “Moral Relativity” and the "Hyphenate Entitlement." Madoff scared off anyone who dared suggest he was a crook by playing the all-occasion Hyphenate Entitlement card. Madoff knew “tolerant and compassionate” political correctness protected him and his Hyphenate Entitlement———with laws, and federal giveaways, in return for campaign cash and hyphenated voting blocs.
From public schools to the Halls of Congress, on down to the White House, and over to the USSC, "Animal Farm" is now the law of the land. Some Animals Are Above The Rest. Scientific methodology is the means and methods for the fittest among us to survive......ask Bernie....he knows how that works.
Also explains the obsession with religious cleansing of America, and its politics, by those "uncomfortable" with the religious precepts most Americans live by. We face an uncharted future, thanks to Madoff and Company's malevolent, unchecked, unbridled greed and avarice......and we even get to clean up the figging messes (gag).
I think a book is in order...it would be fascinating
Could title it....Change = 2 cents on a dollar
Madoff financed many politicians. What we know so far:
The Center for Responsive Politics has looked into the matter of the Madoff family’s political contributions between June 1993 and October 2008.
Federal Election Commission records show that members of the Madoff family made some 250 political contributions to 45 candidates and committees totaling $391,350.
The largest individual recipients were Rep. Ed Markey (D-MA), $34,000; Sen. Chuck Schumer (D-NY), $31,000; Sen. Ron Wyden (D-OR), $25,000; Sen. Hillary Rodham Clinton, $23,500; Rep. Richard Gephardt (D-MO), $12,000; Sen. Frank Lautenberg (D-NJ), $6,600; and Sen. John Kerry (D-MA), $4,500. The Democrat Senatorial Campaign Committee, which Schumer currently chairs, received $104,050. Among Republicans, the lion’s share of Madoff family contributions went, oddly enough, to Rep. Jack Fields (R-TX), $13,000. Sen. John McCain received $2,000.
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Politicians are held to a HIGHER legal standard than ordinary folk. The fact remains....... if pols profited from Madoff's illegal financial dealings, they are aiding and abetting. And if they are withholding info from authorities, they are guilty of obstructing and delaying justice.
Great title.
Stanley Chais offers remarks at the Weizmann Institute of Science.
STANLEY CHAIS IS PROMINENT WITHIN THE SOCIAL LABYRINTH MADOFF USED TO RAKE IN BILLIONS---
MAP IS INTERACTIVE AT WEB SITE
WEB SITE http://news.muckety.com/2008/12/28/madoff-used-social-family-networks-to-rake-in-billions/9031
That doe-eyed, winsome smirk hides an unspeakable evil.
"I'm Bernie. Trust me."
Esopus Creek Advisors, a New York hedge fund, owns off-price clothing retailer Syms' shares. REFERENCE Sy Syms is a prominent retailer who frequently funds PBS programs. Sy, and his daughter, Marcy, frequently make personal appearances, touting their philanthropic benevolence.
Sy Sims is a director at the Israel Discount Bank since 1991. US regulators fined the Israel Discount Bank of New York $12 million for violating federal and state laws designed to thwart money laundering.
The Israel Discount Bank of New York (controlled by the mega-rich Bronfman’s) had failed to set up an adequate program to identify and report money laundering, according to federal and state US regulators. A substantial part of $35.4 billion in third-party wire transfers during the year ended March 2005 showed traits common to laundering operations, the US complaint said.
According to The Jerusalem Post’s November 2, 2006 edition, the scale of money-laundering going on at The Israel Discount Bank of New York was much larger than the infamous Brazil case reported extensively in the NY Times. NOTE Israel Discount Bank opened a branch in Switzerland in 2000.
MADOFF CONNECTION Ponzi crook Madoff chaired the Sy Syms' School of Business at Yeshiva University. Yeshiva University is a huge complex and Orthodox stronghold---it maintains four campuses in New York City and a campus in Israel: along with dormitories, a library, a hospital and other medical facilities; several Graduate and Professional Schools, rabbinical schools, a museum, academic centers and institutes for high school level students, and centers for Israeli studies in New York, and in Israel.
MERKIN'S CAYMAN ISLAND HEDGE FUND (Cayman is a money-laundering haven) J Ezra Merkin chaired GMAC (an auto-and home-financing company that got a $6B TARP bailout) at the same time Merkin ran hedge funds as a sideline and was feeding funds into Bernie Madoff's Ponzi operation. Merkin pocketed hundreds of $millions in fees. Merkin's name is connected to (1) Ariel Fund, based in the Cayman Islands (an infamous money laundering haven), (2) Ascot Partners, (3) general partner of Gabriel Capital LP, a $5 billion family of hedge funds, and, (4) managing partner of Gotham Capital.
At the time of his hedge fund shenanigans, Merkin was GMAC Chair (an auto-and home-financing company that got a $6B US bailout). Many felt Merkin could not be trusted with $6B federal rescue money GMAC received. Merkin resigned as GMAC chair last week.
PICTURED Bernanke, Paulson, Merkin---salivating to divvy up the taxpayers' billions. Americans have not yet learned the full extent of official corruption, thievery, schemes and scams involving $BILLIONS of tax dollars, aided and abetted by the dupes on Capitol Hill.
CONNECTIONS CONNECTIONS CONNECTIONS Merkin's family is connected to the highest levels of the Israeli government through his mother, Ursula, who immigrated to Palestine in 1933 with her father Isaac Breuer. Merkin's father, Hermann, was a fur-trader who became director of the Israel Discount Bank of New York...the same bank the US leaned on for money laundering misdeeds (that named Sy Syms a director).
CONNECTIONS CONTINUED Then-GMAC chair, Merkin, and Stephen A. Feinberg, bought Bank Leumi from the Israeli government for $500 million. Fineberg's private equity firm---Cerberus Capital Management LP--- also owns Chrysler Motors. The US Treasury is now buying a $5 billion stake in GMAC and lending $1 billion to GM. This latest loan is IN ADDITION to the $13.4 billion the US Treasury lent earlier to Merkin's GM and Fineberg's Chrysler.
MADOFF FEEDER FUND Brighton Co Investments is headed by Stanley Chais, Beverly Hills, a "philanthropist" who served on "charitable" boards with Madoff. Chais (pronounced Chase) told the Jewish Journal of Los Angeles that he personally invested with Madoff but also "facilitated" others who wished to do likewise. However, spokesmen for the SEC and the California Dept of Corporations said they could find no record of Chais registering as an investment advisor or a broker.
Stanley Chais offers remarks at the Weizmann Institute of Science.
STANLEY CHAIS IS PROMINENT WITHIN THE SOCIAL LABYRINTH MADOFF USED TO RAKE IN BILLIONS---
MAP IS INTERACTIVE AT WEB SITE http://news.muckety.com/2008/12/28/madoff-used-social-family-networks-to-rake-in-billions/9031
CONCLUSION Everything For Us--Nothing For You.
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