Tilted Forum Project Discussion Community - View Single Post - the giant ponzi scheme: Madoff jailed for 150 years

ASU2003 · 01-12-2009, 06:54 PM

And he was mailing gems to family members it looks like. Bernie Madoff Hiding Gems From Authorities? | Mark Pasetsky's CoverAwards

The thing is, I'm not sure how many people would act any differently.

There needs to be some serious financial consequences for him and his family. (What if his wife divorces him now, does she get half? Half of what?) It might seem harsh going after people who indirectly benefited, but I think it would keep Wall Street in check if they couldn't hide their money and knew they would hurt spouses and offspring with financial ruin too. They can collect a welfare check just as well as someone who lost their job from the mess he caused.

01-12-2009, 06:54 PM	#10 (permalink)
ASU2003 immoral minority Location: Back in Ohio	And he was mailing gems to family members it looks like. Bernie Madoff Hiding Gems From Authorities? \| Mark Pasetsky's CoverAwards The thing is, I'm not sure how many people would act any differently. There needs to be some serious financial consequences for him and his family. (What if his wife divorces him now, does she get half? Half of what?) It might seem harsh going after people who indirectly benefited, but I think it would keep Wall Street in check if they couldn't hide their money and knew they would hurt spouses and offspring with financial ruin too. They can collect a welfare check just as well as someone who lost their job from the mess he caused.