Madoff

I think Madoff is a good first blog post topic, yes?

Here's the rub: Madoff ran a Ponzi scheme; screwed tons of salt-of-the-earth people and rich tycoons alike; then he tried to bamboozle a short prison sentence with a gaggle of fancy pants lawyers.

I won't even attempt to rephrase myself here. Does anybody think this scum bucket deserves a trial? (The hypothetical initial sentence would have been: Does anybody think this guy deserves a fair trial?).

While the legal system could certainly use a good pat on the back nowadays, the Madoff case warranted nothing but mercy for the plaintiffs from the get-go. True, you have to be a little off your financial rocker to put all your eggs in one basket. Diversify your portfolio for Chrissakes.

But still, nobody could have predicted a catacylsm of such epic proportions. How could people have known about Bernie's financial tidal wave until it had them under water?

And that's the point of a Ponzi scheme. You get stabbed from behind. Robbed blind.

The good news? Nobody expects Madoff to live until he's 221 years old. That is, unless he's a Galapagos tortoise and we just don't know it.