As featured on p. 218 of "Bloggers on the Bus," under the name "a MyDD blogger."

Thursday, March 12, 2009

Go To Jail

Apparently when Bernie Madoff was remanded to a corrections facility pending sentencing the courtroom burst into spontaneous applause. I wouldn't normally feel thrilled about someone being sent to a cell the size of a walk-in closet, but I'll make an exception. Apparently Madoff was running his Ponzi scheme since THE RECESSION OF THE EARLY 1990s. Books could be written about how the SEC missed this for close to 20 years, and I'm sure they will be. For today, I have to be happy that the $7 million dollar penthouse apartment in Manhattan will be empty.

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