2012 Presidential Election

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Thursday, January 15, 2009

Focus in Madoff Affair Turns to Wife Ruth


“And he got back on the phone and said, ‘Look, Donny, we go back a long way, I’ll get you into the fund.’ ”

He told Mr. Rosenzweig that the minimum investment was $2 million. That was more than Mr. Rosenzweig had, so he asked family members to pitch in. Ultimately, his mother, brother, sister, sister-in-law and brother-in-law and an 83-year-old uncle all contributed.

“At no time did it feel like he was pulling me in,” says Mr. Rosenzweig. “It felt like he was doing me a favor.”

This is a pretty interesting article, and if anyone believes Madoff's wife was ignorant to his scam, they are in la-la land. They have been married for 50 years!

I think his sons were also aware of, if not directly in cahoots with their old man and his ruse as well.

The scope of the fraud is just too big for him to have acted alone, as he's telling prosecutors. The fact that he's not in jail but resting comfortably in his $10 million penthouse makes my skin crawl....

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