Today's winner is Bernie Madoff. He pleaded guilty yesterday in Federal court to eleven felony counts of security fraud and perjury. I don't think he needs further introduction to Wizbang readers.
However I do want to note one thing-
In a long, detailed statement delivered in a soft but steady voice, Madoff implicated no one but himself in the vast Ponzi scheme. He said he started it as a short-term way to weather the early-1990s recession, and was unable to extricate himself as the years went by.One person couldn't engineer this size a fraud without help. His refusal to name those who helped him should tell you Madoff isn't sorry at all. Bernie Madoff is today's Knucklehead of the Day."I am actually grateful for this opportunity to publicly comment about my crimes, for which I am deeply sorry and ashamed," Madoff said in his first public comments about his crimes since the $65 billion scandal broke in early December after he confessed to his sons.
People spare me from comments that Knucklehead doesn't do Madoff justice. I know that already but Knucklehead is the name I use for the biggest criminal or other offender on any given day.
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Knucklehead of the Day
Comments (5)
Knucklehead - "a person who... (Below threshold)1. Posted by Bob | March 13, 2009 6:55 AM | Score: 0 (0 votes cast)
Knucklehead - "a person who is not very bright."
Sorry - calling Bernie Madoff a knucklehead is ridiculous. Was Hitler or Stalin or Pol Pot "not very bright?" Bernie is a master con-man who swindled a lot of decent people out of their life savings. He is a monster.
1. Posted by Bob | March 13, 2009 6:55 AM |
Score: 0 (0 votes cast)
Posted on March 13, 2009 06:55
2. Posted by Stan25 | March 13, 2009 10:08 AM | Score: 0 (0 votes cast)
The only thing that Madoff is sorry about is that he got caught and has to do life in big house.
2. Posted by Stan25 | March 13, 2009 10:08 AM |
Score: 0 (0 votes cast)
Posted on March 13, 2009 10:08
3. Posted by Matt | March 13, 2009 10:21 AM | Score: 0 (0 votes cast)
It is good that Bernie Madoff (what is he mad of anyway?) is going to be punished. The sad irony though is the fact that if he was a bank CEO or the head of a major investment firm he'd be free and the government would of offered him 65billion dollars as a bail out.
3. Posted by Matt | March 13, 2009 10:21 AM |
Score: 0 (0 votes cast)
Posted on March 13, 2009 10:21
4. Posted by GarandFan | March 13, 2009 10:51 AM | Score: 0 (0 votes cast)
I don't know that you'd call him a knucklehead. Prosecutors still don't know where all the money went. And Bernie's under no compunction to tell them.
Maybe a couple of weeks as Bubba's "wife" will help his memory.
4. Posted by GarandFan | March 13, 2009 10:51 AM |
Score: 0 (0 votes cast)
Posted on March 13, 2009 10:51
5. Posted by ravenshrike | March 13, 2009 7:45 PM | Score: 0 (0 votes cast)
I fail to see why everybody's made at old Bernie. He just did the same thing as the US government is doing with SocSec and Medicare over a shorter time period.
5. Posted by ravenshrike | March 13, 2009 7:45 PM |
Score: 0 (0 votes cast)
Posted on March 13, 2009 19:45