Merkin faces charges in Madoff scam

USA Today

04/06/09

A prominent hedge fund manager whose clients lost more than $2 billion to Ponzi scheme mastermind Bernard Madoff was hit with civil fraud charges Monday by New York Attorney General Andrew Cuomo. J. Ezra Merkin was accused of securities fraud and other state charges for falsely leading investors to believe he managed their money as he instead funneled the funds to Madoff with little oversight...

//tinyurl.com/d26muw



It’s the arrogance, stupid

Fox News Forum
by Lis Wiehl

04/06/09

Former California Congressman Gary Condit, former Illinois Governor Rod Blagojevich, and former Wall Street big wig Bernie Madoff — what’s the common thread linking all three of these men? To my mind, they’re all criminals. But as my kids would say, it’s that ‘in your face’ attitude, that arrogance, that really gets to me. As a former federal prosecutor, I’ll take the so-called ‘blue collar’ criminal anytime — the kind of crook that realizes getting caught is part of the cost of doing business — not these ‘white shoe, white collar’ gentlemen. For them, getting away with lying to cops investigating the disappearance of a young female intern or selling a Senate seat or stealing billions from charities is just a game of cat and mouse … and guess who’s the mouse?

//tinyurl.com/djukmy


Informant: Thomas L. Knapp



//freepage.twoday.net/search?q=Madoff
//freepage.twoday.net/search?q=Blagojevich
//freepage.twoday.net/search?q=hedge+fund
//freepage.twoday.net/search?q=Ponzi
//freepage.twoday.net/search?q=Wall+Street
//freepage.twoday.net/search?q=Lis+Wiehl

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