I'm usually the last person to start talking about other people's greed because I figure who am I to judge but man, the news of the last week makes it hard. First this attorney Drier allegedly does a $100 million fraud on some hedge funds. Then the Illinois Governor. And now today this Bernard Madoff guy. He has been on Wall Street for decades, former Chairman of NASDAQ, the guy is 70, raises some red flags because he decides to distribute bonuses early and tells some his senior staff its because he has a few hundred million left and he wants to give it away before he turns himself in. Huh? What'd you say? Then says his business is a multi billion dollar ponzi scheme. Well I guess that is not really a surprise. This is Wall Street after all!
These are weird times we are living in. Through all of this I think we will end up with people of better character and simpler lifestyles and it will be a good thing!