Letter to Bernie Madoff and his Feeder Fund Managers
Dear Bernie and feeder fund managers:
You’re complete scumbags. Watch the PBS Frontline program “The Madoff Affair” and see for yourselves. I cannot believe how you convinced so many people to give you money knowing you were stealing from them or not doing any due diligence. You all get credit for one thing and that’s understanding greed. Every feeder fund manager or decision maker should go to jail. Not only were you negligent and stupid, several of you actually appeared on the program trying to explain. It’s amazing how money and the pursuit of a lot of money can be the cause of really stupid decisions. I suspect all of you feel really betrayed. Give me a break. You guys should have done a little home work before you invested OTHER PEOPLE’S MONEY. You had a FIDUCIARY RESPONSIBILITY to protect that money! You just passed it along with no checks and balances and made your money.
Bernie Madoff
If I give you my kid and you decide to let another parent watch my kid (WITHOUT MY KNOWLEDGE) and something happens, whose fault is it? Your answer: the other parent. WRONG.
You all need to be brought out in public. People need to know who you are so you can never do work in the financial industry again. Go do something that doesn’t require the trust of other people. You don’t deserve it anymore. Let me be clear: Go do something else AFTER YOU GO TO JAIL FOR AWHILE. To me, it’s really that simple.
Sincerely,
Scott
of BobandScott.com
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