Madoff was not extraordinarily evil; he was just extraordinarily lucky. He was plying his trade when the feds were pumping up the biggest financial bubble in history. No wonder so much hot gas came his way. His luck ran out when the bubble popped. And now a court has found him guilty of fraud and a judge has ordered him locked up for a period equal to roughly the time between the end of the US War Between the States and the resignation of Richard Nixon.
While Bernie is behind bars, the SEC and FED officials are still at large. Both are clearly guilty of dereliction and negligence.
Bill Bonner is looking for bigger game than Bernie Madoff.
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