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TYT: How Do You Steal $50 Billion Dollars?

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ihavenobias Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-14-08 11:38 PM
Original message
TYT: How Do You Steal $50 Billion Dollars?
Edited on Sun Dec-14-08 11:44 PM by ihavenobias
 
Run time: 05:20
https://www.youtube.com/watch?v=h4z-m2zsM9s
 
Posted on YouTube: December 13, 2008
By YouTube Member:
Views on YouTube: 0
 
Posted on DU: December 15, 2008
By DU Member: ihavenobias
Views on DU: 1229
 
Also check out these new TYT clips you may have missed:

















PS---If you're a fan of Rachel Maddow, Michael Moore, John Cusack, Arianna Huffinton, Bernie Sanders, Darcy Burner or David Sirota, why aren't you watching the awesome new weekly talk show, Meet The Bloggers? You'll find all of these guests and more in the past shows section of www.meetthebloggers.org . Also check out these .

Finally, keep in mind that you can always catch The Young Turks weekday mornings on XM 167 and 24 hours a day with (free) streaming video at www.theyoungturks.com
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doc03 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-15-08 12:00 AM
Response to Original message
1. His name is pronounced (Made off) you can't
make this shit up.
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Amonester Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-15-08 01:16 AM
Response to Original message
2. So the 10 million bail is 'supposed to' be legit?
Edited on Mon Dec-15-08 01:18 AM by Amonester
What about the elder lady who wrote that crook a $1,000,000.00 check and will never ever see it coming back her way??

Don't tell me that mad off ali baba hasn't "hidden" a lot of his loot on some obscure off-shore tropical island!!

Why is it that no "judges" ask from where that 10 MILLION "bail" is (or would be) coming from??

Elder women?? How many of 'em? 10?

:mad: :off:

POLICE EVERYWHERE
JUSTICE NOWHERE
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blackbart99 Donating Member (421 posts) Send PM | Profile | Ignore Mon Dec-15-08 05:11 AM
Response to Original message
3. He's another republican Hero...n/t
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liberation Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-15-08 10:38 AM
Response to Reply #3
4. He seems to have donated heavily to Dems
Maybe the person who told me was full of shit, but I got that talking point from a repuke coworker... haven't had time to check on the veracity of that claim thought...
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florida08 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-15-08 12:04 PM
Response to Original message
5. from WSJ
New York Mets owner Fred Wilpon, GMAC LLC Chairman J. Ezra Merkin and former Philadelphia Eagles owner Norman Braman were among the dozens of seemingly sophisticated investors who placed money on what could prove to be history's largest financial scam.

Giant French bank BNP Paribas, Tokyo-based Nomura Holdings Inc. and Neue Privat Bank in Zurich are also exposed, according to people familiar with the matter.

And at least three funds of hedge funds -- which raise money from investors and farm it out to hedge funds -- may have significant losses. Fairfield Greenwich Group and Tremont Capital Management of New York placed hundreds of millions of their investors' dollars into funds overseen by Mr. Madoff. On Friday, Maxam Capital Management LLC reported a combined loss of $280 million on funds they had invested with Mr. Madoff.

"I'm wiped out," said Sandra Manzke, Maxam's founder and chairman. The Darien, Conn., fund of hedge funds will have to close as a result of the losses, she said....

Older, Jewish investors called Mr. Madoff " 'the Jewish bond,' " says Ken Phillips, head of a Boulder, Colo., investment firm. "It paid 8% to 12%, every year, no matter what."


http://online.wsj.com/article/SB122914169719104017.html#articleTabs%3Darticle
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OhioChick Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-15-08 01:43 PM
Response to Original message
6. K&R
:kick:
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Azlady Donating Member (889 posts) Send PM | Profile | Ignore Mon Dec-15-08 03:15 PM
Response to Original message
7. Recommend & Kick
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ChromeFoundry Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-15-08 06:06 PM
Response to Original message
8. K&R n/t
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pleah Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-15-08 07:06 PM
Response to Original message
9. K&R
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machI Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-16-08 06:34 AM
Response to Original message
10. .
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