It’s quite an interesting process this blog – coming up with new ways that would deliver some reciprocity for Bernie Madoff’s actions. Again – the more we think about it the more it is just maddening that he can wreck and ruin numerous charities, destroy people’s lives and yet his punishment is a gentle incarceration. And sure, we recognize that many of the investors were greedy sods who weren’t exactly concerned about the ethics of Bernie’s operation – and sure, we don’t exactly aspire to an orange jumpsuit – but there’s just that feeling that, relatively speaking, he got away with it.
One of the things about being locked up is that it removes the perpetrator from society – which if you’re Bernie Madoff – is exactly what you want. Financial fraud is all done remotely, you don’t see the faces of those that you’re stealing from – you don’t have to stare the poor mug in the eye as you rob them – you press a button and hey presto – their money is gone. So – today’s idea is this:
Let’s take some of the money recovered from the sale of Mr. Madoff’s assets – enough to pay for a car, gas, salary and accommodation for three guards / drivers – say around $400k a year – and let’s have Mr. Madoff driven to meet all of the people he’s swindled. Let’s take him to the annual meeting of the charities he’s ripped off, let’s put him in front of the University students who will miss out on new facilities because of him, let’s take him to the grave sites with family members – instead of keeping him locked up – let’s take him out and get him in front of those who’s life he irrevocably changed.
There’s nothing inhumane about this – sure it costs a little – but if there are a couple of thousand investors who lost money – (and assuming no proportional distribution of recovered revenue) that’s $200 each. Is $200 worth it? We think so – hell, we’d even write a check!
Posted via email from Get Even With Bernie Madoff
Photo Credit: cathleenritt on Flickr
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his numbers never added up.and u kept sending your money.