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-   -   Al Sharpton Rallies outside of Madoff Home (https://greekchat.com/gcforums/showthread.php?t=102994)

DaemonSeid 02-08-2009 09:37 AM

Al Sharpton Rallies outside of Madoff Home
 
NEW YORK (Reuters) – Saying Bernard Madoff enjoys a "gilded penthouse incarceration," civil rights activist Al Sharpton led a rally outside the accused swindler's Manhattan home on Saturday urging equal justice for the rich and poor.

Sharpton and about 30 other demonstrators protested that Madoff was being allowed to remain free pending trial while poor people with no access to top legal representation languished in prison for relatively minor infractions.

"There must be one standard for all, and not one based on income," Sharpton said at the protest on Manhattan's affluent Upper East Side.

He added that Madoff was experiencing "a kind of gilded penthouse incarceration."

Madoff, 70, was arrested on December 11 in connection with what authorities have described as the biggest Ponzi scheme in history. In a Ponzi scheme, early investors are paid with money from new investors.

According to prosecutors, Madoff has confessed that his money management business was "one big lie" and had racked up losses of as much as $50 billion.


link


Ok...Al....I understand what you are trying to accomplish but when you also found guilty of owing the gov't back taxes you can't rally in front of someone's else's crib and yell shenanigans. I hope nobody cut their feet on the shards of glass you left yesterday.

RU OX Alum 02-08-2009 02:24 PM

^^^
yes to what DS said.

preciousjeni 02-08-2009 03:06 PM

Quote:

Originally Posted by DaemonSeid (Post 1776737)
NEW YORK (Reuters) – Saying Bernard Madoff enjoys a "gilded penthouse incarceration," civil rights activist Al Sharpton led a rally outside the accused swindler's Manhattan home on Saturday urging equal justice for the rich and poor.

Sharpton and about 30 other demonstrators protested that Madoff was being allowed to remain free pending trial while poor people with no access to top legal representation languished in prison for relatively minor infractions.

"There must be one standard for all, and not one based on income," Sharpton said at the protest on Manhattan's affluent Upper East Side.

He added that Madoff was experiencing "a kind of gilded penthouse incarceration."

Madoff, 70, was arrested on December 11 in connection with what authorities have described as the biggest Ponzi scheme in history. In a Ponzi scheme, early investors are paid with money from new investors.

According to prosecutors, Madoff has confessed that his money management business was "one big lie" and had racked up losses of as much as $50 billion.


link


Ok...Al....I understand what you are trying to accomplish but when you also found guilty of owing the gov't back taxes you can't rally in front of someone's else's crib and yell shenanigans. I hope nobody cut their feet on the shards of glass you left yesterday.

I was about to come in and say the same thing.

Thetagirl218 02-08-2009 03:49 PM

While Al Sharpton may not be the best advocate to raise this issue, the issue needs to be raised!

Madoff should be in prison, not under house arrest.

madmax 02-08-2009 05:46 PM

Madoff should be strapped to a chair and fried.

Elephant Walk 02-08-2009 06:42 PM

Sharpton must've lost money.

DaemonSeid 03-12-2009 12:34 PM

Madoff goes to JAIL!

preciousjeni 03-12-2009 12:55 PM

Quote:

Originally Posted by DaemonSeid (Post 1789580)

Lord have mercy on him. Perhaps out of this mess, investors will reconsider their greed and stop making idiotic decisions.

NinjaPoodle 03-12-2009 02:23 PM

Quote:

Originally Posted by preciousjeni (Post 1789590)
Lord have mercy on him. Perhaps out of this mess, investors will reconsider their greed and stop making idiotic decisions.

Not likely.

KSig RC 03-12-2009 05:34 PM

Quote:

Originally Posted by preciousjeni (Post 1789590)
Lord have mercy on him. Perhaps out of this mess, investors will reconsider their greed and stop making idiotic decisions.

Wait - you're blaming the investors? LOOOOOOOOOOOOOL

preciousjeni 03-12-2009 05:44 PM

Quote:

Originally Posted by KSig RC (Post 1789743)
Wait - you're blaming the investors? LOOOOOOOOOOOOOL

Blaming them? Not at all. People have to protect themselves from crooks. They should know better than to be fooled into an unreasonably high ROI.

KSig RC 03-12-2009 08:00 PM

Quote:

Originally Posted by preciousjeni (Post 1789751)
Blaming them? Not at all. People have to protect themselves from crooks. They should know better than to be fooled into an unreasonably high ROI.

There's a difference between not doing due diligence and getting defrauded, you know? He actually paid out that ROI until the scheme imploded . . .

DrPhil 06-29-2009 11:35 AM

Madoff was sentenced to 150 years in prison.

Whew.

DaemonSeid 06-29-2009 12:21 PM

No one is above the law....LOL.

The judge threw the book at him...and connected.

Damn.

sdeason1 06-30-2009 01:24 PM

Madoff should burn in hell for all of the people he screwed and his family lived so well.
Sharpton needs to keep his nose out of peoples business when it is not needed along with Jackson. a lot of show and press coverage is what they are looking for. screw them. what have they actually done for people other than get their names in the press?


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