The Other McCain

"One should either write ruthlessly what one believes to be the truth, or else shut up." — Arthur Koestler

So Madoff Should Have Gone Into Something Respectable With His Penchant For Falsehood; Say, Global Warming

Posted on | February 28, 2011 | 2 Comments

by Smitty (h/t Lucianne)

Ol’ Bernie is so bent as to be nearly admirable for his panache:

In a series of phone interviews with New York magazine, Madoff repeatedly said he wasn’t trying to justify what he did – and then he repeatedly tried to justify what he did.

“These people probably would’ve lost all that money in the market,” he said from prison in Butner, N.C., where he just wrapped up the first year of his 150-year sentence.

He blamed his clients – the fat cats and charities and foundations who lost billions in his bogus investment fund – for failing to question how he kept making steady profits even in down years.

“These banks and these funds had to know there were problems,” Madoff said.

He noted that he never explained his strategies or methods.

“I absolutely refused to do it. I said, ‘You don’t like it, take your money out,’ which of course they never did,” he said.

He says he told all of his investors not to risk any money they couldn’t afford to lose. But, he said, “everyone was greedy.”

In a purely Darwinian sense, I can nearly agree with the guy. Except that he lied. Systematically. Nature in the raw doesn’t really have any accounting for concepts such as truth, or God, or the notion of any judgement existing past the final heartbeat. The Madoffs of the world will always get theirs, if not on the mortal plain.
Airplane! justice, of the sort that Madoff argues, is something at which we laugh:


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