Monday, February 28, 2011

Madoff says he has had not communication with his wife since their son's suicide in December

U.S. Department of Justice Photograph, 2008

A Madoff interview in the current New York Magazine reports that the convicted ponzi scheme creator called reforms of the financial situation a joke. He blames the big banks, hedge funds and even his clients for failing to question his bogus investment returns.

He claims that keeping the multi-billion dollar scheme a secret was a nightmare! (can we really believe him when he has repeated that his family was not aware of the ponzi scheme?)

Most important to me is that his wife has not spoken to him since his eldest son Mark committed suicide on December 11, 2010. His wife Ruth, Madoff avers, blames him for destroying the family.

Madoff is currently serving a 150 year sentence in a North Carolina prison for fraud charges leveled against him 2009.

The blogger thanks CBS Early Morning News for their coverage of this story.


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