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Click here to visit the new home of Politics Daily!In the secular Jewish country club bourgeoisie satirized in Philip Roth's 1959 novella, "Goodbye, Columbus" (and the 1969 film of it), Brenda Patimkin's family wealth derived from a company that produced sinks and toilets. Seen through the eyes of her lower-middle-class boyfriend, their unbridled abundance and selfish disregard for the less well off is a classic comic drama of class. In a real life, real time, version of avaricious acquisitiveness, the Bernie Madoff family drama, set against the securities industry of secrets and insider handshakes 50 years later, is by contrast, a tragedy ...
(Dec. 14) -- Her lavish world's been turned upside down, and she just lost her eldest son to suicide. Now acquaintances say Ruth Madoff is lashing out. She's said to be furious with her husband, convicted Ponzi schemer Bernard Madoff, blaming him for the death of their son Mark. Reportedly despondent over lawsuits and a criminal investigation, Mark Madoff, 46, hanged himself Saturday with a dog leash in his New York City apartment. "She claims that Bernie Madoff has blood on his hands," Madoff biographer Jerry Oppenheimer said today on NBC's "Today" show. "She calls him an SOB ... that he's ...
(Dec. 13) -- His brother has hanged himself. His father is serving a 150-year prison sentence for perpetuating the world's biggest Ponzi scheme. For Andrew Madoff, life just keeps getting worse. The surviving son of admitted swindler Bernard Madoff is the focus of a federal criminal probe, along with other family members. He also faces more than 1,000 civil suits filed by investors and separate actions filed by Irving Picard, the court-appointed trustee recovering assets for the victims. He has not spoken publicly since Saturday, when his 46-year-old brother, Mark Madoff, was found dead. The ...
(Oct. 21) -- Not everyone can walk a mile in Bernie Madoff's shoes. But soon, one lucky bidder will be able to wear the monogrammed slippers of the disgraced investor, which will be auctioned off by the U.S. Marshals Service next month. The padded pair of velveteen, monogrammed slippers -- size 8 1/2 -- is one of more than 400 items seized from the Ponzi schemer and his wife, Ruth Madoff, bound for the auction block. Buyers can also bid on a 10.5-carat diamond engagement ring, a Steinway grand piano and a bull statuette made out of bronze, all formerly owned by the most infamous family in ...
Ruth Madoff makes Marie "Let them Eat Cake" Antoinette look like Mother Teresa. Thursday, when U.S. marshals forced Ruth Madoff out of the $7 million Manhattan penthouse paid for by money her husband, convicted felon Bernie Madoff, stole from his investors, she asked to take a fur coat with her. Go figure how she thought walking around the Upper East Side in a fur coat in July would not not be obvious. ...
As Mr. and Mrs. Sanford discover how you solve a problem like Maria, thanks to Alex and Ria for rescuing the uppity women of Woman Up (me, especially) from wallowing in tabloid gossip and reminding us of the important role of women in voicing dissent, the dire circumstances in Burma (particularly for Aung San Suu Kyi), and how silly our summertime scandal of political sex is compared to the very real stakes in the global arena. ...
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