Per Wizard of Lies, Madoff was a very generous boss

IndyRed128i · 12-01-2022, 11:04 PM

Read the book recently and then read some of articles outlining this.

Obviously his crime was HORRIBLE, but coming up on his arrest anniversary, and reading wizard of lies, it sounds like he was a VERY generous boss.

-Paid for Weddings, honeymoons, engagement rings, exc for hard working employees who couldn't afford it.

-Paid for big medical expenses, and I guess even paid for the private school tuition to Jewish universities of several employee parents who didn't have a big college fun for their kids.

-Even bought houses and cars for some employees, who supposedly had no idea about the scam

Crazy that someone can "care" about their employees like that and at the same time be that big of a scammer

KevinC · 12-02-2022, 02:42 AM

How can you call that "care" when he was using stolen money?? That's not "care", that's just sharing his ill-gotten gains. Hopefully there's a special place in hell for assholes like Madoff and the FTX criminal puke.

BRAKE! · 12-02-2022, 03:12 AM

This spells out zero morals. It’s easy to spend money that is not yours. To him, I’m sure it felt like spending ‘Monopoly’ money. He robbed investors so that they couldn’t pay for their own medical bills, weddings, houses, cars, etc. that they had actually WORKED for.

Put what he did into a bigger context and you’ll see how this faux show of compassion and empathy was just another way he was a crook.

ppointer · 12-02-2022, 08:39 AM

Classic virtue signaling. Trying to make himself feel better knowing the theft that he was hiding. Don't forget he was quite generous to himself as well.

floridaorange · 12-02-2022, 09:03 AM

Quote:

Originally Posted by IndyRed128i

Crazy that someone can "care" about their employees like that and at the same time be that big of a scammer

Sort of, but not really.

It was a ponzi scheme - so he probably enjoyed the fact that others besides him were benefitting from his nefarious deeds as a means of justification not altruism.

dreamingat30fps · 12-02-2022, 09:35 AM

I doubt he even did it because he "cared". I'm sure he wanted to be seen as caring as it probably gives less cause for people to look into him. Probably also makes people more likely to trust him and "invest".

ASAP · 12-02-2022, 11:13 AM

so ummmm.... when is the FTX founder headed to the slammer? Last I checked he was part of an organized forum on tv lol.

12-01-2022, 11:04 PM	#1
IndyRed128i Private First Class 222 Rep 165 Posts Drives: 2022 BMW 230I(Red) Join Date: Jan 2016 Location: Dallas, TX iTrader: (0)	Per Wizard of Lies, Madoff was a very generous boss Read the book recently and then read some of articles outlining this. Obviously his crime was HORRIBLE, but coming up on his arrest anniversary, and reading wizard of lies, it sounds like he was a VERY generous boss. -Paid for Weddings, honeymoons, engagement rings, exc for hard working employees who couldn't afford it. -Paid for big medical expenses, and I guess even paid for the private school tuition to Jewish universities of several employee parents who didn't have a big college fun for their kids. -Even bought houses and cars for some employees, who supposedly had no idea about the scam Crazy that someone can "care" about their employees like that and at the same time be that big of a scammer
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12-02-2022, 02:42 AM	#2
KevinC your average JAMF 3088 Rep 4,090 Posts Drives: '21 M2 Comp, '19 Golf R Join Date: Oct 2005 Location: Cochise County, AZ iTrader: (0) Garage List 2019 VW Golf R [0.00] 2021 BMW M2 Competi ... [0.00]	How can you call that "care" when he was using stolen money?? That's not "care", that's just sharing his ill-gotten gains. Hopefully there's a special place in hell for assholes like Madoff and the FTX criminal puke. __________________ '21 M2 Comp '19 Golf R
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12-02-2022, 03:12 AM	#3
BRAKE! First Lieutenant 840 Rep 319 Posts Drives: 718 GT4 Join Date: Aug 2021 Location: USA iTrader: (0)	This spells out zero morals. It’s easy to spend money that is not yours. To him, I’m sure it felt like spending ‘Monopoly’ money. He robbed investors so that they couldn’t pay for their own medical bills, weddings, houses, cars, etc. that they had actually WORKED for. Put what he did into a bigger context and you’ll see how this faux show of compassion and empathy was just another way he was a crook.
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12-02-2022, 08:39 AM	#4
ppointer Major 743 Rep 1,091 Posts Drives: '01 Z3M, '12 335is, '22 540i Join Date: Jul 2013 Location: FLL iTrader: (4) Garage List 2012 BMW 335i [5.25] 2012 BMW 335is [5.00] 2008 Infiniti QX56 [0.00] 1967 Chevrolet Corv ... [10.00] 2001 M Roadster [10.00] 2022 BMW 540i [0.75] 2009 528i [9.50]	Classic virtue signaling. Trying to make himself feel better knowing the theft that he was hiding. Don't forget he was quite generous to himself as well.
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12-02-2022, 09:35 AM	#6
dreamingat30fps Lieutenant Colonel 5307 Rep 1,907 Posts Drives: Miata, Cayenne, Model 3, F350 Join Date: Jan 2010 Location: South Florida & NC iTrader: (1)	I doubt he even did it because he "cared". I'm sure he wanted to be seen as caring as it probably gives less cause for people to look into him. Probably also makes people more likely to trust him and "invest".
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12-02-2022, 11:13 AM	#7
ASAP Major General 10131 Rep 8,609 Posts Drives: '23 X3 M40i Join Date: Sep 2012 Location: FL iTrader: (0)	so ummmm.... when is the FTX founder headed to the slammer? Last I checked he was part of an organized forum on tv lol. __________________ 2 x N54 -> 1 x N55 -> 1 x S55-> 1 x B58
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