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-   -   Well, he wasn't completely greedy. (http://www.clubcobra.com/forums/lounge/93567-well-he-wasnt-completely-greedy.html)

427 S/O 12-13-2008 02:09 PM

Well, he wasn't completely greedy.
 
Bernard Madoff, a trading powerbroker for more than four decades, allegedly confessed to a fraud that will cost his wealthy investors at least $50 billion —

Notice he gave to the 'robin hood foundation'.


the Madoffs have poured millions upon millions into lymphoma research — just under $6 million in just 2003, their peak year of total giving to charities.

In 2004, a year when their total donations came to almost $6 million, the Madoffs sent $2.5 million to Memorial Sloan Kettering Hospital and $1.7 million to the Leukemia and Lymphoma Society.

Some non-cancer charities made out pretty well in 2005. Girls Inc – a sort of "Big Sisters" group — got $25,000; Lincoln Center put $50,000 in its till; the Special Olympics had a gift of $25,000 and Robin Hood Foundation, $30,000.

http://www.foxnews.com/story/0,2933,466665,00.html

imagine2frolic 12-13-2008 03:26 PM

Probably to try, and ease his concious.....

cobra de capell 12-13-2008 04:31 PM

Actually, giving to the charities is part of the pattern as the donations are noted by people with money to invest - it's part of the circle of deception, it's part of being in the right crowd.

There is, sort of, an up side to this...he's a very liberal Democrat that gave 100's of thousand to Democrats and most of the funds provided to him were more than likely from liberals with personal referrals to him the major method of investing with him.

Of cours, a pittance compared to the ponzi scheme called Social Security.


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