Hopefully, some people will remember that the saying that if it looks too good to be true it probably is. Certainly, the people who were duped by Bernie Madoff made several mistakes and one of them was that it was too good to be true. How could Bernie Madoff be making those returns when no one else was? Another rule, do not put all your eggs in one basket. Always diversify where you keep your holdings.
Bernie Madoff who received a 150 year term which he obviously never serve out is on his way to a much different life style. When he arrives at his detention facility he will be issued a tiny bar of soap, a tooth brush, a comb and a razor.
"This bar of soap is like the size of a matchbook," said Larry Levine, the founder of Wall Street Prison Consultants, who spent 10 years in federal prison. (No that's an interesting concept- Levine is catering to people from Wall Street who face prison. )What kind of consulting does he do for these people? There are obviously enough persons in this situation that Levine has clientele who will keep him employed.
Madoff's wife feels betrayed by her husband. Ruth stated:"From the moment I learned from my husband that he had committed an enormous fraud, I have had two thoughts,-first, that so many
people who trusted him would be ruined financially and emotionally, and second, that my life with the man I have known for over 50 years was over.
"My husband was the one we (and I include myself) respected and trusted with our lives and our livelihoods ... who was respected in the securities industry as well. Then there is the other man who stunned us all with his confession and is responsible for this terrible situation.
A touching statement but she worked in Madooff's office for many years. How could she not know what was going on? http://www.canada.com/business/fp/Questions+linger+about+Ruth+Madoff+role+scheme/1744655/story.html
My goodness, these are interesting times!
Bernie Madoff who received a 150 year term which he obviously never serve out is on his way to a much different life style. When he arrives at his detention facility he will be issued a tiny bar of soap, a tooth brush, a comb and a razor.
"This bar of soap is like the size of a matchbook," said Larry Levine, the founder of Wall Street Prison Consultants, who spent 10 years in federal prison. (No that's an interesting concept- Levine is catering to people from Wall Street who face prison. )What kind of consulting does he do for these people? There are obviously enough persons in this situation that Levine has clientele who will keep him employed.
Madoff's wife feels betrayed by her husband. Ruth stated:"From the moment I learned from my husband that he had committed an enormous fraud, I have had two thoughts,-first, that so many
people who trusted him would be ruined financially and emotionally, and second, that my life with the man I have known for over 50 years was over."My husband was the one we (and I include myself) respected and trusted with our lives and our livelihoods ... who was respected in the securities industry as well. Then there is the other man who stunned us all with his confession and is responsible for this terrible situation.
A touching statement but she worked in Madooff's office for many years. How could she not know what was going on? http://www.canada.com/business/fp/Questions+linger+about+Ruth+Madoff+role+scheme/1744655/story.html
My goodness, these are interesting times!
hat a generation of younger people is being encouraged to text on their phones and it has become a sport. You can win extraordinary amounts of money for being able to text rapidly. Yesterday, Kathy Spence of Scarborough won $25,000 after she won the LG Texting Championships. 


Some days, it takes time to find a topic for the blog. I have not made a point of describing the crafts that I do like knitting- I am busy knitting some scarves for next December- yes, you read correctly. Time to do some planning. December will be busy with many concerts. I am hoping to garden but it looks like today is not going to be one of those days again- it has rained nearly everyday. The plants are happy but unfortunately, so are the weeds. I am busy with music again, octet has started, the trio is thriving and orchestra has stopped for the summer. Rainy weather like we are having is good for watching Wimbledon tennis. I don't feel the same guilt as when the weather is lovely and I could be outside doing some work.
It is official, summer has arrived. I have fresh strawberries from the area. That for me is a sign that summer has arrived. I love fresh fruit and that fact that genetic engineers have managed to develop a strawberry that bears fruit until the first frost is a god send. Can you imagine ripe strawberries in September, August is a joy! I am looking forward to having fruit fresh from the bush, vine or tree where ever it grows. Once I have had my fill of strawberries alone, I will start fruit salads adding whatever fruit is ripe and luscious.