Fraudsters! Beware the Fate of Bernard Madoff


	Fraudsters! Beware the Fate of Bernard Madoff

schimbad

6-30-2009 2:03 PM

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tags:

bernard madoff, the fate of bernard madoff

schimbad says:

Would you like to be in Bernard Madoff's shoes? I don't think so....honesty is the best policy and always has been...Goodbye Bernard...

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/973d2db4-4584-4b54-91d1-47feffa63c21/33A57697-0279-4268-AE5A-E311E1D59D89/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://currenciesdirect.wordpress.com/" href="http://currenciesdirect.wordpress.com/" style="font-size: 11px;">currenciesdirect.wordpress.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://currenciesdirect.wordpress.com/"><H2 id="post-834"><A rel="bookmark" href="http://currenciesdirect.wordpress.com/2009/06/30/fraudsters-beware-the-fate-of-bernard-madoff/">Fraudsters Beware the Fate of Bernard Madoff</A></H2></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://currenciesdirect.wordpress.com/"><P>Yesterday Bernard Madoff, the disgraced financier, was jailed for 150 years for orchestrating the $65 bn fraud. The heavy sentence is a little pointless given that he is 71 years old, however it does reflect the severity of the crime and certainly sends a message to would be fraudsters…</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://currenciesdirect.wordpress.com/"><P>Late trading yesterday on Wall Street and in Asian equities pushed up commodities; crude oil moved up 3.4%, copper and Gold also gained. This reflected increased risk sentiment in the markets. This led to the usual swings in the markets with the USD and Yen broadly sold.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://currenciesdirect.wordpress.com/"><P><A href="http://www.ino.com/info/196/CD3380/quotes.ino.com%2Fanalysis%2Ftrend%2F?symb=FOREX_EURUSD"><SPAN>EUR/USD</SPAN></A> pushed back up to 1.41,<SPAN> </SPAN><A href="http://www.ino.com/info/196/CD3380/quotes.ino.com%2Fanalysis%2Ftrend%2F?symb=FOREX_GBPUSD"><SPAN>GBP/USD</SPAN></A> pushed over the 1.66 resistance level to a high of 1.6743 and <A href="http://www.ino.com/info/196/CD3380/quotes.ino.com%2Fanalysis%2Ftrend%2F?symb=FOREX_GBPEUR"><SPAN>GBP/EUR</SPAN></A> pushed through 1.18 to a high of 1.1850.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://currenciesdirect.wordpress.com/"><P>Look out for data from the US later in the form of consumer confidence and the Chicago Purchasing Managers Index, again if we see good data this should help the risk appetitie sentiment and fuel further sellling of USD.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://currenciesdirect.wordpress.com/"><P><STRONG>Report by Phil McHugh</STRONG></P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/33A57697-0279-4268-AE5A-E311E1D59D89/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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