Monday 15 December 2008

made off with it

The BOF has been watching reactions to the Madoff affair with tenuously connected interest. He has an acquaintance who was well and truly clobbered by the fraudster.  It would appear that new marks were reeled in through the oldest ruse in the book: "The fund's actually closed, but I think I can get you in if we move fast."

The Acquaintance spoke to a member of his family shortly after the dreadful truth was revealed. When asked what he was going to do, his reply was not one of blame, recrimination or evasion of responsibility. 

He was making A LIST - a list of what he had left that might be sold so that he could start again.

Truly a bof of the first order!

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