does Madoff have a billion stashed?

Excellent points

The thread title is phrased as a rhetorical
question. If it isn't 1bb, it's 2, or four, or ten..............

But they'll be a ton of surprises, guaranteed.

 

Maybe he buried his gold in the ground somewhere?

 

another question is what happens to all the capital gains taxes paid by investors?

 

'sorry, door swing only one way'

take $3000 of this years gains, (assuming they have any)

 

Any victim of fruad will be allowed to file amended returns and recoup monies paid in err.

Unfortunately, most victims are domiciled in New York (City) (State). The Fed will just print themoney, but Fl and NY will have to pay in script.

 

Ain't that great? If you're fortunate enough to catch a big profit, you pay big tax. If you're unfortunate enough to catch a big loss, you may not recover/offset it over the balance of your lifetime.

 

IRS: 'Me fuck you, so sorry'

 

They're better these days.

They used to be mean, and retaliatory.

 

Every hour, more victims & more $ supposedly gone.

I expect Paulson to announce in the AM that 3 trillion of the US Treasury was invested with Madoff.

Hey, he was doing a very good job.

Amen.

Welcome to the Saturday Night Live version of reality, no make that the Monty Python version.

<object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/e6Lq771TVm4&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/e6Lq771TVm4&hl=en&fs=1" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="425" height="344"></embed></object>

 

You're not far off.