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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHow the Trump story will end
I've been watching the Richard Dreyfus version of the Bernie Madoff story. Madoff bilked investors out of billions through a Ponzi scheme. He was a con artist who swam with the big fish and didn't get caught until the SEC investigated him. At that point he had been cheating people for years, but nobody was watching.
I can't help but think of Trump while watching the story of this con artist. Madoff was a narcisisst - a habitual liar and a manipulator.
He ended up destroying his family and is now serving a 150 year prison sentence. This is how his story ends, and this is how Trump's story will end when all his lying finally catches up with him. And it will.
grantcart
(53,061 posts)milestogo
(16,829 posts)Warpy
(111,327 posts)running before anybody bothered to do anything about him. That's the real scandal, not the Ponzi scheme he was running.
Hell, if he was only cheating poor people, they'd never have been interested. His mistake was that he cheated the rich.
delisen
(6,044 posts)They are able to operate in plain sight.
Madoff might have been able to continue his Ponzi scheme until he died; he got caught because of the massive financial crash and too many clients suddenly, at the same time, wanted their money back.
milestogo
(16,829 posts)https://en.wikipedia.org/wiki/Bernard_Madoff
delisen
(6,044 posts)alittlelark
(18,890 posts)localroger
(3,629 posts)...his Ponzi scheme finally collapsed and he couldn't find enough new investors to pay his old investors. Until that happened nobody would believe the people who were onto him, and once it happened it was waaaaaaay too late.