An Aerial Tour of the Homes of Bernie Madoff and the Bailed-Out Bankers

[seemslikeadream]

http://www.wowowow.com/photo-essay/homes-of-bankers-bernie-madoff-154277

An Aerial Tour of the Homes of Bernie Madoff and the Bailed-Out Bankers



As our former middle class prepares for America’s first All Wal-Mart Christmas, we decided to search for aerial and satellite glimpses of the extraordinary Hampton haciendas, Greenwich getaways and DC domains that belong to the Big Boyz of finance, at least according to the community members/citizen journalists of Virtual Globetrotting.

Yes, whether they ran banks that now need billions in taxpayer bailouts to survive, or sold mortgages to those who were never able to pay, or in the case of Bernie Madoff, were alleged Ponzi schemers, the question remains … where did all that money go?

From the look of these places, their firms may have made risky bets with leveraged money, but the bonuses they paid themselves?

Those dollars were real.

[leftstreet]

1. Damn it feels good to be a gangsta!

:puke:

[Mari333]

4. LOL

[Warpy]

2. Some of those places will be great hotels

once the economy turns around that people have enough money and time to consider taking vacations again.

[southerncrone]

3. Time for the pitchforks & torches?

Seemslikeadream, all of this seems like more of a nightmare as we learn more.

The arrogant pompousness of these bastards is just more salt in the already-gaping wounds they've afficted on the average American citizen.

They should all be:

1. Arrested for theft


2. All of their property & assets confiscated, including those offshore


3. Their property sold at public auction


4. The auction proceeds given to the home owners who were victims of the financial bailout


5. Release them from jail & force them to live in homeless shelters the rest of their days

[NV Whino]

5. Sounds like a good solution to me.

[SammyWinstonJack]

6. A great solution and would send a clear message to any one thinking of going down the same

path.

[sce56]

7. I Agree!!

[seemslikeadream]

8. pitchforks & torches

my thoughts exactly

[earth mom]

16. Meanwhile Madoff is on house arrest instead of in jail.

:puke:

:grr:

[Quantess]

9. K & R

[edc]

10. God what fools these bankers be.

:hide: The stupid bastards forgot to build walls and moats.

[SoCalDem]

11. FIRST.. Assets should be seized, and the "family" put up in HUD housing

with a guard...

Once it's all "sorted out", the disposition of the "uninvolved family members" could be addressed..

Grandpa/Daddy/Hubby stole a bazillion bucks , so the "family" prospered all along , and there is NO EARTHLY REASON why they should profit from the losses of all the people defrauded along the way..

ASSET SEIZURE should be first..because it prevents them from being spirited away. Obviously you cannot hide a house, but the contents are often original art, jewelry, artifacts etc..

Those mansions could be used as public facilities..turned into schools...apartments for foreclosed on families..

[cali]

12. uh, no. those mansions could likely not be used as public facilities

not in Greenwich and not in the Hamptons or Nantucket or most other wealthy enclaves. Zoning lawas wouldn't permit it.

[SoCalDem]

13. Desperate times call for desperate measures..

Many of the Robber barons' mansions are now public facilities..

Once enough of those formerly rich can no longer afford the upkeep & taxes, they may have no other choice

[leftofthedial]

14. it's time for the tar and the feathers

and to take our money back.

We could turn that into an assisted living center for returning vets I'd bet.

[soothsayer]

15. as brecht asked, What's the bigger crime? the founding of a bank or the robbing of a bank?

[CitizenPatriot]

17. is there a local sports arena where we could

"house" all of them after we takeover their homes as museums and what not?

[bobthedrummer]

18. "Tales from the country club" by Ed Pilkington (12-20-08 Guardian)

"One of the mysteries of the Madoff affair has been why so many were so eager to give the disgraced investor their life savings. The answer lies in a peculiarly American social scene."

http://www.guardian.co.uk/business/2008/dec/20/bernard-madoff-fraud

:hi:
:patriot:

[leftstreet]

20. "in good times why ask questions"

:party:

Interesting article.

Thanks for posting.

[malaise]

19. Wicked post

I love it :D