From ad-hoc-news.de
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Frank Avellino
Frank Avellino ran a feeder fund that was associated with the Bernie Madoff scandal.
National Liquidators Who: National Liquidators, the largest boat and ship recovery and remarketing company in the U.S., will hold a pre-auction, media-only preview of three vessels previously owned by Bernie Madoff, a yacht owned by former Madoff CFO, Frank DiPascali, plus three additional mega yachts What: Seven luxury vessels will be sold by National Liquidators in a private auction on November 17.
More perspectives...
Cafe Hayek has a series of articles here and here on the absurd numerical games going on to pump up the stimulus numbers (which I also offered example of here, where pay increases were considered a “job saved”).
For example:
Up to one-fourth of the 110,000 jobs reported as saved by federal stimulus money in California probably [...]
From feedburner.com
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- Bernie Madoff Author to Speak at MJCC (memphisflyer.com)
- The Madoff Auction (blogs.govexec.com)
- Madoff's Mets jacket, jewelry on NYC auction block (dailyrecord.com)
You can now get Bernie Madoff's seized penthouse for a steal. The convicted ponzi scum's three-bedroom home on E. 64th St. is now $8.9 million - $1 million cheaper than when first listed two months ago.
From nydailynews.com
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- Bernie Madoff's Personal Effects Up For Auction (luxist.com)
- Madoff Auction: Wall Street Bling for Sale (nowpublic.com)
- Bernie Madoff's Accomplice to Stay Behind Bars For Now, Judge Rules (search.live.com)
Convicted Ponzi schemer Bernie Madoff's personal affects are going on the auction block next week in an effort to repay his victims some of their financial losses. Check out the catalogue of crap you can bid on, including boogie boards, golf umbrellas and a life bouy.
From crikey.com.au
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- Madoff Lesson: Liars Can Thwart an SEC Investigation (garyweiss.blogspot.com)
In order to (partially) repay Bernie Madoff's victims, the Feds aren't just selling off his real estate; they're selling off every last knick-knack and bric-a-brac that might potentially raise a dollar, at auction. Sample the "Bull" crap bounty, below! LOT 276- JACKET: [1] Blue satin with orange trim jacket labeled and stitched with: NY Mets, 'MADF', '25' and 'Madoff' LOT 278- SCREEN: [1] Chinese Chippendale Mahogany Two Panel Table Top Screen...
From gawker.com
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- 200+ of Madoff's personal effects to hit auction block (nydailynews.com)
- Auction repackages Madoff's greed (feedburner.com)
- Madoff Auction to Sell Rolexes, Fur Coats…and $80 Boogie Boards (businesspundit.com)
Phil Davis submits: $2.5 Trillion - That’s the size of of the global oil scam. It’s a number so large that, to put it in perspective, we will now begin measuring the damage done to the global economy in "Madoff Units" ($50Bn rip-offs). That’s right - $2.5Tn is 50 TIMES the amount of money that Bernie Madoff scammed from investors in his lifetime, yet it is also LESS than the MONTHLY EXCESS price the global population is being manipulated into...
From seekingalpha.com
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- Richard Cohen: Learning yet another lesson from Bernie Madoff (news-herald.com)
- Bernie Madoff only squandered $21 billion (scienceblogs.com)
- Friehling: Another Madoff domino falls (bloggingstocks.com)
Jeffry Picower, the Florida philanthropist who reaped massive rewards from Bernie Madoff's swindling then died in his swimming pool, has left $200 million to his wife, $25 million to his daughter and $10 million to his longtime assistant, even as his estate is in negotiations to return the money he received from Madoff. Picower's lawyer has agreed to hand over $2 billion to the trustee tasked with recouping money for Madoff's victims but...
From nymag.com
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- Billionaire Killed By Stress of Madoff Money - Bernie Madoff (blogsearch.google.com)
- Bernie Madoff Associate Found Dead (news.ask.com)





