Convicted Ponzi schemer Bernie Madoff: 'I'm not a great fan of redistribution of wealth'
Stephen Chernin / Getty Images
In 2009, Bernie Madoff was sentenced to 150 years in prison for running the largest Ponzi scheme in American history, a scheme that netted the duplicitous financier some $50 billion. In other words, Madoff oversaw a massive redistribution of wealth from many (his clients) to one (himself).
Well, Politico caught up with the disgraced Madoff for a three-hour-long interview, the result of which is this perfect, tone deaf passage:
Madoff voted for Obama in 2008, but now says he is "terribly disappointed" in the president and would not have voted for him a second time. "His policies are too socialist." [...] New York Mayor Bill de Blasio? "I'm not a great fan of redistribution of wealth," Madoff says. [Politico]
Hear that, you dang socialist politicians? Stop trying to redistribute all that wealth. That's Madoff's job.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Jon Terbush is an associate editor at TheWeek.com covering politics, sports, and other things he finds interesting. He has previously written for Talking Points Memo, Raw Story, and Business Insider.
-
Nobody seems surprised Wagner's Prigozhin died under suspicious circumstancesSpeed Read
-
Western mountain climbers allegedly left Pakistani porter to die on K2Speed Read
-
'Circular saw blades' divide controversial Rio Grande buoys installed by Texas governorSpeed Read
-
Los Angeles city workers stage 1-day walkout over labor conditionsSpeed Read
-
Mega Millions jackpot climbs to an estimated $1.55 billionSpeed Read
-
Bangladesh dealing with worst dengue fever outbreak on recordSpeed Read
-
Glacial outburst flooding in Juneau destroys homesSpeed Read
-
Scotland seeking 'monster hunters' to search for fabled Loch Ness creatureSpeed Read



