Comments on: Fraud, Everywhere http://www.concurringopinions.com/archives/2008/12/_fraud_everywhe.html The Law, the Universe, and Everything Fri, 19 Mar 2010 03:43:17 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Wayne Linksman http://www.concurringopinions.com/archives/2008/12/_fraud_everywhe.html/comment-page-1#comment-45609 Wayne Linksman Thu, 25 Dec 2008 16:23:01 +0000 http://www.solove.org/archives/2008/12/fraud-everywhere.html#comment-45609 FORMER BERNARD MADOFF TRADER, ANDREW COHEN, INTERVIEWED ON CNBC, Wednesday, 17 Dec 2008: "NO, THERE DEFINITELY HAD TO BE A LOT OF OTHER PEOPLE INVOLVED. AGAIN, I WAS ON A SEPARATE FLOOR AND, YOU KNOW, THE INTERESTING THING IS WHEN I FIRST WAS TRADING OVER THERE, AT MADOFF, AS YOU KNOW, WAS HIS RIGHT-HAND MAN. I DON'T KNOW WHAT THE DETAILS OF IT WERE, BUT INITIALLY HE USED TO COME TO US AND SOMETIMES HAVE US AS A TRADER EXECUTE TRADES FOR HIS ACCOUNT. WE WOULD THEN BUY CERTAIN STOCKS FOR, YOU KNOW, DEPENDING WHICH STOCKS WERE MARKED MAKING IN, AND THEN HE WOULD TAKE OUT THE TRADES FROM OUR ACCOUNT, AVERAGE PRICE THEM AND I WOULD ASSUME THAT WOULD GO TO HIS INVESTMENT ACCOUNTS." FORMER BERNARD MADOFF TRADER, ANDREW COHEN, INTERVIEWED ON CNBC, Wednesday, 17 Dec 2008:

“NO, THERE DEFINITELY HAD TO BE A LOT OF OTHER PEOPLE INVOLVED. AGAIN, I WAS ON A SEPARATE FLOOR AND, YOU KNOW, THE INTERESTING THING IS WHEN I FIRST WAS TRADING OVER THERE, AT MADOFF, AS YOU KNOW, WAS HIS RIGHT-HAND MAN.

I DON’T KNOW WHAT THE DETAILS OF IT WERE, BUT INITIALLY HE USED TO COME TO US AND SOMETIMES HAVE US AS A TRADER EXECUTE TRADES FOR HIS ACCOUNT. WE WOULD THEN BUY CERTAIN STOCKS FOR, YOU KNOW, DEPENDING WHICH STOCKS WERE MARKED MAKING IN, AND THEN HE WOULD TAKE OUT THE TRADES FROM OUR ACCOUNT, AVERAGE PRICE THEM AND I WOULD ASSUME THAT WOULD GO TO HIS INVESTMENT ACCOUNTS.”

]]> By: Wayne Linksman http://www.concurringopinions.com/archives/2008/12/_fraud_everywhe.html/comment-page-1#comment-45608 Wayne Linksman Thu, 25 Dec 2008 16:22:52 +0000 http://www.solove.org/archives/2008/12/fraud-everywhere.html#comment-45608 FORMER BERNARD MADOFF TRADER, ANDREW COHEN, INTERVIEWED ON CNBC, Wednesday, 17 Dec 2008: "NO, THERE DEFINITELY HAD TO BE A LOT OF OTHER PEOPLE INVOLVED. AGAIN, I WAS ON A SEPARATE FLOOR AND, YOU KNOW, THE INTERESTING THING IS WHEN I FIRST WAS TRADING OVER THERE, AT MADOFF, AS YOU KNOW, WAS HIS RIGHT-HAND MAN. I DON'T KNOW WHAT THE DETAILS OF IT WERE, BUT INITIALLY HE USED TO COME TO US AND SOMETIMES HAVE US AS A TRADER EXECUTE TRADES FOR HIS ACCOUNT. WE WOULD THEN BUY CERTAIN STOCKS FOR, YOU KNOW, DEPENDING WHICH STOCKS WERE MARKED MAKING IN, AND THEN HE WOULD TAKE OUT THE TRADES FROM OUR ACCOUNT, AVERAGE PRICE THEM AND I WOULD ASSUME THAT WOULD GO TO HIS INVESTMENT ACCOUNTS." FORMER BERNARD MADOFF TRADER, ANDREW COHEN, INTERVIEWED ON CNBC, Wednesday, 17 Dec 2008:

“NO, THERE DEFINITELY HAD TO BE A LOT OF OTHER PEOPLE INVOLVED. AGAIN, I WAS ON A SEPARATE FLOOR AND, YOU KNOW, THE INTERESTING THING IS WHEN I FIRST WAS TRADING OVER THERE, AT MADOFF, AS YOU KNOW, WAS HIS RIGHT-HAND MAN.

I DON’T KNOW WHAT THE DETAILS OF IT WERE, BUT INITIALLY HE USED TO COME TO US AND SOMETIMES HAVE US AS A TRADER EXECUTE TRADES FOR HIS ACCOUNT. WE WOULD THEN BUY CERTAIN STOCKS FOR, YOU KNOW, DEPENDING WHICH STOCKS WERE MARKED MAKING IN, AND THEN HE WOULD TAKE OUT THE TRADES FROM OUR ACCOUNT, AVERAGE PRICE THEM AND I WOULD ASSUME THAT WOULD GO TO HIS INVESTMENT ACCOUNTS.”

]]> By: g http://www.concurringopinions.com/archives/2008/12/_fraud_everywhe.html/comment-page-1#comment-45607 g Sun, 14 Dec 2008 02:54:58 +0000 http://www.solove.org/archives/2008/12/fraud-everywhere.html#comment-45607 Free TV, Movies, Games, and College Educations. InternetSurfShack.com Free TV, Movies, Games, and College Educations. InternetSurfShack.com

]]> By: The Scientific Leader http://www.concurringopinions.com/archives/2008/12/_fraud_everywhe.html/comment-page-1#comment-45606 The Scientific Leader Sun, 14 Dec 2008 01:35:43 +0000 http://www.solove.org/archives/2008/12/fraud-everywhere.html#comment-45606 It's sad that these organizations haven't considered even basic leadership due diligence methods before handing over Billions to Madoff. Where was his board? Why didn't they use even basic assessment methods known to do a decent job of screening out leaders lacking integrity? More here http://blog.scientificleader.com/2008/12/13/madoff-destroys-50-billion-with-giant-ponzie-scheme/ It’s sad that these organizations haven’t considered even basic leadership due diligence methods before handing over Billions to Madoff. Where was his board? Why didn’t they use even basic assessment methods known to do a decent job of screening out leaders lacking integrity? More here http://blog.scientificleader.com/2008/12/13/madoff-destroys-50-billion-with-giant-ponzie-scheme/

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