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Peter Madoff can spend $10K a month on expenses

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bloomington-lib Donating Member (513 posts) Send PM | Profile | Ignore Fri Apr-03-09 11:50 PM
Original message
Peter Madoff can spend $10K a month on expenses
Edited on Sat Apr-04-09 12:12 AM by bloomington-lib
Source: Associated Press

MINEOLA, N.Y. – Bernard Madoff's brother Peter gets access to $10,000 a month for living expenses under an agreement approved Friday in a lawsuit accusing him of swindling a college student.

Read more: http://news.yahoo.com/s/ap/20090403/ap_on_bi_ge/madoff_brother



There's such a big divide between the rich and everyone else in this country. He might not be making millions a year but as a punishment, getting $10000 a month is a pretty good. I wonder how much stolen money I would be awarded with.
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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-04-09 12:02 AM
Response to Original message
1. I'm not familiar with whether the bro is involved (he's not in jail), but
that's surely excessive to the majority of us.
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bloomington-lib Donating Member (513 posts) Send PM | Profile | Ignore Sat Apr-04-09 12:05 AM
Response to Reply #1
2. he was involved
"This is a very small step in trying to get a little bit of justice," said attorney Steven R. Schlesinger, who represents Samuels in the lawsuit. Samuels, 22, a student at Brooklyn Law School, contends his late grandfather invested $478,000 in trust fund money with Peter Madoff. After his grandfather's death in 2003, Samuels claims Madoff then invested the money in his brother's company.
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JI7 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-04-09 12:09 AM
Response to Reply #1
3. he ripped off some college student
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FreakinDJ Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-04-09 12:35 AM
Response to Reply #1
4. I thought they were now investigating additional family members
I'm sure Bernie will sing like a cannery - family or no family
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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-04-09 12:44 AM
Response to Reply #4
5. Why would he? He's in jail for 15 lifetimes? How old is he? He might
lose his voice, because he's doomed.
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FreakinDJ Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-04-09 12:54 AM
Response to Reply #5
7. Good point - Hopefully the family Rats on Each other
given the history of how it was his sons who turned him in...
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Chef Eric Donating Member (576 posts) Send PM | Profile | Ignore Sat Apr-04-09 06:37 AM
Response to Reply #4
10. Sing like a CANNERY?
What would a cannery's voice sound like? Tinny, I suppose?
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Hannah Bell Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-04-09 06:42 AM
Response to Reply #10
11. :>_
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ConcernedCanuk Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-04-09 09:29 AM
Response to Reply #10
13. +1
.
.
.

:thumbsup:

DU REALLY needs a grammar checker!

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No Elephants Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-06-09 08:35 AM
Response to Reply #13
18. Just goes to show you--different strokes for different folks. I think DU needs more posters who
Edited on Mon Apr-06-09 08:46 AM by No Elephants
refrain from correcting other posters on issues like spelling and grammar. In my view, those are such silly reasons for trying to make any poster feel bad or "less than."

However, since we did go there this time, "cannery" was a spelling error, or a mistake in word choice. Either way, it was not a grammatical error.
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-04-09 12:46 AM
Response to Original message
6. Poor thing has to make do on $120,000 a year? The horror.
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emilyg Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-04-09 01:14 AM
Response to Reply #6
8. What I would give to have his "tiny" income.
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mbperrin Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-04-09 12:49 PM
Response to Reply #6
16. So what crime do I need to commit to get the $120k?
I feel like an idiot getting two college degrees and working 30 years to get $50k teaching. DOH!
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Downwinder Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-04-09 02:01 AM
Response to Original message
9. $10,000 per month would just cover house rental for the Gov. of Texas.
Not bad for public housing.
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-04-09 06:56 AM
Response to Original message
12. Golden parachutes, golden jail cells. What's the point of prisons, again?
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Trillo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-04-09 12:42 PM
Response to Original message
14. Time to get busy advocating for $10K/month Minimum Wage.
Thanks Pelosi for your one time increase in the minimum wage, it was nothing to sneeze at, a true help, but it's one that needs repeating each and every year.

We all need $10K per month "to live"! Clearly!
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fascisthunter Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-04-09 12:47 PM
Response to Original message
15. how speshul
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geckosfeet Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-05-09 01:36 PM
Response to Original message
17. WTF! He should be in the cell next to Bernie.
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