Thursday, December 18, 2008

Tips on how not to lose 50 billion bucks

Like everyone else in the world I've been reading all about the Madoff scandal - in fact, why is it a scandal? It's a crime I guess - the "Madoff crime": the theft of billions and billions of dollars. But looking for laughs wherever you can in an otherwise ever more grim global financial outlook, I'd like to point to this chap's name. Until today, I had only read about the crime, so I presumed that his name would be pronounced like "mad" - as in crazy - so said something like 'mad-ov'. But I'm just listening to the Dianne Rehm show on the issue from NPR - and her guests, including a couple of people who have worked with the guy, very clearly pronounce his name "made-off".

In retrospect this could be seen as something of a give away - as in he made off with about 50 billion of rich people's money and the SEC leadership was too damn stupid AGAIN to see it. So folks, if someone is trying to sell you a burglar alarm and is called "Mr. Picklock", take it as a sign and say no thanks.

No comments:

There was an error in this gadget