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Bernie Madoff dominates the hot chocolate market in prison
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samsamsam Offline
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Post: #1
Bernie Madoff dominates the hot chocolate market in prison
I imagine wouldn't he think being a dick in prison would get his ass beat? I am all for capitalism but I think you are better off making friends in prison. This isn't The Shawshank Redemption when the main character uses his skills to gain favor and help his friends with his tax skills.

Quote:Bernie Madoff is still in business even though he is behind bars.

The convicted fraudster behind the biggest Ponzi scheme in US history hogged the market for hot chocolate in prison, according to a MarketWatch interview with Steve Fishman, a reporter who has had considerable contact with Madoff.

Madoff, 78, was sentenced in 2009 to 150 years in prison for an extensive scheme that involved doctoring his clients' account statements and returns. He is incarcerated in Butner, North Carolina.

In an interview, Fishman told MarketWatch's Ryan Vlastelica:

"Bernie really was a successful businessman with quite original insights into the market, and he's continued applying his business instincts in prison. At one point, he cornered the hot chocolate market. He bought up every package of Swiss Miss from the commissary and sold it for a profit in the prison yard. He monopolized hot chocolate! He made it so that if you wanted any, you had to go through Bernie."


Fishman is the host of a new Audible series called "Ponzi Supernova," which investigates Madoff's $65 billion fraud. It includes previously unpublished interviews with Madoff and law-enforcement agents who were involved in the case.

"I sort of rationalized that what I was doing was OK," Madoff told Eugene Soltes, a professor at Harvard Business School, in an audio interview provided to Business Insider in December.

"It wasn't going to hurt anybody," Madoff said. "It was a temporary thing, and because of the success I that I've had and the money I've made for people, I sort of felt that it would just sort of be a temporary situation and acceptable."

http://www.businessinsider.com/bernie-ma...ova-2017-1

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01-13-2017 07:04 PM
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Roosh Offline
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Post: #2
RE: Bernie Madoff dominates the hot chocolate market in prison
I thought this thread was going to be about his prison lovers.

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01-13-2017 07:10 PM
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John Michael Kane Offline
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Post: #3
RE: Bernie Madoff dominates the hot chocolate market in prison
Can't keep a hustler down? It is a shame that his obviously intelligent mind wasn't put to better use.

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01-13-2017 07:18 PM
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Going strong Offline
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Post: #4
RE: Bernie Madoff dominates the hot chocolate market in prison
A cunning little genius, this Madoff: looks like he anticipated the military rebellion that's underway in Ivory Coast, and which is very likely to send prices of cacao rocketing (again). Not a bad idea therefore to quickly buy and stock on chocolate...
01-13-2017 07:24 PM
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Brodiaga Offline
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Post: #5
RE: Bernie Madoff dominates the hot chocolate market in prison
delete
(This post was last modified: 01-13-2017 07:29 PM by Brodiaga.)
01-13-2017 07:26 PM
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Cattle Rustler Offline
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Post: #6
RE: Bernie Madoff dominates the hot chocolate market in prison
What an absolute ruthless madman, this is red pill beyond blood red. He turned from (((pussified rich prep))) to a hood trap nigga.

10/10 WA (would admire).

This nigga is slinging, making bread, stacking cash within' the walls. He became something from nothing. The government should use him as a SEC CI to make moolah for the people.

Also, I was wondering when samsamsam was going to start posting again.

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(This post was last modified: 01-13-2017 08:06 PM by Cattle Rustler.)
01-13-2017 08:03 PM
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polar Offline
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RE: Bernie Madoff dominates the hot chocolate market in prison
It's probably a luxury private club retirement home prison. The worst the other prisoners will do is take away his second serving of fillet mignon, or slice of cheesecake.

For what it's worth though, one of his two sons committed suicide, and the other died of cancer recently. That money didn't bring him happiness in the end.

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01-13-2017 08:44 PM
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spokepoker Offline
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Post: #8
RE: Bernie Madoff dominates the hot chocolate market in prison
He's in a low to mid security prison, I doubt he's going to get shanked.
Quote:In his letter to his daughter-in-law, Madoff said that he was being treated in prison like a "Mafia don".

"A stripper last night brought up "Rich Dad Poor Dad" when I mentioned, "Think and Grow Rich""
01-13-2017 08:56 PM
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Going strong Offline
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RE: Bernie Madoff dominates the hot chocolate market in prison
(01-13-2017 08:03 PM)Cattle Rustler Wrote:  Also, I was wondering when samsamsam was going to start posting again.

samsamsam obviously has just been released from jail, having shared his prison cell with Madoff, which explains his (sudden but low-key) re-appearance and vast knowledge of Bernie's secret cocoa deals...
(This post was last modified: 01-14-2017 12:22 PM by Going strong.)
01-14-2017 12:20 PM
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Irenicus Offline
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RE: Bernie Madoff dominates the hot chocolate market in prison
Quote:Also, I was wondering when samsamsam was going to start posting again.

Thanks to that asshole (Big Grin) I avoid M&M's. I am not joking - once he posted a fatso (I think it was Lindy) holding a huge bag of M&M's. Whenever I see M&M's, I see her taking the whole box and laughing like Hillary.


And no, I am not joking.


Oh, by the way, I avoid Oreos too, thanks to Trump.

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(This post was last modified: 01-14-2017 12:54 PM by Irenicus.)
01-14-2017 12:52 PM
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PapayaTapper Away
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Post: #11
RE: Bernie Madoff dominates the hot chocolate market in prison
I heard Madoff's first day in prison went down like this:

Stepping into his cell for the first time Bernie sees Bubba, a big honkin 6'6" , 340lb mountain of country brutha, laying on his cot.

Bernie: "Hi. I'm Bernie Madoff"

Bubba doesn't get up or even open his eyes but in deep bass voice :

Bubba: "So...you wants to be da husband o you wants to be da wife?"

Bernie: "I'm sorry...what?"

Bubba: *sighs* clearly having been down this road before he summons patience and enunciates each word slowly so he will be understood "So...does.. you ..wants.. to.. be.. da ..husband.. o ..does.. you.. wants.. to.. be.. da.. wife?"

Bernie: "Uh...errr...no thank you...neither"

Bubba finally stands up towering down looks at Bernie and again booms "So...you wants to be da husband o you wants to be da wife?!!!"

Bernie realizing a decision HAS to be made does a quick calculus in his head considering the technical and logistics of the deal to be struck and...

Bernie: "Uhhh...ok...I'd like to be the husband "

Bubba: Calming down as he undoes his pants "Aight den...get ova here and suck yo wife's dick"

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(This post was last modified: 01-14-2017 01:28 PM by PapayaTapper.)
01-14-2017 01:26 PM
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Cattle Rustler Offline
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Post: #12
RE: Bernie Madoff dominates the hot chocolate market in prison
Great story papaya trapper! Although something told me it might involve some dick sucking I was not expecting the wife to have a dick.

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01-14-2017 02:21 PM
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RE: Bernie Madoff dominates the hot chocolate market in prison
(01-14-2017 02:21 PM)Cattle Rustler Wrote:  Great story papaya trapper! Although something told me it might involve some dick sucking I was not expecting the wife to have a dick.

That's what this guy I know said after he married a Thai girl...


Anyway, this seems like an excellent coda to the discussion we had several months ago about the utility of a high IQ in one's everyday life. There's only one way this story ends: with Bubba (IQ 75) stomping away with arms full of hot chocolate, while Madoff (IQ 155) picks his bloody teeth off of the snowy ground in the prison courtyard, mumbling as the blood pours through his lips, "He can't punch me! That isn't maximally rational!"
01-14-2017 03:23 PM
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RE: Bernie Madoff dominates the hot chocolate market in prison
Financial game recognized

It does make me wonder how many other such financial criminals run such rackets in the prison

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01-14-2017 09:47 PM
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Quintus Curtius Offline
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RE: Bernie Madoff dominates the hot chocolate market in prison
Yeah, well...at the end of the day, he and all the other inmates are in the same exact place.

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01-14-2017 09:53 PM
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Post: #16
RE: Bernie Madoff dominates the hot chocolate market in prison
Yeah, but he has the most hot chocolate, so he is King Rat.

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01-14-2017 09:56 PM
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Teutatis Offline
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RE: Bernie Madoff dominates the hot chocolate market in prison
(01-13-2017 08:44 PM)polar Wrote:  It's probably a luxury private club retirement home prison. The worst the other prisoners will do is take away his second serving of fillet mignon, or slice of cheesecake.

He's in a medium security prison, I doubt he has any fillet mignon or cheesecake and if you think there is no violence happening in a medium security prisons you would be wrong. You make it sound like it's some sort of vacation resort, I don't think anyone here would want to spend ten minutes there.

(01-14-2017 03:23 PM)SamuelBRoberts Wrote:  Anyway, this seems like an excellent coda to the discussion we had several months ago about the utility of a high IQ in one's everyday life. There's only one way this story ends: with Bubba (IQ 75) stomping away with arms full of hot chocolate, while Madoff (IQ 155) picks his bloody teeth off of the snowy ground in the prison courtyard, mumbling as the blood pours through his lips, "He can't punch me! That isn't maximally rational!"

He's been in jail for the past 7 or 8 years and Bubba hasn't done that yet, so Madoff must be doing something right.
01-14-2017 10:14 PM
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Kissinger2014 Offline
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RE: Bernie Madoff dominates the hot chocolate market in prison
I actually read somewhere that he is a minor celebrity among the other prisoners, esp. the other thieves. To steal so much and for so long is considered noteworthy among them.
01-15-2017 02:28 AM
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Leonard D Neubache Offline
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RE: Bernie Madoff dominates the hot chocolate market in prison
(01-14-2017 03:23 PM)SamuelBRoberts Wrote:  ...
Anyway, this seems like an excellent coda to the discussion we had several months ago about the utility of a high IQ in one's everyday life. There's only one way this story ends: with Bubba (IQ 75) stomping away with arms full of hot chocolate, while Madoff (IQ 155) picks his bloody teeth off of the snowy ground in the prison courtyard, mumbling as the blood pours through his lips, "He can't punch me! That isn't maximally rational!"

Laugh4

Business expenses listed in order:

$60.00 Cocoa packets
$20.00 Cigarettes for currency purposes
$80.00 Fee for Brotherhood debt collection from Bubba in showers.
$20.00 Optional bonus for return of delinquent payments/repossession of cocoa packets.
01-15-2017 02:52 AM
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RE: Bernie Madoff dominates the hot chocolate market in prison
(01-15-2017 02:28 AM)Kissinger2014 Wrote:  I actually read somewhere that he is a minor celebrity among the other prisoners, esp. the other thieves. To steal so much and for so long is considered noteworthy among them.

Cant keep an Alpha down Wink

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01-15-2017 02:53 AM
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Laurifer Offline
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RE: Bernie Madoff dominates the hot chocolate market in prison
Anyone else been listening to the audible series about Madoff? It includes phone interviews with him in prison. In 2008 apparently they were still using a computer from the early 80s because Madoff was afraid of bringing in new tech and having it complicate his scheme.

Also all the stories about him getting fucked up in prison are purported to be bullshit.
01-15-2017 01:30 PM
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RE: Bernie Madoff dominates the hot chocolate market in prison
(01-14-2017 10:14 PM)Teutatis Wrote:  He's been in jail for the past 7 or 8 years and Bubba hasn't done that yet, so Madoff must be doing something right.

He was at Butner Federal Medical Center for awhile, probably surrounded by guys with Down's syndrome; geriatric patients at death's door; scrawny, diminuitive, boyish-looking child pornography offenders taking part in sex offender evaluation and treatment; and wheelchair-bound former drug dealers who either became paraplegics from losing a gunfight with the feds, or got too fat on prison food and had to have lower limb amputations because of type II diabetes. Not the most intimidating crowd of thugs.

Hot chocolate is an important commodity in prison, because it's a key ingredient in mocha frappucinos and similar drinks.
(This post was last modified: 01-15-2017 01:49 PM by Jean Valjean.)
01-15-2017 01:45 PM
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Post: #23
RE: Bernie Madoff dominates the hot chocolate market in prison
I thought hot chocolate was some sort of euphemism for black men's semen... Laugh Laugh Laugh

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01-15-2017 01:53 PM
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Going strong Offline
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RE: Bernie Madoff dominates the hot chocolate market in prison
(01-15-2017 01:45 PM)Jean Valjean Wrote:  Hot chocolate is an important commodity in prison, because it's a key ingredient in mocha frappucinos and similar drinks.

So chocolate-king Madoff's cellmate-cum-wife Bubba, is a barrista? Gone are the days of Alcatraz and Cool-Hand Luke, jail has become Alice in Wonderland!

[Image: cool-hand-luke.jpg]
(This post was last modified: 01-15-2017 04:34 PM by Going strong.)
01-15-2017 04:33 PM
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RE: Bernie Madoff dominates the hot chocolate market in prison
(01-14-2017 10:14 PM)Teutatis Wrote:  
(01-13-2017 08:44 PM)polar Wrote:  It's probably a luxury private club retirement home prison. The worst the other prisoners will do is take away his second serving of fillet mignon, or slice of cheesecake.

He's in a medium security prison, I doubt he has any fillet mignon or cheesecake and if you think there is no violence happening in a medium security prisons you would be wrong. You make it sound like it's some sort of vacation resort, I don't think anyone here would want to spend ten minutes there.


Haven't bothered to do my research Banana

He's behind bars where he belongs. As far as I'm concerned, having his family name vilified and both sons dead of stress is far worse than battery by Bubba.

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01-17-2017 04:07 PM
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