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Friday, January 23, 2009

Heartbreak: Former Con-man Larry King Ripped Off By Madoff

I guess when you have a history of ripping people off, you manage to dummy up when it comes to getting swindled yourself.
ADD Larry King to the ever-lengthening list of people who lost money with Ponz scum Bernie Madoff.

A perfectly placed source said the host of CNN's "Larry King Live" lost "over $1 million with Madoff. It was a lot of money." King's spokesman, Howard Rubenstein, declined to comment.

The personal loss would explain why the usually garrulous King, 75, has been so quiet about the Madoff scandal - even when it was announced that celebrities like Kevin Bacon and Kyra Sedgwick were among those who lost their life savings with the Ponzi-scheme mastermind.

It wouldn't be the first time King has faced financial fallout. In 1978, he declared bankruptcy. Page Six reported two years ago that King owed money to creditors in Miami Beach. Joann Biondi, author of "Miami Beach Memories," said, "Some locals snarl at just the mention of his name."
Very few Democrats and their media suck-ups want to mention Madoff, especially since he helped fill their coffers with his stolen money for so many years. At least one of the upsides to the biggest swindle in American history is we've seen much less Chuckie Schumer, one of his primary recipients, and for that we should be thankful.

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