Thursday, February 12, 2009

Stunner: Madoff's Wife Withdrew $10 Million The Day Before He Was Busted, Also Generously Contributed to Chuckie Schumer

You suppose she was in on Bernie's scam? I think so.
Bernard Madoff's wife withdrew $10 million from a feeder fund to his securities firm the day before he was busted by the feds, prompting new suspicions she may have been in on his $50 billion scam.

Ruth Madoff also took $5.5 million out of her account at Cohmad Securities Corp. on Nov. 25, about two weeks before her husband's Dec. 11 confession that his business was "basically, a giant Ponzi scheme."

The well-timed withdrawals came to light yesterday in a court filing by Massachusetts regulators seeking to revoke Cohmad's license to operate in the Bay State.

Commonwealth Secretary William Galvin alleged that Cohmad - a Madoff-owned brokerage named after him and co-founder Maurice "Sonny" Cohn - had refused to cooperate in a probe of its role in Madoff's admitted swindle.

Ruth Madoff's withdrawals were cited as proof of "Cohmad's knowledge about flows of funds to and from the Madoff-related accounts," with Galvin alleging that the two firms are "so intertwined that they could be viewed as a common enterprise."
We hate to beat a dead horse, but we'll continue to do so until the media reports the fact that the Madoffs were major contributors to the Democrats, and in particular to the loathsome Charles Schumer.

In fact, having chronicled the massive amounts Bernie Madoff gave to Schumer, it's worth noting Ruth Madoff was also very generous with her contributions to New York's unctuous senator. You think if the Madoffs were funneling thousands to Republicans it would be newsworthy? I think so.

Theres still no indication that Schumer and his Democrat pals have reimbursed any of the money Bernie Madoff gave to them in the past several years.
MADOFF, BERNARD L
NEW YORK, NY 10022
BERNARD L. MADOFF INVEST.-SEC./CHAI
DEMOCRATIC SENATORIAL CAMPAIGN COMMITTEE (D) $25,000
primary 09/12/08

MADOFF, BERNARD L
NEW YORK, NY 10022
BERNARD L. MADOFF INVEST.-SEC./CHAI
DEMOCRATIC SENATORIAL CAMPAIGN COMMITTEE (D) $25,000
primary 05/04/07

MADOFF, BERNARD L
NEW YORK, NY 10022
BERNARD L. MADOFF INVEST. SEC./CHAI
DEMOCRATIC SENATORIAL CAMPAIGN COMMITTEE (D) $25,000
primary 09/30/06

MADOFF, BERNARD L
NEW YORK, NY 10021
BERNARD L MADOFF INVEST SEC
DEMOCRATIC SENATORIAL CAMPAIGN COMMITTEE (D) $25,000
primary 05/09/05

MADOFF, BERNARD L
NEW YORK, NY 10021
BERNARD L MADOFF INVESTMENTS SCHUMER, CHARLES E (D)
Senate - NY
FRIENDS OF SCHUMER $1,000
general 08/18/04

MADOFF, BERNARD L
NEW YORK, NY 10021
BERNARD L MADOFF INVESTMENTS SCHUMER, CHARLES E (D)
Senate - NY
FRIENDS OF SCHUMER $1,000
primary 08/18/04

MADOFF, BERNARD L
NEW YORK, NY 10021
BERNARD L MADOFF INVESTMENTS SCHUMER, CHARLES E (D)
Senate - NY
FRIENDS OF SCHUMER $1,000
general 04/08/02

MADOFF, BERNARD L
NEW YORK, NY 10021
BERNARD L MADOFF INVESTMENTS SCHUMER, CHARLES E (D)
Senate - NY
FRIENDS OF SCHUMER $1,000
primary 04/08/02

MADOFF, BERNARD L
NEW YORK, NY 10021
BERNARD L MADOFF INVESTMENT SECURIT SCHUMER, CHARLES E (D)
Senate - NY
VICTORY IN NEW YORK $1,000
primary 10/30/98

MADOFF, BERNARD L
NEW YORK, NY 10022
BERNARD L MADOFF INVESTMENT SECURIT SCHUMER, CHARLES E (D)
Senate - NY
SCHUMER '98 $1,000
primary 05/22/98

MADOFF, BERNARD L
NEW YORK, NY 10022
BERNARD L MADOFF INVESTMENT SECURIT SCHUMER, CHARLES E (D)
Senate - NY
SCHUMER '98 $1,000
general 05/22/98

MADOFF, BERNARD
NEW YORK, NY 10022
BERNARD L MADOFF INVESTMENT SECURIT SCHUMER, CHARLES E (D)
Senate - NY
SCHUMER '98 $300
primary 03/31/98
Oh, and who ran the DEMOCRATIC SENATORIAL CAMPAIGN COMMITTEE? Why, Chuckie Schumer did.

At what point will someone in the media ask our friend Chuckie about this?

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