Looks like Democrat sugar daddy and notorious swindler Bernie Madoff isn't the only one in his family with a giant set of onions. Seems like his wife has no shortage of gall, either.His victims are facing bankruptcy and homelessness, but Bernie Madoff wants to keep $69 million worth of assets - including the $7 million penthouse where he's living in luxury under house arrest.If you ask me, every nickel the two of them have should be frozen and eventually used to remunerate their victims.
Court papers yesterday revealed that the confessed Ponzi schemer's wife, Ruth, has $17 million in cash sitting in Wachovia Bank.
The kosher-cookbook author also has another $45 million in municipal bonds on deposit at COHMAD Securities Corp., which is co-owned by her husband.
Last month, Massachusetts regulators revealed that Ruth Madoff withdrew $15.5 million from her COHMAD account in the weeks before her husband's arrest, including $10 million the day before the FBI showed up at their door.
Those withdrawals prompted new suspicions she was in on his admitted $50 billion Ponzi scheme, but Madoff and his lawyer countered that claim in court papers.
According to yesterday's order from Manhattan federal Judge Louis Stanton, the defense maintains that Ruth Madoff's holdings "are unrelated to the alleged Madoff fraud and only Ruth Madoff has a beneficial ownership in those assets."
Burned investor Hilda Hausner, 91, scoffed at the assertion.
"I'm angry, outraged. Really, I mean it gets more ludicrous every minute," said Hausner, who lost $800,000 that she and her 95-year-old husband, Harvey, invested with Madoff.
If they need a couple of sheckels to scrape by, how about we start here and ask all those politicians who received money from Ruth Madoff to return her donations? Let's see if we notice a recurring theme here judging by these names: Joseph Biden, Edward Markey, Al Gore, Geraldine Ferraro, George Mitchell, Ron Wyden, Mark Green, Charles Schumer, Frank Lautenberg, Jon Corzine, Bill Bradley, Hillary Clinton, Ed Towns, Richard Gephardt, Martin Frost, Charles Stenholm.
Oh yes, they're all Democrats. Sure, like her husband, she sprinkled in a couple of small donations to Republicans, but the overwhelming amount went to Democrats.
No wonder the media doesn't want to mention any of this.
I recall several months ago Charles Schumer claimed he and his Democrat Senatorial Campaign Committee were going to return Madoff's stolen money. Doesn't seem like that's happened yet as all of the donations to Schumer are still listed in the plus column except for one small donation over 10 years ago.
Maybe some intrepid reporter could ask Mr. Press Conference about that. Although, perhaps not coincidentally, the frequency of Schumer's press conferences have dwindled remarkably ever since Madoff made news.
Funny how that is. The guy would show up for a can opening to get his mug on camera, and now he's virtually invisible.
What is he hiding?
What say you, Chuckie?
