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Law Humor
: Bernard MadoffMorning Memo..From Mark

Hi everyone.
I am seizing this moment , as the oldest son, and the one LEAST involved in whatever it was Dad was doing, to say we MUST get together: JUST US - no lawyers, no outsiders, no dates ( Andrew - you're coming stag to this meeting!).
OK, without him, we all feel lost.
But we must carry on, and we must do it with the appearance of a united front - unless they offer me or Andy a deal. Then, needless to say, all bets are off.
But since Litt used to work for Marty Flumbenbaum, I'm thinking that Litt is going to know where his bread is going to be buttered if he wants to go back to the private sector.
And Andy-that crap about the loans that Mom gave us; they can't enforce anything- the loans were non-recourse and weren't collateralized by the houses. They're just fishing, and like you said, if they want to fish, we can send them what we caught on the trip to Antigua. I've still got a freezer full. It'll go nice with their wanting to have things frozen.
And Mom-let them have the shares in LaBrea, its worth crumbs at this point. And if they want to own a piece of Viager so be it. See how everyone reacts when the media finds out the bankruptcy trust is going to be owning a business like that! We''ll have Fred buy it when the trust auctions off those things, and he can stick it into one of the real estate partnerships.
Andrew - God.. don't even react to stuff about your bed-wetting. I'm sure you're mortified. But remember, as a MADOFF, you have a responsibility to keep quiet and be discreet. That's always been our calling card.
So, either we all shlep out to Montauk during the week.. and it is a shlep considering that they have taken all the good cars, or we think of a place here in town where there are private rooms and several entrances, and a place where nobody would imagine we would go.
The Harvard Club!! I'll ask Jeff Wilpon to make the reservation under his name.
I'll twitter you guys with the time, but the place is at 27 West 44th Street. Use the hotel and the side entrance.. go to the second floor..They'll serve drinks, sandwiches and those popovers - the hell with the diets..
Fondly, with conditions,
P.S. Peter- Dad told everyone on the blog last week that he went long, and the market's since rallied about 5%, so please remember to put in the stop orders. For your sake, not mine. What? You think because Andy was "head of prop trading" that he could really make decisions like this?
Full post as published by Bernard Madoff on March 18, 2009 (boomark / email).
Mark Eagleson
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