Home -> Law Blog Directory -> Law Humor Blogs -> Bernard Madoff

Law Humor

: Bernard Madoff

Madoff Mania on Hump Day: Less Equity is Better Than No Equity

From: Irving Picard, Esq. TO:

Re: Your Claim Status

I'm aware of your frustration over not having received any payment with regard to the claim you submitted last January, and that you are troubled by the claim processing process. But, in the words of Alan Greenspan:

" I know you think you understand what you thought I said but I'm not sure you realize that what you heard is not what I meant."

The fact of the matter is that for years, you believed what Bernie Madoff told you, so I can only ask that you show us the same courtesy.

When we spoke last October, I did not say that your claim would be paid before the second of November. What I said was, "Your claim will be paid before the second of Never."

Next; I will be taking a much-needed holiday for the next several weeks, so if you really need to contact me again, you should wait until March. Its not as if you haven't gotten used to waiting, so another few weeks until we communicate again shouldn't be a hardship. If you can't wait, try calling Steve Harbeck's office. He's on vacation too, but I'm sure that his secretary will be happy to take a message.

Next: Despite the rumor going around that someone in my office purportedly said that "the people over at SEC are big pussies", that too was taken out of context. Without admitting that we might have had inside information before the following news story was published yesterday, what the person obviously meant was "the people over at SEC like big pussies."

Next: Per the clip below, you will no doubt appreciate why I'm a big fan of Alan Greenspan's masterful use of the English language.

Full post as published by Bernard Madoff on February 03, 2010 (boomark / email).