Share on Google Plus Share on Twitter Share on Facebook Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend 10 (10 Shares)  
Printer Friendly Page Save As Favorite View Favorites View Stats   5 comments

OpEdNews Op Eds

Madoff : the Story behind the Story

By (about the author)     Permalink       (Page 1 of 1 pages)
Related Topic(s): , Add Tags Add to My Group(s)

Interesting 2   Funny 1   Valuable 1  
View Ratings | Rate It

opednews.com Headlined to H3 3/19/09

Become a Fan
  (38 fans)

Whenever I hear the media and the government denouncing loudly in unison, I look for the possibility that the target is a scapegoat, and that the scandal goes deeper, touches better-established personalities.

This article by Wayne Madsen (scroll down to see it) offers a plausible hypothesis why Madoff's conviction is the end of the line, and prosecutors aren't lookig for co-conspirators.  According to Madsen, Madoff's investors were not so dumb, and what Madoff was really collecting money for was a vast floating casino project in Manhattan, with new transit lines thrown in for extra $$$.  The "Cornerstone Project" was to have absorbed Madoff's cash and rewarded him richly, before last September's crash put the project in jeopardy.

I won't try to summarize the intrigue that Madsen describes, aside from revealing the "cornerstone" of his charge: Judge Denny Chin, who has accepted Madoff's guilty plea and will be in charge of sentencing him, is a major investor in the Cornerstone project.

 

http://daily-inspiration.org

Josh Mitteldorf, an editor at OpEdNews, blogs on aging at http://JoshMitteldorf.ScienceBlog.com. Read how to stay young at http://AgingAdvice.org. Educated to be an astrophysicist, he has branched out from there to mathematical modeling in a (more...)
 

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon

Go To Commenting
The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Follow Me on Twitter

Contact Author Contact Editor View Authors' Articles
Related Topic(s): , Add Tags

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Cold Fusion: Tangible Hope in an Age of Despair

New Scientific Study: Smoking Gun Evidence of 9/11 Explosives in WTC Dust

PayPal cuts off Bradley Manning Legal Defense; Backs Off under Grass Roots Pressure

Chemical Traces of High Explosives in WTC Debris

Madoff : the Story behind the Story

Comments

The time limit for entering new comments on this article has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
5 people are discussing this page, with 5 comments
To view all comments:
Expand Comments
(Or you can set your preferences to show all comments, always)

to assist in understanding the bigger picture of t... by Stanimal on Friday, Mar 20, 2009 at 1:25:52 AM
Madoff will serve out his 150 years or a life sent... by Maxwell on Friday, Mar 20, 2009 at 7:40:37 AM
I confess to being underwhelmed by this report. Fi... by Deborah Emin on Friday, Mar 20, 2009 at 11:48:21 AM
For weeks since he was arrested, I have maintained... by pedro suijuris on Saturday, Mar 21, 2009 at 8:49:00 AM
... whenever there's money and scandal. Just m... by Mr M on Saturday, Mar 21, 2009 at 9:23:09 AM