Banner Image
Get Adobe Flash Player to see this content.

150 Years for Bernie
Title:

150 Years for Bernie

Published:Mon, 29 Jun 2009
Description:Bernie Madoff was sentenced today to 150 years in prison for his $65 billion Ponzi scheme that wiped out the savings of thousands of investors.Cheers and applause broke out in the courtroom after the judge read the sentence. Do you think Bernie Madoff's 150 year sentence was just?
+Automatically Generated Transcript  (may not be 100% accurate)

" Roscoe drink from the new balanced world headquarters building. --"

" First steps we're taking six new efficiency standards on fluorescent and incandescent -- I'm no light bulbs may not seem -- 7% of all the energy consumed in America. She's used to light our homes and our businesses were gonna start here the White House secretary Jews are you started take a look at our light -- and see what we need to. Replace them with the energy efficient lightbulbs."

" all you're all locked up well little cleaner and everybody here."

" OK -- that came black -- and I don't know I could look up and now I always look better. -- it was so horrible and I highly recommend -- home from manpower that they. Maybe I'll play and locating any -- no -- cold. Can't wait until have a love hate it that we can actually -- liking him on the phone call fire. How come. You don't -- crazy -- he can't let it has you know who usually -- the -- dead."

" Now how the Lawrence. I think we're party at sinners. I'm not powered card W arterial radio network. No no one had Billy Mays in the death --"

" Billy Mays is one of those guys. I never heard of him and delayed. Found out he wasn't coming down for breakfast."

" But then my wife -- never heard of Billy Mays."

" No never shot oxy clean infomercials mode he's he's like Ron low -- she quit I thought it was sold toxic on -- No. -- DV bigger jackass I mean instead."

" Are you CNB I'm not into you know -- re decorating my house or anything like tabloid hello what I am respond -- peel is of course I know models -- Pope PL. But Ron -- appeal was on stations before the the advent of the the 200 or 300. You -- channel universe. That by the way The Wall Street Journal -- a story on Saturday saying -- may -- it's time to like cut back on the number of TV stations that. You know they just seem to be too many government maybe that's the reason why the price of cable and and satellite services so high is because they're paying almost up. Police fees. Anyway. First of all I have to ask everybody have you had enough of Michael Jackson yet. Have you had have you. Learn more about the guy than you ever wanted to learn have you heard more tributes to our guys than you ever want to be here again this is them this is the modern not the modern media age you know 24 sevenths. So want to worry whenever there's the a brief lull in the action whenever they wrap up a car chase like the one they got -- in Dallas right now they can always fallback and interview. Yes the Reverend Al Sharpton is there today he's. He's providing."

" Spiritual. And guidance and comfort for the Jackson -- who. A -- trying to pass that kind of chase I usually CNN Dallas here's it is follow well it looks like they've really had does seem I I thought the usual. Procedure was to follow. But they they've they've they've cut this guy who loose they've cut this one -- loose and that they did have three cost three cars going after him now is just one. And it's it's going and going mid to get everything you did happen. Yeah with a throwing down the it's it's tough to be throwing down those it both those tire flattened their devices like for your what your column. When when you're on an interstate highway which this obviously is in balance. All right but anyway we will not be talking about Michael Jackson that is my promise to you. The listener today. Enough enough already even though we did the remote is interesting that the only way twelve 112 pounds. And even the former Lisa Marie Presley says that he this is recent it is as long as those fifteen years who was talking about. Dying like your father. Guess I was I guess that was on his mind clocked. Not much compared I'm not saying that Michael Jackson reached the heights. Elvis -- He probably did you weren't -- he didn't know just standing Ed and music going to and it Elvis no Elvis Presley was the king. This guy was the king of pop there's a -- the king is the king is the king I got you dynasty and titles aside I think Michael Jackson's right up their endowments now. Now he's -- he's on the next level down from Elvis. There's Elvis The Beatles. It's clearly a freaky that -- by knowing Allison Hinckley Sinatra the three of those people and you being a -- is just kind of freaking me out with Bing Crosby. Those I wouldn't put Hank Williams up there with I mean hey Williams in terms of country music certainly I mean he belongs there with -- Elvis bumbling about in terms of general pop music but -- Among going to inflict this upon everyone who's just been trying to escape it. All weekend long like -- same people. It's too it's pitch too much -- way way too much. All right. 1877469432218774694322. That is the toll free. Number of the Howie -- show if you would like to join us here this afternoon and every weekday afternoon if you'd like to listen the show on the Internet you can always do so go to our web. Site which is how we card dot com how we cart dot com and click on the life. Audio. Streaming also what Howie -- about com you can take part in our daily Internet poll question. But how we poll is brought to you by Jeff Carmona insurance contact the commissioner Jeff Carmona insurance dot com to save money on your auto and home insurance. Jeff Carbone insurance dot com to save money on your auto and home. Insurance Cindy what is today's poll question what are the results thus far was Bernie Madoff it's 115 year sentence just yes it wants us. 88%. Say yes. -- The right decision I never thought it was going to get twelve years but -- that's -- if you read his attorney's memo before the end sentencing by the way on why -- initially get thirteen year because of the mob the mob style vengeance. Yeah I -- I'm surprised a lawyer hasn't been beaten up on my back from the Clark."

" Well what tomorrow. With this is this is Leo well manicured mob is somebody once -- I you know these these that these people didn't didn't attack him in the the in the street when he was he would he was still out for a good -- good amount of time he was arrested in December and I don't think he got. I don't think she was picked up until March she spent three he basically was in the apartment grant that but. You know the civilian Obama but the only quote on quote violence that he suffered was when the the again a well manicured mob in Palm Beach is stole a statue out of the yard and then they return -- a couple of days later. There's no can -- is ridiculous you know where he's going to end up to. He ate each judge Denny Chin because it is recommended that he be kept here in the northeast United States and is barrel predicted this morning. You know furor us -- you claim to be second year in the northeast there's only there's only one place. That would be the evidence he's going to end up in DeVon she's gonna make my prediction then I could be roommates but you know within not too long and amount of time. That she is man Carmen the Nuncio. The alleged mafia boss of Boston and Bernie Madoff. A real big money guys will be in the same joint which is deficits. Federal medical center DeVon FM's say an air. So that's that's where it's an invasion but it's a you know again they I think he got again. This guy is so bad I mean it's just it's worth talking about this -- one more time just because this is so amazing what he did you I think. I think all of a Ponzi people over the over the century or so since the name was a point Ponzi by a guy. A guy from Boston. They they have usually been people who started out legit or thinking they were legit -- Deluding themselves that they were legit and that they were it that they weren't. Somehow going to deliver -- honest and -- returns this guy Bernie Madoff mean he was cricket is apparently he was -- from they want. And he's huge and I know you know I've heard people say want to lot of sympathy for these people Leo they won't they won't rich Indian a lot of got a lot among a lot of their money back. And it you know. It doesn't matter it if you gave him a million dollars. Saved I don't know ten or fifteen years or or you gave him two million dollars ten or fifteen years ago -- guess that was the threshold. -- I think two million was threshold although sometimes they bundle the money. It and you got -- good you -- in two million and over the course of the last fifteen years you've gotten three million back then okay so. Theoretically I suppose you'd make an argument you got your money back. But as of December 11. You don't have to well you always count on that two million bucks being there bad that you would invested that money so all of a sudden you're out the money. Here you're busted you're you're done for it doesn't matter how much money you had. -- it's over for you know. Then men you know nothing as he. He got up there and he apologized. To the victims of many turned around and and they weren't extremely. Well spoken -- group of our victims that that they picked out to make the witness impact statement. Anthony you're running you're wondering why MI not playing any of the any of the sound cuts because it was in federal court. And this is yet another reason. Why we certainly need cameras in federal courts for her for days like this because it's you know it's there's only so far you can get with -- artist's rendering. And then now reading the transcript are having a printed on the Internet somewhere. It's say it's the it would be nice to have some of that some of the sound but we don't have any. But anyway he turns around and he apologizes to all of his victims and he says you know I'm sorry. I apologize to my victims I'm sorry I know that doesn't help you. After you -- it doesn't help it doesn't help a bit but then -- then he says you know I lived the life. Of a lie. For all these years I I didn't tell my two sons what was going on. I didn't tell my brother what was going on I didn't tell my wife what was going on. Everybody raise -- he ends soon who believes that he didn't tell his sons or his brother or his wife what was going on -- but he said that it is it is statement just it just to make sure that the you know he was going to. Cover them he hasn't helped me in the least. Any any any way he and that's the best thing you know there -- people on a CNBC after the sentencing and they were saying well maybe the judge should have given them a you know why thirty years per -- 25 years and that. Then said if you cooperating getting some of the money back we who are you can come back to my court. Foray. The for some kind of adjustment in your sentence. But I don't think he was going to do that he's see he's just decided that he's talking to tell anybody anything in there is and then. These these people are out back out everything -- say it's it really is horrible thing 18774694322. There's a guy named amber scene or retired prison officer. The fall out of having your entire life savings robbed right out from under your nose is truly not like anything you could describe. The most devastating to us is we lost our freedom we lost a time to hold hands as we walk as they say in the commercial this is priceless. Let's see here. Mark marine evil. It pains me so much to remember my husband a doctor giving up in the middle of the night year after year and all kinds of weather to get up and save someone's life. So that Bernie Madoff could buy his wife another Cartier watch. Three years and I'm Tom Fitzmorris. We worked long and hard our whole -- to provide for our family and retire one day we -- 63 years old there will be no retirement for us."

" This is -- her short on December 8 our world crumbled beneath us life has been a living hell it feels like a nightmare we cannot. Wake up from. Please your -- do not fail us this is not a man who deserves a federal country club."

" Sorry -- It's maybe not the best country club in the world but. It sure as hell beats the super max -- Evans. Bart Ross the former mayor of Fort Lee New Jersey I lost five million dollars because of the crimes of mister Madoff he cried several times during his statements. Yeah this is Miriam Seidman I heard she was on CNBC she was very good. It afterwards he discarded me like road kill six months have passed I managed on food stamps at the end of the month but sometimes you have agent downstairs. They can't afford new glasses sometimes my heart beats erratically. When I cannot afford medication -- collect empty cans and dragged them to redemption charge. My god she's living like me. I know I know I don't have to do Cheryl Weinstein a CPA this past Thursday my husband and I sold our house of twenty years. So -- 1877469432218774694322. Women talk about this -- He you know we also wrecked chair at least that's the other thing the guy did he he he don't and I know I know some of whom were left wing charities. But you know some of whom words some of more colleges like the guy Biggio got ripped off. Michelle school got ripped off there was ninety million bucks. -- that they don't have and her school bus and headed they don't have Harvard tight money I mean they just it's just that it's it's a huge blow. Head and and for one act for them you know again for what to what they what the hell was he think about the guy had a great reputation. We set out on this on this man scheme. To what attitude to -- to run a Ponzi scheme and it. I can't figure out is how via. How do you start out on something like this no one that but the best that can happen to you wish you'd die. Before. Your discovered in vineyard and your name. Is whereby a -- through the ages after your -- that's the best thing that can happen the worst thing that can happen is. You're noted when you're still alive and you have to go to prison for the rest your wife which is what's happened dorm now. 18774694322. Let's take some calls on this we'll get to the New Haven not Supreme Court decision a little bit later but I want to take some calls on Monday us. And -- if you're good and if you're good there won't be -- Michael Jackson just kidding does not going to be any Michael Jackson and Jim -- next with Howie -- go ahead --"

" Quote captain. Jim from main person -- yeah. How I gotta say first though how are you don't know what spike strips are called these extremists who was. And you don't want to talk about Michael today you're starting off pretty shaky -- I don't know."

" I forgot what a spike strip as I apologize for that I don't watch the I don't watch the infomercial channels later I don't apologize for that."

" and the Michael Jackson saying how he's going to have to get -- like he -- all the rest of us. -- mother -- the living dead."

" Yeah you know what Jim might might be. Referendum might call me on Friday night and he should. At least you gave cap and trade one segment on your show -- one segment and I and I felt bad about it. And you know it takes a lot to make me feel like I'm shirking my journalistic responsibility should you knowledge how many seconds Brian Williams gave cap and trade on the nightly news. If you've got to jump -- zip ball not 12."

" Bernie in the eighteenth minute sound like one of those goods everything that comes your kids or something like that I love that."

" It does it does sound like any other seventy's sitcom. Birdie in the cheese man. Thanks we're college number 18774694322. The cheese man is up pleading out on on Wednesday enough federal court and managed plead not sometime next week can make its July -- On the end state court. Belichick but the cheese man it's it's just. It's so minor compared to I mean in terms of money you mean the cheese man was paying off some sad. Q what. How bad is when morpheus pain in office. -- supposed to be shaken people down you're supposed to be delivered money to them. That's what it's come down to but it nobody's going to the going to be end up in the same place me who's the bigger criminal the cheese manner Bernie Madoff I mean there's no quite there -- mean. There is no question whatsoever. Crash your next without white cargo way --"

" Good afternoon hours. If you were just talking with target target earlier about why -- about Bernie wouldn't let anybody out right there just may be he's there was some illegal mafia type business -- that go."

" Well while I know what I out robot he is here in the US but in. It in Europe he was getting money for at least some money from what they call or -- in Russia which is. It's another way of saying gang Starr thank or released racketeer. It and I want his one I want his people it was getting their money in Vienna. As soon as as as soon as he went down. This it was a woman she disappeared because apparently she was -- frightened for a life she was afraid these Russians we're gonna come looking for with guns."

" But I did union and he also made a good point I've often thought about it that you know they don't allow. TV cameras sort microphones into pedal. Courtroom -- I think that's. I mean you'll why don't they allow that and -- it would be a good thing. That the that the tape that because you know it could be showing it you know for the next 3040 years go on any kind summed up from a spectrum for."

" He's in custody today Chris say they don't even they didn't even have club footage should new footage of him doing the perp walk. Because I assumed that the you know some Bureau of Prisons -- brought him brought him down into the basement of the courthouse and brought about the only the only video they've got of him his file footage from mom march. It's it's just it's tough to what I mean that the people came out and talk to the press and there was and they they were all very articulate very the victims but it -- been a lot better you're right I would have been better TV and they want to reach more people."

" And then not only that but it it would be educational as it develops and and I I wish somebody would it make legislation to allow by cameras and microphones and the -- federal court because. You just articulated something that's always been in my mind that you know why don't they allow it."

" Yeah no I think they should I I wouldn't I about love to see it. It may -- if they had that court cameras in the federal courtrooms court TV when the gone out of business or into Barack do you do you know while. Morphed into whatever it did became my forget what it became thanks for the call press -- Elijah 18774694322. Joe all your next with Howie Carr go ahead Joe."

" They our right go. Hey I know it's just who want a lot and it's made it it'll look big guys sleaze bag no doubt you know no doubt they would be but hey you know -- The government gonna say bank to a lot more people both -- mama Curious George you know read this -- that Nevada. Doing the same thing all of our. They're not gonna get enough -- stuff that."

" I know but you know work the what he said I think what he's saying is that Social Security is the biggest Ponzi scheme go armor -- would you when he was arrested last no. December right I made the point a lot of people made the point. This isn't the biggest Ponzi scheme of all time Social Security is the biggest Ponzi scheme of all time. 1877469432. To the thing is we're we are all. For Warren and forewarned his forearm right. And we know that it's gonna collapse or we certainly should know there's going to collapse at some point. So you can't you can't rely on and I mean these people these people thought they. We're dealing with a guy who was on the level 18774694322. Susie you're next with how we cargo ahead Susie."

" I tell you. I -- couple times got it and Som I have a question you mentioned the prison that the cheese man then I got a couple."

" Oh yeah he's -- yeah I think where he's gonna go he's not there now he's right now he's under house arrest these Boston -- think he's. I think he's probably gonna end up in DeVon it's."

" What I know about prison is that I mean what they do to them that they. -- felt very they have apartment."

" No ha ha. I I think there was I'll get the story from The Herald this morning there were describing it in terms of a Madoff but I think it it depends you know you can be and they. These these FMC's federal medical centers. They they can be -- Hi. A lot of through the years a lot of all organized crime -- figures have been in these have been in -- DeVon it's."

" The other question is do you think hit -- set of standards for the ones that are you know their trials -- of course. Com or do you think you're just gonna use him like him a scapegoat."

" All I think I think this guy is a it is is a real well exception I mean this is that this is sort of on maj terribly big isn't -- I mean this is. This is just the image just a flat out scheme to I mean I know Bernie Ebbers you could say that you don't he was -- gauged in securities fraud and all that sort of thing. But -- if it wasn't I I don't think give relief Bernie Ebbers or her or Ken lay or any of these people actually reached a level that this guy dead."

" Yeah I didn't seem like he had in -- hitters are. Remorse fell on his body."

" doesn't. Matter he doesn't yet you know quite well let's see I -- listen to this -- how believable is this Susie. Here's a quote from I live in -- tormented state now. I don't think you're tormented by the fact pitcher in prison knowing all the pain and suffering that's created that's -- that's what he's concede he's concerned about his own payments for you doesn't -- anybody."

" At any remorse he did his family and what have. -- the running with the jewels in the money they would have done some tendons in reverse for about."

" Right now and it's funny how we didn't tell us us sons that that I they didn't think was going on. Until right and until the Europeans were basically make him margin calls on America the whole thing was -- cloud could going to collapse total are about to ask."

" And they go after the whole family."

" Well I mean these guys in V you know. I think everybody would like them too when there are certainly you know dropping hence. On CNBC but I I don't know if they have the neat thing if he if he doesn't cost about the only one they've gotten so far is that guy in the the ancient accountant to remember him. The only other one that they've or they've arrested and he said that he had I don't know I think he and hundreds of people -- form."

" Please don't think they really you know stash stuff away like it is. Various accounts."

" I think so I think the money is I I don't know I don't know if all I know how much money's out their Susie but just got to be some money out there doesn't there has to be mean. He he ran through. A 175. Billion 170 billion the New York Times -- 65 billion dollar fraud so I guess 65 billion is missing. There's no -- 65 billion can be missing. It's got it's -- we just don't know where this from -- yes. Some of it is I don't think all of that thanks for the call Susie 18774694322. On how we card. --"

" 18774694322. That's the toll free number that Howie -- shortly about Bernie Madoff was some extra 115. Years."

" I mean she'll be eligible for parole in about a 120. Somewhat years would be a 191 years old. He's rate now. In his cell where he's been since March at the Metropolitan Correctional Center in lower Manhattan. So he's not with. Our our our our -- Barack co worker Reese Hopkins is the -- is still on Rikers Island right."

" Well Reese's and anywhere near his level of you know."

" Dangerousness too people basically so that's why and Kris was and it in on a federal -- he's not a state rap right. Yeah but you know sometimes they co -- when -- look at -- look at a live mafia guys who were in the of the federal racketeering they were on the world the -- house of correction yet but he says reform. -- recent senate when it essentially is that Charles street jail I mean -- not going to find a big guys there."

" In any -- so that these toys the India meanwhile federal prison officials will determine where he will service sentence judged chin indicated that it could be imprisoned somewhere in the northeast and again -- most likely DeVon it's. Focus -- want to know more about seventh. This from The Herald today. Located at the former fort -- some forty miles west of Boston demonstrate -- medical center houses some 1100 male inmates who require long term medical or psychiatric treatments. Excuse me who say they require long term medical or psychiatric treatment. The Bureau of Prisons classifies the site is administrative meaning you can house -- anything from low to maximum security inmates. That makes Evans popular with the white collar criminals facing long sentences are generally wind up at either administrative sites are more dangerous medium security presence. Wall Street -- CN mule Israel made headlines last year when he faked a suicide on his way to self reporting -- Remember Jimmy said they they they found his car -- analyst Tappan Zee Bridge. Then though -- cities they -- they found a suicide note but. Oddly enough nobody. Larry Levine an X com who's. Who's a Wall Street prison consultants helps white collar crooks prepare for jail we as a company that helps white collar -- prepare for jail he said they he said what they convicts like places like -- it's because doctors often put inmates and hospital rooms and stuff -- Sometimes even what personal TVs all that would be nice for burning -- that. Still the expert believes the wherever Madoff does time this camera will face constant danger my own belief is that Madoff will be killed once he's inside Levine said. He stole 65 billion in the people who have it now don't want to give it back so they're going to try to shut them up. 187746943. People who haven't now that's what recess. But I don't know what he's talking about I think it's -- coming after my name though not his son Heidi at -- talking about you know would he do it again we're talking about social gangsters in Europe. That's -- I think he's talking about. I don't know what he bases it on like you he was -- eat it with the market would go up the market would go down. He would always provide returns in the bid in the area of ten to twelve to 15% a year -- mean it took a lot of money to put be providing those kinds of numbers. Year after year after year I mean he was basically just a oh Hoover vacuum cleaner sucking up new money to keep the thing -- that's what a Ponzi scheme is you're paying off the the first investors with feed the money that you're taken in from later investors it's it's real simple. In it lasts up until the moment you run out of investors which happened do this in the economic meltdown last fall. Skippy you're next with how we cargo ahead skipping. Yes."

" He just said but of those my -- Yeah I know the party is like a pyramid he thought he gonna put money and he's gonna take care of those initial people. Right but we will -- regulatory. You think would do they did this system itself out."

" And it totally fell apart skippy did you ever see that guy what's his name Harry -- policies from around here he went to the he went to the SEC in naive enough Boston and then they'd -- them. The SEC in New York -- just brushed him aside. So we went to the SEC in new York and they kicked it back to Boston and they brushed it aside there and and then. You know he -- there -- stories and skippy and in places like Barron's. I mean yeah well a big financial magazine. Questioning how the hell does this guy do it -- and he just always sort of club the end you know while Brees and his -- to a one."

" It got tired yet. Minimal I got office staff Billy nothing so like this guy would get away would -- guys as Hewitt. You forgot to be Megan -- they would like word of --"

" Right also released people actually like sucked up to when you like get -- in Palm Beach. You know you say that say he gotta get -- with this -- Bernie Madoff you know easy you know the money steady year after year and so people would like go up to with the Palm Beach Country Club and begged him to take their money it hit -- one of the most feeder funds and then then some of these people I think some of the -- the ones who were up. Made statements today in the -- Did they they took -- they bundled all their money together to let me get -- like a million or two million dollar minimum so if you could scrape together 200000 marks from buy a you know a a lump sum payment you got when you retired or your 401K. You'd you'd get together with three or four other people and you come up with the money -- you give it to Madoff and you think you were also add new and then you end up the night now. So these people skippy. Actually had their houses paid off. And they re mortgaged their houses to get more money because they figure the interest rates are what 5%. So clearly they're gonna take the money out and pay it back at 5% and they going to give it to Bernie and get."

" And percent I didn't say that hundreds of people suspected something was amiss with the now operation if you look at who the victims were not. You'll notice that the major firms on Wall Street. Had no money but mr. -- off."

" Yeah and now -- now what some people talking about suing them because white and shoot you -- and invest any money you know there was something shady going on why didn't you tell us. But can you imagine that skippy I mean your house was paid off you had steady money come in and with this guy you re mortgage your house to get more money and now you're eighty years old. In your house is mortgage -- there's no money come and it really was just good. No -- that good. And the ones that good the inspector general of the Securities and Exchange Commission is examining how regulators failed for years to catch mister Madoff. Investment funds that channel money to mister Madoff have been sued into agreed to return millions they withdrew before mr. main office. December arrest. For decades mr. Madoff built his reputation and his client base on the promise of healthy returns that flowed in as reliably as the -- it's big hedge funds and notables like Healy -- Zell. In Cindy call fax and -- their money to mr. made ups investment business that -- hundreds of retirees and smaller investors. You don't thing as. If you. Why would you -- old saying we don't look a gift horse in the mouth. Mean if the money's coming in every month end you know easy in the guy looks legit. And you know here's what might tell you what your fellow investors Healy -- Zell was CNB call facts Yale University. You -- All these big charities you what do you do you know -- the gift horse in the mouth now. I wouldn't anyway -- course of course since didn't happen the me I didn't Bob but I never had that I never had a stake to get -- It's Steve you're next with Howie -- go ahead stave."

" Yeah of course you would look the gift horse in the most if you're so greedy and you're making 12% a year. I mean how we I have I have absolutely no sympathy for these people because a lot of them were in west -- For maybe a decade or -- and they probably they probably me."

" Understand this is this is an argument Steve but but what does it matter how much they made they were counting on making it forever they lost there are -- capital. There squirrel and now."

" Well they were counting on making it forever listen every day. That they -- lie it was a good day tomorrow we can all be dead. So if they got a lived a good rich prosperous life for a decade or two station count their blessings because a lot of."

" cal there was things is they go to workers janitors in my house c'mon."

" Also some some people. Don't even get a good job like -- janitor some people live in the gutter but the point is how we."

" Our Rob Lowe Steve that's the point lead they yes they they earn the money here they inherited the money what every it was their money in this -- all let that's the point eight."

" Well I recording that I am not first stealing money all I'm saying is. I don't have any sympathy for them because they were greedy and they didn't do due diligence and --"

" EV I mean they they know why they wanted to good return I mean how was that greed."

" Howie if you're getting statements okay. Well that's that's says what you're portfolios. Invested in okay yeah you're making so much more. Did everybody else who has the same companies they've been a good idea. To check how of this is happening. Because pyramid schemes have been going on for."

" this I don't they're still going on to you'd realize we all well."

" That's right and you should been suspicious and I'm sure a lot of these people. I actually knew this was some kind of Ponzi schemes and that everyone knew they were getting their money year after year they were they were closing --"

" Want to stay there a Ponzi scheme Steve because there's only one way a Ponzi scheme can end."

" How -- that's not true I have friends who actually lost some money. In the eighties in -- pyramid scheme and they knew exactly what they're getting into the whole the whole scam was. You invest in it and you have to get ten friends still has --"

" Are -- you also you have don't all use Leo you need that -- chain letter Steve but they."

" I'm I'm just saying this people who know what's going on and that's why I'm --"

" I don't think -- I don't think these people who away I don't think they knew what was going on thanks for the call state he's right -- that's going on everywhere I. When I came back from my last vacation to Florida. I told you it just so happened that the very weak I was down there. They arrest of a guy who live diagonally across the stroke -- from a from Bernie we're we're Bernie Madoff flipped. One million Palm Beach. Then this guy M it was small potatoes obviously everything a small potatoes compared to Bernie Madoff but this guy had ripped off like thirty or forty million box allegedly. From -- from investors in Oklahoma. Then he had a he had just the tiny house -- wasn't on the water but -- again to how what are the odds to scammer is. Two Ponzi scheme mark. Perpetrators living diagonally across the street from each -- the odds are pretty good if your Palm Beach 18774694322."

" On how we car. Surely isn't known dog dirt is -- and."

" 187740. Or 322187746943220. That's a toll free. Number of our car show. James from Nashua since you're asking the wrong questions is it just for the rest of his family to walk off with the sixty million if the SEC wanted to represent the interest of the stakeholders. They would have pressed for the same jail time for the wife and kids and to all sixty plus billion is returned."

" First you got -- prove them guilty though James where's your proof is there any proof. Officer mark says -- half baked courtroom apology sounded like David Letterman wrote us. Here's one the policemen guarded Madoff said. The con men had no sympathy for his victims and little remorse for what he had done your site you could see if I mean that we didn't see it as there were no cameras but I mean just from Reading his remarks in the court or. She's she's suffering doormat --"

" So we even if Ruth Madoff was not an accomplice to the crime how mushy feel when she realizes she spent her life for the monster. Dennis from Burlington Vermont says all white collar jails must be closed financial crook should share cells with violent criminals. If it is another one from officer mark Madoff better pray that she's man doesn't want the top bunk Joe your next with Howie Carr go ahead Joe quickly."

" Hey how are just real quickly you made a comment earlier about. -- penalties choice is people knew what they were dorm in the next comment you made was about the RS and all the rest of us I don't have a choice I'd do away with the -- That's -- come at a movie to -- in the outcome of this agree that it. Don't."

" The government is the government. You know I mean this math and you want I can do about that you can't fight City Hall you can write all the -- she wants saying -- Government has no right to collect income taxes but they're going to do what what can I say from our car."

Related Audio and Video

Howie talks to Charlie Baker

Governor Deval Patrick and Senate President Therese Murray plan to propose this week several ways to improve the Bay State’s business climate, saying they need to be more aggressive in steering the region out of its economic malaise. We will speak with republican candidate for governor Charlie Baker about this plan.

Audio|Mon, 8 Feb 2010|More from Howie Carr
|charlie bakerfound at6:56, 0:38

“…18774694322. Let's take some calls for Charlie Baker the Republican candidates for governor. Pod your next what Howie Carr and Charlie Baker go ahead Todd. …”

“…Okay. Stories in the paper today. Governor Patrick. Pushing job creation plan. Governor Deval Patrick and legislative leaders are rolling out plants. That's -- god what a nice cliched true curtain lead that is rolling out plans. …”

Howie talks to Mary Connaughton about the Tolls

Gov. Deval Patrick is quietly moving forward with a plan to install electronic tolling on the Massachusetts Turnpike that would target costly, patronage-laden toll takers as he pushes for reelection. We will speak with Mary Connaughton of the Turnpike Authority about this plan....

Audio|Mon, 8 Feb 2010|More from Howie Carr
|run for presidentfound at0:37, 3:29

“…Our democracy do Laura. Why wouldn't you run for president. . I will head to Iowa I think if I believe that that has the right thing to do for our country and …”

“…that there's a story in The Herald today it's a lead story Governor Deval Patrick is moving quietly forward with a plan to install electronic tolling on the Massachusetts turnpike. The with target the costly patronage -- …”

Chumpline 2/8/10

The daily chumpline from 2/8/10.

Audio|Mon, 8 Feb 2010|More from Howie Carr
|super bowlfound at4:44, 0:48

“…me a fax on Saturday morning T minus thirty hours so the Super Bowl halftime show she was so excited about I don't which -- she isn't -- many faxes vote today I don't know what's so not only voicemail -- she excited. Not so much not no she didn't like it that much no response should just -- you -- talking about Super Bowl today. -- Say it wasn't I didn't think you watched it. No I'm not only chance I did I did watch it …”

“…Sarah Palin knows how to pronoun whatever -- because it's written on my hand. …”