Wednesday, July 1, 2009
Alec Baldwin: 150 Years for Madoff?
I enjoyed this piece by Alec Baldwin @ HuffPost. Baldwin's reference to Frank Abagnale is spot on, for those of you who remember the Leo DiCaprio flick "Catch Me if You Can." For myself, the first person that came to mind was Frank Lucas. Although the movie "American Gangster" didn't quite live up to the billing, it's hard to ignore the fact of the matter. The method is definitely beneficial, and could possibly prevent another Ponzi scheme of this magnitude from ever happening again. The Feds ultimately will have to swallow their pride and make an effort to use Madoff for the greater good.
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