Sunday, June 28, 2009

market pulse
Jun 27, 2009, 9:00 a.m. EST
Madoff's wife cedes asset claim
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Story .By Kim Hjelmgaard
LONDON (MarketWatch) -- The wife of swindler Bernard Madoff has agreed to relinquish her claim to more than $80 million worth of assets and will retain just $2.5 million in cash following an agreement reached with federal prosecutors late Friday, according to a report in The Wall Street Journal. Bernard Madoff is scheduled to be sentenced by District Court Judge Denny Chin in New York on Monday.

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Poor lady. Has to make do with only $2.5 million. Some folks that she and her hubby cheated have to get by on much less than that.
I know, I know. She wasn't indicted, but you can't tell me she wasn't involved. She had to know all that money didn't come off a printing press.

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