Open Thread


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  1. “Tax cuts don’t cost anything, just a reallocation away from govt to individuals / families.”

    How would you describe bankers getting bonuses of taxpayer money? Would that be the same thing: govt money reallocated to individuals/families?

  2. “for crissakes, just do 1&2 and maybe a bit of #3 – but no strip club or getting totally wasted – that’s for the young boys!”

    Have to agree, dave. I don’t even know where to begin dissecting Gem’s last post. It is so wrong in so many ways.

    Only “a bit” of #3? Cf. Scott at 2:14pm.

    And the implication that lech is not young has such broad implications for most of the rest of us in the OT as to shake the OT to its very foundation.

  3. SEC’s Top Lawyer Becker Sued for Inheriting Madoff Ponzi Profits

    Feb. 23 (Bloomberg) — David M. Becker, the departing chief lawyer at the U.S. Securities and Exchange Commission, said he had no detailed knowledge of how his parents came to earn $1.5 million from an investment in Bernard Madoff’s Ponzi scheme.
    Becker and his brothers, who inherited the money upon his mother’s death in 2004, were sued in bankruptcy court in New York by the trustee liquidating Madoff’s firm, Irving H. Picard, who seeks to recover the funds as a fictitious gain.
    “It is true that my brothers and I were designated as co- executors of my mother’s will, and it is also true that we were the residual beneficiaries of my mother’s estate,” Becker, 63, said today in an e-mail. “I have no direct knowledge of any of the other facts — how and when the Madoff account was opened, what was invested, and what was in the account when it was liquidated.”

  4. Lech – for crissakes, just do 1&2 and maybe a bit of #3 – but no strip club or getting totally wasted – that’s for the young boys!

    DH – sorry, I made some lunch meant to reply to the lotto thing – YEAH! those peeps will go and buy an F150 and a mcmansion for sure. if I won a major lottery draw – I would buy a fancy pants brownstone here in Park Slope with an ensuite bathroom and everything Dibs likes, get a BMW M3 and throw dollars at the cyclists along PPW for fun than speed off 🙂

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