Rick Raw: Madoff Mess Escalates –Pirate Mad Bart Madoff Remains Free in Penthouse

By Rick Grant Commentary rickgrant01@comcast.net www.rickatnight.com

The saga of pirate Mad Bart Madoff continued with another outrage. On Monday, Jan. 12th, Magistrate Judge Ronald Ellis of the U.S. District Court of New York refused to revoke Mad Bart’s bail. Prosecutors were livid and complained to the judge that Mad Bart brazenly violated his bail agreement by writing a hundred checks to relatives equaling over $100 million. He also mailed jewelry, expensive watches, and diamonds to relatives to the tune of $1 million dollars.

The judges decision left the prosecution stunned and speechless.
Yes, this pirate swindler just keeps thumbing his nose at the law and his victims while continuing to live the high life. Why is this judge giving him special privileges by letting him live in luxury in his palatial penthouse condo? Why, why, why!

Why indeed! Everyone from the prosecutors to enraged victims want this scumbag locked up behind cold steel bars, in a small cell with a stainless steel toilet and a cement bed until his trial. Perhaps the judge has heard of threats to Mad Bart’s life if he is incarcerated in the general population lockup. Ah yes, but no matter where Mad Bart is housed, someone is going to whack this creep–mark my words.

One can only speculate that the judge is soft peddling this major criminal for unknown reasons. Well, we can make unsubstantiated accusations that some money changed hands through underground channels or Mad Bart’s defense attorneys. But with the mass media spotlight on this case, the judge would be insanely reckless to take a bribe. But his latest ruling makes us suspicious.

The enormity of Mad Bart’s crime makes him the master thief of all time. He defrauded investors out of $50 billion in a blatant Ponzi scheme. Mad Bart’s victims included VIPs and celebrities, plus the Jewish charities in America and Israel. They demand that he be locked up for the common good. Lesser crooks have been hauled off to jail and held without bond until their trials.

Judge Ellis’ ruling is so egregious it demands a hearing before the bar association. No one is above the law and no one should get special privileges because they are wealthy. Judge Ellis’ ruling makes a mockery of the judicial system.

More significantly, Mad Bart’s scam went beyond his many irate victims. He disrupted an already fragile financial system, affecting hedge funds and brokerage firms, causing the Stock Market to falter. Big time investors from Wall Street, Palm Beach, Florida to Europe were ruined. Two of Hollywood’s elite players, Steven Spielberg and Kevin Bacon lost large amounts of money.

The chorus of people who are demanding Mad Bart Madoff’s head are growing louder. Lock the son-of-a-bitch up before a mob breaks into his building and drags him out onto the street and strings him up on a lamp post. There are some crimes that demand old time justice.