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Madoff enabler being treated unfairly  permlink

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Posted on: August 25, 2009 1:37 AM, by Razib Khan

Lawyers for Broker in Madoff Case Call U.S. Suits Unfair:

"What the commission has done here to Robert Jaffe is simply unfair," the defense motion argued. "The agency has called him a cheat, a knowing participant in the largest Ponzi scheme in history. Yet, it has failed to back up these charges with factual allegation


I think using broad-brush terms like "unfair" which aren't precise & legal is probably not a good move. Life isn't fair, and many people screwed by Bernie Madoff will never be made whole. That's not fair, but that's reality.

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Comments

1

The reason they are using the legally meaningless term "unfair" is that they have no legally meaningful term to hang their hat on.

Posted by: Comrade PhysioProf | August 25, 2009 12:45 PM

2

Jaffee must go to prison. He was Madoff's #1 shill.

Posted by: Diggy Zazz | August 25, 2009 1:40 PM

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