Tuesday 1 March 2011

Quote of the Day

Madoff said deceiving investors for two decades had put him under severe strain. His prison therapist had assured him that he was not evil: “She said, 'You're absolutely not a sociopath. You have morals. You have remorse.' I am a good person. Everyone was greedy, I just went along.”

Bernard Madoff, interviewed by NY Magazine

next week: Fred Goodwin

6 comments:

measured said...

So if you express remorse, you have morals? Huh?

This doesn't excuse him or Blair or Brown.

formertory said...

If he's under severe strain perhaps he is at heart a good person, bless his little cotton socks.

I haven't noticed any sign of severe strain amongst the politicians who have persuaded people here for 60+ years that public sector Ponzi-Pension or State Ponzi-Pension schemes were a good idea.

John Thomas said...

When I first heard the old tea leaf's name, I thought that guy was very aptly named, deliberate pyramid swindler, the trouble is there are more but they don't come to light until it is too late, the old addage "if it is too good to be true, it most likely to be so"

Budgie said...

Hey ho - 'every one was doing it' is the definition of lack of morals. In any case everyone was not doing it.

Nick Drew said...

then I think we are all agreed !

actually he does have one legitimate complaint, viz he's the only one to be banged up: & according to this, that's the way it will be

Nick Drew said...

or, errr - perhaps not ...