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Re:Bernie Madoff has died by dep_b on Wednesday April 14, 2021 @09:58AM (#26807143)
The scapegoat. The only one who ripped off the rich instead of the poor. I would like to see people like Paul Singer die in prison, who made the lives of millions of people miserable, but I guess it's all legal what he did...
Re:Bernie Madoff has died by bidirectional on Wednesday April 14, 2021 @10:05AM (#26807233)
Madoff had no problem defrauding charities and pension funds. Hardly Robin Hood.
Re:Bernie Madoff has died by dangerbird2 on Wednesday April 14, 2021 @10:16AM (#26807365)
To be fair, most robinhood-esque folk heroes had no qualms about robbing the poor along with the rich, e.g. depression-era bank robbers.
Re:Bernie Madoff has died by capableweb on Wednesday April 14, 2021 @10:59AM (#26808040)
I'm sorry, but how are "depression-era bank robbers" in any "robinhood-esque"? They all did their actions for personal gain.
Re:Bernie Madoff has died by sokoloff on Wednesday April 14, 2021 @10:05AM (#26807236)
If you're talking about this guy: https://en.wikipedia.org/wiki/Paul_Singer_(businessman) I don't get any clear understanding of why someone would wish to see him die in prison.
Re:Bernie Madoff has died by pjc50 on Wednesday April 14, 2021 @10:24AM (#26807484)
I think this is about the "pari passu" saga. It's one thing to hound individuals for their debts, quite another to hound an entire country - and in some cases there had already been a creditor resolution which he overturned.

Still I feel that asking him to die in jail for doing legal if nasty things is going a bit far.

Re:Bernie Madoff has died by dep_b on Wednesday April 14, 2021 @12:08PM (#26809048)
Argentina was paying off debts when he pushed them into default to force a full payout on a debt he only paid a fraction for.

The IMF puppet president that got installed after that and that paid him off in full doubled the Argentinian foreign debt, resetting the economic situation to 2001.

An entire generation will know nothing but a broken country and regression without hope for future. People were dying of hunger in 2001 and people are dying of hunger now.

But Paul Singer got his 500% ROI.

And read up about what he did in Detroit if you think he only does it to some 3rd world countries.

Re:Bernie Madoff has died by trasz on Wednesday April 14, 2021 @01:14PM (#26810050)
Tbh this is more of a failure of Argentinian government institutions to protect their country against it.
Re:Bernie Madoff has died by dep_b on Wednesday April 14, 2021 @01:20PM (#26810160)
And a failure of the US government to protect itself against people like Singer.
Re:Bernie Madoff has died by phpsuks on Wednesday April 14, 2021 @10:03AM (#26807215)
Scamming rich people is not exclusive of scamming poor people unfortunately. Poor always, always pay the bill.
Re:Bernie Madoff has died by data_acquired on Wednesday April 14, 2021 @10:20AM (#26807430)
To quote another Bernie, there's a fair bit of socialism for the rich in the US through bailouts when big corporations lose too much money/are too big to fail.
Re:Bernie Madoff has died by colineartheta on Wednesday April 14, 2021 @11:42AM (#26808649)
I'm not sure why you're being downvoted, as that's as true of a statement as almost anything. This weird, hypermasculine obsession with capitalism amongst this forum (and tech community at large) just perpetuates injustices.
Re:Bernie Madoff has died by mhh__ on Wednesday April 14, 2021 @01:52PM (#26810603)
Well I don't know about you, but I am merely a temporarily embarrassed founder
Re:Bernie Madoff has died by data_acquired on Wednesday April 14, 2021 @02:21PM (#26810995)
Haha :) I've been on HN for 12+ years, and yes, statements on capitalism don't always go over very well (unsurprising given links to YCombinator). Although I will say that HN has a wider diversity of opinion on quite a range of topics than other tech forums.