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17 Apr 2009 08:51

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Tech, World: The Pirate Bay lost their spectrial, but they’re not ready to give up

  • We see this as a film. This is the first set-back for the heroes. … In the end we know that the good guys will win, as in all movies.
  • Peter Sunde • One of the defendants in the spectrial in Sweden. A guilty verdict was brought down today, but there still seems to be plenty of swagger in the steps of The Pirate Bay’s owners, who plan to appeal. The site is still up, by the way. • source
Posted by Ernie Smith • 0 Comments • Permalink

12 Mar 2009 21:07

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Biz, U.S.: Bernie Madoff: A man compelled to have killer returns. (Huh?)

  • While I never promised a specific rate of return to any client, I felt compelled to satisfy my clients’ expectations, at any cost.
  • Bernard Madoff • Explaining why he created his Ponzi scheme during a courtroom monologue while pleading guilty. According to him, he wanted to keep giving out continually good rates of return because he wanted his investors to love him. (No word on how he felt about his penthouse.) • source
Posted by Ernie Smith • 0 Comments • Permalink

12 Mar 2009 10:37

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Biz, U.S.: Ponzi schemer Bernie Madoff finally pleaded guilty

  • 11 number of counts Bernard Madoff pleaded guilty to this morning source
Posted by Ernie Smith • 0 Comments • Permalink

10 Mar 2009 21:33

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Biz: What was Bernie Madoff trying to do when he stole all that money?

  • There’s a good question to ask. Dude stole $50 billion in a fraudulent ponzi scheme and apparently hired people to make fake accounting documents for some stupid reason. As Madoff faces up to 150 years in jail on 11 federal charges, which he’ll likely plead guilty to on Thursday, his investors hope that the guy finally explains what his motive was. source
Posted by Ernie Smith • 0 Comments • Permalink
 
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