Ponzi

Joe Queenan brilliantly summed up the absurdity of Ponzi scammer Bernard Madoff’s courtroom “apology” in the LA Times. Madoff admitted he had “deeply hurt many, many, people” and said “I cannot adequately express how sorry I am for what I have done.” The writer pointed out that Madoff couldn’t be THAT sorry because genuine contrition requires RESTITUTION. Madoff made NO effort to help the government locate any of the 60 billion dollars he allegedly stole, and REFUSES to identify his confederates. His vapid apology translates to: “I regret the distress I’ve caused, but I’m keeping the money. And leave my wife out of this.”
Let’s face it, most public apologies like his are just another insult to his victims.