dmh00000

What About Madoff's Accomplices?

I find it impossible to believe the sons were/are as ignorant as they (and bernie) would like us to believe. The sons ran the brokerage/trading arm of the business which was for years one of the largest. Bernie's alleged strategy was Split Strike Conversion which required ongoing purchase and sale of equities and stock options, both of which could have been executed through Madoff Securities.

While the sons don't appear to be rocket scientists, I'm incredulous that never pressed their father about running trades through the firm, queried who the trades were run through, etc.