Andy B.

Satyam Scandal: India's Claim to Ponzi Fame

www.mcafee.cc/Bin/sb.h...

Profile of a sociopath describes both Raju and Madoff.

Manipulative and Conning

They never recognize the rights of others and see their self-serving behaviors as permissible. They appear to be charming, yet are covertly hostile and domineering, seeing their victim as merely an instrument to be used. Pathological lying, lack of remorse, shame or guilt, callousness/lack of empathy...

These are Wallstreet sociopaths and our government is filled with these type of people (Barney Frank, Harry Reid, Nancy Pelosi, etc.

I think the one big mistake Madoff made was to take money from the Russians who probably had ties to the Russian mob. The Russian mob and big business in Russia are intertwined (Kind of like our own government) and you don't steal from them and live.

Why else does he have armed bodyguards everywhere he goes? His sons who worked with him (who had no knowledge of what their father was doing (wink-wink) will probably be found dead in an alley sometime in the future and Madoff will probably be shanked in prison.

But, then again, maybe Madoff was working for the mob and his other rich friends who "lost" billions, laundering money for them through his investment firm and conveniently "losing it" in the market, knowing that the US government would pay out for the losses while the SEC officials were all paid off to look the other way. Now that would be a scheme. Then the money would be secretly funneled back to all his friends. 10 bucks says Madoff will disappear before trial, flee the country and disappear, rumored to be living somewhere in Russia.

Only a fool would believe that all these rich billionaires gave billions of dollars to Madoff without checking out his background. We'll probably eventuall find out that half of them were in on the scheme.