Even a 150-year prison sentence hasn’t convinced Ponzi king Bernie Madoff to tell the truth.
The convicted fraudster’s latest whoppers include a story that he is working with Harvard Business School on “building an entrepreneurial course” that will focus on his long-forgotten accomplishments, such as his role in paving the way for electronic market-making.
“I have been approached by a number of other business schools but have only committed to Harvard,” Madoff boasts in an interview with Fox Business Network.
“The entire matter is not true,” a spokesman for the school told FBN’s Charlie Gasparino.
In a series of telephone and e-mail chats with Gasparino, the 73-year felon also claims that hedge fund honcho Steve Cohen, of SAC Capital Management, is “the worst kept secret” when it comes to illegal trading.
Asked how he knows this, Madoff tells Gasparino that he was once forced to call the SAC founder to tell him “to stop his managers from approaching my traders with their offer to give them info if we let SAC execute our commission business.”
While SAC has been caught up in the federal probe into insider trading, Madoff carried out his $65 billion fraud without much trading.
“Steven Cohen has never met or spoken with Bernard Madoff and any assertion otherwise is absolutely false,” an SAC spokesman said, adding that SAC “does not execute trades for other firms.”
(Source: NY Post)
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One Response
1. Noses don’t grow when you lie unless you are an Italian wooden puppet.
2. All noses keep growing in humans.
3. No one in the universe would believe Madoff given his record. He announced the sun was shining, everyone would rush to get a flashlight.