Here’s something that will make the joy of many investors who’ve been wanting revenge: most of the assets of Bernie Madoff will be auctioned on Saturday in New York. He was arrested in late 2008 after commanding one of the biggest frauds in financial market history, and now will see items of sentimental value as a piano Stein & Sons, and an engagement ring be sold and profits be reverted to the victims of the robberies he committed.
* Even with the sale of more than 400 pieces of Bernie, the return to the victims is expected to be still much smaller than the estimated $ 65 billion that he stole over nearly 50 years of financial operations. This is surely a dish that will be tasted pretty cold …