Thursday, April 9, 2009

T: Is for truth as told by Ruth Madoff

Ruth Madoff claims that the boats and her Palm Beach home that was confiscated, were taken with her consent and cooperation. However her apartment in Manhattan and a house in Montauk, are not so easily being given up. Ruth Madoff who is 67, is ready to rumble to save, not only the two remaining homes but also more than $62 million in private assets. Has she possibly seen to many productions of West Side Story? She also wants the money from the sale of her Florida properties. Ruth claims the Manhattan apartment, a $17-million bank account and $45 million in municipal bonds were not the fruits of her spouse's Ponzi scheme. According to Ruth they came from an inheritance from her investor father, Sol Alpern.

One has to ask the question why her money was not part of the Ponzi schemes and if not, why didn't her husband let her invest? If she didn't know what her husband was up to, as a wife wouldn't she would want to make money with the rest of his investors? You can't have it both ways. Mrs's Madoff what do you say to all the wives out there that can no longer feed their kids? Who can no longer house them? Who are at their wits end? Do you not have a conscious or a soul? How can you live with yourself knowing you have caused such heartache to so many. Were not your friends involved? What do you say to them as you fight to keep ill gotten wealth? I wish for you the same fate for you have so heartlessly inflicted on others. I think you need to face the F.A.C.T.S.

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