Bintel Blog

Thanking Mr. Madoff

By Gabrielle Birkner

  • Print
  • Share Share

As the world focuses on the misdeeds of Bernard Madoff, who pleaded guilty Thursday to operating a multibillion-dollar Ponzi scheme, at least one person — granted, not one of his defrauded investors — is singing his praises. Writing on The Big Money, Chadwick Matlin has gone so far as to pen an open letter of appreciation to Madoff.

What has the disgraced businessman done to warrant such a gracious gesture? Well, according to Matlin, Madoff:

• Forced the government to acknowledge “just how crappy the SEC is at doing its job.”

• Giving Americans a villian — a wealthy, white, Jewish villain who defrauded Holocaust survivors, at that — at whom they could direct their anger about the economy’s nosedive.

• Inspired the creation of a whistleblower’s office at the Financial Industry Regulatory Authority to keep track of and investigate fraud-related tips.

Matlin concludes: “Without you Bernie, we would have stewed in our internal anger. And we would have had nobody to catalyze change for the future. Know that while you spend the rest of your life in jail, I’ll be thinking of these noble contributions. And I’ll be thankful.”


Permalink | | Share | Email | Print | Filed under: Chadwick Matlin, Bernard Madoff

The Jewish Daily Forward welcomes reader comments in order to promote thoughtful discussion on issues of importance to the Jewish community. In the interest of maintaining a civil forum, The Jewish Daily Forwardrequires that all commenters be appropriately respectful toward our writers, other commenters and the subjects of the articles. Vigorous debate and reasoned critique are welcome; name-calling and personal invective are not. While we generally do not seek to edit or actively moderate comments, our spam filter prevents most links and certain key words from being posted and The Jewish Daily Forward reserves the right to remove comments for any reason.




Find us on Facebook!
  • BREAKING NEWS: Israel has officially suspended peace talks with the Palestinians.
  • Can you guess what the most boring job in the army is?
  • What the foolish rabbi of Chelm teaches us about Israel and the Palestinian unity deal:
  • Mazel tov to Idina Menzel on making Variety "Power of Women" cover! http://jd.fo/f3Mms
  • "How much should I expect him and/or ask him to participate? Is it enough to have one parent reciting the prayers and observing the holidays?" What do you think?
  • New York and Montreal have been at odds for far too long. Stop the bagel wars, sign our bagel peace treaty!
  • Really, can you blame them?
  • “How I Stopped Hating Women of the Wall and Started Talking to My Mother.” Will you see it?
  • Taglit-Birthright Israel is redefining who they consider "Jewish" after a 17% drop in registration from 2011-2013. Is the "propaganda tag" keeping young people away?
  • Happy birthday William Shakespeare! Turns out, the Bard knew quite a bit about Jews.
  • Would you get to know racists on a first-name basis if you thought it might help you prevent them from going on rampages, like the recent shooting in Kansas City?
  • "You wouldn’t send someone for a math test without teaching them math." Why is sex ed still so taboo among religious Jews?
  • Russia's playing the "Jew card"...again.
  • "Israel should deal with this discrimination against Americans on its own merits... not simply as a bargaining chip for easy entry to the U.S." Do you agree?
  • For Moroccan Jews, the end of Passover means Mimouna. Terbhou ou Tse'dou! (good luck) How do you celebrate?
  • from-cache

Would you like to receive updates about new stories?




















We will not share your e-mail address or other personal information.

Already subscribed? Manage your subscription.