To: Jon Corzine
From: Bernie Madoff
You might like to think that you're smarter than me, and I won't debate whether or not you're better 'connected' than I am, but since your people reached out to me for advice, here it is:
1. Legal counsel: Sure, you can hire Ike, or maybe someone like Teddy Wells, but if I were you, I'd hire Nan's lawyer, Mo. You don't see her sitting behind bars, do you?
2. Don't look so shell-shocked..And, before you appear before that Senate hearing, get yourself a shave. Most people believe that people who wear beards have something to hide. And, in most cases, they're right.
3. You need to come to grips with the fact that if they haven't already, your "long-time friends throughout the Industry" are history. What? You need to see a bus with your name on the front panel above the windshield to figure this out? You're about to be thrown under that bus. Its that simple. I'm willing to bet that your old pal Lloyd can't wait to testify against you.
4. You might want to tell everyone that the reason you loaded up on all of those foreign government bonds was part of a strategy that Tim Geithner suggested. As far as explaining away how customer funds wound up in your firm's prop trading account, that's easy to explain--only as long as there's no email or txt message trail to refute your story that those journal movements were done by underlings without your authorization.
5. Deflect the topic of MF Global and use your Senate hearing opportunity to talk about the lunacy that's taking place down in Washington right now, and the only reason that you loaded up on foreign bonds was because 20 different senators told you there was no f**king way that the "super committee" would even come close to coming up with a plan, and that the whole multi-million dollar exercise where those people spent $100 on danishes for their meetings was purposefully intended to fail.
5. If all else fails, how's your bridge game these days? I'm putting together a celebrity team in here and if you're a Life Master, I'm thinking I could add you to the team.
BLM
Tuesday, November 22, 2011
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