Madoff and Weinstein

Here come the Bernie Madoff books: One of Madoff’s victims, Sheryl Weinstein who invested millions of dollars for the charity she ran as well all of her and her husband’s life savings with Madoff, now claims she also had an affair with Madoff in her book “Madoff’s Other Secret:Love, Money, Bernie and Me”. Weinstein writes that “about 10% of the volume of the NYSE was going through Bernie’s firm.” Well maybe that would have been true if he was really investing all that money that people like Weinstein were giving him, but it was an absurd claim that anyone with any market sophistication would have laughed at. Speaking of laughing at Bernie, Mrs. Weinstein said that she was stunned the first time they had sex.

“…This man was not well-endowed” claims Weinstein. Well that should have been another dead giveaway that this man was not what he said he was. Anyone who really knows trading knows that statement can never apply to a real trader. We are just kidding of course, there are many successful female traders.