Jan 06 2009
Madoff Victims Selling Memorabilia on eBay
Seems like Madoff has spawned a nice little cottage industry :
Did you get fleeced by Bernard Madoff? Or did you buy that Madoff Securities fleece jacket on eBay?
Madoff, who was arrested last month after allegedly telling investigators he lost as much as $50 billion of investors’ money in a giant Ponzi scheme, promoted his firm by putting its name on everything from T-shirts to beach towels, tote bags and umbrellas.
Dozens of the keepsakes are now being sold on eBay.
The Madoff name wasn’t fetching top dollar on the Internet. Bidding for many items didn’t rise above $50.
Am I the only one who thinks this is funny. I don’t know what’s funnier, the fact fact that folks are selling this memorabilia or that it’s not selling very well. This is American Capitalism at its best: Let’s profit off of someone else’s doom and gloom! Yeah! Only in the US right?
