Widow of longtime Madoff investor to return money
By Zachary A. Goldfarb  Washington Post Staff Writer
Friday, December 17, 2010;" ... Barbara Picower was told by her lawyers they could successfully preserve most of his wealth by fighting for it in court - perhaps all but $2 billion. But about three months ago, she told them she wanted to give back all the money they made made through the Madoff fraud; $7 billion in other people's money ... " [SOURCE]

Retrieved by Pat Darnell

I Like to Play OWNED on FaceBook

Some Notes from activities on the Social Network OWNED\FaceBook
by Pat Darnell and Friends

Ongoing Discussion in our series of "Ask Brian Jones:

Name: Efraín Boliche
Network: Mexico
Interested In: female
About Me: I've two eyes & prefer to squeeze love handles than smelling feet. I belive in the rrrrumble of the drums and the bubble of the gum, and my mother always made me eat broccoli and now look at me i'm as strong as can be so put some spice in my sauce honey in my tea an ace up my sleeve and a slinky plan b

http:// apps.new. facebook.com /humangifts /view / 6928027

OWNED is kind of a messy game... lots of non-action, and even less police action. Much of thegame is about Photo's. In sync with a barrel of "play money" I go about sorting out the most averse from the less averse subjects of the photos.

Your Lunch Money...

L$1,269,207

Cash Out 82 Photos!

Earn More L$

I like to inflate the prices, and make it look like a hot item. Just like Madoff -- when I Purchase a Photo, I over bid by ten thousand or more fake dollars. Then someone discovers my purchase, and walks into my squirrel trap, I make back the inflated price plus profit.. so when I sign in each day my net worth steadily increases.

Now my net worth is flipping about two million a day. I just passed our previous leader from my group of friends, Rosa Pagan.. Kind of weird to think about, so I don't think as I flip through thousands of faces and other photos stuff... fills lots of time that I could be doing other useful things.

The comment from the kid in Mexico comes from that game.. I thought it was kind of funny. It is from the slot where the subject tells a brief fact or two about himself, herself, or itself; where they are from, and other half-truths.

Also, I have tried to find a set of Cheat Notes for OWNED\FaceBook, but yet to zero in on a way to amass a billion in play money. I notice some bidders, supposedly from Greece, have figured a way to inflate the purchase prices of scantily clad women up to a billion L-Dollars. I am speculating this is a territorial, Cardinals versus the Mockingbirds, nesting rights, scuffle tendency like twist, to the game.

Again, I really don't want to think... I just want to bid, bid, bid for bidness in OWNED -- Capito? Ciao, yous'e.

COMMUNIST !!!

Madoff's RoloDex: It's Still the Economy
Retrieved by Pat Darnell and the CEO's

MooPig's "Behavioral Economists on Staff" suggest this reminder: "Don't try this at home. Every CEO and boat owner knows this is an ideal time to trim the sails; cull the herd... you know, get rid of some of the whining around the place... no?"


[SOURCE]



DIY stimulus: CEO gives workers $1000 each from his own pocket
Bruce Watson | Apr 3rd 2009

Jack Windolf, the CEO of Bollinger Insurance, recently gave his 434 employees a surprise gift: out of his own pocket, he paid each of them $1000. The bonuses, which Windolf called "a mini economic stimulus package," came from $500,000 in deferred compensation that he received when he sold 51 percent of the company last year. Rather than spend the money on himself, he chose to share it with his workers.

CEOs have had a rough time of it lately. With outrage brewing about the scandalous bonuses that went out to executives at Lehman, AIG, Merrill Lynch and other huge companies, it's become increasingly lonely at the top. And for good reason.

After all, even a cursory analysis of the evolution of executive compensation over the past few decades is enough to bring out one's inner Karl Marx. By now, the statistics are pretty well-known, but let's review them one more time: in 1982, the average CEO made 42 times as much as the average worker; by 1990, they were making 107 times as much as their employees, and by 2007, 275 times as much. This meant, incidentally, that the average CEO made more in one workday than the average employee made all year.

Some studies have suggested that employees don't begrudge their bosses the extra pay as long as the company is doing well. However, even by that metric, CEO compensation has grown out of control. With companies lining up to take government bailouts, it is worth asking exactly what companies are getting for their money. One can only imagine the feelings of AIG's rank-and-file employees, and the attitude among low-level workers at Merrill Lynch must be downright mutinous.

Comments:
4-05-2009 @ 11:51AM
Manuel said...
What made those 400+ deserve an extra $1000. They should be taxed at 90%. Mob envy took over in the French Revolution. Mike "45cal. or 9mm bonus" would have fit in well there. In fact, he should move to France.
4-05-2009 @ 11:43AM
robtheblogger6 said...
People can bitch and moan about CEOs but guess what : they don't give a sh*t what you think. Why? Because you can't do a damn thing about it. There's no rioting and i haven't hard of any CEOs being 'taken out'. The "common " people take it up the ass like good little sheep.
4-05-2009 @ 1:34PM
Rupert said...

They should all be chased by mobs with pitch forks and torches!

I've heard radio commentators argue that government shouldn't be involved as when the President asked GM's chairmen to step down.

Well, that's fine. No bailouts either. Let the market sort it out. If you want OUR money- you should be accountable!!

If you ran the company into the ground you DO NOT deserve a bonus! Another employee gets a pink slip for a poor job, why not them? ANY exec who askes for CORPORATE WELFARE, should be fired and stripped of HIS parachute!

We need to all wake up and tell congress that WE AIN'T GONNA TAKE IT ANYMORE. Let the CEOs go to food banks and see how degrading it feels. Be outraged!

Response to: "Bagpipes in Space" at Pribek.net

Madoff's Rolodex: Was NASA on it?
Assumptions; assumptions; assumptions -- Why Not Bagpipes in Space? [HERE]

Summary -- $1.6 billion is starting to look like a bargain.

Description: Is Cost an Issue in Preventing Bagpipes in Space --
This article is from the Space FAQ, by Jon Leech leech@cs.unc.edu and Mark Bradford tla@surly.org with numerous contributions by others. [HERE]

75 Space shuttle mission costs
Retrieved by Pat Darnell

The answer depends heavily on assumptions, some of which are:
- What costs are being spread over missions?
- What's the shuttle flight rate?
- Are figures adjusted for inflation (constant dollars) or not?
- Is the expense of periodically building replacement orbiters (such
as Endeavour) included?

People arguing over shuttle costs on the net are usually arguing from
different assumptions and do not describe their assumptions clearly,
making it impossible to reach agreement. To demonstrate the difficulty,
here are a range of flight cost figures differing by a factor of 35 and
some of the assumptions behind them (all use 1992 constant dollars).

$45 million - marginal cost of adding or removing one flight from
the manifest in a given year.

$414 million - NASA's average cost/flight, assuming planned flight
rates are met and using current fiscal year data only.

$1 billion - operational costs since 1983 spread over the actual
number of flights.

$900 million - $1.35 billion - total (including development) costs
since the inception of the shuttle program, assuming 4 or 8
flights/year and operations ending in 2005 or 2010.

$1.6 billion - total costs through 1992 spread over the actual
number of flights through 1992.

For more detailed information, see the Aviation Week Forum article by
Roger A. Pielke, Jr.: "Space Shuttle Value Open To Interpretation", July
26, 1993, pg. 57.

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