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by Fran (fran at eurotrib dot com) on Wed Jul 15th, 2009 at 01:26:59 PM EST
Bernard Madoff transferred to Charles Ponzi's one-time prison - Telegraph
The $65bn fraudster is moved to Atlanta jail where man who gave his name to scam served out his time.

Convicted fraudster Bernard Madoff has been transferred to the same prison which once held legendary swindler Charles Ponzi.

Madoff, who was last month sentenced to 150 years after admitting to orchestrating a $65bn (£40bn) fraud, has been moved to the US Penitentiary in Atlanta.

by Fran (fran at eurotrib dot com) on Wed Jul 15th, 2009 at 01:38:18 PM EST
[ Parent ]
BBC NEWS | World | Americas | US smoker chokes on cost of habit

A man in the United States popped out to his local petrol station to buy a pack of cigarettes - only to find his card charged $23,148,855,308,184,500.

That is $23 quadrillion (£14 quadrillion) - many times the US national debt.

"I thought somebody had bought Europe with my credit card," said Josh Muszynski, from New Hampshire.

He says his appeals to his bank first met with little understanding, though it eventually corrected the error.

It also waived the usual $15 overdraft fee.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Wed Jul 15th, 2009 at 06:59:08 PM EST
[ Parent ]
Well perhaps after all the  the  bank support, the banks have decided that the whole scheme is much better privatised, cut out the government middle-man. Last thing you want in the US is accusations of socialism.

Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Thu Jul 16th, 2009 at 11:26:30 AM EST
[ Parent ]

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