Bernie Madoff

This weeks DBag of the week is an easy one. Thanks to the greedy a-hole Bernie Madoff. If you have not heard of this guy go ahead and turn on your TV. He is the jerk that over the past 40 years built a solid reputation on Wall Street just so he could gain the trust of some of the wealthiest investors in the world.

DBag Madoff decided that he was going to make a lot of money by any means necessary. So off he went, whispering sweet nothings of great returns and huge payouts to anyone with a pocket full of cash.

Large corporations, individuals, charities all became victim to Bernie and his lies. He took pensions, 401k's, savings etc... and promised returns that no one could offer. (There is some blame on the investors, if it is to good to be true...)

All told, DBag Madoff lost his investors about 50 Billion dollars. Families saving for retirement and working for companies that invested with him now have no savings and no jobs. (One family's story).

Mr. Thain, you are off the hotseat. You have been replaced by an even bigger Douche Bag, Bernie Madoff. I hope the authorities see fit to toss you in the good old FPMITA* prison for a long time.

(* Federal Pound Me In The Ass)