you cant trust ANYBODY. I work in a place infested with snakes and demons who stab you in the back then smile at you showing their teeth when you have the misfortune of being face to face in their company. I just have to build my resilience to face each working day and thank God or whoever for the love and support of my dear family!
Saw this in 2018, and hope he and other former employees are doing better. Given how (justifiably) angry everyone was after the news broke, if an employee had known something, they would have been prosecuted. So unfair to hold others with much less knowledge and power than government regulators responsible for their bosses actions.
@Michael Moretti I think he was talking about the small fish. You cant really prosecute the small fish cause they would just use the "I was just doing what I was told" defense.
@Michael Moretti Ok psycho, calm down with the caps. I didnt say it was OK or legal. I simply said why none of the small fish are prosecuted. I agree, everyone should have been charged. Including the government. The SEC was warned for decades, and ignored it. Oh sure, there was a big to do on capitol hill with the hearings, but not a single person was charged. I think its disgusting. Jesus... try decaff, man.
@Michael Moretti Youre using all caps, profanity, multiple copies of the same character, multiple posts like 2 seconds apart. Just dont want you to get riled up. You can have a heart attack that way :)
My sister lost her job because she was a lifelong friend of the daughter of a man who turned out to be a fraud. They made it look like she'd quit so they didn't have to pay unemployment. The result was that she spent two years couch surfing and car sleeping with her two boys, then 7 and 13, in tow. She tried to home school them, but really, they went two years without education, the older boy working off the books at odd jobs. She's back in housing now and has four minimum wage jobs, but the family has shattered. Husband divorced her, older boy is basically a hobo, wanders the country taking short term jobs, younger boy is truant from school, gotten into drinking, smoking cannabis, is out of control. Her health is poor so that all she does is work, eat, shower, sleep. I'm not much better off, so can't help her in any practical way. There are no other family left. When you're poor, you don't have friends.
I have a lot respect for this man standing firm,,and trying his best with the hand he has!!!! Thank God his wife stood by him during Tuff times!!! A lot of women might have left,with the kids.
@@kevinluh5086 I had a grammar school principal who was a United States Navy liaison officer stationed in Saigon in 1967-1968. He was the connection to troops in the field. He was later a member of the United States Navy reserve. In his office he had had his uniforms on a coat rack. I would give the guy a job if I was a hiring manager at your friendly neighborhood supermarket.
That sucks. But that's why you should never turn a blind eye to something fishy in your company. Like those employees who worked at Wells Fargo and knew they were stealing from customers. Yes, they probably felt pressured and didn't want to find another job. But wouldn't it be better to find a new job before a scandal breaks than after?
you can't turn a "blind eye" to something you have no idea is happening. He had no reason to suspect anything fishy was going on, he worked on the 19th floor which is where the two son's ran their legitimate trading business that their father used to hide behind as a shield if you will. He ran his illegal shady scheme two floors down on the 17th floor that no one had access to, not even his sons.
Bernie Madoff kicked the bucket. There is now closure. If was the hiring manager of a company I would give them a job. He can go to the local union hiring hall and get a membership card and he can get a job.
I agree. I am wondering how he is doing? I hope he found an employer who is sympathetic and give a chance to work and get a paycheck. Everyone is entitled to a second chance.
alot of people lost their jobs, my dad lost his job two years ago and hes giving up about the idea of getting a job, but he invested some of his money and hes now fine, but doesnt mean that he doesnt need a job
I know someone who is a military. He lost a job with a company that went defunct. He spent twenty years in the United States Army retiring at the rank of Master Sergeant, he has his pension to fall back on. but he has a job at grocery store.
It is amazing that all those employees didn't question the fact that Madoff had returns of 20% a year even in years the market went down. Most people working in the financial industry have little understandting of their industry. If it is too good to be true, it most likely is not true. Most mutual funds do worse than the S&P 500 yet Madoff consistently beat it. Also, don't invest your money in the company you work for because if the company fails, you lose you money and job. When I worked for a hospital, I didn't put my company 401k match in company stock.
If there wasn't any buying or selling stocks what did any of the employees actually do all day long in that place. What exactly was on those computers?
Why can't they hire Madoff employees? Why does the entire building need to be punished? If they weren't arrested then what does it matter? What a crock of shit.
You have a beautiful family - I'm hoping for your getting a job; and you're honorable or you would n't have Madoff on your resume. Salutes and hugs to the family and you. family is everything.
It would take an unusually courageous bank or investment firm executive to hire an ex-Madoff employee as he is taking a big chance with their high salary job. Their judgment would be suspect if the ex-Madoff employee did not work out. I used to work with a banker who went on to work with Allen Sanford, the fraudster. My ex-colleague only worked for Sanford for several months but he was tarnished and he did not get another banking job and he almost went bankrupt.
Dude, make your own job. Find a way to start your own business. What have you been doing since you lost your job? Go to school, read up, find a job, ANY JOB, and stop living like a dummy off food stamps, unemployment, and coupons. I wouldn’t hire him because he’s proven he isn’t creative and certainly not a problem solver.
There is a reverse blacklist. Things cool down. I was banned from a Chili's restaurant location that went defunct but I was able to go to other restaurants without a problem.
I wouldn't hire them or want them working on my team in any way. Doesn't matter if they were unaware of the fraud or working upstairs at the market firm or not. Once one of our clients or investors finds out their past employment at Madoff, they will instantly drop your services or pull out of any contract.
Here’s the thing it’s not a point of hiring an employee who is dishonest. You are looking at the risk of already having an employee who had direct connect to the billions lost bc of Madoff. Could cause for huge office turmoil.
People that are on the inside feel good and believe they are part of a special club. Then the proverbial S hits the fan and guess what. It's time to move on.
I can't blame prospective employers; how could one possibly vet these individuals? You can't possibly sort out those who were complicit from the truly innocent. If any business hired a ex-Madoff employee and that person committed fraud, theft, or embezzlement the management could be held liable for negligence.
They couldn't get a job in the fiduciary field ie Fidelity, Charles Schwab, Merrill Lynch or a bank Bank Of America, Wells Fargo, U.S. Bank, Citibank, SunTrust or a credit union. They can get a job as a grocery store clerk at Safeway, Kroger, Albertson's, Meijer, etc. It's a union job and they have benefits.
@@kimberlykluckow2226 There's no way Madoff was making statements and printing them out, and mailing them by himself. Sometimes he was gone for months and still kept the scheme going. Of course the employees are going to say they didn't know.
@@MeneTekelUpharsin yeah the employees that took care when he was gone was the few people on the fourth floor who were the only ones who knew about the scheme
John needs to go apply for jobs that are below his capability and his qualifications, pay his dues and once more work his way up the ladder from there. Two years and cant find a job? Thats highly irregular.
That's what I did, I walked across the street and took a job at a grocery store. After I got over my "embarrassment" I decided I liked it, worked my way up to a good position and retired from there.
@@redriveral2764 I do admire you for that. I remember a Marine who was at Camp Pendleton in California, he made a sassing remark about Obama's socialist ideas which he did not like. He got a dishonorable discharge but he got a job as a driver and is a member of the Teamsters Union. He has since got dishonorable discharge reversed thanks to a retired Army lawyer who case for free ie pro bono and then President Donald Trump. He was able to get Veteran benefits EG no money down on a house and getting medical treatment at the VA Veterans Affairs. He got everything through someone at the local lodge of the Veterans of Foreign Wars.
He should’ve chosen a different career path and just kept it moving. I hope things are better for him and others who were innocently caught up in that horrible scam.
The Children Were Confused? You sir are confused. Resurrect your dignity‼️ 🤔 Open up your own door‼️ That’s what the rest of us 🇺🇸Patriots🇺🇸 do. Make a plan, exert effort, work hard, reach your New Goal, set a another one. You can do this if you want to‼️Get After It‼️
A lot of people think they're too good to do that. You'd be surprised. My mother didn't have anything saved. You can't look "poor folksy". My family thought I was awful for buying cheaper clothes for my kids and the two grandchildren I raised. There were two of us who did our money right. The other one has a paid for house, etc.
Very unfortunate. Low level, but were collateral damages or no direct connection or involvement with Madoff Ponzi Schemes, but yet getting punish something they didn’t do. On the other hand, if I running my business you can’t help but think bad publicity these unfortunate bring to your own company. Bad publicity is bad for business.
My brother lost his job because he was a friend of a friend whose uncle made some remark to a man who once sold a commercial to one of the companies that invested with a trader who took a call from an associate who had drinks with a partner of a firm that invested in a company director that once rode the same train as Bernie Madoff... small world man...
@@My_Lacrimosa I give them a second chance. Everyone deserves it. I see ads for car dealerships that talk about second chance financing. People do need cars to get around in. In Eastern Europe you are on a waiting list for up to ten years to get a car.
I don't understand this Did the people get premiums, or some money along the way? I know they thought he was buying stocks I don't understand how that makes them money (if it is invested)
you cant trust ANYBODY. I work in a place infested with snakes and demons who stab you in the back then smile at you showing their teeth when you have the misfortune of being face to face in their company. I just have to build my resilience to face each working day and thank God or whoever for the love and support of my dear family!
I know just what you are saying. Fortunately, I was able to retire in 2009. I get a half decent pension and have some savings. I was fortunate.
Poor guy. I wish him the best of luck.
sch001b0y he has a job now.
Saw this in 2018, and hope he and other former employees are doing better. Given how (justifiably) angry everyone was after the news broke, if an employee had known something, they would have been prosecuted. So unfair to hold others with much less knowledge and power than government regulators responsible for their bosses actions.
@Michael Moretti I think he was talking about the small fish. You cant really prosecute the small fish cause they would just use the "I was just doing what I was told" defense.
@Michael Moretti Ok psycho, calm down with the caps. I didnt say it was OK or legal. I simply said why none of the small fish are prosecuted. I agree, everyone should have been charged. Including the government. The SEC was warned for decades, and ignored it. Oh sure, there was a big to do on capitol hill with the hearings, but not a single person was charged. I think its disgusting. Jesus... try decaff, man.
@Michael Moretti Youre using all caps, profanity, multiple copies of the same character, multiple posts like 2 seconds apart. Just dont want you to get riled up. You can have a heart attack that way :)
@Michael Moretti Happy Fathers day sir, if it applies. Enjoy your day!
@Michael Moretti Where did you go? (I'm curious about the all caps profanity)
My sister lost her job because she was a lifelong friend of the daughter of a man who turned out to be a fraud. They made it look like she'd quit so they didn't have to pay unemployment. The result was that she spent two years couch surfing and car sleeping with her two boys, then 7 and 13, in tow. She tried to home school them, but really, they went two years without education, the older boy working off the books at odd jobs. She's back in housing now and has four minimum wage jobs, but the family has shattered. Husband divorced her, older boy is basically a hobo, wanders the country taking short term jobs, younger boy is truant from school, gotten into drinking, smoking cannabis, is out of control. Her health is poor so that all she does is work, eat, shower, sleep. I'm not much better off, so can't help her in any practical way. There are no other family left. When you're poor, you don't have friends.
go to 2020census.gov/jobs and apply; they are hiring
I have a lot respect for this man standing firm,,and trying his best with the hand he has!!!! Thank God his wife stood by him during Tuff times!!! A lot of women might have left,with the kids.
I hope this guy found a job. BTW Bernie Madoff kicked the bucket, two weeks before his 83rd birthday.
I hope this nice guy got a job and is doing well all these years later.
Enron people had the same problem
Praying for you and your family.
I wouldn't want a trader job after that. I hope that his circumstances had changed for the better.
Liaison to brokerage firms. This guy probably helped source new investors for the Madoff fund
Good point. I honestly don't feel sorry for him.
he didn't know! he doesn't deserve the treatment he's getting
@@kimberlykluckow2226 I give him a job if was a hiring manager. People survive working. How is he doing these days?
@@kevinluh5086 I had a grammar school principal who was a United States Navy liaison officer stationed in Saigon in 1967-1968. He was the connection to troops in the field. He was later a member of the United States Navy reserve. In his office he had had his uniforms on a coat rack.
I would give the guy a job if I was a hiring manager at your friendly neighborhood supermarket.
I pray these people can find jobs🙏🏼
That sucks. But that's why you should never turn a blind eye to something fishy in your company. Like those employees who worked at Wells Fargo and knew they were stealing from customers. Yes, they probably felt pressured and didn't want to find another job. But wouldn't it be better to find a new job before a scandal breaks than after?
you can't turn a "blind eye" to something you have no idea is happening. He had no reason to suspect anything fishy was going on, he worked on the 19th floor which is where the two son's ran their legitimate trading business that their father used to hide behind as a shield if you will. He ran his illegal shady scheme two floors down on the 17th floor that no one had access to, not even his sons.
What exactly was fishy madoff was audited by the SEC twice and they gave him a clean bill of health
Why doesn´t he look for a job at another sector?
Who said he didn't? How would you know what he did or didn't do?
Hello There I was a manager of a big box store I hire him no questions asked.
HM Sir Nicolas “Job Experience”
God bless you John and all those innocent employees of that thief!
I hope he found a job.
DONT BLAME EX WORKERS GIVE THEM A TRY GOD DID
Bernie Madoff kicked the bucket. There is now closure. If was the hiring manager of a company I would give them a job. He can go to the local union hiring hall and get a membership card and he can get a job.
Give the guy a chance.
I agree. I am wondering how he is doing? I hope he found an employer who is sympathetic and give a chance to work and get a paycheck. Everyone is entitled to a second chance.
Maybe his wife should get a job
As callous as it sounds, to basically persecute employees is worst. He didn't have money to invest.
alot of people lost their jobs, my dad lost his job two years ago and hes giving up about the idea of getting a job, but he invested some of his money and hes now fine, but doesnt mean that he doesnt need a job
I know someone who is a military. He lost a job with a company that went defunct. He spent twenty years in the United States Army retiring at the rank of Master Sergeant, he has his pension to fall back on. but he has a job at grocery store.
It is amazing that all those employees didn't question the fact that Madoff had returns of 20% a year even in years the market went down. Most people working in the financial industry have little understandting of their industry. If it is too good to be true, it most likely is not true. Most mutual funds do worse than the S&P 500 yet Madoff consistently beat it. Also, don't invest your money in the company you work for because if the company fails, you lose you money and job. When I worked for a hospital, I didn't put my company 401k match in company stock.
If there wasn't any buying or selling stocks what did any of the employees actually do all day long in that place. What exactly was on those computers?
I thought only the 17th floor was no trading
Half the company was legit but not making any money the other half was the scam
He worked for his market maker business..which was the real business..completely innocent man..hope hes employed now!
They should pull their money together and form their own compamy.
@chissiez1 He is retired and works for a major bank in the frauds division. He still has connections and he is writing a thesis on the Madoff case.
Don't put Bernie Madoff name on your resume! If ask for vacant time on resume you just put that you were just unemployed.
Lol what…
Why can't they hire Madoff employees? Why does the entire building need to be punished? If they weren't arrested then what does it matter? What a crock of shit.
If I was a manager of a big box store I would hire them no questions asked.
You have a beautiful family - I'm hoping for your getting a job; and you're honorable or you would n't have Madoff on your resume. Salutes and hugs to the family and you. family is everything.
term limits can be devastating. it is never easy to change.
What I don’t understand is, if he’s is cooking books, what are those employees doing, does he have separate legitimate business
The Madoff sons ran the investment trading part of the business which was considered a legal operation.
It would take an unusually courageous bank or investment firm executive to hire an ex-Madoff employee as he is taking a big chance with their high salary job. Their judgment would be suspect if the ex-Madoff employee did not work out. I used to work with a banker who went on to work with Allen Sanford, the fraudster. My ex-colleague only worked for Sanford for several months but he was tarnished and he did not get another banking job and he almost went bankrupt.
Dude, make your own job. Find a way to start your own business. What have you been doing since you lost your job? Go to school, read up, find a job, ANY JOB, and stop living like a dummy off food stamps, unemployment, and coupons. I wouldn’t hire him because he’s proven he isn’t creative and certainly not a problem solver.
Bella Bijou he can get into selling cars, houses or something that will give you good money.
On the surface they are friendly yet deep down they are ruthless and calculating but once black listed they are history
There is a reverse blacklist. Things cool down. I was banned from a Chili's restaurant location that went defunct but I was able to go to other restaurants without a problem.
Which church?
I wouldn't hire them or want them working on my team in any way. Doesn't matter if they were unaware of the fraud or working upstairs at the market firm or not. Once one of our clients or investors finds out their past employment at Madoff, they will instantly drop your services or pull out of any contract.
Here’s the thing it’s not a point of hiring an employee who is dishonest. You are looking at the risk of already having an employee who had direct connect to the billions lost bc of Madoff. Could cause for huge office turmoil.
This is tragic
People that are on the inside feel good and believe they are part of a special club. Then the proverbial S hits the fan and guess what. It's time to move on.
I can't blame prospective employers; how could one possibly vet these individuals? You can't possibly sort out those who were complicit from the truly innocent. If any business hired a ex-Madoff employee and that person committed fraud, theft, or embezzlement the management could be held liable for negligence.
They couldn't get a job in the fiduciary field ie Fidelity, Charles Schwab, Merrill Lynch or a bank Bank Of America, Wells Fargo, U.S. Bank, Citibank, SunTrust or a credit union.
They can get a job as a grocery store clerk at Safeway, Kroger, Albertson's, Meijer, etc. It's a union job and they have benefits.
The fact that no one said anything. Someone had to know what was going on.
no, barely anybody knew, not even his employees knew
@@kimberlykluckow2226 There's no way Madoff was making statements and printing them out, and mailing them by himself. Sometimes he was gone for months and still kept the scheme going.
Of course the employees are going to say they didn't know.
@@MeneTekelUpharsin yeah the employees that took care when he was gone was the few people on the fourth floor who were the only ones who knew about the scheme
@@kimberlykluckow2226 A guy named Harry Markapolis went out and played Judas to the SEC Securities and Exchange Commission
@@MeneTekelUpharsin I guess they were like Sergeant Hans Schultz from the TV show Hogan's Heros. "I know Nutting, Colonel Hogan"
He must have known. Or at least have some suspicion.
Did he get a new job?
Stephanie Dacres I hope he did get one.
you all have perfect english. Become an english teacher and travel the world
you don't get paid to do that... you have to pay to do that and the compensation you get doesn't even compare to the placement fees
He should find another career, not coupon expert or food stamps.
I would not employ him if I own any financial type of business.
bob See he can get a union job.
Madoff had 150 employees and he was over staffed so he could look like a rock star.
i'd hire him. he had to have been good to work for madoff.
S Hyde same here I give him a job.
so sad
John needs to go apply for jobs that are below his capability and his qualifications, pay his dues and once more work his way up the ladder from there. Two years and cant find a job? Thats highly irregular.
Marina Chow he now has a job. he is a member of the teamsters union.
That's what I did, I walked across the street and took a job at a grocery store. After I got over my "embarrassment" I decided I liked it, worked my way up to a good position and retired from there.
@@redriveral2764 I do admire you for that. I remember a Marine who was at Camp Pendleton in California, he made a sassing remark about Obama's socialist ideas which he did not like. He got a dishonorable discharge but he got a job as a driver and is a member of the Teamsters Union. He has since got dishonorable discharge reversed thanks to a retired Army lawyer who case for free ie pro bono and then President Donald Trump. He was able to get Veteran benefits EG no money down on a house and getting medical treatment at the VA Veterans Affairs. He got everything through someone at the local lodge of the Veterans of Foreign Wars.
@@frankdenardo8684 He's a real socialist now. Obama has nothing on him. lol
He should’ve chosen a different career path and just kept it moving. I hope things are better for him and others who were innocently caught up in that horrible scam.
$125k for 10 years isn't chump change, especially back then. Feel for the guy.
It's heart breaking.....I'm do very sorry 😢😢😢
The Children Were Confused? You sir are confused. Resurrect your dignity‼️ 🤔 Open up your own door‼️ That’s what the rest of us 🇺🇸Patriots🇺🇸 do. Make a plan, exert effort, work hard, reach your New Goal, set a another one. You can do this if you want to‼️Get After It‼️
Getting a job is as easy as going to the baseball game and getting yourself a beer and a hot dog. That will set you back at ten dollars each.
IMAGINE NOT BEING RELATED TO BERNIE MADOFF BY BLOOD, BUT IMAGINE HAVING A NAME LIKE HIS.
Yes I agree not to hire these people, I wouldn't last even a day working for a conman.
They are going to give back what they stole too
God bless them all!!!
they real stupid to put Madoff on the resume
He must not have a soul. He will probably live to be a lonely old man. Destroyed his and so many others lives???
Bernie burned a lot of people and Madoff with everybody's money his name suits him well 🤣🤣🤣
Groucho Marx would be proud. "Would not join a club that would not accept me as a member" Groucho Marx
how is it they saved nothing!
A lot of people think they're too good to do that. You'd be surprised. My mother didn't have anything saved. You can't look "poor folksy". My family thought I was awful for buying cheaper clothes for my kids and the two grandchildren I raised. There were two of us who did our money right. The other one has a paid for house, etc.
Very unfortunate. Low level, but were collateral damages or no direct connection or involvement with Madoff Ponzi Schemes, but yet getting punish something they didn’t do. On the other hand, if I running my business you can’t help but think bad publicity these unfortunate bring to your own company. Bad publicity is bad for business.
@sch001b0y I have a friend who works for the Secret Service and he can get him in the Witness protection program and he gets a new name.
My brother lost his job because he was a friend of a friend whose uncle made some remark to a man who once sold a commercial to one of the companies that invested with a trader who took a call from an associate who had drinks with a partner of a firm that invested in a company director that once rode the same train as Bernie Madoff... small world man...
you get what you sow
I guess if you work for a crook, people assume your a crook as well. Never thinking your just a little bit naive.
Timelessmusic Familymusic never judge a book by it's cover and don't pre judge a person.
Both make you unhireable and these people shouldn't get a second chance
@@My_Lacrimosa I give them a second chance. Everyone deserves it. I see ads for car dealerships that talk about second chance financing. People do need cars to get around in. In Eastern Europe you are on a waiting list for up to ten years to get a car.
Should we feel bad
Dud he find a job?
Grab a shovel theres lots of working man jobs plus you will get in shape
Gravy chain is over now I have to eat honey and rice
Wow, poor guy, what a drag
They all knew what was going on, always. A real snake pit!!
Not necessarily the lower echelon employees.
They are bad karma
Geld
Owned lol
I don't understand this Did the people get premiums, or some money along the way? I know they thought he was buying stocks I don't understand how that makes them money (if it is invested)