Saturday, February 21, 2009

A Really Sound Marriage

From the Motley Fool...

Just in time for Valentine’s Day, we get word of what sounds like a perfect partnership. Bernard Madoff’s wife, Ruth, allegedly withdrew about $15 million from the bank suspiciously close to the moment when her husband’s $50 billion Ponzi scheme came to light. Honey, you’re the best!

Ruth Madoff withdrew $10 million from Cohmad Securities (which, according to regulators, was "intertwined" with Bernie Madoff’s company) the day before her husband was arrested in December. A couple weeks beforehand, she had taken out $5.5 million.

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