Recession Pain, Even in Palm Beach (And Madoff Effect): Multi-Millionaires Wiped Out

people from palm beach are weird. weird weird weird.

I got some steals at macys in west palm last time I was down there. a lacoste polo for 35 bucks and buffalo jeans for 30. its not wool pants, but I'm not a pb type so..
 
Quote from ByLoSellHi:

I get the impression that Madoff had almost no Gentiles who invested with him. In fact, he may have had zero Gentile clients.

If so, this makes Madoff even more of a curious person. He almost seemed to go out of his way to prey on fellow Jews, including non-profit Jewish organizations such as Yeshiva University and even Elie Weasel.

The article alludes to the fact that there is a sense of schadenfreude among Palm Beach's non-Jewish residents that so many Jews got burned in the whole Madoff mess.

Madoff scammed his fellow Jews because he found it easier than ripping off 'gentiles' with whom he would be less comfortable and who would be more inclined to be suspicious of him beause he's Jewish. He seems to fit the classic sociopath profile except that he is rumored to have pleaded guilty in order to spare 'people he cared for'. The sociopath isn't supposed to care for anybody except himself so there's a bit of a contradiction there.

Sometimes I wonder about this whole sociopath concept; so often we find the cold-blooded, predatory charmer has some person(s) in the background that he truly cares for.

For sure there's a ton of schadenfreude operative on the other side of the tracks but if the so-called 'gentiles' had been the victims there'd be just as much nasty satisfaction on the part of the Jews. It's classic Them and Us.
 
Quote from ByLoSellHi:



“A guy stood right there and cried,” says Mr. Neff, pointing at a table covered with $800 cashmere cable knit sweaters. “And he told me he’d lost it all, his wife lost it all, his daughter lost it all. He said to me, ‘I had everything with Bernie.’ ”
I'm starting to like this Bernie character..
 
Quote from milktruck:

people from palm beach are weird. weird weird weird.

I got some steals at macys in west palm last time I was down there. a lacoste polo for 35 bucks and buffalo jeans for 30. its not wool pants, but I'm not a pb type so..


I just flew back from NYC and I flew out of JFK and I got there rather early so I got to watch a flight going from NYC back to West Palm Beach, it was an interesting group of people flying I will say that. A lot of very wealthy looking older people wearing obnoxious print clothing. I have never been to Palm Beach does naybody here have any commentary on it?
 
I grew up in different parts of south fla including the island of palm beach. Went to a small private school there as well. There is a enormous divide amongst the wasp and the jews on the island. Being a wasp myself I can guarantee that there are plenty of merdoff/jew jokes being told this season at island parties. It's not right but many do have that "you deserve it" attitude.
 
Quote from Rtrader2525:

I just flew back from NYC and I flew out of JFK and I got there rather early so I got to watch a flight going from NYC back to West Palm Beach, it was an interesting group of people flying I will say that. A lot of very wealthy looking older people wearing obnoxious print clothing. I have never been to Palm Beach does naybody here have any commentary on it?

It sucks. Bunch of pretenders. The real money is north in Stuart and Hobe Sound. Lotta cons go on there. This was just Mega, but they've been going on for years.

I had a customer from there years ago who told me "I don't know when I meet people if they like me, or my money." I was thinking, "it's your money. Definitely your money."
 
Quote from Rtrader2525:

I just flew back from NYC and I flew out of JFK and I got there rather early so I got to watch a flight going from NYC back to West Palm Beach, it was an interesting group of people flying I will say that. A lot of very wealthy looking older people wearing obnoxious print clothing. I have never been to Palm Beach does naybody here have any commentary on it?

P1240996.jpg

Worth-Avenue-800.jpg

thebreakers.jpg

1391983.jpg
 
Quote from Rtrader2525:

I just flew back from NYC and I flew out of JFK and I got there rather early so I got to watch a flight going from NYC back to West Palm Beach, it was an interesting group of people flying I will say that. A lot of very wealthy looking older people wearing obnoxious print clothing. I have never been to Palm Beach does naybody here have any commentary on it?

P1240996.jpg

Worth-Avenue-800.jpg

thebreakers.jpg

1391983.jpg
Donald-Trump%27s-$125-million--Palm-Beach,-FL--estate-for-sale-719793.jpg
 
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