2 ms·
I reply to my own comment because I can't edit it anymore, just to say that in fact there are many more similarities between Madoff and SBF than I first thought
by bambax 3y ago
I reply to my own comment because I can't edit it anymore, just to say that in fact there are many more similarities between Madoff and SBF than I first thought.
Madoff also had a legitimate business, the Ponzi was on the side; he was very generous to his employees, donated a lot to charities, gave/lent lots of money to his children; he liked to commute on private planes (at a time when this was quite uncommon); he was at the forefront of technology innovation and the software his legitimate firm developed, helped build NASDAQ; he was a prominent member of his community, testified to Congress, was a proponent of regulation", and an important political donor.
But in the end, he pleaded guilty and confessed, contrary to SBF.
So I don't think anymore that Madoff was "way worse" than SBF; in fact I think it's the opposite.