More From Eric Dixon at

Support Independent Investigations With Bitcoin:
Send Bitcoin Here: 171GMeYRD7CaY6tkXs8dSTjLbAtFazxhVL

Top 50 Twitter Rank of Worldwide Startup Advisors For Much of 2014
. Go to my professional site for solutions to your legal, business and strategic problems. The only lawyer who is a co-inventor of multiple, allowed-for-grant patents on blockchain technology!!! Blockchain and Digital Currency Protocol Development --
Top Strategic Judgment -- When You Need A Fixer -- Explore Information Protection and Cryptographic Security -- MUST-WIN: JUST DON'T LOSE -- SURVIVE!: Under Investigation? Being Sued? Handling Extreme Stress -- Corporate Issues -- Startup Issues -- Investor Issues -- Contracts To Meet Your Needs -- Opposition Research -- Intellectual Property, Media and Reputation Issues -- Independent, top-notch legal, strategic and personal advice -- Extensive ghostwriting, speechwriting, book writing, issue research, press and crisis management services. Listed by American Bar Association's Law Bloggers (Blawgers). Contact European Union audiences: This site uses a third party site administrator which may use cookies but this site is intended for AMERICAN clients and prospective clients only!

Monday, August 24, 2009

Lesson to Madoff: Don't Cry Wolf!

A spokesman for the Bureau of Prisons denied that uber-Ponzi-scheme-artist Bernard L. Madoff has cancer or is somehow not expected to live long.    This is in response to an apparently poorly-sourced New York Post report this morning which now seems to have been based on the say-so from an inmate.

Perhaps the Post saw an opportunity to snag a scoop, but jumped the gun and didn't vet its source properly (if at all).   Its credibility takes a big hit today.   The Post used to be a credible newspaper, in the days of Alexander Hamilton and before the first reign of Rupert Murdoch.  Even now during Murdoch II, it still retains many fine investigative reporters covering its business and politics beats.   But this gaffe evokes memories of the "Headless Body in Topless Bar" headline from the 1970s.   Today, the Post goes to the bottom of the bird cage.  Save your fifty cents.  (Mortimer Zuckerman is cackling today.)

Lesson to Madoff:  Any effort at sympathy will demonstrate more of the chutzpah your lawyers already demonstrated (in asking for a sentence of 10-12 years) and which resulted in you getting the max (150 years, or 100% of what the government proposed) at sentencing.  If you're unhappy, appeal it so your victims can revel in your smackdown by the Second Circuit.    

On the other hand, when your top-dollar lawyer gets you no value-added at sentencing, even after you've pled guilty and offered "assistance" to the authorities, maybe your faith in your counsel is shaky.  Earth to Madoff:  there are thousands of underemployed lawyers out there, and some of them actually know what they're doing and would love a challenge.

Eric Dixon is a New York lawyer and strategic analyst who engages in crisis management and other matters. Mr. Dixon cautions readers that this article is not legal advice. Mr. Dixon may be contacted for further comment through, or at 917-696-2442.

No comments:

Post a Comment