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Somebody Knew Madoff Was Bad News

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Muammar Gaddafi last year.(Ernesto Ruscio/Getty Images)

Libya became so flush with cash that Bernard L. Madoff, the New York financial manager who stole billions of dollars in a long-running Ponzi scheme, approached officials overseeing the country’s $70 billion sovereign fund a few years ago about an “investment opportunity,” according to a State Department summary of the episode in 2010. “We did not accept,” a Libyan official reported.

-The New York Times

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That Qaddafi crew knows a gonif when they see one. We could learn a lot from the maniac. You can’t hold together a nation of bickering medieval warlords unless you have some innate talent. Hillary Clinton should go there and learn at the feet of the master.

‘Colonel Trojan Qaddafi’
Graphic Commentaries on the Middle East


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Somebody Knew Madoff Was Bad News

Quote of the day

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