Love the note at the Madoff Trustee Site about Friday’s “Meeting of Creditors” in the auditorium of U.S. Bankruptcy Court in lower Manhattan:
The monster won’t be there. So, villagers, leave your torches at home. And that goes for your whips, chains, guns, and cudgels, too. And also the sick and helpless Americans who depended on their organizations’ investments with Madoff. Don’t bring them, because, as court-appointed trustee Irving Picard also notes:
For those of you who didn’t get snookered by Bernie, BLMIS stands for “Bernard L. Madoff Investment Securities.” Of course, the “investments” may not have existed, and if they did, they weren’t secure.
One more note: Cash will not be handed out at this meeting.