There is a similar story everywhere. here is one Shiite mercahant defrauding his own sect. The case should be that from every sect there will come a bourgeois that will screw his own sect so much so that the sect gets dissected. Was it Petras who said that Madoff did more anti zionist work in one shot more than fifty years of demonstrations by the left. By the way some newspapers say the amount is 2 billion dollars i.e. around 10 % of lebanese GDP and in US standards nearly 1.4 trillion. the lebanese Madoff had even built the biggest Mosque... "The case has drawn comparisons in Lebanon with that of Bernard Madoff, the New York failed financier whose multi-billion-dollar Ponzi scheme wiped out thousands of investors and charities worldwide. Madoff was sentenced in June to 150 years in prison."
http://www.dailystar.com.lb/article.asp?edition_id=1&categ_id=1&article_id=106048 BEIRUT: Lebanese authorities are holding in custody a prominent Shiite financier close to Hizbullah on suspicion of fraud after he invested hundreds of millions of dollars of other people’s money before declaring bankruptcy, judicial officials said Wednesday. Salah Ezzedine gave himself up to authorities earlier this week after declaring himself bankrupt. The officials said he was then taken into custody and is being investigated for possible crimes including "the fraud of large amounts of money." He has not been formally charged yet. State Prosecutor Saeed Mirza told As-Safir newspaper in comments published on Wednesday that the Ezzedine case was "under close scrutiny." However he regretted that the exact number of investors and the total of the losses could not be specified. "The matter needs some time," he said. According to Mirza, numerous lawsuits had been filed against Ezzedine and the sentence he could face for fraudulent bankruptcy is three to seven years in prison. "The sentence for negligence bankruptcy, however, is one to three years of prison," Mirza said. Media reports said the bankruptcy case was closely being followed by a number of Shiite figures in Lebanon including Speaker Nabih Berri, Hizbullah chief Sayyed Hassan Nasrallah and senior Shiite cleric Sayyed Mohammad Hussein Fadlallah. The case has drawn comparisons in Lebanon with that of Bernard Madoff, the New York failed financier whose multi-billion-dollar Ponzi scheme wiped out thousands of investors and charities worldwide. Madoff was sentenced in June to 150 years in prison. ________________________________ From: Jim Devine <[email protected]> To: Pen-l <[email protected]> Sent: Thursday, September 3, 2009 12:10:27 AM Subject: [Pen-l] query: Madoff Is it reasonable to believe that most of the people who Bernie Madoff ripped off were Jews? -- Jim Devine / "laugh if you want to / really is kinda funny / cause the world is a car / and you're the crash test dummy" -- Devil Makes Three. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
_______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
