Some additional information is coming out today regarding Bernie Madoff's workplace environment; I bet there is plenty more where that came from. Anyway, CNN is reporting the following:
A new lawsuit alleges that convicted swindler Bernie Madoff financed a cocaine-fueled work environment and a "culture of sexual deviance," and he diverted money to his London, England, office when he believed federal authorities were closing in at home.
The complaint alleges that some employees and investors were aware of the drug purchases, and that BMIS [Bernard Madoff Investment Services] was known by insiders as the "North Pole" in reference to the excessive amount of cocaine use in the work place.
Isn't that nice? - the North Pole. Can't get more in the holiday feeling than that. I grew up watching those 1960s and 1970s holiday specials. Even a Jewish kid from Northeast Philly loves a good cartoon. Back then, you could only see them once a year too. That was before the age of videos and DVDs. My favorites were Charlie Brown, the Grinch, and Frosty.
Several years ago, Saturday Night Live featured a satire of those old clay-mation classics, and something about Bernie Madoff running the "North Pole" reminded me of it. I hope you enjoy:
