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Special Reports
Is Madoff the tip of a money laundering pyramid in
Israel?
By Wayne Madsen
Online Journal Contributing
Writer
Jan 14, 2009, 00:19
(WMR)
-- The U.S. District court for the Southern District of New York
seems intent on keeping ex-NASDAQ chairman and $50 billion Ponzi
scheme swindler Bernard Madoff confined to his Upper East Side
Manhattan luxury home and not in a federal lock-up.
Two judges in the New York federal circuit, Theodore
Katz and Ronald Ellis, have ruled that Madoff should stay in his
town house and out of prison.
Attorney General Michael Mukasey, whose son Marc
Mukasey of the law firm Bracewell & Giuliani represents Frank
DiPascali, one of the Madoff cronies, once served on the federal
bench with Katz and Ellis in New York. Katz was appointed by George
H. W. Bush while Ellis, an African American, was appointed by
Clinton.
WMR previously reported that Madoff is suspected of
transferring much of his ill-gotten gain to Israeli banks,
including one, Bank Leumi, that Madoff associate J. Ezra Merkin
bought from the Israeli government when Ariel Sharon was prime
minister and current Prime Minister Ehud Olmert was finance
minister.
Almost forgotten in the Madoff scandal is another
scandal in which Morris “Moshe” Talansky, a New York businessman,
admitted that he gave Olmert $150,000 in cash contained in
envelopes. The scandal forced Olmert to announce that he was
stepping down as prime minister but not before he launched a
genocidal attack on Gaza.
Las Vegas billionaire Sheldon Adelson, who is a major
donor to the Republican Party, has also given generously to Likud
chief and prime minister-hopeful Binyamin Netanyahu, who hopes to
succeed Olmert as prime minister.
Madoff, Talansky, Merkin, Olmert, Netanyahu, Adelson,
one-time top GOP lobbyist Jack Abramoff and his associate Adam
Kidan, Rahm Emanuel, and all their comrades in Washington, Tel
Aviv, Jerusalem, London, Ottawa, and Paris brings to mind the
Hebrew saying “ba’al ha’mea ba’al ha’dea” or “the one with
the money calls the shots” or even more telling, “he who has the
gold makes the rules.”
Previously published in
the Wayne Madsen Report.
Copyright © 2008
WayneMadenReport.com
Wayne Madsen is a Washington,
DC-based investigative journalist and nationally-distributed
columnist. He is the editor and publisher of the
Wayne Madsen
Report (subscription required).
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