Bernie Madoff, Pantless

Even if much of the estimated $65 billion lost by Bernie Madoff's investors never existed in the first place, Bernie has made operators of ordinary Ponzi schemes look insignificant. That's not exactly new news, but check out The New York Times article if only to enjoy the illustration of Bernie naked, (Remember what happens, according to Warren Buffet, when the tide goes out?)

Coincidentally, the Times also reports on Bernie's lost trousers, a $2,000 pair of worsted spun cashmere pants. Tailor made but unclaimed, they were recently for sale at Trillion, a Palm Beach store founded when overspending was in fashion.