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i invite everyone to read this article...

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  • i invite everyone to read this article...

    Dispatch: Reversal of Fortune

    <H3>In Palm Beach, Boston's Jewish elite created a glittering world that unwittingly helped make Bernie Madoff possible. Laurence Leamer reports from behind the winter retreat's manicured hedges on what it looks like now that the party is over.</H3>

    By Laurence Leamer

    Turning their Rolls-Royces and Bentleys over to the valets, the splendidly attired couples slipped behind high hedges and glided their way into the private precincts of Palm Beach's Club Colette. The 144 people who'd turned out for the evening's proceedings, a charity-dinner dance to benefit Brigham and Women's Hospital, included a veritable social register of Boston's Jewish elite. Every night during the Palm Beach season there is one extravagant party after another, but even by those standards, this one would prove impressive. Daniel Ponton, Club Colette's owner, wouldn't have had it any other way.


    http://www.bostonmagazine.com/articl...al_of_fortune/
    'to get what we've never had, we MUST do what we've never done'

  • #2
    Read.

    Infidelity does not consist in believing, or in disbelieving; it consists in professing to believe what he does not believe. Thomas Paine

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    • #3
      any thoughts...
      'to get what we've never had, we MUST do what we've never done'

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      • #4
        let's just say that i lived in boca raton for 6/7 years and i saw a lot of what was being described albeit not on THAT scale...i used to go to a gym called The Sports Club in Boca Raton and there were quite a few of those "financial investment advisors" and one or 2 mini scandals....

        at one point i read in a finance oriented magazine some years back that Boca was fast becoming the financial fraud capital not of FL but of the US. this was about 10-15 years ago.

        Infidelity does not consist in believing, or in disbelieving; it consists in professing to believe what he does not believe. Thomas Paine

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        • #5
          Just shows that walking around with 'head in air' is for fools!
          "Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has."

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