A must-read review of Bernie Madoff’s Montauk love nest, now for sale by federal marshals

Dealbreaker’s Bess Levin, the funniest financial writer (I suppose that’s what she is) working today, has a take on Bernie’s Montauk digs that you really should read. Levin uses some salty language that I don’t often use on this blog (so that readers won’t identify me when they hear me in public), but if your delicate eyes can stand it, feast on this.

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4 responses to “A must-read review of Bernie Madoff’s Montauk love nest, now for sale by federal marshals

  1. Anonymous

    For such a big scammer he sure lived like crap with that cropduster plane and a dumpy primary apt

    Prob could have maintained same low std of living by just running his legal stockbroker/marketmaker “business”

    But money, legally-earned or ill-gotten, never bought taste

  2. Pete

    Second the fact that Bess Levin of Dealbreaker.com is one of the funniest and insightful writers covering Wall Street these days.

  3. Old School Grump

    I wish the article came with more than the one picture (Let me know if I somehow missed a link to more.)

    Looks to me like the place is best described as … boring … or ordinary … or undistinguished.

    But … so what? Why is that a bad thing?

    If your house is 150 feet from the surf, it makes a lot of sense to furnish it casually with stuff you don’t care about and can easily replace. For that same reason, why get carried away with a lavish kitchen or bathrooms when the likelihood of damage to the structure is so high? Seems like common sense to me. Plus some of us prefer a beach house where tracking in sand is considered normal and the atmosphere is relaxed, rather than grand.

    I’m kinda intrigued that Bernie and Ruth kept a relatively unglamorous beach house along with their trophy houses and club memberships and yachts and other show-off possessions. Who knows, perhaps it was the one place they could feel “off duty” from maintaining the lies that made up most of their lives.

  4. Wally

    I think Walter Noel’s homes are much better fodder if our interest is beating up the greedy.