Madoff Trades for First Time in Thirteen Years - On a Topps Card

By Scott Reeves Mar 31, 2009 12:10 pm

Brief scrutiny of today's headlines.



How many Bernie Madoffs for your favorite baseball hero?

The market will decide.

Topps, publisher of sports trading cards, plans to add Wall Street swindler Bernie Madoff to a new subset of cards called the “world’s biggest hoaxes, hoodwinks and bamboozles.” Other baddies include Enron, the runaway bride, skyjacker D.B. Cooper and the granddaddy of sucker swindles, Charles Ponzi.

That puts Madoff right up there with baseball stars David Wright, Albert Pujols and Derek Jeter.

Privately held Topps isn’t the first to cash in on Bernie’s fame shame. Madoff turned swindling into an art form, so it stands to reason that a New York sculptor would turn good ol’ groovy Bernie into art. Palmer Murphy has made a fake bronze bust of Madoff that doubles as a piggybank. The catch: You drop money through the slop in the top of Bernie’s noggin, but you never see it again because the plug at the bottom is fake. Call it “the gift that keep on taking.”

Topps’ new trading cards will retail for $3 a pack at major retailers.

Earlier this month, Madoff pleaded guilty to 11 counts of fraud, including theft, money laundering and perjury. The scam cost investors billions. Madoff faces a maximum term of 150 years when sentenced June 16 - more than enough time to collect all the villains in Topps’ new trading cards.



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