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Tuesday, March 16th, 2010

Scary Halloween Costume: Bernie Madoff

October 21, 2009 by Miranda Marquit  
Filed under Finance

We all know that Bernie Madoff managed to embody what is wrong, in a lot of cases, with our system. He also illustrated what happens when consumers rely too much on what their brokers tell them. In the end, it’s best to keep it simple, and 3414016402_3acd30693atake care of your own investing, through low-cost mutual funds, index funds and ETFs. Yes, you can still lose (it happens with any investment), but you have less of a chance of being swindled.

For many, Bernie Madoff became the face of evil. And that is precisely why Halloween costume masks in the likeness of Bernie Madoff are doing pretty well this year. The New York Daily News reports that thousands have been distributed throughout the country, and that some people are more than happy to dress up as this infamous character. Some costumes even include orange jumpsuits and handcuffs.

While Bernie Madoff is not likely to outsell Michael Jackson costumes this year (there’s another celebrity with money problems), he’s still getting some play.

Are you dressing up for Halloween this year?

Image souce: Steve Rhodes via Flickr

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