Monday, September 14, 2009


BANZAI7 NEWS--After a couple who lost money in Bernard Madoff's Ponzi scheme surrendered their oceanfront home to Wells Fargo, neighbors saw one of the bank's executives spending weekends in the $12 million beach house and hosting parties there, the Los Angeles Times reported Friday.

Federal Marshals have invited the Malibu couple to stay for a week at the Madoff Montauk Beach house which is a naugahyde lovers wet dream.

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