Happy Valentine's Day, everybody. What a fascinating thing this Madoff case is.
Stephanie, she was offered a civil suit (because they had nothing criminal against her) in which she would give up all her properties and houses, 80 million dollars in assets, the boats, the cars, the furniture, the art, her handbags, her jewelry, her china, "She would be giving away every treasured thing she had thought was hers."
They were married almost 50 years. The Ponzi scheme had run for 20. In return for her total surrender of everything she owned she would hand over 80 million dollars in assets. She would be allowed to keep 2.5 million dollars from the first 30 years of her marriage.
Everything personal down to hankies, etc., socks, bedroom shoes, anything that would sell, was auctioned off by US Marshals. All insured and uninsured personal property: everything they owned was auctioned. She kept used golf shoes, three used golf gloves, 30 miscellaneous used golf balls, 7 Ella Fitzgerald stamps found in a purse, and a 30 year old fur coat the US Marshal said they didn't think they could get a dollar for. The US Marshals made the decision on what sold.
She lost both her sons, one to suicide, one to cancer. She lost her husband when it was revealed he had lied to her too about mistresses. She lost her grandchildren because her sons sided against her for visiting her husband when he was attacked in prison, and told her to choose between them.
She lost her entire world.