1 definition by WeirdBlitzBoy
A sweet deal on a house or apartment, presumably in the general area of NYC or Palm Beach, which is a direct result of its owner having sustained a significant loss in the Bernie Madoff fraud.
Julianna: We just bought Julia's Palm Beach home last week for a fraction of what it's really worth, what a Bernie Madoff Bargain.
The poor woman was fleeced by Bernie and she needed to raise cash fast.
The poor woman was fleeced by Bernie and she needed to raise cash fast.
by WeirdBlitzBoy April 15, 2009