When you realize that all the money you had been socking away into investments, has already been spent by someone else. Also, that you would have been better off to have spent it all on really dumb stuff like a Corvette, motorcycles, boats, all sorts of big-boy toys; now all you have is basically, nothing.
by Guido1 February 21, 2009
Get the Madoff moment mug.The proper way to refer to the Maloof brothers. Considering they would move the Sacramento Kings to Las Vegas in a heartbeat if they could, speaking of them while using this word is more than appropriate.
Those Magoofs sure know how to make money on their investments. Too bad they don't know how to build a basketball franchise.
by hollowpnt October 16, 2008
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MAGOFF
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• maguffin
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Frank was found guilty for commiting double homocide of the first degree. The judge decided to give him a Bernie Madoff.
by Angry Rhino July 6, 2009
Get the Bernie Madoff mug.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
Get the Bernie Madoff Bargain mug.A wake-up call to learn how to invest your own money instead of relying on others to do a worse job than you could have done guessing.
by UltimateFakePunk December 26, 2008
Get the Bernie Madoff mug.The term used by Philadelphians for anyone in a position of power, authority or prominence. Usually said as a phrase, "big mahoff."
by Happy Day January 22, 2009
Get the Mahoff mug.noun, verb, Madoffed, Madoffing.
–verb
1. To scam and completely screw over someone financially, especially in cases where a Ponzi scheme is involved.
-noun
2. A person who scams and screws over other people financially often with the use of a Ponzi scheme.
–verb
1. To scam and completely screw over someone financially, especially in cases where a Ponzi scheme is involved.
-noun
2. A person who scams and screws over other people financially often with the use of a Ponzi scheme.
Example 1 (verb):
Guy 1: "He told me it was a good investment so I put all my money into it. It turns out the guy was a crook running a Ponzi scheme. My whole life savings is gone."
Guy 2: "Man! He Madoffed you good!"
Example 2 (noun):
Guy 1: "A couple months ago I gave him a thousand bucks."
Guy 2: "Why? Are you retarded?"
Guy 1: "He said his grandma was in the hospital and he really needed the money. Plus he said he'd pay me back in a week. It's been three months now and he still hasn't paid me back."
Guy 2: "You should have known he was a Madoff. You know he spent all that money on crack the same day you gave it to him."
Guy 1: "He told me it was a good investment so I put all my money into it. It turns out the guy was a crook running a Ponzi scheme. My whole life savings is gone."
Guy 2: "Man! He Madoffed you good!"
Example 2 (noun):
Guy 1: "A couple months ago I gave him a thousand bucks."
Guy 2: "Why? Are you retarded?"
Guy 1: "He said his grandma was in the hospital and he really needed the money. Plus he said he'd pay me back in a week. It's been three months now and he still hasn't paid me back."
Guy 2: "You should have known he was a Madoff. You know he spent all that money on crack the same day you gave it to him."
by Beavis Comeavis January 9, 2009
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