Alexandra Penney pontificates again

She, along with many others, lost her life savings with Madoff. Today, she was calling him a "sociopath."
http://www.nydailynews.com/money/2009/01/11/2009-01-11_author_who_lost_fortune_rips_bernie_as_a.html

But let's look at her first piece she penned when she found she had lost her money. It will speak for itself. Click on the other stories as she attemps to get your sympathy.

Last Thursday at around 5 p.m., I had just checked on a rising cheese soufflé in my oven when my best friend called.

"Heard Madoff's been arrested,” she said. “I hope it's a rumor. Doesn't he handle most of your money?”

Indeed, he did. More than a decade ago, when I was in my late 40s, I handed over my life savings to Madoff’s firm. It was money I’d been tucking away since I was 16 years old, when I began working summers in Lord & Taylor, earning about $65 a week. Not a penny was inherited. Not one cent was from my divorce. I earned all of it myself, through a long string of jobs that included working as a cashier at Rosedale fish market in New York City in my 20s, and later, writing bestselling sex books.

Before I reached for a bedtime Tylenol PM, I Googled the Hemlock Society. I wanted to know a painless way to die.

When I hung up with my friend, I turned on the TV and began to scour Google for news until the message became nauseatingly clear: Forty years of savings—the money I’d counted on to take me comfortably through the next 30 years—had likely evaporated in Madoff’s scheme.

THAT MOTHERFUCKER!! The soufflé fell.

I called Dennis, my consort of 16 years, and he canceled the dinner guests. I took half of a very strong tranquilizer that I’d been stashing for years in case of a death in the family.

My son, in his late 30s and my only child, called from California. “You can live in the back house, mom,” he told me, referring to the cottage behind his Santa Monica home. I was immensely grateful to the point of tears. But I am not going to be a burden to anyone. I never have been and I never will be.

I’d imagined living out my so-called Golden Years working on my art, living in my East Side apartment, and God forbid having to hire an aide should I ever need one. Now what will happen to me? The only thing I have left is the contents of one small bank account I’d saved for a rainy day. Terrifying thoughts of state-run old people’s homes and those slow-eyed attendants who drug you and strap you to wheelchairs suddenly became horribly vivid in my mind.

I had a great fear of being alone that night, and Dennis came right over. He walked in the door and gave me the biggest bear hug of my life and said, “Everything will be fine.” Dennis is a well-known artist, but the art market is dead, dead, dead, right now.

I began to think about my options: I’d have to sell the cottage in West Palm Beach immediately. I’d need to lay off Yolanda. I could cancel the newspaper subscriptions and read everything online. I only needed a cell phone. I’d have to stop taking taxis. And who could highlight my hair for almost no money? And how hard was it to give yourself a really good pedicure?

Then there is my jewelry. I’ve always collected nice watches and pearls. In the back of my mind I’d think, “Buy good stuff because if you're ever a bag lady, you can sell it.” It might have been a rationalization then—but here I am now: The nightmare may be coming true.

Before I reached for a bedtime Tylenol PM that night, I Googled the Hemlock Society. I wanted to know a painless way to die. Would you believe the Hemlock Society no longer exists?...

The Studio

I woke up Friday, the day after the news broke, at 4:46 a.m. in my pretty bedroom. (How much longer will I be able to stay here?) It takes a moment, but then I remember: Ohmygod, something TERRIBLE HAS HAPPENED! For several seconds I can't remember. And then: dear god! I HAVE NOTHING.

It is too painful to think I will lose my Florida cottage, maybe my studio. This is everything I have worked for.

I started out life as a painter. Since those days, my dream has been to have a studio to do the work I want to do, to be my own boss, to make the smartest art I can conceive.

I finally found my studio two years ago: a small SoHo space awash in light and sun and energy and hope.

I will almost surely have to give it up: It is an amputation I may not be able to bear. Not hearing the click of the key to "AP Studio" room 803 makes my thoughts turn to those sweet almondy cyanide capsules.

White Shirts and Telling Yolanda

I wear a classic clean white shirt every day of the week. I have about 40 white shirts. They make me feel fresh and ready to face whatever battles I may be fighting in the studio to get the best out of my work.

How am I going to iron those shirts so I can still feel like a poor civilized person? Even the no iron ones need touching up.

Yolanda makes my life work. She comes in three mornings a week, whirlwinds around, and voila! The shirts are ironed, the sheets are changed, the floors are vacuumed. She's worked with me for seven years and is a big part of my life. She needs money. She sends it to her family in Colombia. I have more than affection for Yolanda, I love her as part of my family.

On Friday, I tell her I have had a disastrous thing happen to me, but I don't have the guts to tell her I cannot keep her with me any longer. I'll wait till Wednesday.

How Will I Make Money?

The art market, as everyone pretty much knows, is dead. If I can't sell my work, I am going to have to find some way to make money.

I’ve lived a great and interesting life. I love beautiful things: high thread count sheets, old china, watches, jewelry, Hermes purses, and Louboutin shoes. I like expensive French milled soap, good wines, and white truffles. I have given extravagant gifts like diamond earrings. I traveled a lot. In this last year, I've been Laos, Cambodia, India, Russia, and Berlin for my first solo art show. Will I ever be able to explore exotic places again?

Since this happened last Thursday, I have barely left my apartment, I haven't been out for dinner; haven't bought groceries. Can’t remember the last time I ate a full meal. Food, which is one of my most favorite things in the world, has become meaningless. But I look on that as an upside.

Yesterday, I took my first subway ride in 30 years. Dennis came with me to show me how to get a MetroCard. The world looks very different from a crowded Lexington Avenue No. 6 train.
http://www.thedailybeast.com/blogs-and-stories/2008-12-17/the-bag-lady-papers/1/