Turning a Double into a Triple

First Blago, now Warren? 

The series of scandals over the past several days involving the President Elect by one degree of separation or another has grown to include the outrage by many in his political base at the invitation of conservative, anti-gay rights pastor and best selling author, Rick Warren, to give the invocation at his inauguration in January.

I'd argue that this is classic "wall of worry" material.  And I'm inclined to throw Madoff into this, as well, allegedly the sponsor of a massive Ponzo scheme that has managed to strip more than a few wealthy individuals, institutions and charities of much of that wealth.  Barry Ritholtz, who I interviewed recently for TradingMarkets, had an interesting theory on Madoff that I won't address here except to say that the possibility that Madoff could end up perceived as a victim of the greed of his alleged confessors truly would make him the perfect third to this trio of things that go bump in the night.