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Current Events => Breaking News => Topic started by: bijou on June 29, 2009, 12:48:21 PM

Title: Madoff Slammed With 150-Year Sentence
Post by: bijou on June 29, 2009, 12:48:21 PM
(http://wwwimage.cbsnews.com/images/2009/06/29/image5122142g.jpg)

Bernard Madoff, the former Wall Street financier that pleaded guilty to defrauding clients out of billions in an unprecedented Ponzi scheme, was sentenced to 150 years in prison Monday.

Applause broke out in the crowded Manhattan courtroom after U.S. District Judge Denny Chin issued the maximum sentence to the 71-year-old defendant, who said he sought no forgiveness and knew he must live "with this pain, this torment, for the rest of my life."

Chin rejected a request by Madoff's lawyer for leniency and said he disagreed that victims of the fraud were seeking mob vengeance.
...
Title: Re: Madoff Slammed With 150-Year Sentence
Post by: Wineslob on June 29, 2009, 04:06:52 PM
150 or 15 years, it's not gonna make much of a difference.      :evillaugh:
Title: Re: Madoff Slammed With 150-Year Sentence
Post by: JohnnyReb on June 29, 2009, 06:06:41 PM
Quote from: Wineslob on June 29, 2009, 04:06:52 PM
150 or 15 years, it's not gonna make much of a difference.      :evillaugh:

Look on the bright side....he dosen't have to worry about the kids bundling him off to the nursing home.
Title: Re: Madoff Slammed With 150-Year Sentence
Post by: 5412 on June 29, 2009, 08:08:16 PM
Quote from: bijou on June 29, 2009, 12:48:21 PM
(http://wwwimage.cbsnews.com/images/2009/06/29/image5122142g.jpg)

Bernard Madoff, the former Wall Street financier that pleaded guilty to defrauding clients out of billions in an unprecedented Ponzi scheme, was sentenced to 150 years in prison Monday.

Applause broke out in the crowded Manhattan courtroom after U.S. District Judge Denny Chin issued the maximum sentence to the 71-year-old defendant, who said he sought no forgiveness and knew he must live "with this pain, this torment, for the rest of my life."

Chin rejected a request by Madoff's lawyer for leniency and said he disagreed that victims of the fraud were seeking mob vengeance.
...

Hi,

If Madoff gets that kind of sentence, wonder what kind of sentence Fannie Mae and Freddie Mac....along with their co-conspirators should get.  They swindled the American people out of a whole lot more.

regars,
5412
Title: Re: Madoff Slammed With 150-Year Sentence
Post by: Mr Mannn on June 29, 2009, 11:18:01 PM
If only he had committed murder he would have been out in 6-20 years.
Title: Re: Madoff Slammed With 150-Year Sentence
Post by: Chris_ on June 29, 2009, 11:27:09 PM
Quote from: Mr Mannn on June 29, 2009, 11:18:01 PM
If only he had committed murder he would have been out in 6-20 years.

If only he had evaded his taxes, then he could be sitting pretty in the ReichsMessiah's cabinet.
Title: Re: Madoff Slammed With 150-Year Sentence
Post by: Chris on June 29, 2009, 11:45:54 PM
Quote
How To Survive In Federal Prison (http://www.wikihow.com/Survive-in-Federal-Prison)
Congratulations! You have been sentenced to Federal Prison. You will now become the property of the Bureau Of Prisons AKA: BOP. This will be the end of life as you know it and the beginning of a test of every known emotion and skill you ever had. As with most Federal sentences, you will most likely have many years during which to deal with this new life. It is time to focus on surviving and nothing else.

http://www.wikihow.com/Survive-in-Federal-Prison
The things you can find on the Internets.
Title: Re: Madoff Slammed With 150-Year Sentence
Post by: Peter3_1 on June 30, 2009, 09:58:54 AM
We live 18 miles from his Montauk house. So, he screwed more than one out here. Took EVERY PENNY from a widow here leaving her, literraly, with only SS to survive on.
Title: Re: Madoff Slammed With 150-Year Sentence
Post by: Chris_ on June 30, 2009, 11:14:59 AM
The length of the term is really meaningless.  Where's all that  :censored: money?