The Bigger the RAT, the more CHEESE to sustain them.
source: http://news.yahoo.com/s/ap/20090112/ap_on_bi_ge/madoff_scandal
-
-
- gaiusfurius
- added this
The decision means Madoff will avoid having to leave the comfort of his $7 million penthouse and await trial in a cramped jail cell with nothing but bunkbeds, a sink and toilet. Madoff will remain under house arrest and under the constant watch of security guards.
The ruling further outraged investors who have been clamoring for Madoff to be sent to jail for allegedly carrying out the largest financial fraud in history. They find it shocking that Madoff is free on bail, despite distributing assets that could be used to help repay investors who lost billions.
Stephen A. Weiss, a lawyer for several dozen Madoff investors, said there "are people on the street who are very unhappy" with the ruling.
"There is a thirst for blood that transcends just those who have been victimized. There is a feeling ... that folks like Bernard Madoff get a different brand of justice than the guy in the street," Weiss said.
The judge acknowledged the huge public interest in the case, but said that sound legal considerations must take priority. He said that prosecutors failed to make a good enough argument that keeping Madoff free on bail represents an economic harm to the community.
"The issue at this stage of the criminal proceedings is not whether Madoff has been charged in perhaps the largest Ponzi scheme ever, not whether Madoff's alleged actions should result in his widespread disapprobation by the public, nor even what is appropriate punishment after conviction," Magistrate Judge Ronald L. Ellis wrote.
"The government fails to provide sufficient evidence that .................................
-
-
akamaial [removed]
-
http://www.businessweek.com/globalbiz/content/jan2009/gb2009017_807784.htm?campa... Isn't it heartwarming to know that corruption is world wide?
- 3 years ago
-
akamaial [removed]
-
-
akamaial [removed]
-
Actually, it has been reported that his son reported him to the SEC and other regulatory agencies
- 3 years ago
-
akamaial [removed]
-
-
Katanajon
-
akamaial:
Actually one time my little brother threw a dart and stuck it into my back, he panicked flew through the air ripped out of my back, ran in the house and told our mom I hit him in the face. I got spanked, he skated.
- 3 years ago
-
Katanajon
-
-
gaiusfurius
-
That is most certainly what I meant, something is keeping him out on $4400.00 bail, it ain't his good looks. Word is his sons might be the real culprits. But they did catch him trying to hide 300 million.
- 3 years ago
-
gaiusfurius
-
-
Katanajon
-
Rat means Federal informant guys, at least I think that is what he meant. There must be many fish as opposed to one big fish. EH???
- 3 years ago
-
Katanajon
-
-
akamaial [removed]
-
Indeed, greed overcame logic and common sense much to their amazement, my oh my!
- 3 years ago
-
akamaial [removed]
-
-
hydrokat
-
This is such horsepoop! This Creep should be locked up! Why are they kissing His arse? What about the Dude who killed himself over this? What an Insult to all the People involved. Another fine example of Our Justice System at Work here.
- 3 years ago
-
hydrokat
