News

Madoff sentencing: Maximum sentence of 150 years

Image...
Bernard Madoff has been sentenced to 150 years in prison for his multibillion-dollar fraud scheme.
  1. groups:
    News,   Current Tonight,   News and Politics,   US News,   5 more
  2. tags:
    News and Politics,  News,  Economy,  US News, 17 more + add
ebindelglass
  • added June 29, 2009

39 comments // Madoff sentencing: Maximum sentence of 150 years

  •  

    Good.

    Xion
  •  

    Punch-line being.. the 'system' only took down one guy for this 'scheme' whereas everyone, including the SEC were in on it, bamboozled or not it's their job to identify discrepancies such as these, and over years and years no less. No one asked questions in the good times but now they fall back on their 'procedures'. People, we are mere minions to a federal system all intertwined below the conflicting branches of the CIA and Homeland Security.

    uberdeft
  •  

    This is great and all, but how bout all the other guys lobbying politicians into terrible legislation and who have taken all of the bailout money?

    dalirock21
  •  

    These crimes (huge financial white collar crimes) cause as much suffering and harm as murdering someone does (IMO, just my belief). I think such crimes should receive capital punishment

    cybexg
  •  

    150 years is just symobilic. At 70 years old, and being used to penthouses, he won't last 2 maybe 3 years in prison-if that, watch.

    robp24
  •  

    That's justice. Now tell us what will be done to the politicians in collusion with the bankers that bilked the taxpayers out of 700 plus billion?

    JanforGore
  •  

    The Gov should go after his family, make sure they lose all they got since all they got prob came from $$$ the patriarch stole from others.

    maizein
  •  

    Excellent. This scumbag deserves every single year of that 150 year sentence. However, there's still some unresolved issues.

    What about the individuals in the government that allowed this to happen? And is it possible for all of the victims of Madoff's actions to get some kind of compensation for what happened?

    PsychoAlan
  •  

    The stupid thing is that his wife keeps $2.5 million. Depending on her knowledge and involvement she should either be on the streets or in jail, not looking for a new house. But, I guess in the US if you steel enough money they will let your family keep some. That is BULL$HIT!

    chasingame
  •  

    Why can't we just lob his head off? Sure would save some tax dollars...

  •  

    Let's pushhim out of a plane with a parachute over North Korea and let them take care of him.

    Anacrusis
  •  

    This after-the-fact punishment is maddening.

    recommended by islek
    oomlaut
  •  

    Keep him in solitary until he tells where money went then put his wife and children in with him so they can live the lifestyle he and they earned.

    KCHARLES
  •  

    What about all the accomplices? He is not the only one! Just like other criminal cases, where just being in the wrong place at the wrong time can get you a life sentence! I would like to see other people who had knowledge of the scam get a little time with him!

    CELTIXSHAMROX
  •  

    now TAKE EVERY THING HE HAD an sell it to pay back the people he ripped off and then throw his OL'lady in the joint and sell every THING she has to pay back the people her OL'man ripped off and then and maybe just then the OTHERS will get the hint and won't try to pull that shit again remenber folks let them screw you once and they will treat you like a cheap whore

    bailey78
  •  

    Having merely taken advantage of others' greed, got over ambitious and should have quit before damaging so many others. ALL assets of family members and friends that can be recovered should be seized to pay at least some restitution to the older folks who just put their trust in his lies as they certainly don't deserve the "free" money - and it's bad enough that they all had several years to live "high on the hog" even if they were'nt aware of where the money was coming from... and if they did they are co-conspirators! Observing the behavior of most Federal and many other government agencies aligned with his - - - it seems to be almost an American tradition!!?
    30 days IN THE GENERAL POPULATION without any funds on the books would have been adequate.

    aJohnDoeHomeless
  •  

    I have a hard time feeling sorry for rich people... I know not all of the victims were 'wealthy', but come on. I'm not loosing sleep because you had to sell your heirloom jewelry to keep your high standard of living and send your brats to private university.
    As much as the rich consistently screw over the rest of us with impunity I am always amazed at the public's quickness to want to identify with them. People are loosing everything, food banks cant keep food in stock, and the wealthy keep growing in numbers and holdings. You do the math.

    banditalamode
  •  

    Living as though you are any different than Maddoff when you buy sneakers made by children in another country for pennys on the dollar is no different. He was playing with peoples money like every other stock broker does and they don't know what will come of that money or if it will produce dividends. I have been a victim of ponzi scheme crimes so I don't have sympathy for the man. I however would rather hard core drug dealers, pimps, and murders get that kind of sentence and the child molesters and rapists be castrated and given labotomies and spend the rest of their lives in a mental institution in a private cell with no windows and no visitors. That would be worse than any prison sentence. Maddoff is clearly disturbed that he thought he could get away with what he did. There shouldn't be an option for pleading insanity because anyone who commits the above mentioned crimes are clearly not of stable moral fiber and there for mentally ill in the first place.

    bleem411
  •  

    I would've been ok with 30 years. But I guess it's the thought that counts.

    wmorrison13
  •  

    I hope they make him slave away the rest of his life earning money to pay it back.

    bailey78
  •  

    sorry If I am not satisfied..fuck the jail term..this guy will walk out of this one in a a few years (come on..let history dictate)..not to mention this garbage would cost the people more money to keep.

    ..considering the size of the money he took and the amount of people that was destroyed HE SHOULD BE EXECUTED..

    GodsnLiberals
  •  

    The judge should have sentanced him to a lifetime of selling everything he has/had on Craigslist (within it's cartagoric limitations) and personaly handing the money owed to those who trusted him. Supervised of course....JK, but seriously.

    MattMagee
  •  

    I somewhat found it funny thinking "imagine if he actually survived it"

    What else are you to do with all that money?
    I would have bought stem cell scientists to cure death, cure me and bham, i wouldn't need to care anymore.
    150 years? Bah! T'is but a walk in the park my good chum!

    Hunnter
  •  

    Good. Very good.

    micromermaid
  •  

    He should have to spend the first half of the sentence under the jail or butt naked with his hands strapped to his ankles the entire time.

    eldamon
1 - 25 of 26

Add your comment

keep browsing
News
Current Tonight
News and Politics
more like this

current videos