Madoff Gets 150 Years in Prison

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SweetJulls	Madoff Gets 150 Years in Prison	Lead	[-]
Posts: 3717 (Jun 29, 2009 12:29 PM) Perch Pro Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts	Tags : None Breaking news. http://tpmmuckraker.talkingpointsmemo.com/2009/06/madof_sentenced_to_150_years_in_prison.php?ref=fpa Madoff Sentenced To 150 Years In Prison By Zachary Roth - June 29, 2009, 11:51AM Barring extraordinary developments, Bernie Madoff will spend the rest of his life in prison. The Wall Street swindler has been sentenced to 150 years in prison for swindling investors out of many billions of dollars, reports the AP. That was the sentence prosecutors had been seeking. The federal probation department had asked for 50 years. Madoff's lawyer, Ira Sorkin, had argued that both figures were excessive -- but the judge sided with prosecutors. In March, Madoff pleaded guilty to securities fraud. The exact value of his crime hasn't been calculated, in part because the scheme was so large and wide-ranging. Madoff, 71, said he "will live with this pain, this torment, for the rest of my life." "If the Republicans will stop telling lies about us, we'll stop telling the truth about them." ~ Adlai Stevenson
Im Just Jules		#1	[-]
Posts: 4420 (Jun 29, 2009 1:58 PM) Bad Ass Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts	Good!
8bestfriends		#2	[-]
Posts: 7215 (Jun 29, 2009 2:27 PM) Perch Eminence Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts	I think I heard them say that one guy lost $181 Billion with Madoff. He must've been a greedy b*stard to have that much money and not be happy with the interest it would draw in a regular bank(s).
vlferrantello		#3	[-]
Posts: 1097 (Jun 29, 2009 3:02 PM) Member of the Board Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts	8b where did you hear this?.......even the guy investigating puts the entire total scammed - the total he actually took in over the years - at $170 billion dollars....so it's next to impossible for one guy to lose that much some people - the early ones in the ponzi scheme - did get all their money back + plus some phantom income....those guys have hired an attorney to act against the formula being used to reimburse those investing: cash in less cash back = net lost..... Now, I mourn those people their lost opportunity with the money...but they have received all their money back....some people haven't received a dime....let's not add to Madoffs greed and immorality here. We make a living by what we get, We make a life by what we give. - Sir Winston Churchill
hando49		#4	[-]
Posts: 5993 (Jun 29, 2009 3:07 PM) Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts	8b where did you hear this?.......even the guy investigating puts the entire total scammed - the total he actually took in over the years - at $170 billion dollars....so it's next to impossible for one guy to lose that much Yah, I heard what you heard VLF....I did hear though that the wife unit had to give up the penthouse in NY, all the yachts, the other homes and she'll have to live on 2 million. Tsk, tsk.....she told an interviewer today she's mad at her husband........HeLLO?????? "The tears of the world are a constant quality. For each one who begins to weep, somewhere else another stops. The same is true of the laugh." Samuel Beckett
8bestfriends		#5	[-]
Posts: 7216 (Jun 29, 2009 3:35 PM) Perch Eminence Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts	I suppose they said $181 Million. Sorry. I was listening with one ear.
8bestfriends		#6	[-]
Posts: 7217 (Jun 29, 2009 3:42 PM) Perch Eminence Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts	Here's a much bigger loser than the $181M. Walter Noel, who is understood to have lost $7.5 billion - earning him the unenvied title of being the biggest victim of the world's biggest fraud. LINK.
Karencrowes		#7	[-]
Posts: 270 (Jun 29, 2009 5:25 PM) Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts	150 years isn't long enough for that piece of scum. Your Signature ... "Do the best job you can seeing the truth, and then do the best job you can telling the truth. Risk whatever you have to risk, because ultimately, it's probably not going to be as much as you think it is. Even if it is, at least you will have collapsed, been fired, shot at, or whatever for good reason rather than something stupid or self-serving." -- Keith Olbermann GOBAMA!!
hando49		#8	[-]
Posts: 5999 (Jun 30, 2009 3:59 PM) Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts	I think they should force him to live a ghetto up in Harlem, living on food stamps, with little heat, no AC.......... "The tears of the world are a constant quality. For each one who begins to weep, somewhere else another stops. The same is true of the laugh." Samuel Beckett
HarleyWoman91		#9	[-]
Posts: 10236 (Jul 1, 2009 8:46 AM) Have You Saved Your Crowe Today? Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts	Madoff, 71, said he "will live with this pain, this torment, for the rest of my life." Uh huh. Never mind the people he bilked. His only regret is that he got caught.
Nysha2		#10	[-]
Posts: 1323 (Jul 1, 2009 12:36 PM) Irrationally Afraid Of Penguins Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts	hando, that's a great idea. Make the punishment fit the crime.