NEW YORK – Bernard Madoff has been sentenced to the maximum 150 years in prison for his multibillion-dollar fraud scheme. U.S. District Judge Denny Chin handed down the sentence in New York on Monday.
Full justice will be done when the SEC bureaucrats who overlooked the Madoff Ponzi Scheme for 30 years, thus implicitly giving it their sanction in the eyes of investors, and chose not to act until the situation hit critical mass, are made to restitute those who suffered because of their negligence.
Full justice will be done when the SEC bureaucrats who overlooked the Madoff Ponzi Scheme for 30 years, thus implicitly giving it their sanction in the eyes of investors, and chose not to act until the situation hit critical mass, are made to restitute those who suffered because of their negligence.
Or even better, those members of congress who have prevented full and strict regulation of the markets….
June 29th, 2009 at 10:52 am
….out in 5.
June 29th, 2009 at 10:54 am
MITT MITT MITT
http://www.politico.com/news/stories/0609/24316.html
June 29th, 2009 at 11:03 am
Nate,
No, Berney Madoff is the one who was sentenced. There was no admissible evidence linking Romney.
Sorry, dude.
June 29th, 2009 at 11:03 am
Well, with the money he has hidden, he can buy a lot of favors in prison. Otherwise, his life outside of prison walls is over.
June 29th, 2009 at 11:18 am
Thunder,
He’s going to start a pyramid scheme with cigarettes.
Somthing tell me that won’t end well.
June 29th, 2009 at 11:20 am
#3.MWS:
LOL!!! Good one.
June 29th, 2009 at 11:25 am
This should take him well into the next life!
June 29th, 2009 at 12:52 pm
How much time id Obama get?
June 29th, 2009 at 2:26 pm
Full justice will be done when the SEC bureaucrats who overlooked the Madoff Ponzi Scheme for 30 years, thus implicitly giving it their sanction in the eyes of investors, and chose not to act until the situation hit critical mass, are made to restitute those who suffered because of their negligence.
June 29th, 2009 at 2:53 pm
Full justice will be done when the SEC bureaucrats who overlooked the Madoff Ponzi Scheme for 30 years, thus implicitly giving it their sanction in the eyes of investors, and chose not to act until the situation hit critical mass, are made to restitute those who suffered because of their negligence.
Or even better, those members of congress who have prevented full and strict regulation of the markets….
June 29th, 2009 at 3:38 pm
Of course, that breaks down to about one second in jail for every $10.56 of fallacious assets he reported to his victims.