I'm glad to hear that justice was served ol' Bernie.
Madhoff gets 150 years - Egg Flower Boots and Other Tall Stories
Madhoff gets 150 years - Egg Flower Boots and Other Tall Stories
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I predict he won't make it till the end of the sentance.
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I predict he won't make it till the end of the sentance.
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Time off for good behavior, he could get out in 50 years.
But I could see him doing the same thing Mostel and Wilder did at the end of "The Producers." He will probably corner all the cigarettes in San Quentin in a year.
Where did all that money go?
Is he going to work off paying all the people he ripped off by making license plates and hemp jewelry?
Where did all that money go?
Is he going to work off paying all the people he ripped off by making license plates and hemp jewelry?
The crime of the century.. His family will be hurting financially. They can't even get jobs at this point, nobody trusts them.
Heck no.Where did all that money go?
Is he going to work off paying all the people he ripped off by making license plates and hemp jewelry?
The crime of the century.. His family will be hurting financially. They can't even get jobs at this point, nobody trusts them.
Yeah, his family, well, were they 100% clueless to what he was doing?
Now...what about all the other families he ripped off? Will they be compensated in any way?
Heck no.The crime of the century.. His family will be hurting financially. They can't even get jobs at this point, nobody trusts them.
Yeah, his family, well, were they 100% clueless to what he was doing?
Now...what about all the other families he ripped off? Will they be compensated in any way?
Actually, I think it was one of his sons that turned him in though. But it looks like window dressing to me, as he got turned in just as the whole house of cards began to crumble.
And given the nature of what he did, there were no little people to be involved. He was mostly doing this to rich folks and sleazy charities. Planned parenthood, for example, had to shut down a large number of offices because the were hevily invested in Madhoff, as were several prominent government officials. Which is probably why the sentence was so stiff. He ripped off mostly rich, connected Democrats.
Heck no.The crime of the century.. His family will be hurting financially. They can't even get jobs at this point, nobody trusts them.
Yeah, his family, well, were they 100% clueless to what he was doing?
Now...what about all the other families he ripped off? Will they be compensated in any way?
Actually, I think it was one of his sons that turned him in though. But it looks like window dressing to me, as he got turned in just as the whole house of cards began to crumble.
And given the nature of what he did, there were no little people to be involved. He was mostly doing this to rich folks and sleazy charities. Planned parenthood, for example, had to shut down a large number of offices because the were hevily invested in Madhoff, as were several prominent government officials. Which is probably why the sentence was so stiff. He ripped off mostly rich, connected Democrats.
Madoff's fraud, maybe the biggest in Wall Street history, wiped out thousands of people around the globe. Not all of them were Palm Beach millionaires.
A sizable roster of public school teachers, farmers, mechanics and other middle class folk are also among the victims. Many had been enjoying a comfortable retirement until Madoff's arrest in December. Now, nest eggs gone, they are struggling to pay the bills.
Help isn't on the way anytime soon.
Prosecutors, who have asked a federal judge in Manhattan to sentence Madoff to 150 years, have promised to seize his assets and force him to pay restitution. On Friday, a judge ruled Madoff must forfeit $171 billion in assets, and his wife Ruth was stripped of more than $80 million in net worth she claimed was hers.
And given the nature of what he did, there were no little people to be involved. He was mostly doing this to rich folks and sleazy charities. Planned parenthood, for example, had to shut down a large number of offices because the were hevily invested in Madhoff, as were several prominent government officials. Which is probably why the sentence was so stiff. He ripped off mostly rich, connected Democrats.
Like I said before, when I look at his victim list...
Well, that is pretty crass of me. But still..