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Bernard Madoff was sentenced Monday to 150 years for the multibillion-dollar fraud scheme he perpetrated.
Before the sentencing, Madoff apologized to his family and to the victims of his multibillion-dollar fraud scheme Monday at a hearing for his sentencing for the investment swindle.
The 71-year-old financier said at the hearing that he “will live with this pain, this torment, for the rest of my life.”
Originally posted by whaaa
Madoff will never serve any hard time.
His lawyers will file appeal after appeal and he will remain free on bond.
I hope I'm wrong.
He should be sentenced to live and work with the homeless, aids patients, till he dies. Perhaps then he could experience what it is really like in the real world.
Even if he does have to serve some time it will be in one of those cushy federal pens where they play vollyball all day.
[edit on 29-6-2009 by whaaa]
Originally posted by ZindoDoone
I was hoping for public flogging followed by a public hanging by his gonads! But that might be considered too harsh in some circles!!
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.