123 Comments
- LinuxLars, on 06/27/2009, -4/+31Why is it that white collar crime is not subject to the death penalty? This greedy "finance manager" ruined more lives than any rapist or murderer ever could.
Not that I'm for the death penalty - I'm not - it just seems like a class/culture bias that we only invoke it for blue collar crimes.
And 150 years? Fine. Make it 1000. He should never be able to con anyone ever again. - GhostInAShell, on 06/27/2009, -0/+21GOODBYE FOREVER
- Rizoh, on 06/27/2009, -1/+20How likely is it that Madoff is the most appropriately named scammer ever?
- bcronos, on 06/28/2009, -3/+20"Bernard Madoff, mastermind behind the largest and most sweeping Ponzi scheme ever..." I think the Federal Reserve is by far the largest and most sweeping Ponzi scheme ever...
- Nodaki, on 06/28/2009, -2/+19He sacrificed himself while his family and all his associates are getting away and living the rest of their lives in luxury.
- archimago42, on 06/28/2009, -0/+16The higher the sentence the less likely it is that parole will be a possibility. When they don't have the option of "life without parole" they make the sentence very high so he will never have the opportunity to get out early. It is sort of like a failsafe.
- archimago42, on 06/28/2009, -1/+17Probably, considering his family still has tons of money that the victims will probably never get to fully take back and he made it almost his whole life being filthy rich and respected before being caught. So, I'd say yeah, it was definitely worth it for him unfortunately.
- ThatsNotPudding, on 06/28/2009, -0/+16"Because any man with a briefcase can steal more money than any man with a gun." -- Don Henley
- inactive, on 06/27/2009, -1/+16Maybe they can freeze his body and hook tubes to his crooked brain :)
but.... I would rather everyone get the cash back, what a greedy prig he is, who the hell really needs that much money that bad. - inactive, on 06/28/2009, -0/+11Personally, I don't give a ***** if spends 300 years in prison. Look, this guy is 71 years old. Hes probably spent all his life living to a degree none of us people can understand. They caught him at the tail end of his dirt, there is far more time behind him than ahead. No amount of time will punish him because he's lived it up for the majority of his life. The average life expectancy of an American is 78 years old, so he probably only has like six years left. He gets the last laugh no matter how many years they throw at him.
I think most people would take 6 years in jail to have 500,000,000 for most of your life. In fact, it's a good trade.
So unless they plan to torture him, he wins. - inactive, on 06/27/2009, -0/+9I wonder if at this point he still thinks it was worth it?
- Suits, on 06/28/2009, -0/+8Out in 1-year on good behavior.
- inactive, on 06/28/2009, -3/+11That is what really bothers me, so many were ruined by this 1 an, yet him family reaps the rewards for our punishment.
- heresy_fnord, on 06/28/2009, -0/+8He deserves much, much longer.
150 is a way to try to keep him in there as long as possible. I hope he dies in prison. - pmctosh, on 06/28/2009, -0/+8The rest of his natural days behind bars. I figure that's appropriate. He's had his fun, ruined countless lives. Lock the door, throw away the key and let the chips fall where they may.
- Igrift, on 06/28/2009, -0/+8Ok so the Gov. is sziezing all that money, what exactly are they doing with it? Is it going to be divided up between the victims? Or in classic government fashion are they keeping it to themselves demonstrating in the highest form of hipocricy?
- inactive, on 06/28/2009, -1/+8For what purpose are people imprisoned for such lengthy periods of time for theft of great deals of money, while murders typically get a twenty year sentence? Is money more important than life? I do not understand why this is so in the West.
- inactive, on 06/27/2009, -2/+9"150 years? Fine. Make it 1000. He should never be able to con anyone ever again." I second that can we get a third?
- Ymeg, on 06/28/2009, -3/+9Social security
- vman81, on 06/28/2009, -0/+6But how about being called Charles Ponzi? I mean what are the odds of being caught for Ponzi schemes when.. oh wait..
- inactive, on 06/27/2009, -4/+10I hope that thieving ***** gets raped in the showers every day for the rest of his life.
I also hope the feds track down all his assets that he's no doubt secretly signed over to other people to avoid repossession. - megarobotguy, on 06/28/2009, -0/+6Jeanne Louise Calment (February 21, 1875 – August 4, 1997) was a French woman with the longest confirmed lifespan in history at age 122 years 164 days. She lived in Arles, France, for her entire life, and outlived both her daughter and grandson. She became particularly well-known from the age of 113, when the centenary of Vincent van Gogh's visit brought reporters to Arles, as she was the last person living to have met the artist. She entered the Guinness Book of Records in 1988, and in 1995 was declared the oldest person who had ever lived, having surpassed Shigechiyo Izumi of Japan. Her lifespan has been thoroughly documented by scientific study, with more records having been produced to verify her age than for any other case.
-http://en.wikipedia.org/wiki/Jeanne_Calment
-http://www.nytimes.com/1997/08/05/world/jeanne-cal ... - faskippy, on 06/28/2009, -0/+5It says he COULD get 150 years. I hope he does. He scammed people for over 170 BILLION, and they only have a small fraction of that recovered. *****. They need to find every dime that's left, and give it back. Follow every purchase, sieze every stitch of clothes and other belongings from his wife, auction that off and give the proceeds to the bilked. They need to seize his friggin' air while they're at it.
- Benjigga, on 06/28/2009, -1/+6FTA: "federal investigators have identified 1,341 investors in Madoff's firm, with losses exceeding $13 billion." = $9,694,258 per person.
Some people are so rich its irritating. - GamerXR72, on 06/28/2009, -2/+7Are you an idiot?
- inactive, on 06/27/2009, -2/+6Ha i get it :) Made Off = Madoff .... way to funny hope they roast him.
- ismhmr, on 06/28/2009, -0/+4Hey.. All they need to do now is get Bernake and Greenspan in there to join him.
- alwilson, on 06/28/2009, -0/+4Uh, most of the money is long gone dill weed. It's not like he took the money and hid it in a shoebox. We're talking years and years of deception.
- inactive, on 06/27/2009, -1/+5Now that's pretty hardcore, on the other hand he deserves it. Your dead on with the need for asset tracking, the money has to be someplace.
- GamerXR72, on 06/28/2009, -1/+5You just completely overlooked the scale of either crime.
He didn't just steal money. He stole a ***** load of money from a lot of people, taking hundreds of years worth of labor they spent to get that money. He deserves to die, but life in prison is a nice consolation prize.
And FYI if you murder 1,300 people, you aren't being sentenced to jail time if your state has the death penalty. - inactive, on 06/28/2009, -0/+4Since he is a stone cutter he will probably get a warning..
/s - bizchris, on 06/28/2009, -0/+4Oh, so it will go into the Social Security pool, then?
- Claverhouse, on 06/28/2009, -0/+4Until they can prove their rightful claims, any recovered monies will be invested on the victims' behalf in a bigger and better Ponzi scheme.
- stubear, on 06/28/2009, -0/+4So, can we start calling it a Madoff scheme?
- AraleNorimaki, on 06/28/2009, -0/+3 * IN PRISON...You spend the majority of your time in an 8x10 cell.
* AT WORK....You spend most of your time in a 6x8 cubicle.
* IN PRISON...You get three meals a day.
* AT WORK....You only get a break for 1 meal and you have to pay for it.
* IN PRISON...You get time off for good behavior.
* AT WORK....You get rewarded for good behavior with more work.
* IN PRISON...A guard locks and unlocks all the doors for you.
* AT WORK....You must carry around a security card and unlock and open all the doors yourself.
* IN PRISON...You can watch TV and play games.
* AT WORK....You get fired for watching TV and playing games.
* IN PRISON...You get your own toilet.
* AT WORK....You have to share.
* IN PRISON...They allow your family and friends to visit.
* AT WORK....You cannot even speak to your family and friends.
* IN PRISON...All expenses are paid by taxpayers with no work required.
* AT WORK....You get to pay all the expenses to go to work and then they deduct taxes from your salary to pay for prisoners.
* IN PRISON...You spend most of your life looking through bars from the inside wanting to get out.
* AT WORK....You spend most of your time wanting to get out and go inside bars.
* IN PRISON...There are wardens who are often sadistic.
* AT WORK....They are called supervisors. - emjaymj, on 06/28/2009, -0/+3He's not good at making money, it was a Ponzi scheme you dolt. He made it LOOK like was earning money (for himself and other people), but he was really just stealing it. Doing the same "job" would be a bad thing.
I can't believe someone's actually suggesting the guy get off the hook and still live more comfortably than half of the country. - firsttube, on 06/28/2009, -1/+4I agree 100%, I don't know why anyone who knows about The Fed would digg you down.
- greenlight2001, on 06/28/2009, -0/+3I'm oddly interested in hearing what landed you in jail.
- BaphClass, on 06/28/2009, -1/+4Obvious troll.... Or at least I hope so. Nobody's this stupid by accident.
- AllINeed, on 06/27/2009, -10/+13150? I get the point that every year (as unrealistic as it may be) counts as far as litigation and other legal matters may be concerned, but 150 years? Really? Has anyone ever lived past 120?
- ichbinladen, on 06/28/2009, -0/+2Now he'll be conning inmates out of their cigarettes... and getting shanked for it.
- stubear, on 06/28/2009, -1/+3We don't necessarily punish more harshly, it's up to the judges and sentencing guidelines. Some judges throw the book at murderers and rapists and sometimes they go light on them. The system, by and large, works just fine and any generalizations on the part of people like you are simply ignorant.
- alwilson, on 06/28/2009, -0/+2You better not tell Clint Eastwood that his life is almost over.
- VanhookJosh, on 06/28/2009, -2/+4I just went to county jail friday night at 8 and got released saturday at 8. That was one day... At a county jail. I could not imagine the rest of my life in a Prison... It is not a life worth living.
That being said, I believe this man needs to give up his life for the lives that he has ruined. I hope he get violated in every way possible, while he is in there. He needs to pay for his crimes against these people.
PS. He is not too different from a good number of the congressmen we have elected into office. Why should they be aloud to extort people? Whatever, It is what it is. What can I do about it other than b;tch? - Quizboy, on 06/28/2009, -1/+3Did you guys not read the article? He has already been stripped of $60 million including 3 homes and they have a $170 billion legal judgment against him. And they are trying to compensate the 1,341 victim investors identified so far.
- consonance, on 06/28/2009, -0/+2If you added up the length of time each victim suffered after losing their savings to Bernie Madoff, you would find that 150 years is a bargain that only comes around once in a lifetime.
- jets331, on 06/28/2009, -1/+3The only thing I'm surprised about is that you've made it this far in your life without being eaten by something.
- sciencelovesyou, on 06/28/2009, -0/+2For a man used to owning three palatial homes, several yachts, and having a fortune enabling him to have every single whim satisfied twenty-four hours a day, I think spending his time in a tiny concrete room with another man will be good.
Watching a freaked out conman rot in a prison cell, with nary a bottle of Kristal or a plate of caviar to go around, is worth the price of admission in my book. - SarcasticPirate, on 06/28/2009, -1/+3Thirded. Hope the ***** rots in prison, then hell.
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