Showing posts with label Sentencing. Show all posts
Showing posts with label Sentencing. Show all posts

Monday, June 29, 2009

Madoff Sentenced To 150 Years

It's a shame the 71-year old he probably won't even serve one tenth of that.

NY Times: In pronouncing the sentence — the maximum he could have handed down — Judge Denny Chin turned aside Mr. Madoff’s own assertions of remorse and rejected the suggestion from Mr. Madoff’s lawyers that there was a sense of “mob vengeance” surrounding calls for a long prison term.

“Objectively speaking, the fraud here was staggering,” the judge said. “It spanned more than 20 years.”

 
ShareThis