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EastRidge

Madoff sentence will be cut by 90 percent

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Sentence: 150 years

Expiration: 2159 AD

Age: 71

Life expectancy: approx. 14 years

Expiration: approx. 2023 AD

 

ER

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Sentence: 150 years

Expiration: 2159 AD

Age: 71

Life expectancy: approx. 14 years

Expiration: approx. 2023 AD

 

ER

This is as STUPID as that lady who gets to pay $1,900,000 for music THEFT

 

Talk about passing off debt to your GRANDCHILDREN

 

:(

Edited by GEORGE

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Who Madoff with $50 Billion US and helped crash

the credit markets?

 

Stands about a chance in 67 of serving 30 years,

the rest is fluff to appease public opinion.

 

ER

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Who Madoff with $50 Billion US and helped crash

the credit markets?

 

Stands about a chance in 67 of serving 30 years,

the rest is fluff to appease public opinion.

 

ER

 

real shame nobody else in his family or in his employ is being held accountable.

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It's just a life sentence really, the extra large number was probably an attempt to make an example, though it probably won't succeed at that. Not that I have any sympathy for him, but still it's excessive only to try to make a point I guess.

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On the local news they had some lawyer who deals with many different crimes

and said that the JUDGE MAY HAVE JUST BEEN TRYING TO MAKE A NAME FOR HIMSELF

 

The punishment didn't fit the crime (partially based on his age)

 

Higher crimes got less time

 

I guess on the UP-SIDE he didn't kick the judges puppy...he would have been on DEATH ROW

Edited by GEORGE

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On the local news they had some lawyer who deals with many different crimes

and said that the JUDGE MAY HAVE JUST BEEN TRYING TO MAKE A NAME FOR HIMSELF

 

The punishment didn't fit the crime (partially based on his age)

 

Higher crimes got less time

 

I guess on the UP-SIDE he didn't kick the judges puppy...he would have been on DEATH ROW

 

What higher crimes?

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On the local news they had some lawyer who deals with many different crimes

and said that the JUDGE MAY HAVE JUST BEEN TRYING TO MAKE A NAME FOR HIMSELF

 

The punishment didn't fit the crime (partially based on his age)

 

Higher crimes got less time

 

I guess on the UP-SIDE he didn't kick the judges puppy...he would have been on DEATH ROW

 

What higher crimes?

As if I recorded the program

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On the local news they had some lawyer who deals with many different crimes

and said that the JUDGE MAY HAVE JUST BEEN TRYING TO MAKE A NAME FOR HIMSELF

 

The punishment didn't fit the crime (partially based on his age)

 

Higher crimes got less time

 

I guess on the UP-SIDE he didn't kick the judges puppy...he would have been on DEATH ROW

 

What higher crimes?

violations of labor laws regarding lunch breaks?

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real shame nobody else in his family or in his employ is being held accountable.

patience grasshopper, it ain't over yet.

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Wow, what a life! Madoff managed to:

 

1) Swindle his "investors" in plain sight and in some cases, with their consent, for decades without ever being stopped or seriously questioned by the authorities.

 

2) Deflect attention from his family members and close associates, who will likely get away almost scot-free from their ill-gotten gains

 

3) Get the last laugh. The citizens, resident aliens and other taxpaying members of the United States are collectively footing the expense of incarcering Bernie, reimbursing the investors that are now crying foul and still more into trying to sort out the entire mess.

 

Bernie, if you're laughing your butt off while maintaining a semi-sad face facade, I don't blame ya.

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real shame nobody else in his family or in his employ is being held accountable.

patience grasshopper, it ain't over yet.

:) Fingers and toes are crossed!!!

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Madoff's sentence was not the longest for a white-collar criminal. New York businessman Sholam Weiss, 55, was sentenced in February 2000 to 845 years in prison for his role in a plot that skimmed $400 million from an insurance company, costing many of its 25,000 customers their life savings. The government lists his release date as Nov. 23, 2754. :dntknw:

 

And Norman Schmidt, 73, was sentenced in Denver last year to 330 years in prison for his role in a multimillion-dollar investment scam. He's scheduled for release in September 2291

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Sentence: 150 years

Expiration: 2159 AD

Age: 71

Life expectancy: approx. 14 years

Expiration: approx. 2023 AD

 

ER

Life expectance is not taken into account when a sentence is given out. If he was 40 he would have received the same sentence.

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Sentence: 150 years

Expiration: 2159 AD

Age: 71

Life expectancy: approx. 14 years

Expiration: approx. 2023 AD

 

ER

Life expectance is not taken into account when a sentence is given out. If he was 40 he would have received the same sentence.

OK, so they keep him for 150 years. It will teach

him a lesson, and he is unlikely to reoffend after

his release.

 

Every sentence ends with a period. But for that

period, I sure wouldn't want to be his cellmate.

 

ER

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Sentence: 150 years

Expiration: 2159 AD

Age: 71

Life expectancy: approx. 14 years

Expiration: approx. 2023 AD

 

ER

This is as STUPID as that lady who gets to pay $1,900,000 for music THEFT

 

THAT WAS ASININE

 

Talk about passing off debt to your GRANDCHILDREN

 

:D

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Wow, what a life! Madoff managed to:

 

1) Swindle his "investors" in plain sight and in some cases, with their consent, for decades without ever being stopped or seriously questioned by the authorities.

 

some of the investors hit the jackpot, with falsified returns of 100% or higher a year. At least one investor told him how much he wanted to earn... It makes you wonder what a ) he was thinking and b ) what they were thinking. Or c ) they were in it together and sharing the ill-gotten gains.

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It's just a life sentence really, the extra large number was probably an attempt to make an example, though it probably won't succeed at that. Not that I have any sympathy for him, but still it's excessive only to try to make a point I guess.

 

The extra large number appears to have been what the sentencing guidelines called for. Federal judges tend to find their hands tied by the guidelines and this certainly WAS NOT a case that screamed for downward departures. Was the sentence the upper end of the range? Sure. Was an example made? Sure. Will it make a difference going forward? Not likely.

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Who Madoff with $50 Billion US and helped crash

the credit markets?

 

Stands about a chance in 67 of serving 30 years,

the rest is fluff to appease public opinion.

 

ER

 

real shame nobody else in his family or in his employ is being held accountable.

 

Being reported this morning (CNBC, Bloomberg) that 10 more persons will be indicted. It is not presently known if any are family

 

On the local news they had some lawyer who deals with many different crimes

and said that the JUDGE MAY HAVE JUST BEEN TRYING TO MAKE A NAME FOR HIMSELF

 

shocker :(

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Seize all assets of Ruth Madoff.

Throw her on the street and make her get a job at 7-11.

 

I thought the gov't was giving her a $2m settlement to clear the way towards siezing the rest of the marital assets - otherwise untangling what was hers (she was a trust fund baby, apparently, and brought assets into the marriage) and his and theirs would take years and years and gobs of cash.

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