Madoff sentenced to 150 years!
Daylife/AP Photo used by permission
A federal judge sentenced Bernard L. Madoff to 150 years in prison on Monday for operating a huge Ponzi scheme that devastated thousands of people, calling his crimes “extraordinarily evil.”
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.”
More than 20 years of the SEC abdicating their chartered responsibility.
NYC politicians will miss the annual donations, catered affairs at the penthouse, benefits at the country club. Politicians who could have made a difference over these decades – didn’t do a damned thing.