Madoff’s crime

July 3, 2009

Madoff can expect de facto life term at sentencing

NEW YORK, June 29 (Reuters) – Admitted thief Bernard Madoff will leave his jail cell and be taken under guard to court on Monday morning to hear his punishment for running Wall Street’s biggest and most brazen investment scheme.

The opening sentence in this article is ignorant. It It is not a crime to run a big or a brazen investment scheme.

C.S.M.
We should have worded it differently. We improved the description in a subsequent update of the story: GBU Editor
Booking mug shot of Bernard Madoff released to Reuters on March 17, 2009. REUTERS/UNITED STATES MARSHALS SERVICE/FOIA/Handout

2 comments

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Serving out this sentence, he will be more than 200 years old and may be remembered as another round of George Washington, who founded the greatest super power on earth. Madoff founded the greatest super scam.

Posted by Miner | Report as abusive

He’ll be out in 2 years.

Posted by (..>) | Report as abusive