Live coverage of Bernie Madoff sentencing
Welcome to our live coverage of the Bernie Madoff sentencing. Reuters journalists are outside and inside the Manhattan court where the admitted thief will hear his punishment for running Wall Street’s biggest and most brazen investment scheme. Reuters.com’s intern, Franz Strasser, is sending us updates from the scene that you can follow in the live headline box below.
(Editor’s note: Readers’ comments will appear in a smaller font.)
Update: The live coverage has now ended, but you can still leave a comment below.
I do not understand how so many victims could have invested the majority of their assets with this man. Such action is contrary to the first principal of investing that every child learns from their parents. I sympathize to some degree, but feel that many victim were ignoring obvious signs that things were just too good to be true. To me this means there was a certain complicity in their silence.