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Monday, June 29, 2009

Bernie Madoff gets The Maximum 150 Years In Prison

Judge Chin's windup was brutal. And the victims impact statements did not help. You just knew as the Judge recited all of Madoff's shortcomings that it was going to be closer to 150 than 15. And it was. Bernie Madoff gets 150 years, the maximum sentence. The SEC focus should now shift to Madoff's sons, Mark and Andrew, and what did they know. "It gives you a little bit of satisfaction to know that he got the maximum sentence," said a victim to Bloomberg's Gigi Stone after the verdict.

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