150 years for Madoff.

Quote from Rearden Metal:

It doesn't work that way anymore.

There's no parole at all in the federal system, and you only become eligible for early release after serving 85% of the sentence.
Good :cool:
 
Quote from tradin4profits:

I heard that not 1 trade had been made in the last 12 years. LOL

Well, we've got a 13F from his asset management arm. Guess the SEC missed another one.
 
Quote from noob_trad3r:

Now taxpayers get to foot his medical bills and care.

I'm sure he was good at concealing his activity on those statements he sent out...but i dont understand how in this country someone who told people he didnt want their business and they insisted he take it and they never checked really what he was doing ,why are they not responsible for their own goofy losses? Why is bernie guilty of anything? a ponzi scheme....this guy acted like he didnt want the money! Bernie or Barnie frank... do you think barney is going to get 150 years for what he did to everyone in the real estate market? If Bernie had not caved he would have gotten all the money back by now! This case is to stupid!Glodman scahs, barny frank, rahm emanuel, those are crooks... Bernie was just trying to get everybody some money!
 
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