Bernie Madoff officially sentenced

Hiei

The Hierophant
#1
I'm still trying to find a link, but I'm watching the news. He's getting the full 150 years.


Bernard Madoff gets maximum 150 years in prison - Yahoo! News
NEW YORK – Bernard Madoff has been sentenced to the maximum 150 years in prison for his multibillion-dollar fraud scheme. U.S. District Judge Denny Chin handed down the sentence in New York on Monday.
Defense attorneys had sought 12 years, while prosecutors wanted the maximum. The federal probation department had recommended 50 years. Chin called the fraud "staggering" and noted that it spanned more than 20 years. He says "the breach of trust was massive."

The 71-year-old former Nasdaq chairman pleaded guilty to securities fraud and other charges in March and has been jailed since.
 
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Babe_Ruth

Sultan of Swat
Staff member
V.I.P.
#2
That's crazy, I honestly thought they wouldn't listen to all the details and the accusations and only get 20-25 years, which would be considered a life sentence for him since he's already pretty old.
 

Hiei

The Hierophant
#3
I'm glad they are giving him the full sentence. With a scheme that completely bankrupt that many people, this guy deserves to rot in jail until his 150 years are up. They should keep him alive just so that he can get the full effect.
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That's crazy, I honestly thought they wouldn't listen to all the details and the accusations and only get 20-25 years, which would be considered a life sentence for him since he's already pretty old.
Actually, his defense was trying to say that a life sentence for him would be 13 years because of his age, that's why they were trying to get 12. Which is almost offensive to even try for, especially with the people he ripped off right in the court with him.
 
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Mirage

Administrator
Staff member
V.I.P.
#4
He had to figure "What do I have to lose" when he pushed for less time.

Honestly though, the guy caused people to commit suicide after he ruined them financially. He was/is a snake and doesn't deserve pitty for this.
 

ysabel

/ˈɪzəˌbɛl/ pink 5
#6
Actually, his defense was trying to say that a life sentence for him would be 13 years because of his age, that's why they were trying to get 12. Which is almost offensive to even try for, especially with the people he ripped off right in the court with him.
Why don't they just say "life sentence" without specifying number of years? Shouldn't it simply mean literally...until you die? :shifteyes:
 

Mirage

Administrator
Staff member
V.I.P.
#7
It's a technicality. I guess they can't say "life" for an old person and also for a young person because the young person will complain that they got a worse sentence. Instead they just do it by years so there is no room for loopholes. (Assuming he doesn't live 150 more years)
 

ysabel

/ˈɪzəˌbɛl/ pink 5
#8
It's a technicality. I guess they can't say "life" for an old person and also for a young person because the young person will complain that they got a worse sentence. Instead they just do it by years so there is no room for loopholes. (Assuming he doesn't live 150 more years)
Hmm, ok. But then, does that mean that someone young who gets the death penalty got a worse sentence than someone older who got the same penalty? :D

If he does live for 150 more years....then he probably deserves to be let out of jail after that.