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Sentencing Madoff

Who here has ever had to worry about paying bills?  I have.  What sort of feeling is that?  Imagine we could take that feeling and put it into a pill.  We then forced people to take that pill.  The difference is that, with our special pill, the pain would never go away.  Until the person died, he'd feel that misery of wondering, "Will I be able to afford my electric bill?  Will I be able to eat this month?  Will I be able to pay my medical bills?"If we gave that pill to thousands of people, how many years in prison would we deserve?  According to a Washington Post columnist, not many: Wall Street's elite are dropping as fast as the financial markets they work in. As investors sort through the trail of financial wreckage left by Bernard L. Madoff, arrested for a $50 billion Ponzi scheme that may be the largest ever, federal prosecutors are preparing to charge him formally with crimes that could land him in prison for the rest of his life...continue to full post

Full post as published by Crime & Federalism on December 27, 2008 (boomark / email).