Well it was Federal District Judge Denny Chin, obviously a man of Chinese heritage, that ordered him to serve 150 years in prison. Madoff, a proud bigot, probably believes that a non foreign Judge may have given him a lighter sentence. That’s the kind of guy Madoff is supposed to be.
Anyway it’s highly unlikely that Madoff will live long enough to serve the 150 years sentence in full... unless of course he’s bought out GOD as well.
In case you’ve been living under a stone, Madoff, was the mastermind behind one of the biggest and longest-running financial frauds in history. His sentence is to serve 150 years in prison, the maximum sentence allowed, for a scheme that has come to define the latest iteration of Wall Street greed.
The sentence far surpasses that of other recent high-profile white-collar crimes and took many noted criminal defense attorneys and former federal prosecutors by surprise. In handing down the sentence, Judge Denny Chin acknowledged that any term above 25 years would be symbolic, given Madoff's advanced age of 71.
However, the judge added, it was important that the severity of the sentence serve as a deterrent to future offenders. "The message must be sent that Mr. Madoff's crimes were extraordinarily evil," Chin said, his voice a stoic monotone.
As usual several legal experts were asked whether the sentence would in fact achieve Chin's objective and as usual they gave their usual garbage opinions.
Anyway it’s highly unlikely that Madoff will live long enough to serve the 150 years sentence in full... unless of course he’s bought out GOD as well.
In case you’ve been living under a stone, Madoff, was the mastermind behind one of the biggest and longest-running financial frauds in history. His sentence is to serve 150 years in prison, the maximum sentence allowed, for a scheme that has come to define the latest iteration of Wall Street greed.
The sentence far surpasses that of other recent high-profile white-collar crimes and took many noted criminal defense attorneys and former federal prosecutors by surprise. In handing down the sentence, Judge Denny Chin acknowledged that any term above 25 years would be symbolic, given Madoff's advanced age of 71.
However, the judge added, it was important that the severity of the sentence serve as a deterrent to future offenders. "The message must be sent that Mr. Madoff's crimes were extraordinarily evil," Chin said, his voice a stoic monotone.
As usual several legal experts were asked whether the sentence would in fact achieve Chin's objective and as usual they gave their usual garbage opinions.
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