Bernie madoff gets the max...150 yrs ...

waggy

No Lifer
Dec 14, 2000
68,143
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should ajust shot him in head.


glad they are takeing everything away from him, his wife and th e money he gave to his family to try to hide. fuck this paice of shit and his family for hideing it.
 

waggy

No Lifer
Dec 14, 2000
68,143
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Originally posted by: jalaram
Anyone want to bet that he gets a minimum security country club style prison.

not witha life sentance he aint.
 

Nik

Lifer
Jun 5, 2006
16,101
2
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Too bad he'll be going to the rich/celebrity/senator/police prison instead of real FPMITA prison. :frown:
 

Miramonti

Lifer
Aug 26, 2000
28,651
100
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Originally posted by: jalaram
Anyone want to bet that he gets a minimum security country club style prison.

I hope not. But on the other hand, should a far tougher prison give up a spot that could go to a violent career criminal for him? I'm not sure how it works, but either case I hope it's hell for him.
 

Jeeebus

Diamond Member
Aug 29, 2006
9,179
898
126
while I agree that he's a piece of shit that deserves to rot, it says something about our justice system when someone guilty of defrauding investors gets 150 years and people convicted of rape, armed robbery, homicide, etc. get less than 10 years.
 
Dec 10, 2005
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Originally posted by: jalaram
Anyone want to bet that he gets a minimum security country club style prison.

From one article I read, his crime prevents him from being placed in a minimum security FCF. He'll most likely be placed in a medium-security facility.
 

waggy

No Lifer
Dec 14, 2000
68,143
10
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Originally posted by: Nik
Too bad he'll be going to the rich/celebrity/senator/police prison instead of real FPMITA prison. :frown:

actually they said in cases of life in jail like this he will go to the avarage Med security. The odds on him going to a no security or low security like people think are very very low.

while what he did is disgusting and he deserves a bullet. they won't put him in high or max security either (though wish they would)
 

ElFenix

Elite Member
Super Moderator
Mar 20, 2000
102,369
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is there a provision whereby wealthy criminals have to pay for their cost of care in prison? this guy just got 3 squares, health and dental for ripping people off.
 

her209

No Lifer
Oct 11, 2000
56,336
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Originally posted by: Jeeebus
while I agree that he's a piece of shit that deserves to rot, it says something about our justice system when someone guilty of defrauding investors gets 150 years and people convicted of rape, armed robbery, homicide, etc. get less than 10 years.
Yeah, usually its the other way around.
 

brandonbull

Diamond Member
May 3, 2005
6,348
1,217
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Originally posted by: Jeeebus
while I agree that he's a piece of shit that deserves to rot, it says something about our justice system when someone guilty of defrauding investors gets 150 years and people convicted of rape, armed robbery, homicide, etc. get less than 10 years.

See how many years the rapist would get if the had even 3 or 4 rapes as compared to thousands of victims from this guy.

 

Auggie

Golden Member
Jul 18, 2003
1,379
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Honestly, he can never repay his debt to society. The only "up" side to all of this is that mostly he stole from the upper-class, the people that could afford to lose money best. Yes, there are examples of middle- and lower-middle-class people that gave him most or all of their savings, but still, the vast majority of the money that he stole was from stratospheric investors.

I highly disagree with the angry "kill the fucker" responses. The fact is, his crime is on the same level with a bank robbery or a home burglar - it's theft. The fact is, he was in the right place, with the right skills and the right pedigree to achieve his crime on a far greater scale. If your average white-collar thief or even your run-of-the-mill street thief were in the same position, they would have escalated their crimes to Madoff's level as well if they thought they could give away with it. The common denominator is the selfish projection of greed beyond respect for society's laws. We don't go around executing everybody that steals now, do we?
 

DainBramaged

Lifer
Jun 19, 2003
23,448
40
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Originally posted by: SunnyD
So that's like what, 2 months and 1 year of house arrest for good behavior? :|

Not for Federal crimes, it's not. He'll die in prison for sure.
 

SunnyD

Belgian Waffler
Jan 2, 2001
32,674
146
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www.neftastic.com
Originally posted by: DainBramaged
Originally posted by: SunnyD
So that's like what, 2 months and 1 year of house arrest for good behavior? :|

Not for Federal crimes, it's not. He'll die in prison for sure.

Doubt it. But think about it this way, by going to prison, he's still defrauding taxpayers out of their money. :|
 

MotF Bane

No Lifer
Dec 22, 2006
60,801
10
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Originally posted by: Jeeebus
while I agree that he's a piece of shit that deserves to rot, it says something about our justice system when someone guilty of defrauding investors gets 150 years and people convicted of rape, armed robbery, homicide, etc. get less than 10 years.

He ruined thousands of lives.
 

DrPizza

Administrator Elite Member Goat Whisperer
Mar 5, 2001
49,601
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Originally posted by: Auggie
Honestly, he can never repay his debt to society. The only "up" side to all of this is that mostly he stole from the upper-class, the people that could afford to lose money best. Yes, there are examples of middle- and lower-middle-class people that gave him most or all of their savings, but still, the vast majority of the money that he stole was from stratospheric investors.

I highly disagree with the angry "kill the fucker" responses. The fact is, his crime is on the same level with a bank robbery or a home burglar - it's theft. The fact is, he was in the right place, with the right skills and the right pedigree to achieve his crime on a far greater scale. If your average white-collar thief or even your run-of-the-mill street thief were in the same position, they would have escalated their crimes to Madoff's level as well if they thought they could give away with it. The common denominator is the selfish projection of greed beyond respect for society's laws. We don't go around executing everybody that steals now, do we?

His crime was NOT on the same level as a bank robbery or home burglar. It went well beyond simple theft. You're completely ignoring the effects his fraud had on others - people had invested their life savings & all their retirement money. His fraud was a MAJOR precipitating factor in several suicides. Ever hear of people committing suicide because their bank was robbed?

http://www.telegraph.co.uk/new...-bankruptcy-shame.html There's one.
http://s.wsj.net/public/resour..._victims_20081215.html Another

I cannot imagine how much despair these people felt after losing nearly everything.
 

Jeeebus

Diamond Member
Aug 29, 2006
9,179
898
126
Originally posted by: brandonbull
Originally posted by: Jeeebus
while I agree that he's a piece of shit that deserves to rot, it says something about our justice system when someone guilty of defrauding investors gets 150 years and people convicted of rape, armed robbery, homicide, etc. get less than 10 years.

See how many years the rapist would get if the had even 3 or 4 rapes as compared to thousands of victims from this guy.

I'd like to think that murdering and/or raping one person deserves a harsher, if not equal, punishment as defrauding thousands.

That is the problem with financial crimes that I alluded to above. The compounding of different counts (1000+ counts of fraud) results in a ridiculous sentence compared to what most would consider far more severe crimes.

I'm not arguing that Madoff should get a slap on the wrist, but a 150 year sentence is insulting when a child rapist is free after a year in jail.
 

seemingly random

Diamond Member
Oct 10, 2007
5,277
0
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Originally posted by: darkxshade
Now all they need is to invent a drug to prolong his life for that long. :p
Yes. This mf needs to suffer (and those around him, also). He's in the same league as ken lay. It looks like there are more involved in this scam and investigations should continue.
 

her209

No Lifer
Oct 11, 2000
56,336
11
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Originally posted by: Jeeebus
I'm not arguing that Madoff should get a slap on the wrist, but a 150 year sentence is insulting when a child rapist is free after a year in jail.
I've never heard of a child rapist being freed after a year in jail.