Confined to a $7 Million Penthouse in New York

[JS80]

Anyone else thing Madoff would rather go to club fed then be acquitted? I feel like he would have a contract on his head.

 

[Zebo]

I don't think he cares. He's like the old mafia don who slits his writs so his family can live, free and rich.

 

[Whoozyerdaddy]

Originally posted by: JS80
Anyone else thing Madoff would rather go to club fed then be acquitted? I feel like he would have a contract on his head.

Just one? Have you seen the list of people he screwed over? I'm surprised he's still alive.

 

[Woofmeister]

Originally posted by: Sedition

Originally posted by: JS80
yea...i don't get it. i'd like to ask that judge a few questions.

if he is honest he would probably tell you he met him at a few fundraisers and thinks he is an alright guy; if he was really honest he would tell you he is assuming it will win him political favors.

Dude, you have no idea what you're talking about. Magistrate Judge Ronald L. Ellis is an African-American and former attorney for the NAACP. The idea that Judge Ellis rubs elbows with the top tier of New York finance on a regular basis is as ridiculous as the notion that Madoff is in any position to grant political favors in exchange for favorable treatment.

I've appeared before Magistrate Judge Ellis many times. He's no pushover, particularly on matters of financial fraud.

 

[Zebo]

Originally posted by: Woofmeister

Originally posted by: Sedition

Originally posted by: JS80
yea...i don't get it. i'd like to ask that judge a few questions.

if he is honest he would probably tell you he met him at a few fundraisers and thinks he is an alright guy; if he was really honest he would tell you he is assuming it will win him political favors.

Dude, you have no idea what you're talking about. Magistrate Judge Ronald L. Ellis is an African-American and former attorney for the NAACP. The idea that Judge Ellis rubs elbows with the top tier of New York finance on a regular basis is as ridiculous as the notion that Madoff is in any position to grant political favors in exchange for favorable treatment.

I've appeared before Magistrate Judge Ellis many times. He's no pushover, particularly on matters of financial fraud.

And never mind the fact the big wigs from all corners hate MADE OFF's guts right now and just soon see him thrown in a hole.

 

[tk149]

Presumed innocent until proven guilty.

Unless you want to change that rule, we're stuck. I do wish bail had been set at $1 billion, but maybe the judge already set the maximum, I don't know.

And as others have pointed out, he's probably safer at home than in jail. The judge may just want to keep him alive until trial.

 

[Lemon law]

If nothing else, Judge Ellis greatly increased the scrutiny of Madoff, making it now damn near impossible for him to syphon cash out to his family or buddies.

Personally, I thing Ellis should have jailed him for breaking original terms of bail, and in the grand scheme of things, its hard to get terrifically worked up about this, because of the far greater concerns that are out there. With a little luck, Madoff will push his luck, try some stunt, and then will find himself in jail shortly thereafter.

And I sure do not want to see Madoff have grounds for appeal, and don't want to see him die with appeals outstanding, because then, he would join Ken Lay, as technically innocent in the eyes of the law.

 

[Woofmeister]

Originally posted by: Lemon law
If nothing else, Judge Ellis greatly increased the scrutiny of Madoff, making it now damn near impossible for him to syphon cash out to his family or buddies.

Personally, I thing Ellis should have jailed him for breaking original terms of bail, and in the grand scheme of things, its hard to get terrifically worked up about this, because of the far greater concerns that are out there. With a little luck, Madoff will push his luck, try some stunt, and then will find himself in jail shortly thereafter.

And I sure do not want to see Madoff have grounds for appeal, and don't want to see him die with appeals outstanding, because then, he would join Ken Lay, as technically innocent in the eyes of the law.

If convicted, Madoff will appeal regardless of whether or not he has legitimate grounds. All convicted felons appeal their convictions and it is their right to do so. As you note, if Madoff dies while his appeal is still pending, his conviction will be expunged.

 

[Lemon law]

Woofmeister is indeed correct, Madoff will appeal, but his appeals run out far sooner if the State gives him no legitimate reasons to appeal.