Thursday, March 12, 2009

Go to jail, go directly to jail



There is much chatter about the anitclimax that was Bernard Madoff's day in court. He pleaded guilty to all counts. Victims were allowed to speak only if they objected to Madoff's guilty plea. "I cannot adequately express how sorry I am for my crimes." Umm, no, he can't. To do that, he'd have to come up with the $171 billion in restitution the prosecutors want and turn state's evidence. But that seems unlikely since he is refusing to cooperate with investigators. He's facing a possible 150 years in jail at his sentencing hearing set for June 16. Madoff is looking at a long stay as a guest of the federal government. Let's hope he lives long for prospering on the trust of his victims.

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