Bernie Madoff gets 150 years in prison

Mageling · 06-30-2009, 09:21 AM

NY Times article

I didn't see this posted anywhere in any topics on the front page, but thought it interesting though.

What are your thoughts on this?
Was it good that they have thrown this guy away for the rest of his life?
Will this make other people scared to follow those shoes in the future?

Nobody has said if he going to a more "minimum security" resort type prison, or if he's going to a more hardcore state prison. I guess that decision is made sometime in the next week or so.

Quineloe · 06-30-2009, 09:29 AM

Quote:

Originally Posted by Mageling

Was it good that they have thrown this guy away for the rest of his life?

What other option is there? The moment he leaves prison, someone will kill him.

Quote:

Will this make other people scared to follow those shoes in the future?

if there's enough money to be stolen, some people will take any risk.

Obsidian · 06-30-2009, 09:42 AM

Quote:

Originally Posted by Mageling

NY Times article

I didn't see this posted anywhere in any topics on the front page, but thought it interesting though.

What are your thoughts on this?
Was it good that they have thrown this guy away for the rest of his life?
Will this make other people scared to follow those shoes in the future?

Nobody has said if he going to a more "minimum security" resort type prison, or if he's going to a more hardcore state prison. I guess that decision is made sometime in the next week or so.

I read on CNN yesterday that he won't be allowed to go to a minimum security prison because of the amount of money involved. They said he would end up in a medium security prison.

Cathan · 06-30-2009, 09:46 AM

Guy got what he deserved, at least from the system. If there's a hell he's earned his way into it.

Kaige · 06-30-2009, 09:48 AM

He gets solitary too I think.

lendarios · 06-30-2009, 10:21 AM

he is gonna get raep.

Astrocreep · 06-30-2009, 10:23 AM

150 years is ridiculous, the man is what 75? give him 10 years and thats easily a life sentence, those people arent getting their money back. Madoff spent his whole life ripping people off. he gets the last laugh and now he will be taken care of by the state free of charge for the remainder of his life and becuase im sure he has money tucked away he can grease the wheels in prison for much better treatment. a proper sentence would be to put madoff on the street with just the clothes on his back and have every single dime he owns distributed to his victims. his wife is complaining because the government is only going to leave her with 2.5 million dollars. poor baby.

Mageling · 06-30-2009, 11:17 AM

Quote:

Originally Posted by Astrocreep

150 years is ridiculous, the man is what 75? give him 10 years and thats easily a life sentence..

I think this is what they are trying to avoid. If they set a precident of leniant prison terms in his case, future cases may be expected to have lowered sentences as well. I think they are definitely "making an example" of him, but yeah, it's a death sentence for the guy.

I hadn't thought about the medium security prison thoughts though. He WAS in for a lot of money, and the probability that something would happen to him is fairly high.

Mudcrush Durtfeet · 06-30-2009, 11:22 AM

In contrast to the amount of damage he did, his sentence was quite light.

Soriak · 06-30-2009, 11:23 AM

Ridiculous sentence - I'd give him a fine and, at most, 2 years of house arrest. Why should taxpayers pay to lock him up? He's not a threat to anyone as nobody is going to trust him with their money again.

Let's face it: investors who lost their money must have known this wasn't legit and simply wanted to profit before the whole thing went bust. They were professionals and not 80 year old ladies. If you consistently get that kind of return and aren't suspicious enough to take a very thorough look at how that profit is being generated, you deserve what you have coming.

Arbitrary · 06-30-2009, 11:34 AM

We punish the ever living shit out of generic criminals so I am totally fine with this piece of garbage getting a terminal sentence.

Astrocreep · 06-30-2009, 11:36 AM

I still think hes got a backup plan to bust out and skip the country with his billions. with enough cash its not hard to smuggle yourself out of the US and even easier to get a fake ID and passport and travel abroad with no worries about getting caught.

Manseed · 06-30-2009, 11:39 AM

Quote:

Originally Posted by Astrocreep

I still think hes got a backup plan to bust out and skip the country with his billions. with enough cash its not hard to smuggle yourself out of the US and even easier to get a fake ID and passport and travel abroad with no worries about getting caught.

This isn't the movies. He's going to die in prison.

Astrocreep · 06-30-2009, 11:49 AM

Quote:

Originally Posted by Manseed

This isn't the movies. He's going to die in prison.

yeah you're right, his big chance was skipping town when he was under house arrest, if he didnt do it then he sure as hell wont be able to do it now.

Kragg Goremaw · 06-30-2009, 12:25 PM

I never understood the whole concept of life without parole or multiple life sentences, if you are going to sentence someone to die in prison why not just give them the death penalty and get it over with already?

Either way he is going to die in jail the difference is when and how much it costs the public.

06-30-2009, 09:21 AM	#1 (permalink)
Mageling wtf m8? Join Date: Mar 2004 Posts: 624 -5 Internets	Bernie Madoff gets 150 years in prison NY Times article I didn't see this posted anywhere in any topics on the front page, but thought it interesting though. What are your thoughts on this? Was it good that they have thrown this guy away for the rest of his life? Will this make other people scared to follow those shoes in the future? Nobody has said if he going to a more "minimum security" resort type prison, or if he's going to a more hardcore state prison. I guess that decision is made sometime in the next week or so.

06-30-2009, 09:46 AM	#4 (permalink)
Cathan Pope of the Cathan Throng! Join Date: Mar 2003 Location: New Orleans Posts: 1,141	Guy got what he deserved, at least from the system. If there's a hell he's earned his way into it. __________________ You Better Shut Your Mouth or I'll FUCK IT!!!!!!!

06-30-2009, 09:48 AM	#5 (permalink)
Kaige The Diet Coke of Evil Join Date: Dec 2003 Posts: 1,476	He gets solitary too I think. __________________ Kaige Diplomacy: The ability to tell someone to go to Hell so that they'll look forward to making the trip.

Thread Tools
Show Printable Version Email this Page
Display Modes	Rate This Thread
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode	Rate This Thread:

06-30-2009, 10:23 AM	#7 (permalink)
Astrocreep Flings doodoo and poopoo Join Date: Jun 2002 Location: NYC Posts: 5,731	150 years is ridiculous, the man is what 75? give him 10 years and thats easily a life sentence, those people arent getting their money back. Madoff spent his whole life ripping people off. he gets the last laugh and now he will be taken care of by the state free of charge for the remainder of his life and becuase im sure he has money tucked away he can grease the wheels in prison for much better treatment. a proper sentence would be to put madoff on the street with just the clothes on his back and have every single dime he owns distributed to his victims. his wife is complaining because the government is only going to leave her with 2.5 million dollars. poor baby.

06-30-2009, 11:22 AM	#9 (permalink)
Mudcrush Durtfeet Registered User Join Date: Dec 2002 Posts: 126 -2 Internets	In contrast to the amount of damage he did, his sentence was quite light.

06-30-2009, 11:23 AM	#10 (permalink)
Soriak Registered User Join Date: May 2002 Location: NYC Posts: 5,830 +54 Internets	Ridiculous sentence - I'd give him a fine and, at most, 2 years of house arrest. Why should taxpayers pay to lock him up? He's not a threat to anyone as nobody is going to trust him with their money again. Let's face it: investors who lost their money must have known this wasn't legit and simply wanted to profit before the whole thing went bust. They were professionals and not 80 year old ladies. If you consistently get that kind of return and aren't suspicious enough to take a very thorough look at how that profit is being generated, you deserve what you have coming.

06-30-2009, 11:36 AM	#12 (permalink)
Astrocreep Flings doodoo and poopoo Join Date: Jun 2002 Location: NYC Posts: 5,731	I still think hes got a backup plan to bust out and skip the country with his billions. with enough cash its not hard to smuggle yourself out of the US and even easier to get a fake ID and passport and travel abroad with no worries about getting caught.

06-30-2009, 12:25 PM	#15 (permalink)
Kragg Goremaw Gayest of the Gay Fish Join Date: Feb 2008 Posts: 205 +2 Internets	I never understood the whole concept of life without parole or multiple life sentences, if you are going to sentence someone to die in prison why not just give them the death penalty and get it over with already? Either way he is going to die in jail the difference is when and how much it costs the public.