Monday, June 29, 2009

Pft, he'll die way before that

Well, the Madoff sentencing was today and the man who fleeced investors out of billions was given a sentence of 150 years.
Notorious Ponzi scammer Bernie Madoff has been sentenced to the maximum 150 years in prison for the $65 billion fraud that swindled his many devastated victims. Denny Chin said the sentence was a symbolic one for a crime that showed "extraordinary evil" and "took a staggering human tool (sic.)." [Ed. Note: I’m assuming the spelling error there, but I suppose the guy could’ve just been calling him a tool]. Madoff, addressing the court in a dark suit for about six minutes, said that when he started the scam, he thought he'd be able to "work my way out." He said he lives in a tormented state and expressed regret of leaving a "legacy of shame" to his family and grandchildren." Madoff said his wife Ruth will make a statement later today. He maintained that he acted alone, saying, "How do you excuse lying to brother and sons? How do you excuse lying and deceiving a wife who stood by you for 50 years and still stands by you? There is no excuse for that and I don't ask for forgiveness." He then faced his victims in court and said, "I'm sorry." When the sentence was read, the courtroom broke out in applause. [Source: abcnews.com].

The important thing is, he said he was sorry. I remembered reading a little while ago that his attorneys were trying to get him a twelve year sentence. EPIC FAIL. But hey, that's what you get for fucking with Kevin Bacon.

In other news, I wrote this post in 46 seconds. New record!

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