Somehow, I find that hard to believe...The latest news is that Bernard Madoff will plead guilty to all charges.
Supposedly, he is scheduled to plead and grovel before the court this Thursday, and then return for sentencing several weeks later.
Given that justice favors the wealthy, he will likely be given time after sentencing to attend to his affairs prior to reporting for actual prison.
This is what often bothers me about our system. The wealthy get a different level of justice than the rest of us. Madoff, who 'mad-off' with billions, was given a postable bail, and allowed to remain in his $7 million home pending trial. If it was some blue-collar dude who ripped off a few grand, he would have been in jail the whole time.
My suspicion, given that the creep is 70yrs old, is that this guy will likely take an overdose of sleeping pills before he reports to serve his 150yrs.
And why not? He's been ripping off the citizens for 20yrs. Why not steal justice from them,too?
***Update: I was wrong. The judge revoked his bail and he was led away in cuffs.
4 comments:
Doesn't he somewhat resemble Hyman Roth from Godfather Part II?
"This is the business we have chosen!"
I have limited sympathy for anyone who entrusted their money to a guy whose name is literally pronounced "made off".
(Also, the whole thing about the graph of his returns being a straight line at a 45-degree upward angle...)
i heard he was showing unbeleivable gains even when everything was down. incredible.
Brian - indeed... some people should consider their names when looking for a career path.
We once had a trip to the E.R., the doctor walked in and said "I'm Doctor Graves."
There was a brief silence, and I said "seriously? Dr. Graves... and you work in the E.R.?"
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