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Forums - General - Madoff faces 150 years in prison

Bernie Madoff steals $50 billion from investors and gets only 150 years in prison. The man is 70 years of age and has been a criminal for a very long time. He was the former head of Nasdaq. Madoff is one of the main corporate criminals responsible for economic crisis gets rather off lightly IMO.

Only half a billion dollars is recoverable - practically all of the money is unrecoverable. All those poor investors regardless of socio-economic class (celebrity or not) are left out to dry.

Madoff will more than likely die within 10 years, he is an old man and old men die. 10 years is not a long time to rot and die in prison.

Heaps of other articles can be found on this case.

(heaps of articles http://www.guardian.co.uk/business/2009/mar/11/bernard-madoff-charges



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trust me, life in prison is the best possible way for him to go.

Can you imagine how many pissed off people would be after his head if he were NOT in prison?



^ well not here.

people will money can even get laptop and LCDS in their prisons.

i hope thats not the same in other countries.



How about shaving off 100 years and confiscated all his money, properties, belongings, etc?



Wow he will be 220 years old when he may leave the prison;



 

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Galaki said:
How about shaving off 100 years and confiscated all his money, properties, belongings, etc?

 

they would if they could. The big question now is "where is the money?"

 

its probably in some swiss bank account somewhere. I say punish him by taking away his passport and by publishing his address to everybody. Then look the other way if *anything* were to happen



Lostplanet22 said:
Wow he will be 220 years old when he may leave the prison;

well at most he will live 20 years more (doubtful), so what are they going to do keep the body for 150 years?.

if possible torture (don't kill him) those 15-20 years sounds like a good punish.



That Guy said:
Galaki said:
How about shaving off 100 years and confiscated all his money, properties, belongings, etc?

 

they would if they could. The big question now is "where is the money?"

 

its probably in some swiss bank account somewhere. I say punish him by taking away his passport and by publishing his address to everybody. Then look the other way if *anything* were to happen

Where's the money?  It was a gaint Ponzi scheme, which means that old investors were paid with the money of new investors.

@OP

It sounds to me like he will be in prison for the rest of his life.  What more could they do?



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that all? They should give him like 500 years! XD!