Bloomberg reports:
June 29 (Bloomberg) — Bernard Madoff told a federal judge he had no excuses before a judge sentenced him to 150 years for masterminding the largest Ponzi scheme in history.
Update:
It’s probably no consolation for Bernie, but it could have been worse.
NORRIS AND ROSS MCWHIRTER’S 10 BEST ODDITIES
The Longest Prison Sentences.
“The longest recorded prison sentences were ones of 7,109 years, awarded to 2 confidence tricksters in Iran (formerly Persia) on June 15, 1969
Related links:
Madoff’s crimes were “extraordinarily evil”, judge says - NYTimes
Wall St’s white-collar criminals - FT Interactive Graphic
The Madoff Scandal - FT InDepth
