Bernie Madoff Sentenced to 150 Years
Ponzi mastermind Bernie Madoff’s day of 
reckoning has come. A federal judge sentenced Madoff to 150 years, the maximum sought by the prosecution, according to CNN.
Following the sentence, Madoff offered an apology to his victims.
I live in a tormented state for all the pain and suffering I created,
Madoff said. “I left a legacy of shame. It is something I will live with for the rest of my life.
Madoff orchestrated a massive securities fraud that swindled investors out of billions of dollars. Much of that money is still unaccounted for, and Madoff is expected to be forced to pay back his victims.
Madoff’s defense attorney had asked the judge for a 12 year sentence, arguing that at age 71, his client’s life expectancy would make even that sentence a life sentence.
July 7th, 2009 at 1:56 pm
A happy ending for the victims. This only proves the fact that people should try to be careful when dealing with other individuals since the cloud of misconception would normally cover the true intention of a person. No one could rightly say the true intention of an individual, not only something bad or good takes place. And sadly, when the bad thing happens, its too late to compensate for the lost.