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Sun 5 Apr, 2009 08:00 am
If I were the judge, to hell with prison time. I would sentence Madoff to live in public housing, welfare income/food stamps/ soup kitchens and medicare.
@dyslexia,
Why punish the innocent?
(...by innocent I am not referring to Madoff)
@dyslexia,
Bernie Madoff, who stole billions, should have a sentence proportional to Martha Stewart's, who stole nothing.
I think he should be made to live in a brick room, with the only stimulation allowed being a loop video of Roseanne Barr doing her version of the National Anthem.
@edgarblythe,
edgarblythe wrote:
I think he should be made to live in a brick room, with the only stimulation allowed being a loop video of Roseanne Barr doing her version of the National Anthem.
that's cruel and unusual punishment
In addition, since he was basically a racketeer, every penny that he made during this run should be confiscated. All taxes paid by any person at the top of the Ponzi should be put into a fund and all the regulators who missed this should lose half of their salary for the rest of their days, including pension proceeds.
@JTT,
But. . . but that would mean he couldn't use stolen money to provide his own defense under RICO rules. For once, I love it.
@dyslexia,
Give Edgar some time and I'm sure that he can come up with some crueler and unusualer punishment.
@roger,
Then would the taxpayer be paying for his defence? Maybe OmsigD will run a pro bono defense team.
@JTT,
Taxpayers pay for public defenders, but they don't pay much. Defendant gets the luck of the draw. In fact, the court would probably appoint someone at least competent.
@roger,
Quote:Taxpayers pay for public defenders, but they don't pay much
The ultimate irony, Roger. The rich guys got stiffed by a rich guy and the taxpayer has to defend the rich guy for the rich guys.
@JTT,
I am kind of gratified that most of us didn't "qualify" for those exclusive funds of his. I understand that you had to have serious clout to get ripped of by Madhoff.
@roger,
That's what I've heard too. What I haven't heard is any of the folks at the top of the pyramid offering to share their "profits".