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MSNBC: Madoff could face 150 years in prison. What do you think he'll actually get?

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LostInAnomie Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 02:47 PM
Original message
MSNBC: Madoff could face 150 years in prison. What do you think he'll actually get?
I bet he never spends a day in prison.

I bet even if he pleads guilty he'll keep it tied up in court until he dies of old age. Then, I bet his wife and family get to keep everything.

It will be Ken Lay: part 2.
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SammyWinstonJack Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 02:49 PM
Response to Original message
1. You're probably right. Insult to injury, he and his family keep everything.
x(
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gratuitous Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 02:50 PM
Response to Original message
2. One week locked in a room
While Jim Cramer and Rick Santelli expound on their various theories of economic brilliance. Punishment to fit the crime.

Although there'd probably be some activist law-and-order judge who would find an Eighth Amendment prohibition against it.
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Parker CA Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 02:50 PM
Response to Original message
3. Not sure what the outcome will be, but 150 years seems impossible. n/t.
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bluestateguy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 02:50 PM
Response to Original message
4. He ought to be sentenced to a judicial execution
Preferably by hanging, as some states still do.
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MUAD_DIB Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 03:27 PM
Response to Reply #4
17. The crime is large enough to match that action. IMHO...
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Giant Robot Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 02:51 PM
Response to Original message
5. If I were a betting person I would say
Double down on not spending a day in prison. Probably probation and some meager fine.

I'd bet on it myself, but fuck if I have the money to do so.
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WinkyDink Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 04:31 PM
Response to Reply #5
33. What happened to Neil "Silverado" Bush?
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Vickers Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 02:51 PM
Response to Original message
6. The way things have been lately? A bonus.
:P
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CLG_News Donating Member (387 posts) Send PM | Profile | Ignore Tue Mar-10-09 02:52 PM
Response to Original message
7. Six hours and then the Kenny Lay pseudo-heart attack?
n/t
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notadmblnd Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 02:53 PM
Response to Original message
8. time served in his penthouse
and maybe a small fine. I don't think they'll take anything from him that would cause him to urt in the slightest way.
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anonymous171 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 02:54 PM
Response to Original message
9. No, he will "die" before he is sent to jail. That's my bet. nt
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rollingrock Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 02:56 PM
Response to Original message
10. He probably bought off the judges
therefore, he walks.
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valerief Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 02:58 PM
Response to Original message
11. A villa in Dubai. nt
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HiFructosePronSyrup Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 03:00 PM
Response to Original message
12. Life.
Whatever sentence he ends up with, he won't live to the end of it. I'm not saying he'll die in prison. But he will die in some release program under house arrest due to failing health.

It's not like this is a guy who ripped off weak, poor people and gets away with it.

He ripped off powerful people.
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MannyGoldstein Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 03:11 PM
Response to Original message
13. He'll Die In Jail
He probably traded for reduced charges on his family.
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liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 03:11 PM
Response to Original message
14. A slap on the writs and told not to get caught next time
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lurky Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 03:24 PM
Response to Original message
15. I'm guessing he'll be restricted to his
$7 Million, 10,000 square foot penthouse on Park Avenue for six months. Because he is already being forced to endure this hellish existence while awaiting trial, he will be let go on time served. Oh, I almost forgot: He will have to pay some fines, too.
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MUAD_DIB Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 03:28 PM
Response to Reply #15
19. Fines? 10 cents on the 100 million?
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lurky Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 06:25 PM
Response to Reply #19
36. Sounds about right...
I also figure he's been stashing money in various offshore accounts for years, like a squirrel burying acorns. I doubt prosecutors will ever find it, or even look especially hard.
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WI_DEM Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 03:25 PM
Response to Original message
16. They shouldn't protect his wife either and give her $60 million and a town house
They should sell all of that and give to his victims.
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Critters2 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 03:27 PM
Response to Original message
18. "Fatal" heart attack, followed by years on the beach in Antigua. nt
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FreeStateDemocrat Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 03:29 PM
Response to Original message
20. Sentenced to appear on Dr. Phil show and confess his sins (with prerequisite histrionics) and then
listen to the sham “doctor's" obnoxious pontification of what is required for redemption and absolution.
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Rebubula Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 03:32 PM
Response to Original message
21. Madoff
What a complete douche and what an incompetent justice department.

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rvablue Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 03:34 PM
Response to Original message
22. Anyone who thinks this guy is going to do any serious time or have to forfeit
all of this stolen money is kidding themselves.

Wait and watch for tomorrow. He'll probably do 6-12 months in a country club "prison" and his grifting, nasty, lying wife will be able to keep "her money."

But if I go to the supermarket today and steal a $3 bag of chips, I would most definitely pay a higher price.

It's an effin' joke.
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damntexdem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 03:39 PM
Response to Original message
23. Hey, I could go with reducing it to 125 years.
Oh, I'll be merciful, 110 years.

Oh, sure he'll try to keep it tied up in court, but he'll screw up: he'll figure he can do so without every undertaking any court filings. ;-)
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Enthusiast Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 03:51 PM
Response to Original message
24. 18 months in Club Fed. nt
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marshall Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 03:57 PM
Response to Original message
25. An interrview with Oprah?
Or Dr. Phil if she's busy.
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AngryOldDem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 04:05 PM
Response to Original message
26. He'll go to a fed country club.
But most likely what will happen is the "keep it tied up in the courts 'till I die" scenario, as you outlined above.

These guys never get what they so richly deserve. Why should Madoff be any different?
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otohara Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 04:19 PM
Response to Original message
27. I'd LIke to See What CNBC Oracles Have Said in Past
about Bernie boy.
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RiverStone Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 04:26 PM
Response to Original message
28. Sentenced to live in a sheet metal shack in Calcutta India
Donate all his assets back to the people he stole from, give the rest to charity.
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spiritual_gunfighter Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 04:26 PM
Response to Original message
29. He will pull a Ken Lay
"Die" two weeks before the start of the trial and spend the rest of his days on an island in the south pacific.
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Vinca Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 04:28 PM
Response to Original message
30. I'm going way out on a limb . . . 20 years.
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Lance_Boyle Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 04:29 PM
Response to Original message
31. set free, then capped in the street by one of his victims
Like a poster above said, he ripped off powerful people. He's too rich for (J)ustice, but nobody's too rich for (j)ustice.

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guitar man Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 04:29 PM
Response to Original message
32. I bet he doesn't spend a day
Or spends a very small token amount of time at a minimum security white collar facility. If that happens and a mob of the people he ripped off chases him down and beats him to death, I won't shed a tear nor would I support prosecution for anyone in the mob.
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ReliantJ Donating Member (680 posts) Send PM | Profile | Ignore Tue Mar-10-09 04:31 PM
Response to Original message
34. He Madoff with alot of money
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Hubert Flottz Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 04:32 PM
Response to Original message
35. 6 months
Home confinement and he's already served most of that...

I wonder why other bank robbers and their wives don't get to keep the loot they steal?
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SoCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 06:42 PM
Response to Original message
37. A catered luncheon, a goodie bag, and a stern glance.. n/t
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