What are your thoughts on Bernie Madoff's 150-year prison sentence? 
Quote – "He lives in a 'tormented state' because he got caught. Thank you, Judge Chin."
What are your thoughts on this topic? Submit your comments and read the opinions of others.
June 30, 2009 5:23 AM
Jim J. Duluth, MN
It normally takes a team of accountants, stock brokers, lawyers and more to operate the kind of multibillion-dollar international investment fund that Madoff ran from the 17th floor of his Manhattan headquarters. There's no way one 70 year old Madoff did this without any help.
The SEC shouldn't rest until all the principal players are prosecuted. His wife walked away with $2.5 million and withdrew $15 million from the company just days before his arrest. Madoff's brother Peter transferred the title of his Palm Beach home, worth around $5 million, to his wife Marion making her the sole legal owner of their home very close to the time the investigation was launched.
Confiscate every last asset of the ill-gotten wealth the government can find and redistribute it to the victims who have had their lives shattered.
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June 29, 2009 10:28 PM
DR Z. Duluth, MN
Even though Madoff had this scheme going since the 80's, it was all Bush's fault, according to David C. Ya just gotta shake your head and laugh.
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June 29, 2009 10:21 PM
Eldon Jr K. Duluth, MN
Madoff is an example of how the system should work. Most people in business are honest and should be left to make our economic situation better. But then you have people like Madoff that destroy that trust and deserve to be punished harshly both as a deterrent and to punish those that make most of the rest look so bad.
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June 29, 2009 9:28 PM
dugger w. Duluth, MN
GOOD, EXCELLENT, GREAT, and FANTASTIC!
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June 29, 2009 5:30 PM
David C. Superior, WI
Where was the oversight. Bush turned off the warning systems and said his friends could do anything. So they spend 8 years hurting the poor and the middle class and lining their pockets. Now we have these crimes and a busted economy. The oversight has to apply to all of us.
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June 29, 2009 5:13 PM
Eldon Jr K. Duluth, MN
Madoff is an example of how the system should work. Most people in business are honest and should be left to make our economic situation better. But then you have people like Madoff that destroy that trust and deserve to be punished harshly both as a deterrent and to punish those that make most of the rest look so bad.
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June 29, 2009 5:10 PM
Mike H. Duluth, MN
They should have let all the people he stole from stone him to death in Times Square. Public humiliation and punishment is whats going to deter some people from committing crimes.
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June 29, 2009 3:25 PM
Gerry H. Duluth, MN
Boy, I'd like to see the look on his face the day he gets out.
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June 29, 2009 3:10 PM
D A. Duluth, MN
If his kids don't go to jail then he got away with it.
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June 29, 2009 2:55 PM
Bruce H. Cloquet, MN
The length of the sentence is about right. But I'm sure he will spend it in a country club white collar correctional facility. Big whoop! Send him to a Federal Super-max prison. To bad Gitmo is closing. That would be a good place for him.
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