Bernard Madoff Sentenced for 150 years... What do you think about it???

@FreakQD (867)
India
June 29, 2009 1:56pm CST
Today, judgement was released stating that Bernard Madoff has been sentenced for 150 years. Do you think that this punishment is justifiable or a stronger punishment should have been imposed so that it would send a strong message to those who try to commit the same criminal activity? I feel that, this judgment will not send a strong message to others as Mr. Madoff is already 71 years old and how long he is going to bear this? The crime which is committed is extremely evil and it’s a bloodless crime. He started cheating people irrespective of rich, poor and others to lead a luxurious life. If he had not been selfish like this, billions of money would have been saved. So, what do you feel about this???
8 responses
@iriscot (1290)
• United States
30 Jun 09
I feel the sentence was about right, this way he will never be released and will probably die in prison. I hope he has to work in the laundry area or be on KP as we called it in the service. He stole people's money and life savings of many of them. They trusted him and believed in him, he betrayed their trust. He lived in luxury while stealing all of this money. The things that his wife owns came from the thefts he made, she should have to turn over all of the luxuries and they should be sold and the money given back to the ones he stole from.
@us2owls (1681)
• United States
30 Jun 09
Iris - I agree where the wife is concerned - let her go penniless like they made others. They don't need to try telling me she didn't have her sticky greedy fingers in the pot of gold.
• India
30 Jun 09
Latest news is that his family denied to know of the frauds that Bernard Madoff did and say they have nothing to do this .
• United States
29 Jun 09
I doubt he'll ever serve the majority of it as you said he's fairly up there in years & they are up for parole usually within a few yrs anyway. I do think he should of gotten one of those fun judges with creative sentances or stipulations. You know something like he should work at the prison cafeteria or whatever and all his earnings go into a trust that gets split up annually back to his "victems"
@FreakQD (867)
• India
2 Jul 09
Hey Snuggle, you r rite.. With the money power he has got, he would easily come out of this. And this will not send a strong message to other culprits and people will try to continue this crime again and poor people will fall as victim again...
• United States
2 Jul 09
Really what does he care, he's enjoyed a life of luxuries I would say 99.9% of us will never enjoy in our lifetimes, unless we are touring some richie rich's home. Sometimes that's why in a way I don't mind creative sentancing or even the extreme of "an eye for an eye" that they do in the middle east. Don't they chop your finger or hand off if you steal? Or was that something they used to tell us to scare us to behave when I was a kid.
@ra1787 (501)
• Italy
29 Jun 09
I think that the sentence is a little bit exhaggerated, he made people lose money, and he stole part of that money, but there are people that for killing a person or for raping a woman get sentenced to less years. Crimes against the property should be less punished than crimes against persons. At least it is so in my country italy (well actually here the thing is exhaggerated in the other sense, people get away with just few years for this kind of things). This sentence anyway has a strong political motivation, punishing someone and putting the blame of the economic situation on financial speculators, and putting away the blame from the economic system as a whole.
@nangel78 (1458)
• United States
29 Jun 09
He got what he deserved since he did steal a lot of money from those people. I am not sure if it will send a strong message, but he got what was coming to him.
@FreakQD (867)
• India
2 Jul 09
Hey Nangel, thanks for taking ur time to make a reply to my post!
@Uroborus (910)
• Canada
29 Jun 09
OK, I have to ask. if you don't think that 150 years in jail is harsh enough, then, dare I ask, what would you propose. I think what Madoff did is horrible, but I would not agree with you that it was "evil". What he did was wrong, no doubt, but evil is much more than that. Usually evil involves the taking of life, and although loosing money is awful, it isn't loss of life. Remember that many of the people who lost money also were greedy themselves. Most of the money lost was that of other rich people, who invested with Madoff after he promised high rates of return many years in a row. Anyone who promises such a high rate (unreasonably high one might say) of return should be looked at with skepticism. Getting 150 years is a strong message.
@FreakQD (867)
• India
2 Jul 09
My friend, I am not saying that 150 years is less or so. I mean to say that, how long he is going to feel for it? these big shots, used to come out very easily with the money power they got and this imprisonment will be of no use...
@zed_k4 (17624)
• Singapore
30 Jun 09
It sounds like a lifelong sentence to me.. This goes to show that being greedy for money doesn't help. I hope that I will never succumb to greed and doing offenses like that ever.. I don't know what to make of that sentence. I'll read on what others have to say.
@4ftfingers (1313)
30 Jun 09
I think it just goes to show how in our capitalist countries financial crimes are a much bigger deal than murder, rape or any other crimes commited against another person or people. Money is more important than people, and that's quite sad.
• United States
30 Jun 09
That's not right,he's already old,I mean come on,at least make him do 7 years,now that's reasonalble