Madoff pleads guilty - GoFuckYourself.com

StuartD · 03-12-2009, 07:25 AM

http://money.cnn.com/2009/03/12/news...ance/index.htm

All 11 counts. Guilty.

Fletch XXX · 03-12-2009, 07:29 AM

taking bets on his sentence,...

StuartD · 03-12-2009, 07:33 AM

Well, they say it could be up to 150 years but really, at 70 years old he'd last what.. 10?

But since he's rich and all, I'd guess he's confined to his house or something stupid like that, to live out his days in the lap of luxury to pay for his crimes.

Besides, as the last sentences says... only a fraction of the money has been found. That would be the real punishment. Take that all away. But they will never find it all.

GatorB · 03-12-2009, 07:37 AM

Quote:

Originally Posted by StuartD

Well, they say it could be up to 150 years but really, at 70 years old he'd last what.. 10?

But since he's rich and all, I'd guess he's confined to his house or something stupid like that, to live out his days in the lap of luxury to pay for his crimes.

Besides, as the last sentences says... only a fraction of the money has been found. That would be the real punishment. Take that all away. But they will never find it all.

As I said in another thread I'm sure he has a deal where his sentence will get reduced for every billion he returns. The guy who founded all those boy bands got that kind of deal when he was sentenced.

HorseShit · 03-12-2009, 07:38 AM

interesting

The Judge · 03-12-2009, 07:41 AM

the boy band guy was also a member of the dominating ethnic minority

tranza · 03-12-2009, 07:42 AM

Nice!

LiveDose · 03-12-2009, 07:44 AM

Thank god he's not going to drag this thing out and fight.

qxm · 03-12-2009, 07:46 AM

yeap.. .hes now going to get a life sentence.... but even if they were to give him 20 years (which is not possible at all I know) ... that would be life for him...

Also.. I hear he is going to a SuperMax because of the size of the fraud ... now thats crazy lol...

Magnus · 03-12-2009, 07:49 AM

I hope they yank all assets and money from the wife and sons to.. "they didn't know" is full of shit.

StaceyJo · 03-12-2009, 08:19 AM

Nice, applause to that!

Tom_PM · 03-12-2009, 08:21 AM

FINALLY he's going to JAIL. No more penthouse apartment.

pornguy · 03-12-2009, 08:22 AM

Quote:

Originally Posted by StuartD

Well, they say it could be up to 150 years but really, at 70 years old he'd last what.. 10?

But since he's rich and all, I'd guess he's confined to his house or something stupid like that, to live out his days in the lap of luxury to pay for his crimes.

Besides, as the last sentences says... only a fraction of the money has been found. That would be the real punishment. Take that all away. But they will never find it all.

Simply put. The judge should say.. Give every dime back or you get 150 years in a STATE prison.. NOT FEDERAL CAMP CUPCAKE

Fletch XXX · 03-12-2009, 08:29 AM

he will not be put anywhere near "rapists"

and he will be allowed to spend your tax money worshipping his lord, which he seemed to forget about when committing his crime..

Quote:

Because crimes such as rape and murder are usually prosecuted under state laws, “in general, the federal system is less violent,” said Peter Henning, a law professor at Wayne State University in Detroit. “Madoff will be put in with the least violent.”

Madoff, who is Jewish, may be assigned to one of several U.S. facilities in the New York area, including the Federal Correctional Institution in Otisville, New York, 70 miles from Manhattan, where ultra-Orthodox Jews run religious services inside the prison, he said.

http://www.bloomberg.com/apps/news?p...d=aQfzxHFaj_Co

gotta love being placed in certain prisons becaue of your religion LOL

ShellyCrash · 03-12-2009, 08:34 AM

it's such bullshit.. like his bail / bond arrangement. He has to pay the state of new york X amount for guards, etc. The guy shoudl have NO MONEY AT ALL. Every fucking dime should be frozen and turned over.

If he was someone else and had stolen jewelry from a jewelry store and given it to his wife, the law would take it back. If someone stole a car from a dealership and gave it to their son, the law would take it back. So in my opinion all the assets he transfered to his family members gets seized to- it's not rocket science, it's STOLEN MONEY.

If they don't throw the book at this guy, which if what's been going on so far is any indication they won't, it provides 0 deterrent to curb other people from stepping right into his shoes.

Azoy? · 03-12-2009, 08:49 AM

Quote:

Originally Posted by StuartD

http://money.cnn.com/2009/03/12/news...ance/index.htm

All 11 counts. Guilty.

Yah yah, old news by now.
Frankly I am surprised no one took revenge on this guy hired a hit man and wack him off. Maybe it will happen in jail.

StuartD · 03-12-2009, 08:58 AM

http://money.cnn.com/2009/03/12/news...ance/index.htm

"I operated a Ponzi scheme," said Madoff to the packed courtroom, after U.S. District Judge Denny Chin told him to explain his crimes.

"I thought it would end quickly, but it proved impossible," said Madoff, who stole from more than 4,000 victims through his investment firm. "I am ashamed for these criminal acts. I always knew this day would come."

...

Richard Friedman, an accountant who said he lost $3.1 million to Madoff, told CNN that he hopes Madoff is sentenced to the full 150 years and that he "lives a very long life" in prison.

"The crime is really unimaginable," said Friedman. "It's not just a typical Ponzi scheme. It affects society as a whole. You don't just have to be a Madoff investor to be affected by this."

Friedman also blamed the Securities and Exchange Commission for allowing the scheme to go undetected for so long, and said that Madoff's family members are probably complicit and should go to prison.

"There's no way he could have acted alone," said Friedman. "There had to be other people involved. The whole family, as far as I'm concerned, once proof becomes available, should be thrown in jail."

HomerSimpson · 03-12-2009, 11:38 AM

150 years won't get that money back
but will be a good example for the future Madoffs

he's already dead (over 70yo) so smaller sentence will make no sense
big sentence will be a message not to fuck with other peoples' money like he did...

Fletch XXX · 03-12-2009, 11:40 AM

Quote:

Originally Posted by StuartD

"There's no way he could have acted alone," said Friedman. "There had to be other people involved. The whole family, as far as I'm concerned, once proof becomes available, should be thrown in jail."[/i]

anyone who thinks the wife is not in on this is the same ones whod fall for Ponzi scheme.

he was mailing her stuff while waiting to be arrested !!!

"heres 4 mil in cash and a bag of diamonds and rubys, stash em for me"

John-ACWM · 03-13-2009, 05:42 AM

Quote:

Originally Posted by HomerSimpson

150 years won't get that money back
but will be a good example for the future Madoffs

he's already dead (over 70yo) so smaller sentence will make no sense
big sentence will be a message not to fuck with other peoples' money like he did...

agreed

03-12-2009, 07:25 AM	#1
StuartD Sofa King Band Join Date: Jul 2002 Location: Outside the box Posts: 29,903	Madoff pleads guilty http://money.cnn.com/2009/03/12/news...ance/index.htm All 11 counts. Guilty. __________________ This is me on facebook This is me on twitter

03-12-2009, 07:29 AM	#2
Fletch XXX GFY HALL OF FAME DAMMIT!!! Join Date: Jan 2002 Location: that 504 Posts: 60,840	taking bets on his sentence,... __________________ Want an Android App for your tube, membership, or free site? Need banners or promo material? Hit us up (ICQ Fletch: 148841377) or email me fletchxxx at gmail.com - recent work - About me

03-12-2009, 07:33 AM	#3
StuartD Sofa King Band Join Date: Jul 2002 Location: Outside the box Posts: 29,903	Well, they say it could be up to 150 years but really, at 70 years old he'd last what.. 10? But since he's rich and all, I'd guess he's confined to his house or something stupid like that, to live out his days in the lap of luxury to pay for his crimes. Besides, as the last sentences says... only a fraction of the money has been found. That would be the real punishment. Take that all away. But they will never find it all. __________________ This is me on facebook This is me on twitter

03-12-2009, 07:41 AM	#6
The Judge Confirmed User Join Date: Jan 2006 Location: Mobile, AL Posts: 1,647	the boy band guy was also a member of the dominating ethnic minority __________________

03-12-2009, 07:42 AM	#7
tranza ICQ: 197-556-237 Join Date: Jun 2003 Location: BRASIL !!! Posts: 57,559	Nice! __________________ I'm just a newbie.

03-12-2009, 07:38 AM	#5
HorseShit Too lazy to set a custom title Join Date: Dec 2004 Posts: 17,513	interesting

03-12-2009, 07:44 AM	#8
LiveDose Show Yer Tits! Industry Role: Join Date: Feb 2002 Location: Somewhere Out there... Posts: 25,792	Thank god he's not going to drag this thing out and fight. __________________ Scammer Alert: acer19 acer [email protected] [email protected] Money stolen using PayPal

03-12-2009, 07:46 AM	#9
qxm Confirmed User Join Date: Jul 2006 Location: NoHo Posts: 5,970	yeap.. .hes now going to get a life sentence.... but even if they were to give him 20 years (which is not possible at all I know) ... that would be life for him... Also.. I hear he is going to a SuperMax because of the size of the fraud ... now thats crazy lol... __________________ ICQ: 266990876 Last edited by qxm; 03-12-2009 at 07:47 AM..

03-12-2009, 07:49 AM	#10
Magnus Confirmed User Industry Role: Join Date: Dec 2002 Location: Ontariariooooo Posts: 1,211	I hope they yank all assets and money from the wife and sons to.. "they didn't know" is full of shit. __________________ Magnus

03-12-2009, 08:19 AM	#11
StaceyJo Confirmed User Join Date: Mar 2008 Posts: 8,960	Nice, applause to that! __________________ /_______ WebCashMaker ______\ \| _TeenageDecadence - Young Board Naked Teens. \| \| ____ NonNudeGirls - Female Puberty Photos. ____ \| \| _ HerSelfPics - The ORIGINAL exGF SelfPic site. __ \| \.______ xPosing - Wife Photosharing site. _______./

03-12-2009, 08:21 AM	#12
Tom_PM Porn Meister Industry Role: Join Date: Feb 2005 Posts: 16,443	FINALLY he's going to JAIL. No more penthouse apartment. __________________ 43-922-863 Shut up and play your guitar.

03-12-2009, 08:34 AM	#15
ShellyCrash Confirmed User Join Date: Jun 2004 Location: Tampa Bay, FL Posts: 6,708	it's such bullshit.. like his bail / bond arrangement. He has to pay the state of new york X amount for guards, etc. The guy shoudl have NO MONEY AT ALL. Every fucking dime should be frozen and turned over. If he was someone else and had stolen jewelry from a jewelry store and given it to his wife, the law would take it back. If someone stole a car from a dealership and gave it to their son, the law would take it back. So in my opinion all the assets he transfered to his family members gets seized to- it's not rocket science, it's STOLEN MONEY. If they don't throw the book at this guy, which if what's been going on so far is any indication they won't, it provides 0 deterrent to curb other people from stepping right into his shoes. __________________ Start making money with the hottest hookup site! up to $55 PPS or up to 75% Revshare ICQ 196766477

03-12-2009, 08:58 AM	#17
StuartD Sofa King Band Join Date: Jul 2002 Location: Outside the box Posts: 29,903	http://money.cnn.com/2009/03/12/news...ance/index.htm "I operated a Ponzi scheme," said Madoff to the packed courtroom, after U.S. District Judge Denny Chin told him to explain his crimes. "I thought it would end quickly, but it proved impossible," said Madoff, who stole from more than 4,000 victims through his investment firm. "I am ashamed for these criminal acts. I always knew this day would come." ... Richard Friedman, an accountant who said he lost $3.1 million to Madoff, told CNN that he hopes Madoff is sentenced to the full 150 years and that he "lives a very long life" in prison. "The crime is really unimaginable," said Friedman. "It's not just a typical Ponzi scheme. It affects society as a whole. You don't just have to be a Madoff investor to be affected by this." Friedman also blamed the Securities and Exchange Commission for allowing the scheme to go undetected for so long, and said that Madoff's family members are probably complicit and should go to prison. "There's no way he could have acted alone," said Friedman. "There had to be other people involved. The whole family, as far as I'm concerned, once proof becomes available, should be thrown in jail." __________________ This is me on facebook This is me on twitter

03-12-2009, 11:38 AM	#18
HomerSimpson Too lazy to set a custom title Industry Role: Join Date: Sep 2005 Location: Springfield Posts: 13,826	150 years won't get that money back but will be a good example for the future Madoffs he's already dead (over 70yo) so smaller sentence will make no sense big sentence will be a message not to fuck with other peoples' money like he did... __________________ Make a bank with Chaturbate - the best selling webcam program Ads that can't be block with AdBlockers !!! /// Best paying popup program (Bitcoin payouts) !!! PHP, MySql, Smarty, CodeIgniter, Laravel, WordPress, NATS... fixing stuff, server migrations & optimizations... My ICQ: 27429884 \| Email: