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STEAL FIFTY BILLION and you get 'home detention'

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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-17-08 03:12 PM
Original message
STEAL FIFTY BILLION and you get 'home detention'
seems fair...:sarcasm:

Bernard Madoff, the financier accused of one of the biggest frauds in Wall Street history, will remain out on bail but will be placed under home detention and electronic monitoring, a federal judge ordered on Wednesday.

Federal District Judge Gabriel Gorenstein also ordered that Mr. Madoff’s wife, Ruth, surrender her passport by noon on Thursday.

In the order, the judge also modified the bail so that Mr. Madoff would not need two additional signatures to guarantee the bond, as initially required. Only his wife and his brother Peter, who worked at Mr. Madoff’s firm, had signed the guarantee as of Wednesday morning. His two sons, Mark and Andrew, had refused to sign, according to court papers.

Under the new bail package, Mr. Madoff and his wife agree to surrender their houses in Montauk, N.Y. and Palm Beach, Fla., if he flees in exchange for reducing the number of co-signers on his bail from four to two. He also agreed to a curfew of 7 p.m. through 9 a.m.

http://www.nytimes.com/2008/12/18/business/18madoff.html?hp=&pagewanted=print
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bahrbearian Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-17-08 03:14 PM
Response to Original message
1. I'm up with that.
He should be detained in my home.
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-17-08 03:15 PM
Response to Original message
2. Somebody hoping one of his victims has a gun?
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Octafish Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-17-08 04:37 PM
Response to Reply #2
15. Either that or he has an ''accident.''
Or he gets "depressed" all of a sudden, like what happened to Cliff Baxter of ENRON.
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Wapsie B Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-17-08 03:16 PM
Response to Original message
3. Ain't America great?
Swindle people out of $50 billion and get house arrest. Steal $50 from a convenience store and get the book thrown at ya. Corporate execs making decisions that cripple their company leaving with golden parachutes. A janitor who forgets to empty a trash bin or clean a sink just so and the fucking world is coming to an end. :eyes:
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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-17-08 03:18 PM
Response to Reply #3
4. in a nutshell !!!
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JackRiddler Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-17-08 04:20 PM
Response to Reply #3
12. Steal $50 from store three times, get life.
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monmouth Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-17-08 03:19 PM
Response to Original message
5. The sons must be ticked, no inheritance to speak of...Question: Why
the curfew??? If he's home under monitoring why is there a curfew..
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earth mom Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-17-08 03:19 PM
Response to Original message
6. This pisses me off to the nth degree. This is proof that there is no justice in the USA!
:puke:
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Vickers Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-17-08 03:19 PM
Response to Original message
7. Bob Dylan: "Steal a little and they throw you in jail..."
"...steal a lot and they make you king."
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CrownPrinceBandar Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-17-08 03:20 PM
Response to Original message
8. That's about $168 for every man, woman and child in America...
That's a significant amount of groceries or a utility bill payment, and this joker gets house arrest? There ain't no justice in this country.
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FiveGoodMen Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-17-08 03:41 PM
Response to Reply #8
10. "There ain't no justice in this country" -- and they've stopped even trying to pretend there is.
We're cooked.
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acmavm Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-17-08 03:23 PM
Response to Original message
9. Yep
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stillcool Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-17-08 04:15 PM
Response to Original message
11. Good thing he didn't have..
any weed.
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dembotoz Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-17-08 04:27 PM
Response to Original message
13. jail is only for poor folk
and perhaps now OJ
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Jack Sprat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-17-08 04:37 PM
Response to Original message
14. While some scared teens
are handcuffed and taken to jail and eventually to prison for being caught with illegal drugs. There is an example of justice by class.
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Stinky The Clown Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-17-08 04:39 PM
Response to Original message
16. He is charged, not convicted
I could not be a juror because I already think he is guilty. I hope he gets the worst punishment possible, but this isn't out of line.
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