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Old 03-11-2009, 12:05 AM
 
Location: Tennessee/Michigan
27,994 posts, read 46,359,104 times
Reputation: 19398

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Bernard Madoff is expected to plead guilty to all 11 criminal charges at his plea proceeding scheduled for 10 a.m. on Thursday, according to the U.S Attorney's Office for the Southern District of New York, handling his trial. A plea arrangement has not been reached and therefore none of the charges Madoff faces will be waived.

Madoff to Plead Guilty, Guilty, Guilty, Guilty, Guilty, Guilty, Guilty, Guilty, Guilty, Guilty, Guilty - Bright Hall
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Old 03-11-2009, 07:50 AM
 
Location: Kansas
3,855 posts, read 11,461,611 times
Reputation: 1706
YES, YES, YES, YES, YES, YES, YES, YES, YES, YES, YES!

I wonder if they'll see much more than a fraction of that $170.8B.
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Old 03-11-2009, 09:34 AM
 
1,324 posts, read 1,999,801 times
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Only 150 years maximum? Thats not long enough, it should be life.
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Old 03-11-2009, 10:36 AM
 
48,519 posts, read 81,013,914 times
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I really think that is what he wants to do to protect others. That way he doesn't have to talk to investigators.
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Old 03-11-2009, 10:40 AM
 
16,438 posts, read 18,513,116 times
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Plea bargain, plea bargain, plea bargain, plea bargain.....
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Old 03-11-2009, 11:54 AM
 
Location: Virginia
931 posts, read 3,409,755 times
Reputation: 447
Wait till he gets to jail, then he'll understand what insider trading is all about.
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Old 03-11-2009, 06:35 PM
 
48,519 posts, read 81,013,914 times
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Quote:
Originally Posted by Bideshi View Post
Plea bargain, plea bargain, plea bargain, plea bargain.....

No its reported that there is no plea bargain ;he just intends to plead guilty before the judge. Thus he has no agreement to co-operate with the investigators.Its anyone guess what the judge will sentence him to.Who knows looking at the guys age what health problems he has and how long he will live.From what I gather he has said he did evrything and no one else is involved in criminal wrong doing;so its upto investgators to prove otherwise.He will probably tell a jury in any other cases it seems that others working for him didn't know anymore than investors.
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Old 03-11-2009, 06:44 PM
 
Location: state of enlightenment
2,391 posts, read 4,561,591 times
Reputation: 2435
I'm re-thinking my opposition to the death penalty.
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Old 03-12-2009, 08:44 AM
 
Location: Austin
11,029 posts, read 6,212,441 times
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What are Madoff's wife and the other family members culpability in this crime? There is no way Madoff pulled this off alone!

Last edited by texan2yankee; 03-12-2009 at 09:03 AM..
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Old 03-12-2009, 09:02 AM
 
10,485 posts, read 22,550,683 times
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Quote:
Originally Posted by geos View Post
I'm re-thinking my opposition to the death penalty.

I really hope your kidding. Bernie committed a non violent white collar crime. He is no serial killer.
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