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Old 03-11-2009, 01:05 AM
 
Location: Michigan
29,377 posts, read 53,415,985 times
Reputation: 21977

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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, 08:50 AM
 
Location: Kansas
3,855 posts, read 12,810,571 times
Reputation: 1733
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, 10:34 AM
 
1,326 posts, read 2,265,960 times
Reputation: 1057
Only 150 years maximum? Thats not long enough, it should be life.
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Old 03-11-2009, 11:36 AM
 
48,504 posts, read 93,332,901 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, 11:40 AM
 
16,433 posts, read 21,383,103 times
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Plea bargain, plea bargain, plea bargain, plea bargain.....
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Old 03-11-2009, 12:54 PM
 
Location: Virginia
931 posts, read 3,673,273 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, 07:35 PM
 
48,504 posts, read 93,332,901 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, 07:44 PM
 
Location: state of enlightenment
2,403 posts, read 5,056,953 times
Reputation: 2492
I'm re-thinking my opposition to the death penalty.
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Old 03-12-2009, 09:44 AM
 
Location: Austin
15,206 posts, read 9,503,074 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 10:03 AM..
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Old 03-12-2009, 10:02 AM
 
10,494 posts, read 26,025,495 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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