Friday, January 9, 2009

Madoff - Still Free after 29 Days!

January 9, 2009 - 29 days ago, Bernard Madoff, one of the greatest "white collar" criminals of all time, was arrested and charged with conducting the largest Ponzi schemes in history, one involving an estimated $50 BILLION DOLLARS!

Amazingly, the judge has allowed Madoff to remain free after posting a measly $10 million dollar bond. Poor guy, it must be rough wearing an electronic ankle bracelet and confined to his New York City penthouse.

I can't help but wonder who has committed the greater crime - Madoff for operating what prosecutors called a "stunning fraud" of historic proportions, OR the New York judge who saw fit to confine Madoff to his apartment, rather than send him to jail where he belongs!


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