Judge To Rule On Whether To Jail Madoff Monday

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Reuters   |  Grant McCool   |   January 10, 2009 01:01 PM

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A U.S. judge will issue a written ruling at noon on Monday on a request by U.S. prosecutors to revoke the bail of accused swindler Bernard Madoff and jail him, a court spokesman said on Friday.

Separately, a court hearing tentatively scheduled for Monday on the criminal charges against Madoff has been adjourned, his lawyer Ira Sorkin said.

Read the whole story here.

A U.S. judge will issue a written ruling at noon on Monday on a request by U.S. prosecutors to revoke the bail of accused swindler Bernard Madoff and jail him, a court spokesman said on Friday. Separ...
A U.S. judge will issue a written ruling at noon on Monday on a request by U.S. prosecutors to revoke the bail of accused swindler Bernard Madoff and jail him, a court spokesman said on Friday. Separ...
 
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The judicial body or courts should appoint ALL Madoff victims as the jurors,
I am sure that they would select appropriate actions for his crimes,
as the systems in place clearly are not able to do the right thing....

    Favorite    Flag as abusive Posted 11:15 PM on 01/11/2009
- Heavy I'm a Fan of Heavy 242 fans permalink
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If he does not go to jail I'm starting a Ponzi scheme immediately.

    Favorite    Flag as abusive Posted 10:58 PM on 01/11/2009
- laucarlson I'm a Fan of laucarlson 7 fans permalink

Remember Martha Stewart's jail time? Seems long ago and far away . . .

    Favorite    Flag as abusive Posted 09:34 PM on 01/11/2009
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Hate to tell break it to you folks... this guy will NOT be going to jail.

    Favorite    Flag as abusive Posted 06:23 PM on 01/11/2009
- carnelld I'm a Fan of carnelld 10 fans permalink

Yes you are right. If anybody believes Madoff will go to jail, I have an investment plan for you.

It's not a "ponzi scam". It's a bridge .

    Favorite    Flag as abusive Posted 07:31 PM on 01/11/2009
- GerryS I'm a Fan of GerryS 58 fans permalink
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It was reported earlier that both the defense and prosecuters asked for more time (delays) before this bail hearing.

If they haven't put Bernie in jail by now, it looks to be a long shot it will happen.

    Favorite    Flag as abusive Posted 05:39 PM on 01/11/2009

While other swindlers are assisting to bring this country back into the financial net, Badoff will go to jail and will be used as the scapegoat for the cause of our problems. The pressure will be withdrawn from the main swindling bankers as they appear on the tv screens to expound esoteric knowledge and recommendations for our helpless, disappearing middle Americans. ThIs is controlled American justice in action.

    Favorite    Flag as abusive Posted 04:23 PM on 01/11/2009

Lock this creep up and throw away the key.

    Favorite    Flag as abusive Posted 02:55 PM on 01/11/2009
- andj I'm a Fan of andj 13 fans permalink

Jail please

or if any doubt just ask the victoms

    Favorite    Flag as abusive Posted 02:33 PM on 01/11/2009
- JDOK I'm a Fan of JDOK 4 fans permalink

Let's see, Madoff, all by himself, formed a company, solicited money from wealthy people, invested it, provided false quarterly statements, kept 2 sets of books, provided "profit" distributions on a regular basis, successfully defended himself against accusations of fraud by the SEC more than once,
worked next to his wife and brother, 2 sons and many of the same employees of his brokerage business for many years and was successful in alluding detection from family, employees, investors and the SEC. Sorry, but I don't believe it. I would not be surprised if Madoff's family members working at the firm at least knew about the scam and actively worked it.

    Favorite    Flag as abusive Posted 01:35 PM on 01/11/2009
- JoeBlough I'm a Fan of JoeBlough 61 fans permalink
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You make it sound like Madoff is friends with the Bush Clan.

    Favorite    Flag as abusive Posted 01:52 PM on 01/11/2009
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I m a g i n e that!

    Favorite    Flag as abusive Posted 11:17 PM on 01/11/2009
- nomoredead I'm a Fan of nomoredead 12 fans permalink

Make him move to Gaza.

    Favorite    Flag as abusive Posted 12:18 PM on 01/11/2009
- AddyGmom I'm a Fan of AddyGmom 87 fans permalink
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Go directly to Jail
Do not collect $200
Get out of Jail card not valid

    Favorite    Flag as abusive Posted 12:15 PM on 01/11/2009
- Erdgeist I'm a Fan of Erdgeist 83 fans permalink
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Madoff is just one more nail in the coffin of capitalism. I am glad the press is focusing on him -- he personifies capitalism. Capitalism, in the last 30 years, has not made this country stronger -- it has put it into debt and has off-shored millions of good jobs. In addition, capitalism has done nothing to stop the advancing tide of world poverty. Some argue, and with good evidence, capitalism has made things much worse for the Third World (read _Confessions of an Economic Hit Man_ by John Perkins).

    Favorite    Flag as abusive Posted 10:58 AM on 01/11/2009
- VivaZapata I'm a Fan of VivaZapata 64 fans permalink
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How many more swindlers are out there?

    Favorite    Flag as abusive Posted 10:48 AM on 01/11/2009
- GerryS I'm a Fan of GerryS 58 fans permalink
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Lots, and the SEC hasn't even began to break the crust on the surface of the cess_pool--

    Favorite    Flag as abusive Posted 05:41 PM on 01/11/2009

RICO ... All of 'em with mandatory's

    Favorite    Flag as abusive Posted 01:04 AM on 01/11/2009
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Using charm to appeal to the EGOS and greed of investors
and not using guns to rob their victims.

They are still dangerous criminals
!!!!!!!!RICO . . . is totally in order!
This IS a crime network!!!!!!!!!!!

WE the USA, need to re_write the frag_ment_ed...con_sti_tu_tion
that has been destroyed and abused by this administration
and deal with the Madoffs appropriately.

    Favorite    Flag as abusive Posted 11:32 PM on 01/11/2009
- dandypuddin I'm a Fan of dandypuddin 187 fans permalink
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He probably already has a book deal.

    Favorite    Flag as abusive Posted 09:59 PM on 01/10/2009
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