Madoff Gets the Full Buck Fifty (150 Years)

Published: Jun 29, 2009

 Finance       

The doors have been locked and the key thrown away: Bernie "The Ponz" Madoff just received a cool 150 years for perpetrating a $65 billion investor fraud scheme.

Handing down the maximum sentence (aka the news that Bernie will never be a free man again this lifetime), U.S. District Judge Denny Chin noted, "Not a single letter was submitted in support of Madoff ... Not friends, not family. That is telling."

Madoff's wife Ruth, who can't seem to catch a break from New York City landlords, is expected to make a statement later today.

***

Related Content


Content Type

25 Best Investment Banks to Work for in 2022

Today, we're excited to release our 2022 Banking 25, a ranking of the best investment banking firms to work for in North America. The ranking is based on a survey of more than 3,600 banking professionals.

Content Type

Why Fintech Is Growing So Fast and How to Break Into This White-Hot Industry

Brian Hamilton is the founder and CEO of One, a fintech startup that provides digital banking services to the shrinking U.S. middle class.

Content Type

50 Best Accounting Firms for 2022

Today, we release our annual Accounting 50, a ranking of the best accounting firms to work for. The ranking is based on a survey of approximately 11,400 accounting professionals, who were asked to rate their firms in several workplace categories, including business outlook, compensation, culture, hours, training, overall satisfaction, and work/life balance.