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Bernie Still At Large
A second attempt by federal prosecutors to have Bernard Madoff jailed as he awaits trail has failed. After reviewing a 49-page document arguing that Madoff could not be trusted, U.S. District Judge Lawrence McKenna allowed the ponzi schemer to remain free this afternoon. The judge said prosecutors failed to make a compelling argument that Madoff is a flight risk or a danger to the community—the two main requirements to revoke bail. Madoff's defense said prosecutors are using "inflammatory rhetoric and hyperbole" to make a weak argument. He will await trial under house arrest.
I find it unthinkable that the judge in this case can allow"Bernie" to be out on bail in a $7 million penthouse, attempt to send millions of dollars to friends and family,while those he "conned out " of their life savings are forced to sell their homes etc. The fact that his victims were greedy in their plan to make much higher returns notwithstanding, his utter lack of remorse in what he did to people and foundations that were forced to close should be cause enough to have him in a 7 foot cell with out all his "nice things " to keep him happy.
The federal judge's compassion for a senior citizen is heart-warming. And the Chief Justice (of the U.S.) wants their salaries raised! Why? So they can invest with Madoff?
This is more about preferential treatment for a public figure, the Madoff case is famous, and I'm sure the guy has a crack legal team. So the judge is going strictly by the book, perhaps to avoid a mistrial down the road.
One of the reasons his lawyers think it's best to keep him out of jail is he's so 'well known and disliked' that he couldn't go anywhere. Bulls***, money talks louder than ethics in this world.
Just who posted his bail ? All the money he has is stolen money. And if one says 'innocent until proven guilty' I am sure the money can be frozen as 'evidence'. The high costs involved in his home-confinement again...he can't pay for that [or his lawyers for that matter] with the funds held for 'evidence'. Why are we worried about the health of a man who has brought heath-threatening stress on all the people he has cheated out of money? He looks quite robust to me, anyway. We all know that his lawyers can stall his trial for years. . meanwhile, he's sitting on his throne in a seven-million-dollar apartment. phtaw !
Let me guess. Mr. Madoff has friends in high places? How else do you explain that this man is not in prison already?
Why didn't his many victims' attorneys get together to petition the court to revoke his bail? Who is protecting Bernard Madoff?
This is a great example of "white law". Madoff STOLE money from hundreds if not thousands of people. What is the legal system waiting for to place this animal in jail?
It is very scary how the "white law" works, if you are not white, and rich, you go to jail as simple as that!!!!!!!!
If someone steals $250 of stuff in WA St they arrested and go to jail. The poor go to jail and the righ go free.
This comment has been removed by The Daily Beast's editors.
The key here would be the definition of "community" to which this jerk would be a danger or menace. Perhaps the community-at-large would not be at risk, but certainly the community-which-was-swindled-and-retains-hope-of-being-reimbursed is in danger.
Bernie has outsmarted them again! Way to go Bernie-boy!
And, no, the judge cannot be jailed for alleged complicity.
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