Guilty

Madoff Goes Straight to Jail

We hope Bernard Madoff got a good last look at his penthouse: After Madoff plead guilty Thursday, the judge ordered him jailed pending sentence and revoked his bail. In a statement to the judge, Madoff said, “I am actually grateful for this opportunity to publicly comment about my crimes, for which I am deeply sorry and ashamed. … As the years went by, I realized my risk, and this day would inevitably come. I cannot adequately express how sorry I am for my crimes.” Madoff faces a maximum sentence of 150 years.