ANSWERS: 27
  • I would say the rest of his life and all of his personal assets taken away from him and his family.
  • Life at hard labor with other evil people. He has murdered all his victims..if not in the physical sense, then in every other way. He was merciless, cruel, and betrayed all of them. There is no punishment that can possibly equal the damage he has done. Perhaps in the next life justice will prevail. :)
  • life. I get mad when I loose a couple hundred in a bet or a poker game. If I lost the millions that these poor ppl lost to this SOB I would request a full rectal exam everyday for the rest of his life in prison.
  • Life. +5
  • Several million to match what he stole
  • Pretty long. What he did was absolutely coldly planned fraud on a massive scale. He caused serious harm to a lot of people, and he knew *exactly* what he was doing. There are, as far as I can see, no extenuating circumstances. It must be made quite clear to anyone else thinking of doing the same thing that when they are found out - and eventually they always will be - the punishment will be very unpleasant indeed.
  • Well by today's new's he's getting 150 years.
  • Well, the christian side of me wants to show mercy. The secular side would like to see him crucified. But, I think 5 life terms would do nicely.
  • He is destined to spend the rest of his life in prison and to die without having completed the entire sentence.
  • No More than 50 years. That would be life. The 150 years he got seems excessive.
  • Death by fire ants
  • looks like he got what he deserved!
  • well it says in the paper that he got 150 years,,,,so i think he will be out in 1-3 years,,,long prison terms are for the poor not the rich,,
  • Until he works off what he owes his former clients, working in the prison cafeteria.
  • First I want to preface this by saying that what madeoff did was wrong and whatever sentence he gets is fine with me. That being said, Madeoff didnt start this off as a Ponzi Scheme. What happened with him is what happens everyday (though it usually isnt highly publicized) in the financial industry just not on that large of a scale. Here is what happened. He was in a position that started to move against him and saw he was down 15/20% for the month. Well he didnt want to send that out to the investors because he knew a number of them would bail and he still believed in the position. So.. he lied.. He said he was down 5% for the month believing that his position would come back and al woudl be well in the world..... Mistake.. It didnt... As a trader I can tell you that this happens EVERYDAY so you need to make sure you know who is handling your money. The bigger point is this... Here is the definition of a Ponzi Scheme: A Ponzi scheme is a fraudulent investment operation that pays returns to investors from their own money or money paid by subsequent investors rather than from any actual profit earned. After reading that would you say that he is any bigger a criminal then lets say our government who is currently by definition running the largest Ponzi scheme of all time.. The Social Security System which will knowingly go broke in 2036 as atest to by our government but still will require everyone to participate in it from a tax basis. If that isnt by definition a Ponzi Scheme, I dont know what is but how come no one yells about that.. Why isnt anyone who participates from an Administrative perspective going to jail... Hmmm I wonder... Lastly, the main reason these things happen is greed.. Look at our housing bubble for one tiny example.. There were accountants telling people that the numbers didnt add up.. but did they pull out their investments.. no, they fired the accountant. (not in all cases but certainly in some) While what madeoff did was catagorically wrong, lets do not discount our participation in this mess that was purely based on greed to deifying him in the "good days" and damning him in the bad. In the future it would be best call the kettle black before they strip you of the pot.
  • Life with out parole, in a REAL federal penetentary, not some executive resort.
  • First I want to preface this by saying that what madeoff did was wrong and whatever sentence he gets is fine with me. That being said, Madeoff didnt start this off as a Ponzi Scheme. What happened with him is what happens everyday (though it usually isnt highly publicized) in the financial industry just not on that large of a scale. Here is what happened. He was in a position that started to move against him and saw he was down 15/20% for the month. Well he didnt want to send that out to the investors because he knew a number of them would bail and he still believed in the position. So.. he lied.. He said he was down 5% for the month believing that his position would come back and al woudl be well in the world..... Mistake.. It didnt... As a trader I can tell you that this happens EVERYDAY so you need to make sure you know who is handling your money. The bigger point is this... Here is the definition of a Ponzi Scheme: A Ponzi scheme is a fraudulent investment operation that pays returns to investors from their own money or money paid by subsequent investors rather than from any actual profit earned. After reading that would you say that he is any bigger a criminal then lets say our government who is currently by definition running the largest Ponzi scheme of all time.. The Social Security System which will knowingly go broke in 2036 as our government openly admits but still will require everyone to participate in it from a tax basis. If that isnt by definition a Ponzi Scheme, I dont know what is but how come no one yells about that.. Why isnt anyone who participates from an Administrative perspective going to jail... Hmmm I wonder... Lastly, the main reason these things happen is greed.. Look at our housing bubble for one tiny example.. There were accountants telling people that the numbers didnt add up.. but did they pull out their investments.. no, they fired the accountant. (not in all cases but certainly in some) While what madeoff did was catagorically wrong, lets do not discount our participation in this mess that was purely based on greed to deifying him in the "good days" and damning him in the bad. In the future it would be best call the kettle black before they strip you of the pot.
  • 10 years flat.
  • he ruined countless lives, a life sentence seems fair to me.
  • He should of gotten 20 years. I've seen rapists and murderers get less time served than Madoff.
  • How ever many years he would have to work at minimum wage to pay everyone back. However, since he would be in prison, I'd let him work seven days a week if he wanted.
  • Turkish prison.
  • He got 150 and he's more than half of that, how much more do you want? He should have actually got the electric chair and all of the money that was left in the hands of his maffioso family should have been taken too but that whole business is much deeper rooted than what they've let the public see
  • i understand that he never ever bought one stock as an investment... so maybe for the rest of this life plus one lifetime in hell.
  • Justice has been done. He should get what he got.

Copyright 2023, Wired Ivy, LLC

Answerbag | Terms of Service | Privacy Policy