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Thread: Madoff Sentenced to 150 Years

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    Re: Madoff Sentenced to 150 Years

    Quote Originally Posted by americanwoman View Post
    So you don't mind your tax money going to non-violent life sentences over people who are actually threats to society?
    Madoff is a threat to society. Talk to the people who lost the money they had set aside for their retirement if he is a threat. Ask the charities that will be able to do less if he is a threat.

    It's also important to send a message. If you do things like this, you will not just get a slap on the wrist. That is a key message.

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    Re: Madoff Sentenced to 150 Years

    Quote Originally Posted by winston53660 View Post
    I would say what Madoff did is a very serious threat to society.
    I agree, but he didn't rob people for their money, they willingly handed it over to him for something in return and got burned. Maybe it's just me, but I wouldn't trust my life savings like that.
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    Re: Madoff Sentenced to 150 Years

    Hey, he's going to prison, so he'll be getting it in the end.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
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    Re: Madoff Sentenced to 150 Years

    Quote Originally Posted by Harry Guerrilla View Post
    I have very little sympathy for the "victims", it was incredibly stupid on their part to invest all their money with a hedge fund.
    You don't have any sympathy for any of Madoff's 8,000 victims??

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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    Re: Madoff Sentenced to 150 Years

    Quote Originally Posted by OxymoronP View Post
    You cannot expect everyone to be savvy investors, its like expecting everyone to be experts in Heart surgery.
    Ummm, these people were millionaires.

    To invest in a hedge fund you have to have a minimum amount of money.
    If I remember correctly, it has to be several million dollars or you have to have an income of $500k a year.

    I'd generally call these people educated, well informed, possibly savvy.
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    Re: Madoff Sentenced to 150 Years

    Quote Originally Posted by Redress View Post
    Madoff is a threat to society. Talk to the people who lost the money they had set aside for their retirement if he is a threat. Ask the charities that will be able to do less if he is a threat.

    It's also important to send a message. If you do things like this, you will not just get a slap on the wrist. That is a key message.

    I have to disagree. I just don't see the threat to society over someone who is a violent criminal.

    So you say this is supposed to send a message, I guess sentencing violent criminals a couple years sends the message violence and murder is more acceptable than stealing people's money. Because money is more important than lives.
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    Re: Madoff Sentenced to 150 Years

    Quote Originally Posted by Harry Guerrilla View Post
    I have very little sympathy for the "victims", it was incredibly stupid on their part to invest all their money with a hedge fund.
    Which has nothing to do with what he did. Trying to justify a criminals actions because the victim is less than bright is kinda lame. He is still a criminal who took advantage of people and ruined a lot of those people.

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    Re: Madoff Sentenced to 150 Years

    Quote Originally Posted by Redress View Post
    I started typing out a rebuttal about how many people where harmed my Madoff, about comparing apples to oranges, about the difference between several hundred and billions, but the truth is, I doubt you would even be able to see the point, and it would all be wasted.
    So, you think that a person losing their loved one's life, or being screwed out of a few thousand dollars isn't as bad being screwed out of a million dollars?

    Before a person can get screwed out of a million bucks, they first have to have a million bucks to give to a con-man. That would make them a millionare. Millionares, typically, aren't millionares because they're stupid. I doubt they gave Madoff ALL their money. I'm betting that they have a few million more where that came from and I doubt any of them are destitute and living on the street.

    Don't get confused, I'm not defending, or downplaying what Madoff did. I think he deserves the time he got. All I'm saying, is that we need to see these kind of sentences for people who commit rape and murder.
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    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Madoff Sentenced to 150 Years

    Quote Originally Posted by Harry Guerrilla View Post
    I don't know, it seems a bit excessive.

    It seems to be an emotional revenge sentence more than anything else.
    The judge said he wanted to send a message out there to anyone else who thinks they can pull this kind of crap. Sentences should be a deterrent to future behavior, I think.

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    Re: Madoff Sentenced to 150 Years

    Quote Originally Posted by Redress View Post
    Which has nothing to do with what he did. Trying to justify a criminals actions because the victim is less than bright is kinda lame. He is still a criminal who took advantage of people and ruined a lot of those people.
    I'm not justifying it, I'm saying his sentence is a bit excessive.

    To make a ruling based on emotion isn't justice.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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