White collar prison is too good for Bernie Madoff. - Snowboarding Forum - Snowboard Enthusiast Forums
 
 
LinkBack Thread Tools Display Modes
Old 03-15-2009, 03:50 AM   #1 (permalink)
Senior Member
 
gibbous's Avatar
 
Join Date: Jul 2008
Posts: 172
Default White collar prison is too good for Bernie Madoff.

Am I wrong for wanting this guy to spend the rest of his life locked up with rapists and murderers?

Usually when people steal money through in non-violent ways like this they are sent to white collar resort prison, but I want Madoff to go to federal pound me in the ass prison. His crimes were of such a scale, and were committed with such arrogant disregard for the people he was knowingly bankrupting that I think he belongs in the same place as the rest of the most despicable criminals in America.

After pleading guilty to the charges against him he said he was "Sorry and ashamed". Bullshit. You don't do something like he did if you care at all about the people you'll hurt in the process, and you can't adequately apologize to someone if your plan was to screw them from the very beginning. If he feels that way about anything he's only sorry that he got caught, and only ashamed that his big important businessman disguise was destroyed and the world saw him for the pathetic worm he really is.

Now I know the US justice system isn't supposed to be about any kind of revenge or payback, and they wouldn't send someone to a place where they'd probably be dead overnight. But it seems to me that the only way justice could even begin to be served here is if every night for the rest of his life he went to bed scared and wondering how he was going to make it through the next day.
gibbous is offline  
Old 03-15-2009, 04:18 AM   #2 (permalink)
-LIFETIME MEMBER-
 
MunkySpunk's Avatar
 
Join Date: Jan 2009
Location: Berkshires
Posts: 3,212
Default

He needs Federal pound-me-in-the-ass prison (Office space).
MunkySpunk is offline  
Old 03-15-2009, 08:07 AM   #3 (permalink)
Senior Member
 
Join Date: Jan 2009
Posts: 362
Default

I don't have the articles handy, but there were several people who killed themselves after losing everything to Madoff. He got off easy.
__________________
09 Bataleon Evil Twin 55
08 Bataleon Fun.Kink 53
08 Bataleon Enemy 61
v-verb is offline  
Old 03-15-2009, 11:43 AM   #4 (permalink)
Senior Member
 
Enigmatic's Avatar
 
Join Date: Feb 2009
Location: So Cal - Bear Mountain
Posts: 484
Default

I think for a guy like that, Pound me in the ass prison would actually distract him from real suffering.

Now he has all the care-free leisure time in the world to think about how he fucked up everything in his life, how he will be remembered as one of the biggest douches of the decade, how some other guy is nailing his wife, how he'll never see his kids properly again...

How many years did he get? like 150 or something?

Yeah, I think I'd go crazy alot faster that way
Enigmatic is offline  
Old 03-15-2009, 01:07 PM   #5 (permalink)
Veteran Member
 
Flick Montana's Avatar
 
Join Date: Jul 2007
Location: Beech Grove, Indiana *sigh*
Posts: 4,168
Default

Yes, 150 years. He'll die in prison. I think it's better to let him live out his days with none of his own possessions than it is to kill him. Let the SOB rot.
__________________
Zombie Nation
Gear:
Rome Design 165 / Rome Arsenals
Rome Anthem 158
Flick Montana is offline  
Old 03-16-2009, 09:47 AM   #6 (permalink)
Veteran Member
 
Perpetual3am's Avatar
 
Join Date: Nov 2007
Location: Ottawa
Posts: 1,212
Default

Quote:
Originally Posted by mpdsnowman View Post
Even investment bankers were taken on this. Wall street employees were fooled....THEY NEVER CHECKED THE ACTUAL CLOSING STOCKS!!!! why?? cause greed!! thats why. When business is good you tend not to fully check things out!

Again I am not supporting what he did but I gotta look at the total picture and realize these people who he fooled....were not stupid but greedy.
I have to agree with you on this one . Most of these people were enjoying a nice 20+% return for years and just let it ride. When you're making that much money, it pays to keep an eye on things because it never lasts forever. While I think it would be difficult not to have lost some money with the guy, putting everything you have in one basket just isn't common sense financially. Although I tend to think their greed made them stupid.
__________________
"This comment brought to you by Bombay Gin"
Perpetual3am is offline  
Old 03-16-2009, 09:59 AM   #7 (permalink)
-LIFETIME MEMBER-
 
MunkySpunk's Avatar
 
Join Date: Jan 2009
Location: Berkshires
Posts: 3,212
Default

Quote:
Originally Posted by mpdsnowman View Post
I hate to be this way but you cannot fully blame bernie.
Which goes back to my stance on accountability. A stupid victim is still a victim. Bernie is to blame for Bernie's actions. A greenback from a complete moron is worth the same as a greenback from Hawking. You can shovel all the idiots' money in the world into his pockets, he didn't have to accept it, nor did he have to do what he did with it.

I blame deregulator influences from not catching it sooner, or at all, but Bernie still did what he did. Nobody held a gun to his head.
MunkySpunk is offline  
Old 03-16-2009, 07:47 PM   #8 (permalink)
Senior Member
 
gibbous's Avatar
 
Join Date: Jul 2008
Posts: 172
Default

Quote:
Originally Posted by MunkySpunk View Post
I blame deregulator influences from not catching it sooner, or at all, but Bernie still did what he did. Nobody held a gun to his head.
I think the deregulation that has been going on for the last couple decades is largely responsible for the overall economic position that we're in right now, but more rules wouldn't have stopped this. They only needed to be able to recognize and act on the violations of the existing ones.

The SEC was repeatedly warned about Madoff's house of cards by other bankers who saw through it, but the SEC was also staffed by people who either could only see that the paper trail he left looked legal, or just didn't care what he was doing behind the curtain. The laws were in place, but the policeman was asleep on the job.

60 Minutes did a pretty good piece on it a couple weeks ago. Pretty much makes me sick.
The Man Who Figured Out Madoff's Scheme - CBS News

Last edited by gibbous; 03-16-2009 at 08:07 PM.
gibbous is offline  
 

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -5. The time now is 05:51 PM.



Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
Content Relevant URLs by vBSEO 3.6.0 PL2
VerticalSports
Baseball Forum Golf Forum Boxing Forum Snowmobile Forum
Basketball Forum Soccer Forum MMA Forum PWC Forum
Football Forum Cricket Forum Wrestling Forum ATV Forum
Hockey Forum Volleyball Forum Paintball Forum Snowboarding Forum
Tennis Forum Rugby Forums Lacrosse Forum Skiing Forums