Gregg Levine

Bernie Madoff Goes to Jail

As expected, Bernie Madoff, the widely hailed Grand Poobah of Ponzi, plead guilty today to all 11 counts of fraud, perjury, money laundering, and theft. That should net him around 150 years in the pokey. The question this morning was would the 70-year-old go straight to jail, or would he remain free, or under continued house arrest, pending sentencing.

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