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.
December 10, 2008
<blockquote><p>"The President-elect agrees with Lt. Gov. Quinn and many others that under the current circumstances it is difficult for the governor to effectively do his job and serve the people of Illinois," Robert Gibbs, the incoming White House press secretary, said.</p></blockquote><p>Gibbs also added that the Illinois state legislature should put in process a new system to pick a new Senator to fill the seat vacated by Obama.</p>
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