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Judge Explains 150-Year Sentence for Madoff

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groovedaddy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-29-11 10:56 AM
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Judge Explains 150-Year Sentence for Madoff
With the sentencing of Bernard L. Madoff only a week away, Judge Denny Chin received a letter from Mr. Madoff’s lawyer asking for a prison term substantially below the 150-year maximum.

The lawyer, Ira Lee Sorkin, listed several reasons, including Mr. Madoff’s confessing to his sons, knowing he would be turned in; his “full acceptance” of responsibility for his crimes; and his efforts to assist in the recovery of lost assets.

Citing data that showed Mr. Madoff, who was then 71, could expect to live about 13 more years, Mr. Sorkin asked for a term of 12 years — “just short of an effective life sentence,” as he put it — suggesting that Mr. Madoff might be allowed a year of freedom before he died. Mr. Sorkin also proposed another option: 15 to 20 years.

Judge Chin says he understood Mr. Sorkin’s goal. “It’s a fair argument that you want to give someone some possibility of seeing the light of day,” the judge said in a recent interview, “so that they have some hope, and something to live for.”

http://www.nytimes.com/2011/06/29/nyregion/judge-denny-chin-recounts-his-thoughts-in-bernard-madoff-sentencing.html?_r=1&nl=todaysheadlines&emc=tha2
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Wed Jun-29-11 03:51 PM
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