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Bernie Madoff Gets 150 Years In The Bing

FILE - In this March 10, 2009 file photo, Bernard Madoff exits Manhattan federal court in New York. Madoff will get one last creature comfort before he is sentenced Monday,June 29, 2009 probably to serve out the rest of his days in prison. The judge has given him permission to don his own clothes for the hearing, rather than a jail uniform. (AP Photo/Louis Lanzano, File)

NEW YORK — Bernard Madoff has apologized to his family and to the victims of his multibillion-dollar fraud scheme.

The 71-year-old financier said Monday at his sentencing that he "will live with this pain, this torment, for the rest of my life."

Madoff says that he dug himself "deeper into a hole" as the scheme progressed.

Attorney Ira Sorkin says the 150 years in prison recommended by prosecutors or the 50 years recommended by the federal probation department are excessive.

Victims who lost millions of dollars earlier urged a stiff sentence for the former Nasdaq stock market chairman.

Madoff has pleaded guilty to securities fraud and other charges in March and has been jailed ever since.

THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP's earlier story is below.

NEW YORK (AP) _ Bernard Madoff has apologized to his family and to the victims of his multibillion-dollar fraud scheme.

The 71-year-old financier said Monday at his sentencing that he "will live with this pain, this torment, for the rest of my life."

Attorney Ira Sorkin says the 150 years in prison recommended by prosecutors or the 50 years recommended by the federal probation department are excessive.

Victims who lost millions of dollars earlier urged a stiff sentence for the former Nasdaq stock market chairman.

Madoff has pleaded guilty to securities fraud and other charges in March and has been jailed ever since.

Tags: bernie, jail, madoff, ponzie, scheme, time

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Narc Comment by Narc on July 2, 2009 at 1:36am
EVERYDAY IM HUSTLIN, HUSTLIN, HUSTLIN.... he shouldve just ran and just fucking rained them dollars on euro bitches
osixx Comment by osixx on June 30, 2009 at 4:10pm
daamn
Jah Comment by Jah on June 30, 2009 at 10:52am
You think he is going to have a hard time in there? that mutha fucka is going to live off OUR tax money and be in there with his OWN cot and possibly all the amenities that you probably have in a apartment, shit is going to be like sleep away camp for this fucker, they need to liquidate ALL his damn assets and get the money back to the people he stole it from... a thief is a fuckin thief PERIOD.
HOEYUNO Comment by HOEYUNO on June 30, 2009 at 10:13am
Greed...Dude wont live 4 years in there man. I mean unless of course hes in a martha stewart jail
gamegame Comment by gamegame on June 30, 2009 at 9:18am
its because of that bastard we are all in a reccesion!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
jBrizzle Comment by jBrizzle on June 30, 2009 at 2:06am
WTF y'all talking about death sentence? He's doing life+ in prison.

He's part of the big corporate problem why we're all in a recession. Not the total blame but part of it. Examples need to finally be made and they are.
jarrod Comment by jarrod on June 30, 2009 at 1:07am
hes a hustler. a multibillion dollar scheme?? im sure he aint take no ones money on this is 50.com so hes cool wit me he just robbed all the rich fucks in the world that dont give a fuck about us so fuck em all
GUCCI BLK!! Comment by GUCCI BLK!! on June 30, 2009 at 12:59am
fuck this dude he can eat a fat dick in hell
TheRealProTeGe Comment by TheRealProTeGe on June 29, 2009 at 10:03pm
IF UR A FAN OF AMAZING, REFRESHING, ORIGINAL MUSIC….THEN CHECK ME OUT AND ADD ME…..I DON’T DISAPPOINT!….ALSO FEEL FREE TO DOWNLOAD MY FREE 30 TRACK MIXTAPE BELOW!!

ProTeGe--SHIT HAPPENZ:THA ROYAL FLUSH VOLUME 2--HOSTED BY DJ BABY BU
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Gypsy aka Rydlz Comment by Gypsy aka Rydlz on June 29, 2009 at 9:33pm
that mutha fucka needs to live in tha hood for the rest of his life........fucc that shit........they feed you too good in prison...........WTF....

that's the same type of cracker that wants everybody's last dollar.....so the few can sit back in riches instead of everybody having the things they need in life.................

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