Outrage: Madoff Allowed "House Arrest" In $7 Mil. Crib



Seriously, you must be kidding me! I just read on ABCNews.com that Bernie Madoff, the confessed $50 Billion Ponzi scheme thief has just been allowed "house arrest" while he awaits trial. In his case, the house is his $7 Million Park Avenue apartment. Madoff, made the deal when he could not meet his obligation of having 4 people sign a personal recognizance bond for him. Here is a man who ran the largest Ponzi scheme in history, who completely wiped out families and charities, and threatened our fragile financial system. His reward? The comfort of his posh home. Really? Oh, and he only has to be there between 7 p.m. and 9 a.m., presumably so he can enjoy a couple more steak and cigar dinners before he ends up where he belongs-prison! I have a wife and 2 kids and I'm home almost every night by 7, so can we sign up for this "arrest" plan with Bernie on Park Avenue? I'm sure he's got room.

Comments

  1. yeah I guess guilty until proven innocent then? flight risk? I guess not. probably we should just tar and feather him, stick him on a pole and be done with it

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  2. He pretty much confessed. If he was poor and stole a lady's purse he'd be in the slammer.

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  3. maybe - but that is a violent crime

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  4. Mr. Madoff, with the exception of violence, fits the description of a terrorist.

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