Archive

How Bernie Ruined Them

Madoff was sentenced to 150 years in jail Monday afternoon. Read statements from his victims, Ruth’s emotional apology, his lawyer’s final plea, and the Ponzi schemer’s excuses.

articles/2009/06/29/how-bernie-ruined-them/madoff-wrap---dominic-and-sue-ambrosino_34898_ggoygq
Matt York / AP Photo
articles/2009/06/29/how-bernie-ruined-them/madoff-wrap---dominic-and-sue-ambrosino_34898_nblmyq

The Victims Strike Back

“Your Honor, we implore you to give him the maximum sentence at a maximum prison for this evil lowlife.”

READ MORE OF THEIR STORIES >>

______________________________________________

articles/2009/06/29/how-bernie-ruined-them/wrap-bernard-madoff-statements_h755iv

Bernie Madoff's Apology

“I apologize to my victims. I will turn and face you. I am sorry. I know that doesn't help you.”

READ HIS FULL STATEMENT >>

______________________________________________

articles/2009/06/29/how-bernie-ruined-them/frank-ruth-madoff_25912_xn067s

Ruth Madoff Breaks Her Silence

“I am embarrassed and ashamed. Like everyone else, I feel betrayed and confused. The man who committed this horrible fraud is not the man whom I have known for all these years.”

READ HER FULL STATEMENT >>

______________________________________________

articles/2009/06/29/how-bernie-ruined-them/madoff-wrap---denny-chin_34837_mus9zo

Judge Condemns Bernie's "Evil" Crime

“Here, the message must be sent that Mr. Madoff's crimes were extraordinarily evil.”

READ HIS FULL STATEMENT >>

______________________________________________

articles/2009/06/29/how-bernie-ruined-them/madoff-wrap---ira-lee-sorkin_34859_piy463

Madoff's Lawyer Issues Final Plea

“In closing, your Honor, there is no question that this case has taken an enormous toll, not only on Mr. Madoff and his family, but to the victims to be sure.”

READ MORE OF HIS STATEMENT >>

______________________________________________

articles/2009/06/29/how-bernie-ruined-them/frank-madoff-sentence_34811_pvtrbl

The Madoff Messageby Allan Dodds Frank

An extraordinary jail term for an “extraordinarily evil” fraud isn’t just for Bernie Madoff, writes Allan Dodds Frank from the courthouse. It’s a signal to all of Wall Street.

MORE >>

______________________________________________

articles/2009/06/29/how-bernie-ruined-them/penney-bag-lady-papers-viii_34676_f4qcm2

The Bag Lady Papers, Part VIIIby Alexandra Penney

Madoff victim Alexandra Penney on Bernie’s sentencing, Ruthie’s cruel fate—left with just $2.5 million!—and the finer things in her frugal new life: a classic piece from an Upper East Side thrift shop.

MORE >>

______________________________________________

articles/2009/06/29/how-bernie-ruined-them/ross-madoff-1_34708_nakps6

What I Told Madoff Todayby Burt Ross

On the day of Bernard Madoff’s sentencing, The Daily Beast’s Burt Ross, who lost $5 million, offers a statement to the court explaining why the Ponzi schemer should never be let out of prison.

MORE >>

______________________________________________

Got a tip? Send it to The Daily Beast here.