Madoff Sentenced To 150 Years In Prison | Talking Points Memo

Barring extraordinary developments, Bernie Madoff will spend the rest of his life in prison.

The Wall Street swindler has been sentenced to 150 years in prison for swindling investors out of many billions of dollars, reports the AP.That was the sentence prosecutors had been seeking. The federal probation department had asked for 50 years. Madoff’s lawyer, Ira Sorkin, had argued that both figures were excessive — but the judge sided with prosecutors.

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