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Google News - Top Stories (Free subscription) | 06/30/2009
Los Angeles Times Madoff Faces Harder Time Than Former worldcom, Enron Executives Bloomberg June 29 (Bloomberg) -- Bernard Madoff was sentenced to a prison term six times longer than that meted out to the chief executives of worldcom Inc. and Enron Corp. He's likely to serve his time in a ... Madoff Sentenced to Maximum 150 Years BusinessWeek Madoff says he's sorry for "error...
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Philadelphia Inquirer (Free subscription) | 06/30/2009
Bernard Madoff was sentenced yesterday to 150 years in federal prison for masterminding a massive Ponzi scheme, a penalty six times longer than those meted out to the chief executives of WorldCom Inc. and Enron Corp.
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Vedasri (Free subscription) | 06/29/2009
Telegraph.co.ukMadoff Cursed by Victims Who Scavenge Food, BottlesBloomberg... Enron Corp. and WorldCom Inc. Madoff “shattered my dreams” when he lost her mother's inheritance, said Sharon Lissauer, a model who lives in Manhattan. ...MADOFF SENTENCE: $65B GETS HIM 150 YEARSWCBS-TV New YorkMadoff Gets 150 YearsThe Right PerspectiveMadoff Sentenced to 150 Years for Ponzi SchemeNew...
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Mizozo (Free subscription) | 06/29/2009
> Bernard Madoff was sentenced 150-years for leading history's biggest > Ponzi scheme > . The time is six times more than that given to guilty executives of Enron Corp. and Worldcom Inc. frauds. > > > His facade shattered on Dec. 11, as Madoff confessed to authorities that his firm, Bernard L. Madoff Investment Securities LLC, was one big lie. Under immense pressure...
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goGlider.com (Free subscription) | 06/29/2009
ABC NewsMadoff Cursed by Victims Who Scavenge Food, BottlesBloomberg... Enron Corp. and WorldCom Inc. Madoff “shattered my dreams” when he lost her mother's inheritance, said Sharon Lissauer, a model who lives in Manhattan. ...Madoff Given 150-Year Prison TermAmerican ChronicleMadoff Gets 150 YearsThe Right PerspectiveMadoff victims to address court before sentencingNewsdayNew...
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cryptogon.com (Free subscription) | 06/29/2009
We still don’t know who his accomplices were, or where the money went. Via: Bloomberg: Bernard Madoff was sentenced to 150 years for masterminding the largest Ponzi scheme in history, six times longer than the penalties meted out to the chief executives of WorldCom Inc. and Enron Corp. Madoff appeared in court today before U.S. District Judge Denny [...]
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Reuters UK (Free subscription) | 07/01/2009
... than the 25-year and 24-year prison terms being served by former Chief Executives Bernie Ebbers of WorldCom Inc and Jeffrey Skilling of Enron.At an emotional hearing in Manhattan federal court on Monday, Judge Denny Chin said the symbolism of any sentence above 20 or 25 years, effectively life for the 71-year-old Madoff, was important."The judge could have accomplished the same result, a...
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Townhall.com (Free subscription) | 06/29/2009
... down - a sentence several times as severe as those doled out to convicted CEO's of Enron Corp. and WorldCom Inc. His wife, Ruth, is expected to make a statement later today.
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L. A. Times Dodgers Blog (Free subscription) | 06/29/2009
... a certainty despite the magnitude of the crime.Bernard J. Ebbers, the former chief executive of WorldCom Inc. who was convicted in 2005 of orchestrating an $11-billion accounting fraud, is serving 25 years in prison. Madoff could theoretically get a lighter sentence, some experts say, because, among other things, he saved the government the time and expense of a trial by pleading...
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Los Angeles Times (Free subscription) | 06/29/2009
Legal experts doubt Chin will go along with Madoff's request. Although he technically faces as many as 150 years in prison, many experts predict Madoff will get 20 to 25 years -- in effect a life sentence -- and perhaps much more.But some defense experts say a life sentence isn't a certainty despite the magnitude of the crime.Bernard J. Ebbers, the former chief executive of WorldCom Inc....
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L. A. Times Dodgers Blog (Free subscription) | 06/29/2009
Legal experts doubt Chin will go along with Madoff's request.Although he technically faces as many as 150 years in prison, many experts predict Madoff will get 20 to 25 years -- in effect a life sentence -- and perhaps much more.But some defense experts say a life sentence isn't a certainty despite the magnitude of the crime.Bernard J. Ebbers, the former chief executive of WorldCom Inc....
