**right... sorry that he was caught, more like**
Well, Madoff's request to be released from jail so that he can return home under house arrest until the trial in June was denied by a three panel judge just recently. So much for returning to his mansion/penthouse...
So, if you don't know about Madoff... well, then that's a pity...
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well just kidding.
here's a bit of back-story for those of you (read: normal people) who haven't been following Madoff's story.
At the moment, Madoff pleaded guilty to 11 felony counts (ouch) last week including securities fraud mail fraud, wire fraud, money laundering, and perjury. He faces a 150 year sentence (ouch).
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actually, it's a long story and it's getting kind of late, so let me just direct you to here:
but the sheer volume of mail this guy is receiving is amazing. And a lot of the letters, I feel, really embody our economic problems that we're currently facing as well as this widespread anger directed towards wealthy business executives.
"When you consider sentencing Madoff, please consider that many of us will live within our own jails because of Madoff," wrote Robert Shapiro. "We are emotionally forever damaged, and forever economically devastated."
