Monday, June 29, 2009

Mrs. Madoff's sacrifices and Bernie's prison sentence.

The WSJ reports that Mrs. Madoff has agreed to relinquish her fur coats (valued at $49k), linens and bedding ($18k) and silverware ($9k). Stripped of the means to stay warm, sleep, or eat, life will be burdensome for her now...

Meanwhile, another report says that Bernie was given the maximum sentence of 150 years. That sounds like a new precedent for white collar criminals.

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