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Mad at Madoff

By Mike McPhate  |  March 13, 2009; 9:18 AM ET
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I think Madoff should be used as a example. Some people say that blacks are crooks,murders,liars and fools. I would say that this occurs with all races of people and we should judge one another by the content of that indivisuals character. This war is not between races its between classes, so give everyone a chance before you choose a Bernie over a Raheem.

Posted by: robpowell729 | March 13, 2009 10:39 AM | Report abuse

Madoff should be made to live penniless on the street. Why house the jerk at tax payer expense.

Posted by: clarebearcolburn | March 13, 2009 10:42 AM | Report abuse

He should get probation, the poor man is 70 years old.

Posted by: rh843 | March 13, 2009 10:48 AM | Report abuse

Not only should he be placed in prison for the rest of his life, but the government should look closely at his wife's and children's monies to determine how much was funnelled to them when he knew he was about to be caught.
The wife, f0r one, had taken out multi-millions from a bank just before Madoff's
arrest. Also, the head of the agency that should have known about these shenanigans should be fired.

Posted by: applepi1605 | March 13, 2009 11:27 AM | Report abuse

Take away all his money, and sell him to the circus so he can be housed in a cage wiht the rest of the freak show, and people can pelt him with assorted rotten vegitation.

Posted by: akchild | March 13, 2009 12:03 PM | Report abuse

First, I would shave that ugly hair off his head. Next, I would knock all the teeth out of his mouth so he couldn't produce that smirk of his. Then I would make him wallow in pig cr*p for a day or two. Finally, I would publically execute him. I would allow his victims to democratically vote on how that execution would take place.

Posted by: justhere | March 13, 2009 12:44 PM | Report abuse

He should be housed in an 8 x 7 prison cell the rest of his life, incarcerated with someone along the lines of Rosie O'Donnell. Additionally, there should be music pumped in 24/7, from a variety of radio stations that play nothing but Yoko Ono music.

Posted by: hofbrauhausde | March 13, 2009 1:22 PM | Report abuse

He should have to make restitution to those he stole from. Housing him at the taxpayer's expense for the rest of his life doesn't help those cheated get back there money.

Posted by: dchick | March 13, 2009 1:22 PM | Report abuse

He should earn 20 cents an hour making license plates for the state. Maybe that will humble him.

Posted by: WardOfTheState | March 13, 2009 1:22 PM | Report abuse

Turn him loose on Wall Street after notifying his victim in advance exactly when and where he'll be dropped off.

I recommend the same for bin Laden if he is captured alive, replacing Madoff's victims with 9/11 survivors

Posted by: GWGOLDB | March 13, 2009 1:43 PM | Report abuse

Send him to Gitmo and make him work and sweat in the blazing sun for 12 hours a day until he gives up his accomplices and whatever money is left. Then, put him in solitaire for the rest of his miserable life with only hate mail from his victims for diversion.

Posted by: hit4cycle | March 13, 2009 2:07 PM | Report abuse

Madoff should have ALL his property seized and placed in a trustee in satisfaction of provable losses caused my him. He should be sentenced to least five to ten years with 2000 hours of community service to the poor.

Posted by: peterroach | March 13, 2009 2:46 PM | Report abuse

To jail Madoff would not do justice for all the people that lost their life savings. To make sure his family and friends that benefited from this are decreased in value would be a start. They should be made to live as the average american, struggling and hoping to sustain or keep their job so they may afford food for the table. Madoff needs to be in jail with hard labor the rest of his life. They is no other ethical punishment for him. We can at least pride ourselves that we are not as cruel and unfeeling nor do we stoop to his level. We are human and have feelings, he is more animal like with no feelings for his fellow man. Once again greed is the root cause of all evil.

Posted by: kimcc | March 13, 2009 2:57 PM | Report abuse

Haven't you people figured it out yet? Bernie Madoff was doing what everyone else is doing right in front of your eyes. The stock market is a pure Ponzi scheme. A share is not ownership -- its value can go to zero leaving a fully functional company behind, and top executives can dilute you at will by issuing generous stock options to themselves. Ask yourself this question: What do I REALLY own when I purchase a share of stock? Does it really have any physical grounding in reality, or is it worth only what the next person in line is willing to pay for it? If you answered "b" this is a pure Ponzi scheme. As could also be argued of Social Security.

This crash was bound to happen sooner or later -- there were simply too many sheep who needed to be fleeced of their retirement savings. Remember, there is a sucker in every stock transaction...

Posted by: jerkhoff | March 13, 2009 3:28 PM | Report abuse

Make him serve as a grunt in either Iraq or Afghanistan, let him do some real work.

Posted by: SUMB44 | March 13, 2009 3:29 PM | Report abuse

And never forget -- you can't cheat an honest man. The investors in Madoff's funds knew these returns were too good to be true, but they closed their eyes as long as the bucks came flowing in. And now they're all outraged even though they were willing participants in this fraud. The most effective cons are the ones which exploit the greed of the victims who make their own fate by crossing the line.

Don't get me wrong -- I have nothing but contempt for Mr. Madoff and his ilk. I just want to point out that he is FAR from the only rotten apple on the tree...

Posted by: jerkhoff | March 13, 2009 3:34 PM | Report abuse

I think he should spend the remainder of his days swingin a sledge hammer on our highways.

Posted by: laski | March 13, 2009 3:45 PM | Report abuse

Don't spend another penny on him. Put him and his lady on the street..(all family members for that matter). Let them work at mimimum wage the rest of their lives. I think it would be great. Of couse, we would have to have web-cam on them at all times to make sure they don't CHEAT, but it sure would make great reality tv!!!!!

Posted by: Dubyavee | March 13, 2009 4:00 PM | Report abuse

If Madoff has any genuine talent as an investor, make him use those skills to reimburse his victims. Sentence: life in home-incarceration, spending every waking hour finding money to repay those he ripped off. His 'pay': federal minimum wage. It's not doing anyone good to stick him in a cell til he croaks. Make him work--under strict oversight--to atone for his sins. But first, sell the penthouse and seize the $62Mil from his dear lil' innocent wifey and divvy it up among those Mafoff cheated.

Posted by: free9604 | March 13, 2009 4:22 PM | Report abuse

tarred and feathered, set loose in new york like a pinata

Posted by: pwaa | March 13, 2009 4:58 PM | Report abuse

rh843 sez:
He should get probation, the poor man is 70 years old.


Overwhelmed with incredulity, I can't fathom why his age has anything to do with this. If he had been caught at age 60 would that be an excuse? I say put him in Macy's front window for all to see, make an example of him.

Posted by: jimbo1949 | March 13, 2009 5:00 PM | Report abuse


Posted by: dajewell | March 13, 2009 5:32 PM | Report abuse

In addition to spending the rest of his life in lock up, I'd like to see the Fed (and Interpol for that matter) take not only all his assets, but all those of his wife and the rest of his family who if not directly involved (and some clearly were), at the very least benefited from the scam. This was NOT a one person operation.

Posted by: Barry8 | March 13, 2009 5:54 PM | Report abuse

Put him under house arrest, so at least he can die surrounded by family.

Posted by: propgal91 | March 13, 2009 6:40 PM | Report abuse

All assets belonging to him and his family members who have benefited from his money schemes should be frozen until they are liquidated and sold to provide restitution to his victims. People who worked for him should have their assets frozen and any assets above the poverty level should be liquidated to provide for his victims. He should be forced to watch his wife and children taking jobs at Wall Mart to provide an income to meet their most basic needs. His life should be prolonged as much as possible so he could be forced to watch daily the stories of his victims and what has occurred as a result of his behavior until he dies in prison. Build a special prison to house him and all the other financial pirates yet to be identified and this prison should house them in a manner to which they deserve. Perhaps Alcatraz could be refitted 'slightly' to serve this purpose and the tourists could view them sort of like a living history museum.

Posted by: marnold4 | March 13, 2009 6:54 PM | Report abuse

Do you think that maybe Mr. M.'s jail neighbors might want some helpful hints in "How did you DO that???"

Posted by: ElaineMDrew | March 14, 2009 8:24 AM | Report abuse

Nothing that 3 feet of rope any a sturdy tree cannot fix.

Sarcasm aside, he's 70 years old. A 10+ year sentence is most likely a death sentence for him. Unfortunately investors will maybe lucky to get $0.01 to the dollar. Most of the money no doubt was squandered. They are short no matter what happens to Madoff. Some of it is stashed somewhere in offshore accounts. His family has enjoyed the rest, penthouses, yachts, and artwork.

Posted by: jabreal00 | March 14, 2009 5:51 PM | Report abuse

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