Discussion on NYC judge allows Madoff to remain free

Schumpeter Reincarnate Joined: 24 May 2008 Posts: 46255

http://ml-implode.com/viewnews.....nfree.html

Flash in the pan Joined: 01 Jan 1970 Posts: 53

It is truly amazing what white collar criminals get away with. I for one would much rather be beaten to a pulp and recover over 6 months than try and recover from the loss of your life savings.

I don't buy the lack of flight risk.

1) Law enforcement is hoping he will lead them to the buried treasure.

2) Undoubtedly, Bernie has many connections to very "powerful" people who don't want him talking. Perhaps they will take him out before trial and blame it on a disgruntle NY electrician who lost his pension.

3) Law enforcement is afraid someone in jail would take him out.

Leaving him out on bail purely because he is not perceived as a flight risk is a weak argument.

Dyn-o-mite! Joined: 03 May 2008 Posts: 314 Location: N Cal

As the article notes, there is an ugly mood brewing. This Madoff character needs to be in protective custody for his own safety.