Now, it could be just me, since I'm a rather simple fellow, but shouldn't a guy who orchestrated the biggest scam or more plainly theft in US history be held in jail without bail. Nobody has committed fraud on this level and this guy gets "home confinement!?" I mean if ever there was a flight risk, this guy has got to be it. Out of the thousands of lives ruined, you would figure that Madoff would think that somebody would seriously want him taking a dirt nap and split the country.
I don't have a doctorate from some ivy league school or write books like some Barton Biggs type — see HedgeHogging. So maybe the Feds or the NY Attorney General (where the heck is a rabid dog like Spitzer when you need him. Sure he was Mr. Kinky, but he never missed a chance to perp walk someone right into the cozy confines of a cell) or NYC aristocracy have some stellar reason for keeping this guy free that I can't see. Maybe they all lost money with him and feel too stupid about it to lean on him.
Now, according to Bloomberg, Madoff is sending jewelry to his kids and his parents and some couple in Florida. I mean come on. The guy's a thief and he's getting away with goods in front of 300 million people!!
Hello, Hello?? Is anybody on duty in our government? Bush should get a shotgun, go to NYC and drag this guy's butt down to The Tombs immediately. I know, I know the response would be more like this: Bush: "We know he's a threat and we're working round the ummm clock. The American people need to know every things being underdone, to, you know, get him." Huh?
Of course, Obama could open his mouth too and say something substantial, but that's out of character. Obama: "Right now we're engaged in a serious study of options as they relate to him, to ascertain a plan that's both efficient and cost effective. All options are on the table. You''ll hear from us very soon. No more questions at this time." Snoooooze.
Article comments
1 - Ruvy
Forget home confinement; forget a trial! Hang the SOB by his "jewelry" - he can jettison that to his kids!
2 - Baronius
There's probably no way of stopping him from "shifting" his remaining wealth around. But that home confinement is unbelievable.