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Opinion Exchange

A conversation with the Editorial Board

Go directly to jail — for 150 years

June
30

Bernard Madoff’s sentencing had readers talking about the length of the term, with most saying it was more than fair considering how many lives he had ruined. A few people thought it was excessive and that the judge let emotions rule the court.

He got what he deserved,

one reader wrote, while another added:
Makes everyone feel better, but doesn’t get anyone their money back any faster. Twenty years would be the same as a death sentence in reality. He will be wearing an orange jumpsuit and eating bologna sandwiches for the rest of his life either way.

Another countered:
I understand the anger being felt, which is dwarfed by the pain felt by crushed investors. That being said, I have a problem with giving out sentences based on the demands of the masses and not based in law. … Judges need to be able to leave emotion out of their decisions.

More than a few readers are convinced that Madoff’s wife and sons should also face the legal system.
Here’s one reader’s comments:
They need to go after the family and employees. This was no one-man scam.

Another wrote:
Until everyone is paid back his wife and children should have nothing. They are living on other people’s stolen money. Maybe a little dumpster diving would be good for them.

A few are also laying blame on the Securities and Exchange Commission for not investigating warnings about Madoff earlier or more thoroughly.
The government’s hands are dirty in this also. The SEC was warned about Madoff for years and never acted on it. This sad saga is by no means over today.

This entry was posted on Tuesday, June 30th, 2009 at 11:45 am by Tracey Princiotta. | Email This Post Email This Post

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Welcome to the Opinion Exchange, the blog of the Community Conversation/Editorial Page desk of The Journal News and LoHud.com. Check here for regular roundups on the conversations online and in print that are driving the issues and stories in the Lower Hudson Valley. This is also your place for two-way conversation with the people behind the opinions at the TJN and LoHud.com. Help set and propel the Editorial BoardŐs agenda by steering us to the hot topics in your neighborhoods.

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