<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
		>
<channel>
	<title>Comments on: Bernie Madoff Sentenced today to 150 years</title>
	<atom:link href="http://www.webcogito.com/2009/06/29/bernie-madoff-sentenced-today/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.webcogito.com/2009/06/29/bernie-madoff-sentenced-today/</link>
	<description>Stop. Stay. Think.</description>
	<lastBuildDate>Sat, 17 Jul 2010 01:46:30 +0000</lastBuildDate>
	<generator>http://wordpress.org/?v=2.9.2</generator>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
		<item>
		<title>By: Jean Valjean</title>
		<link>http://www.webcogito.com/2009/06/29/bernie-madoff-sentenced-today/comment-page-1/#comment-16414</link>
		<dc:creator>Jean Valjean</dc:creator>
		<pubDate>Mon, 29 Jun 2009 18:21:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.webcogito.com/?p=525#comment-16414</guid>
		<description>According to the NYTimes, he was taken straight to jail:

&lt;blockquote&gt;Mr. Madoff was expected to return to his cell at the Metropolitan Correctional Center in Lower Manhattan while federal prison officials determine where he will serve his sentence. The judge indicated that Mr. Madoff would be imprisoned somewhere in the Northeast.&lt;/blockquote&gt;

However, I guess there&#039;s always the possibility of appeal, but I&#039;m not sure how that would work since he himself pled guilty.</description>
		<content:encoded><![CDATA[<p>According to the NYTimes, he was taken straight to jail:</p>
<blockquote><p>Mr. Madoff was expected to return to his cell at the Metropolitan Correctional Center in Lower Manhattan while federal prison officials determine where he will serve his sentence. The judge indicated that Mr. Madoff would be imprisoned somewhere in the Northeast.</p></blockquote>
<p>However, I guess there&#8217;s always the possibility of appeal, but I&#8217;m not sure how that would work since he himself pled guilty.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Barbara Pletcher</title>
		<link>http://www.webcogito.com/2009/06/29/bernie-madoff-sentenced-today/comment-page-1/#comment-16413</link>
		<dc:creator>Barbara Pletcher</dc:creator>
		<pubDate>Mon, 29 Jun 2009 18:16:39 +0000</pubDate>
		<guid isPermaLink="false">http://www.webcogito.com/?p=525#comment-16413</guid>
		<description>I just want to know --- did he go directly to jail??  Or, will he float around for a few years while he appeals his conviction?  I hoped they cuffed him and took him directly to a cell.</description>
		<content:encoded><![CDATA[<p>I just want to know &#8212; did he go directly to jail??  Or, will he float around for a few years while he appeals his conviction?  I hoped they cuffed him and took him directly to a cell.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: BigEdsBlog</title>
		<link>http://www.webcogito.com/2009/06/29/bernie-madoff-sentenced-today/comment-page-1/#comment-16412</link>
		<dc:creator>BigEdsBlog</dc:creator>
		<pubDate>Mon, 29 Jun 2009 17:46:57 +0000</pubDate>
		<guid isPermaLink="false">http://www.webcogito.com/?p=525#comment-16412</guid>
		<description>Isn&#039;t a Ponzi scheme just like Social Security.
Check out my take and stick around for more good content.
http://libertarianhumor.com/2009/06/29/not-so-fresh-fish/</description>
		<content:encoded><![CDATA[<p>Isn&#8217;t a Ponzi scheme just like Social Security.<br />
Check out my take and stick around for more good content.<br />
<a href="http://libertarianhumor.com/2009/06/29/not-so-fresh-fish/" rel="nofollow">http://libertarianhumor.com/2009/06/29/not-so-fresh-fish/</a></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Jean Valjean</title>
		<link>http://www.webcogito.com/2009/06/29/bernie-madoff-sentenced-today/comment-page-1/#comment-16411</link>
		<dc:creator>Jean Valjean</dc:creator>
		<pubDate>Mon, 29 Jun 2009 16:03:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.webcogito.com/?p=525#comment-16411</guid>
		<description>I agree. Clawbacks for all.

Judge Chin seemed to feel the same way:

&lt;blockquote&gt;
&quot;I simply do not get the sentence that Mr. Madoff has done all that he could or told all that he knows,&quot; Chin said. As it became clear that Madoff&#039;s scheme was unraveling, Chin cited the jewelry Madoff mailed to family members and other disbursements made to those close to him.

While Madoff tried to pay back investors, Chin says the presentencing memo shows that &lt;strong&gt;Madoff withdrew millions of dollars for the personal expenses of family and friends, such as &quot;the acquisition of two yachts and four country club memberships&lt;/strong&gt;.&quot;&lt;/blockquote&gt;

http://amlawdaily.typepad.com/amlawdaily/2009/06/live-blogging-the-madoff-sentencing-150-years-chin-says.html</description>
		<content:encoded><![CDATA[<p>I agree. Clawbacks for all.</p>
<p>Judge Chin seemed to feel the same way:</p>
<blockquote><p>
&#8220;I simply do not get the sentence that Mr. Madoff has done all that he could or told all that he knows,&#8221; Chin said. As it became clear that Madoff&#8217;s scheme was unraveling, Chin cited the jewelry Madoff mailed to family members and other disbursements made to those close to him.</p>
<p>While Madoff tried to pay back investors, Chin says the presentencing memo shows that <strong>Madoff withdrew millions of dollars for the personal expenses of family and friends, such as &#8220;the acquisition of two yachts and four country club memberships</strong>.&#8221;</p></blockquote>
<p><a href="http://amlawdaily.typepad.com/amlawdaily/2009/06/live-blogging-the-madoff-sentencing-150-years-chin-says.html" rel="nofollow">http://amlawdaily.typepad.com/amlawdaily/2009/06/live-blogging-the-madoff-sentencing-150-years-chin-says.html</a></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Lucius</title>
		<link>http://www.webcogito.com/2009/06/29/bernie-madoff-sentenced-today/comment-page-1/#comment-16410</link>
		<dc:creator>Lucius</dc:creator>
		<pubDate>Mon, 29 Jun 2009 15:56:27 +0000</pubDate>
		<guid isPermaLink="false">http://www.webcogito.com/?p=525#comment-16410</guid>
		<description>His wife and kids should give up every luxury that they possess.  Why should his wife and kids fare any better than the unwitting victims?  There are legal principles, like &quot;constructive trust&quot;, that would support the notion that the wife/kids should be regarded as holding their possessions in trust for the victims -- and thus,  be required to turn over those assets -- without it being deemed a &quot;taking&quot; by the government...</description>
		<content:encoded><![CDATA[<p>His wife and kids should give up every luxury that they possess.  Why should his wife and kids fare any better than the unwitting victims?  There are legal principles, like &#8220;constructive trust&#8221;, that would support the notion that the wife/kids should be regarded as holding their possessions in trust for the victims &#8212; and thus,  be required to turn over those assets &#8212; without it being deemed a &#8220;taking&#8221; by the government&#8230;</p>
]]></content:encoded>
	</item>
</channel>
</rss>
