Tuesday, January 13, 2009

Crime: Bernie Madoff Wants to Make a Deal:

Federal prosecutors acknowledged in a court order released Monday that Mr. Madoff’s lawyer, Ira Lee Sorkin, is “engaging in discussions concerning a possible disposition of this case.”

While Mr. Sorkin would not comment, several former prosecutors said that language clearly indicated that the discussions were about a deal in which Mr. Madoff would agree to plead guilty in exchange for some type of leniency.

So the question is: What the fuck does Bernie Madoff have to offer, really? Where is his leverage, besides in his imagination (finance double entendre!). Sure, he could save the government the trouble of trying him. But with one of the biggest scams in history at stake, would a trial not be a valuable thing for the public? If people don't get some measure retribution by seeing Bernie squirm, they're likely to burn his house down, or something, not that we advocate that sort of thing, but if some guy steals millions of bucks from you, you're gonna punch him in the face, metaphorically or otherwise.

1:38 PM