Comments on: Madoff’s Attorney: Not Happy With the 150 Years http://www.securitiesdocket.com/2009/06/30/madoffs-attorney-not-happy-with-the-150-years/ Wed, 18 Jan 2012 14:33:01 +0000 hourly 1 http://wordpress.org/?v=3.0 By: John Baker http://www.securitiesdocket.com/2009/06/30/madoffs-attorney-not-happy-with-the-150-years/comment-page-1/#comment-2222 John Baker Tue, 30 Jun 2009 14:33:06 +0000 http://www.securitiesdocket.com/?p=9265#comment-2222 I was surprised that the conventional wisdom seemed to be that a sentence of 25 - 35 years was in store. The sentencing guidelines called for 150 years, and there was a complete absence of factors suggesting a downward departure from the guidelines. In fact, if this case did not call for the application of the maximum sentence, it's hard to see what case would - every consideration suggested the longest possible sentence was in order. I was surprised that the conventional wisdom seemed to be that a sentence of 25 – 35 years was in store. The sentencing guidelines called for 150 years, and there was a complete absence of factors suggesting a downward departure from the guidelines. In fact, if this case did not call for the application of the maximum sentence, it’s hard to see what case would – every consideration suggested the longest possible sentence was in order.

]]> By: Doug Cornelius http://www.securitiesdocket.com/2009/06/30/madoffs-attorney-not-happy-with-the-150-years/comment-page-1/#comment-2221 Doug Cornelius Tue, 30 Jun 2009 13:49:41 +0000 http://www.securitiesdocket.com/?p=9265#comment-2221 "Not Happy" is surely an understatement. It's hard to see what value Sorkin added given the result: maximum sentence and full seizure of the assets. A complete and total loss. But could he have done anything. Bernie was the biggest thief, with widespread impact. He was probably going to get the "Full Bernie" so matter who the lawyer was or how good the lawyer was. “Not Happy” is surely an understatement. It’s hard to see what value Sorkin added given the result: maximum sentence and full seizure of the assets. A complete and total loss.

But could he have done anything. Bernie was the biggest thief, with widespread impact. He was probably going to get the “Full Bernie” so matter who the lawyer was or how good the lawyer was.

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