Bernie Madoff Receives the Maximum Sentence of 150 Years

Hosted by

There was a burst of applause in a Manhattan courtroom today when federal Judge Denny Chin gave financial swindler Bernard Madoff the maximum term of 150 years in prison. For a 71-year-old man, even the minimum would have been a life sentence. Judge Chin said he was sending some messages. One of Madoff's victims, Burt Ross, told reporters he lost $5 million and cited Dante's Inferno, which assigns violators of trust to the lowest depths of hell. Diana Henriques is senior financial writer for the New York Times.

Credits

Guest:
Diana Henriques - Senior Financial Writer, New York Times

Host:
Warren Olney

Producers:
Andrea Brody, Christian Bordal