Forget black hat this guy was blacker then black hat.

Bernie Madoff has just been sentenced to 150 years in prison for running the biggest Ponzi scheme in history. It was the maximum sentence the judge could have given him.

Before sentencing, Madoff addressed the courtroom:

"I'm responsible for a great deal of suffering and pain, I understand that," Mr. Madoff told the court. "I live in a tormented state now, knowing all of the pain and suffering that I've created. I've left a legacy of shame, as some of my victims have pointed out, to my family and my grandchildren."

Addressing his victims seated in the courtroom, he said: "I will turn and face you. I'm sorry. I know that doesn't help you."

But after hearing a succession of Madoff's victims plead for a harsh sentence, judge Denny Chin rejected the Madoff team's pleas for leniency, including their (preposterous) suggestion of a 12-year sentence.

From 12 year plea to 150 years! Just goes to show fraud is still a very dangerous game in the laws eyes!

DAM he was seriously defrauding people, i am glad i was not one of them!

Dude you could have made so much money in his scam though. Think about this way i have been aproched before for what i think was a ponzi scheme and i have 350 dollars the guy said he double my investment in a Down Market. This what i would done i would used his scheme for a while then get out before it fails. So many people did that with Bernie i mean i would done the same. I dont think we should pay back people who lost there money with tax dollars because this what i say why? These people should know he was a scammer. Now people are crying and want regulations. I hate people who do that because this how i look at if they were laughing about regulations now they want protection. You win some you lose some and these people are idiots most them were overprivlaged idiots who inhereted a bunch money and give money to people to make more money so they can be lazy. Hard work Detication and Read rich dad poor dad you will become rich as long you keep learning i one day want to make the fourbes list i know i can just need to learn.

Was that a rant? I think you make some valid points some of us may disagree with some of them but they are your opinions! I think you are correct in saying though that you will one day become rich with determination and the willingness to learn!