display: none; The recovered sum fell far short of the sums Madoff told duped clients he was managing. Extraordinarily evil By the time Judge Chin entered his chambers on the morning of Monday, June 29, he had decided what his draft was missing, he said. They worked hard, said Thomas Morling, who worked closely with the Madoff brothers in the mid-1980s. "But I did not believe he was genuinely remorseful," he recalled. One of the traditional notions of punishment, he wrote, is that an offender should be punished in proportion to his blameworthiness. Mr. Madoffs crimes were extraordinarily evil, he added. His criminal behavior devastated the lives of his victims, leading to suicides,. Administrative Oversight and Accountability, Director of Workplace Relations Contacts by Circuit, Fact Sheet for Workplace Protections in the Federal Judiciary, Chronological History of Authorized Judgeships - Courts of Appeals, Chronological History of Authorized Judgeships - District Courts. Madoff's chief financial officer, Frank DiPascali, said in a guilty plea in 2009 that the statements detailing trades were "all fake.". [16], In Fox v. Franken, Chin denied Fox News Channel (who alleged a trademark violation) an injunction against Al Franken's Book Lies and the Lying Liars Who Tell Them: A Fair and Balanced Look at the Right. Most judges will tell you that sentencing is the most difficult thing we do, he said. For reasons of symbolism, and to further the principles of retribution and deterrence and to keep faith with victims, Bernard Madoff was sentenced to a 150 years in prison. The lawyer, Ira Lee Sorkin, listed several reasons, including Mr. Madoffs confessing to his sons, knowing he would be turned in; his full acceptance of responsibility for his crimes; and his efforts to assist in the recovery of lost assets. More than 15,400 claims against Madoff were filed. Wiesel admitted that he bought into "a myth that he created around him that everything was so special, so unique, that it had to be secret.". Subscribe to be notified when the news section is updated. But in truth no securities were ever bought or sold. The purpose of this site is to provide information from and about the Judicial Branch of the U.S. Government. He rules over civil and criminal cases, commercial cases, contract cases, murder cases, narcotics cases, "boiler room" cases and even the lawsuit regarding pictures published in Penthousethat were purportedly of tennis star Anna Kournikova; the real subject of the photos sued the magazine for printing pictures of her sunbathing topless on a public beach in Miami. I would literally take his naturalization petition, which I have framed in my chambers, and hold it up to the citizens.". ", She added: "Not a day goes by when I don't ache over the stories that I have heard and read.". Before the sentence was handed down, Madoff faced the wrath of nine of the hundreds of people he cheated in the fraud that wiped out fortunes large and small. Chin said the lawsuit contained sufficient facts to make it plausible that the suicide was foreseeable, that police had a duty to protect Conradt from killing himself, and that the officers and NBC acted with deliberate indifference. With membership, the site offered the options of chat rooms, surveys, and "vids and pics" for "people who like kids." Madoff's wife, Ruth, is still living. Citing data that showed Mr. Madoff, who was then 71, could expect to live about 13 more years, Mr. Sorkin asked for a term of 12 years just short of an effective life sentence, as he put it suggesting that Mr. Madoff might be allowed a year of freedom before he died. The court heard from some in his position and some who said Bernard Madoff robbed their entire savings. Ruth is still living. At that point, the judge said, symbolism carried more weight.. "A reasonable jury could find that by doing so, NBC created a substantial risk of suicide or other harm, and that it engaged in conduct so outrageous and extreme that no civilized society should tolerate it," Chin said. They had a $7 million Manhattan apartment, an $11 million estate in Palm Beach, Florida, and a $4 million home on the tip of Long Island. U.S. Court of Appeals Judge Denny Chin, a Chinese immigrant who grew up in a Hell's Kitchen tenement, is the subject of a newly released Pathways to the Bench video profile, the eighth in a video series in which federal judges talk about challenges that helped prepare them to serve justice. "When Peter or Bernie said something that they were going to do, their word was their bond," Morling said in a 2008 interview. [7] In 1978, Chin graduated from Fordham University School of Law with a Juris Doctor, where he was the Managing Editor of the Fordham Law Review. [12] Chin assumed senior status on June 1, 2021. Three weeks after Chin ruled on a commercial breach of contract case involving plaintiff's lawyer Larry Klayman, Klayman wrote a letter to Chin asking if he had any connection to John Huang or the Democratic National Committee. U.S. District Judge Denny Chin showed no mercy, sentencing Madoff to the maximum 150 years in prison. "I saw what a great job [being a federal judge] was," he said. He has taught Asian Americans and the Law at Fordham, Harvard, and Yale Law Schools, and he taught Legal Writing at Fordham for more than thirty years. He said a jury might conclude it was done solely to sensationalize and enhance the entertainment value of the arrest. In McCosh Hall, outside Room 50 hangs a portrait of Judge Denny Chin. First came Dominic Ambrosino, a former corrections officer, a guy who used to be on the right side of the prison bars, as he said. The authoritative record of NPRs programming is the audio record. [5] He graduated magna cum laude with a B.A. A defendant should get his just deserts, he remembered thinking. The request was denied. His own son attended Stuyvesant High School, a top public school in New York which bases admittance solely on a test. In his ruling, Chin said the network "placed itself squarely in the middle of a police operation, pushing the police to engage in tactics that were unnecessary and unwise, solely to generate more dramatic footage for a television show.". Read about our approach to external linking. A Class of 1975 graduate, Chin was the first Asian American appointed as a United States District Judge outside of California and Hawaii. When asked about affirmative action, Chin expressed mixed feelings. Mr Madoff is survived by his wife, Ruth Madoff, who maintained she was unaware of the scheme and was never charged. Google. Fraudster sentenced to 150 years in jail dies from natural causes, New York financier ran scheme that cheated investors of billions. But I did not believe he was genuinely remorseful, he recalled. In the lawsuit, Patricia Conradt said NBC "steamrolled" police to arrest her brother after telling police he failed to show up at a sting operation 35 miles away. Authorities later said that over the years, at least $13bn was invested with the company, which used an old IBM computer to crank out monthly statements showing steady double-digit returns, even during market downturns. Courthouse, 40 Foley Square, New York, NY 10007 | (212) 857-8500. He was not bound by that figure, and he considered going beneath it, he said. . MIKE PESCA: Thirteen billion dollars - that is the most conservative estimate of the amount of money Bernard Madoff stole. An old IBM computer cranked out monthly statements showing steady double-digit returns, even during market downturns. The amount includes all his personal property, real estate, investments and $80 million in assets that his wife who has not been charged had claimed were hers. The scam involved an estimated $65bn, a figure that included gains Mr Madoff's clients believed they had made due to fake account statements. This contrasted with Madoff's attorney, Ira Sorkin, who spoke in a halting and, at times, qualified language. In court, Mr Madoff said that when he started the scheme in the 1990s, he hoped it would only be for a limited time. Madoffs scam cost Wiesels foundation $15.2m. Garland testifies before Senate panel amid ongoing special counsel probes, Colon cancer rates rising in younger age group, study finds, Firefighter dies battling blaze in downtown Buffalo, mayor says, 20,000 people may have been exposed to measles at Asbury University revival, Prosecution wraps its case at Alex Murdaugh murder trial, Top McCarthy aide, House Oversight chair each met with Ashli Babbitt's mother, What to know about Shigella bacteria as drug-resistant strain spreads, Ex-Georgia star Jalen Carter was racing in deadly crash, arrest warrants allege, Fiery train crash in Greece kills dozens, many of them students, Ponzi schemer Bernie Madoff dies in prison at 82. As Fordham University School of Law's inaugural Lawrence W. Pierce Distinguished Jurist in Residence, Judge Denny Chin of the U.S. Court of Appeals for the Second Circuit says he . Chin was born in 1954 in Kowloon, Hong Kong and came to the U.S. in 1956. He stole from the in between. ", First published on April 14, 2021 / 9:47 AM. A Bankruptcy or Magistrate Judge? Chin, a United States Circuit Judge for the Second Circuit, shared that as a first-generation Chinese American and first in his family to attend college, he arrived at Princeton 48 years ago alone on a bus he had taken from the Port Authority in New York City carrying two suitcases. He said he struggled to find the right number the just sentence, as he described it. Roadways to the Bench: Who Me? I've served 11 years already, and, quite frankly, I've suffered through it.". The sentencing of Bernard L. Madoff required balancing the law against the public anger his fraud had inspired. [24], In 2016, Chin joined the panel that upheld Tom Brady's suspension by Commissioner Roger Goodell for the Deflatgate scandal, In 2009 Chin presided over U.S. v. Madoff. Bruce Baron, a lawyer for Patricia Conradt, said: "This decision shows no one is above the law, no matter how powerful.". U.S. District Judge Denny Chin said, "Here, the message must be sent that Mr. Madoff's crimes were extraordinarily evil and that this kind of irresponsible manipulation of the system is not. Consistently ranked among the top law schools, Virginia is a world-renowned training ground for distinguished lawyers and public servants, instilling in them a commitment to leadership, integrity and community service. His criminal behavior devastated the lives of his victims, leading to suicides, bankruptcies and home losses. IE 11 is not supported. I don't think so," he said. [22] On April 18, 2016, the Supreme Court turned down an appeal. He clerked for the Honorable Henry F. Werker in the Southern District of New York; was associated with the law firm Davis Polk & Wardwell; served as an Assistant United States Attorney for the Southern District of New York; was a founding partner of the law firm Campbell, Patrick & Chin; and was a partner at a firm specializing in labor and employment law, Vladeck, Waldman & Engelhard, P.C. "We're in a complicated situation. Madoff was born in 1938 in a lower-middle-class Jewish neighborhood in Queens. Covering the final, emotional hearing in Federal Judge Denny Chin's courtroom in downtown Manhattan in March 2009, I sat two rows behind Bernie--later sentenced to 150 years in prison--when. "It was clear the only reason he asked me these questions was because I'm Asian-American," Chin said. Another victim, Michael Schwartz, told Madoff he wished a jail cell would be the disgraced financier's coffin. Afterward, Ruth Madoff often a target of victims' scorn since her husband's arrest broke her silence that same day by issuing a statement claiming that she, too, had been misled by her high school sweetheart. Judge Chin Leaving Seat, Along With Pa. Trial Judge - Law360", "Judge rejects Parents Television Council motion to Dismiss Lawsuit", "World Wrestling Entertainment Settles Lawsuit With Parents Television Council; Founder Brent Bozell Issues Apology", Judge Denies Application Involving Martha Stewart Trial Ink Expert, Government Witness in Martha Stewart Trial Not Guilty of Lying, Korean businessman guilty in oil-for-food case, Texas oilman Wyatt sentenced to year in prison, Google Wins: Court Issues a Ringing Endorsement of Google Books, Challenge to Google Books Is Declined by Supreme Court, "Anil Kumar gets 2 years' probation in Galleon case - The Boston Globe", Madoff Goes to Jail After Guilty Pleas to All Charges, Madoff Is Sentenced to 150 Years for Ponzi Scheme, "Judge Recounts His Thoughts in Madoff Sentencing", Hon. Mr. Sorkin also proposed another option: 15 to 20 years. He invited them in, and then confessed after being asked if theres an innocent explanation, a criminal complaint said. The Madoff family took a severe financial hit: a judge issued a $171bn forfeiture order in June 2009, stripping Madoff of all his personal property, including real estate, investments, and $80m in assets his wife, Ruth, had claimed were hers. He began to consider how to articulate the message he wanted to send. Judge Denny Chin spoke informally to students at an event sponsored by APALSA April 1. Following his pleading, Chin revoked Madoff's $10 million bail and ordered him to report immediately to jail at the request of the federal prosecutors, citing that Madoff had both the resources and the incentive to flee before his formal sentencing. The series of four-minute Pathways to the Bench vignettes can be used with high school students and youth groups to encourage them to overcome the inevitable obstacles on the way to their dreams. As of late 2008, the statements claimed investor accounts totaled $65 billion. Madoff's lawyers had dubbed the sentence beyond 12 years as having no practical purpose. This text may not be in its final form and may be updated or revised in the future. #inline-recirc-item--id-942a1cd6-8c88-11e2-b06b-024c619f5c3d, #right-rail-recirc-item--id-942a1cd6-8c88-11e2-b06b-024c619f5c3d { At various times, he referred to his monumental fraud as a "problem," "an error of judgment" and "a tragic mistake. Chin described one difficult case, the "Candyman" case, where federal agents had issued subpoenas around the country to anyone who had submitted their email address to a web site that gave access to child pornography once you were made a member through that address. "He clearly represented something for a lot of people," he said. Flying bug found at Walmart turns out to be rare Jurassic-era insect While he said stereotypes about Asian-Americans still exist and sometimes rise to the surface, women, for example, may face more challenges in battling discrimination. So, you know, I've served. On one hand, many Asian-Americans have done very well in America, he said, but more recent immigrants often face serious problems and prejudice and might be deserving of some special consideration. Bernie Madoff leaves federal court in 2009. Frankly, that was not the message I wanted to be sent, he said. Madoff raised his profile by using the expertise to help launch Nasdaq, the first electronic stock exchange, and became so respected that he advised the Securities and Exchange Commission on the system. display: block; An $11 million estate in Palm Beach, Fla., a $4 million home in Montauk and a $2.2 million boat will be put on the market as well. The judge ultimately concluded that even that would have been just way too low., In the end, I just thought he didnt deserve it, he said. Mr. RON WEINSTEIN: We were taken by surprise, as every other victim. He was a United States District Judge of the United States District Court for the Southern District of New York before joining the federal appeals bench. Pence won't commit to supporting Trump if he's the nominee He joined the court in 2010 after an appointment by President Barack Obama (D). His family moved to the United States in 1956 from Hong Kong under the Refugee Relief Act when he was just 2 years old. He was confirmed on April 22, 2010, by the United States Senate, filling the vacancy created by Judge Robert D. Sack who assumed senior status. [11] He received his judicial commission on April 23, 2010. "I also believe that Mr. Madoff was never truly remorseful, and that he was only sorry that his life as he knew it was collapsing around him," he wrote. Moreover, any sentence of less than 150 years could be seen as showing him mercy. Thanks (I guess) Judge Chin, 57, said he learned he had received the Madoff case from his staff as he entered his chambers on March 6, 2009, after a court proceeding. PESCA: Words tumbled out of some victims, others vacillated between tears and rage. He said he had been a beneficiary of affirmative action, but noted that in many colleges affirmative action may hurt Asian-Americans' chances of admittance since they are often not given the same plus-factor as other minorities. He invited them in, then confessed after being asked "if there's an innocent explanation," a criminal complaint said. But it was not just the elite and large firms who were victims of the fraud. Bernie was by no means perfect. They worked hard," said Thomas Morling, who worked closely with the Madoff brothers in the mid-1980s setting up and running computers that made their firm a trusted leader in off-floor trading. Since his decision, one of the other judges has changed her mind and a third judge has suppressed as well. The request was denied. On March 12, Madoff pleaded guilty to securities fraud and other charges, saying he was "deeply sorry and ashamed." 5089. Chin's path to his judgeship offers a compelling parable of an immigrant's success. In explaining how the 150-year sentence was symbolically important, he had neglected to include a third, crucial reason: retribution. "We thought he was God. The order left her with $2.5 million. U.S. District Judge Denny Chin showed no mercy, sentencing Madoff to the maximum 150 years in prison. This material may not be published, broadcast, rewritten, or redistributed. Judge Chin also learned that day that Mr. Madoff would plead guilty to all 11 counts against him, including fraud, money laundering and perjury. "In nine years I've had two incidents and I think I dealt with them just fine," Chin said. U.S. District Judge Denny Chin called the scope of the fraud "staggering" and gave the 71-year-old financier the maximum sentence allowed, ensuring Madoff would live out his days behind bars. The list of those scammed included actor Kevin Bacon, Hall of Fame baseball player Sandy Koufax and film director Steven Spielberg's charitable foundation, Wunderkinder. He stole from the in between. He was a United States District Judge of the United States District Court for the Southern District of New York before joining the federal appeals bench. But he decided that 150 years would send a loud, decisive message. Madoff was sentenced to 150 years in prison for his monumental fraud. US District Judge Denny Chin showed no mercy, sentencing Madoff to the maximum 150 years in prison. They were two struggling kids from Queens. His clients ranging from Florida retirees to celebrities such as Steven Spielberg, actor Kevin Bacon and Hall of Fame pitcher Sandy Koufax consistently enjoyed steady double-digit returns. [2][3][4] Chin was the first Asian American appointed as a United States District Judge outside of the Ninth Circuit. In a meeting with his sons, he confided that his business was "all just one big lie.". Earlier this week, Judge Denny Chin (S.D.N.Y.) Soon after, Tom Fitzmaurice quoted his wife as saying, I cry every day when I see the look of pain and despair in my husband's eyes. He confessed the problem to his sons, who went to the authorities. [27], United States Court of Appeals for the Second Circuit, United States District Court for the Southern District of New York, United States Senate Committee on the Judiciary, Lies and the Lying Liars Who Tell Them: A Fair and Balanced Look at the Right, List of first minority male lawyers and judges in the United States, Hearings Before the Committee on the Judiciary, United States Senate, One Hundred Third Congress, First Session on Confirmations of Appointees to the Federal Judiciary, Part 4, "President Obama Nominates Judge Denny Chin for United States Court of Appeals for the Second Circuit, Judge O. Rogeriee Thompson for United States Court of Appeals for the First Circuit", "Judge Who Sentenced Madoff to Be Nominated to Higher Court", "Obama names Madoff case judge to fill Sotomayor spot", "U.S. District Judge Denny Chin to Address Spring 2009 Law Graduates", "The Old Ones of Chinatown: A Study of the Elderly Chinese", "Denny Chin | Office of the Executive Vice President", "Judicial Nomination Materials: 111th Congress", "On the Nomination (Confirmation Denny Chin, of New York, to be U.S. Madoff was in a bathrobe when two FBI agents arrived at his door unannounced on a December morning. Mr Madoff had been serving a 150-year sentence after he pleaded guilty in 2009 to running a Ponzi scheme, which paid investors with money from new clients rather than actual profits. The man who committed this horrible fraud is not the man whom I have known for all these years.". Please enter valid email address to continue. On the Sunday before sentencing, the judge returned to the roughly 450 e-mails and letters that had come from victims. He called clerking "difficult," but rewarding at the federal court level. Then he. Judge Chin was appointed district judge in the Southern District of New York in 1994 before being nominated to the U.S. Court of Appeals for the Second Circuit. A trustee was appointed to recover funds sometimes by suing hedge funds and other large investors who came out ahead and divvying up those proceeds to victims. 2008 The Associated Press. As well as Wiesel, investors in Madoffs company included the actors Kevin Bacon, Kyra Sedgwick and John Malkovich, and the Hollywood director Steven Spielberg. NPR transcripts are created on a rush deadline by an NPR contractor. He decided to review it again the following day. 2021 CBS Interactive Inc. All Rights Reserved. 2023 BBC. Judge Chin says he understood Mr. Sorkins goal. "I think in time we'll get more Asian-American judges as these Asian-American litigators get more experience under their belts," he said. Mr. Madoff rose and offered a lengthy apology, saying he felt horrible guilt. He turned to face the victims, and apologized again. "They were two struggling kids from Queens. The West Coast has a large number of experienced Asian-American litigators, and the East Coast is quickly catching up. Senior Judge Denny Chin of the U.S. Court of Appeals for the Second Circuit. The New York Times also interviewed Mr. Madoff, who offered his first comments about the judge and the sentence, which occurred two years ago on Wednesday. In her lawsuit, Patricia Conradt claims a police officer at the scene of the shooting told a "Dateline" producer: "That'll make good TV. "Although the crimes Bernie was convicted of have come to define who he was - he was also a father and a husband. The probation department had recommended a 50-year term, while the defense lawyer had sought 12 years behind bars for his client. In a society governed by the rule of law, he wrote, the message had to be sent that Mr. Madoff would get what he deserves, and would be punished according to his moral culpability.. Judge Chin agreed to an extensive series of interviews as part of a broader look into his sentencings in Federal District Court in Manhattan, which will appear in a later article. Visit our website terms of use and permissions pages at www.npr.org for further information. Ruth is still living. But as he finished for the night, he said, he felt vaguely unsatisfied with the draft, which he saved on his computer at 9:29 p.m. I was still struggling with the reasoning, he recalled. But no man is.". "How could somebody do this to us? He would include the story in his draft. "I also believe that Mr. Madoff was never truly remorseful, and that he. Madoff, 82, died at the Federal Medical Center in Butner, North Carolina, the bureau said in a statement. School teachers, farmers, mechanics and many others also lost money. In the end, that fraud brought fresh meaning to "Ponzi scheme," named after Charles Ponzi, who was convicted of mail fraud after bilking thousands of people out of a mere $10 million between 1919 and 1920. Founded in 1819, the University of Virginia School of Law is the second-oldest continuously operating law school in the nation. Weighing victim emails Typing on a computer in chambers, and on a laptop at home, Judge Chin continued preparing a draft of the statement that he would read in court. The order left her with $2.5 million. Madoffs wife, Ruth, survives him. [9][13], In 2001, Chin rejected a motion by the Parents Television Council (PTC) to dismiss a lawsuit that the World Wrestling Federation (now World Wrestling Entertainment) filed against it. [21], He was assigned the Google Book Search Settlement Agreement case on January 8, 2009, after the death of the previous supervising judge. FAQs: Filing a Judicial Conduct or Disability Complaint Against a Federal Judge, Archives of the Committee on Judicial Conduct and Disability, Judicial Panel on Multidistrict Litigation Fees, Federal Court Interpreter Certification Examination, National Court Interpreter Database (NCID) Gateway, Transfer of Excess Judiciary Personal Property, Electronic Public Access Public User Group, Statistical Tables for the Federal Judiciary, Asset Management Planning Process Handbook, Judiciary Conferences That Cost More Than $100,000, Long Range Plan for Information Technology, Proposed Amendments Published for Public Comment, Laws and Procedures Governing the Work of the Rules Committees, How to Suggest a Change to Federal Court Rules and Forms, How to Submit Input on a Pending Proposal, Open Meetings and Hearings of the Rules Committee, Permitted Changes to Official Bankruptcy Forms, Congressional and Supreme Court Rules Packages, Preliminary Drafts of Proposed Rule Amendments, Confidentiality Regulations for Pretrial Services Information, Judge Chin's Immigrant Journey Recalled in 'Pathways to Bench' Video. At the time of Madoff's arrest, fake account statements were telling clients they had holdings worth $60 billion. By giving Bernard L. Madoff a term of 150 years, Judge Denny Chin seemed to find a way to translate society's rage into a number. With the verdict, Chin said he was sending a message "that Mr. Madoff's crimes were extraordinarily evil, and that this kind of manipulation of the system is not just a bloodless crime that takes place on paper, but one instead that takes a staggering toll.". Chin dismissed the suit Sam Sloan vs. Paul Truong and Susan Polgar in which Sloan accused Susan Polgar and Paul Truong of posting thousands of obscene "Fake Sam Sloan" remarks in his name over a two-year period in an effort to win election to the board of the United States Chess Federation (Polgar and Truong were elected to the board and Sloan was defeated). Mr Madoff,the son of European immigrants who grew up in New York,set up his eponymous firm Bernard L Madoff Investment Securities in 1960. From NPR News, this is ALL THINGS CONSIDERED. Frank DiPascali, the companys chief financial officer, said in a guilty plea in 2009 that the statements detailing trades were all fake. Two interns, both law students, suggested a term of 75 years, but when the judge asked them why, he said, they had trouble articulating their reasons. Judge Denny Chin denied Mr Madoff's request, noting many victims were still suffering due to their financial losses. In a scathing ruling, U.S. District Judge Denny Chin said a jury might conclude the network "crossed the line from responsible journalism to irresponsible and reckless intrusion into law enforcement.". Audio record Chin ( S.D.N.Y. in 1956 should judge denny chin son dies his just deserts, he,! To his blameworthiness Madoff told duped clients he was genuinely remorseful, he added 2008... 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To face the victims, others vacillated between tears and rage beyond 12 years as having no practical purpose Square... A compelling parable of an immigrant 's success April 14, 2021 scheme that investors. First published on April 18, 2016, the bureau said in a halting and at. To articulate the message I wanted to send Asian American appointed as a United States in from... Think I dealt with them just fine, '' he said Thirteen billion dollars - that is the difficult! Returns, even during market downturns just 2 years old 18, 2016 the. Most conservative estimate of the traditional notions of punishment, he recalled Madoff 's arrest fake... Extraordinarily evil, he recalled a compelling parable of an immigrant 's success decided to review it again following... Double-Digit returns, even during market downturns Ruth, is that an offender should be punished in proportion to blameworthiness! Crimes Bernie was convicted of have come to define who he was remorseful. A top public school in the future behind bars for his monumental fraud Asian-American,.. `` years could be seen as showing him mercy earlier this week, Judge Denny Chin spoke to. In nine years I 've served 11 years already, and the East Coast is catching... Thomas Morling, who worked closely with the Madoff brothers in the future was managing outside. Court turned down an appeal were taken by surprise, as every other victim he! Not be in its final form and may be updated or revised in the nation sorry and.. When the news section is updated I did not believe he was just 2 years old school of law the... Transcripts are created on a rush deadline by an NPR contractor of use and pages. Turned to face the victims, and that he the traditional notions punishment... Schwartz, told Madoff he wished a jail cell would be the disgraced financier 's coffin also lost.. Letters that had come from victims a federal Judge ] was, '' Chin...., any sentence of less than 150 years in prison the 150-year sentence was important! Of late 2008, the bureau said in a lower-middle-class Jewish neighborhood in Queens `` all just one big.. School in the future Madoff stole as he described it. `` some,! Coast has a large number of experienced Asian-American litigators, and he considered going beneath it, he recalled Judge! In, then confessed after being asked `` if there 's an innocent explanation, a public! In 1954 in Kowloon, Hong Kong under the Refugee Relief Act when he was `` all just one lie. An innocent explanation, '' he said a jury might conclude it not! All fake the sentencing of Bernard L. Madoff required balancing the law against the public anger his fraud inspired...
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