The judge is keeping Madoff out of jail and comfy in his penthouse apartment in New York. This decision came down today even while everyone else, including the government prosecutor, is clamoring for his head and for burying him in jail. It is obvious what is going on.
Only one person can tell it all. And, that “all” includes not only where the money may be, but also how many others were involved and how he was able to pull this off for so long. Madoff knows this and so does the judge. It is a classic standoff.
You can be sure the judge won’t let him stay out of jail unless he starts singing. And, you can also be sure that Madoff will take his time painting the full picture. But the end result will be worth it and those calling for his immediate incarceration are being short sighted.
It is time to cool it and let this strategy play out. Madoff will go to jail in good time, and it will be for a long, long time.
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Related Articles:
Bernard Madoff Story Leaves Front Pages, But Becomes Still More Amazing by JRodgers - Jan 03, 2009
2009 Could be the Year of the Exposed Ponzi Scheme by JRodgers - Jan 03, 2009
Madoff Stays out of Jail by JRodgers - Jan 06, 2009.
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