Tuesday, July 14, 2009

Money versus life

Don’t steal money
From the rich or poor
Much time in prison
You’ll serve for sure

Embezzling funds
In prison for life
Stuck behind bars
No children or wife

Injuring someone
May not result
In much jail time
Now what an insult

At his parole hearing
The prisoner may say
He’s very sorry
And prays everyday

Released on parole
He seemed so sincere
And now his victim
Is filled with fear

He stole their money
So many deceived
They’ll be no parole
For life he received

By, Randee Saber 7/13.09

Bernie Madoff Won't Appeal 150-Year Prison Term, Attorney Says
Ponzi Scammer Awaits Prison Assignment for $65 Billion Fraud

Notorious Ponzi scammer Bernie Madoff will not appeal the 150-year prison sentence that was handed down to him late last month, apparently resigned to the fact that he will spend the rest of his life behind bars for his $65 billion fraud.

Ponzi scammer Bernie Madoff, has left the Manhattan's Metropolitan Correctional Center, on his way to a permanent federal prison. He has decided not to appeal his 150-year prison sentence for his $65 billion fraud, his attorney said. Madoff's attorney, Ira Sorkin, said Madoff had reached the decision, but would not comment on his reasons for doing so. Judge Denny Chin sentenced Madoff to the maximum term June 29, saying it was a symbolic sentence for a crime that showed "extraordinary evil" and "took a staggering human toll." As Chin read his sentence, the courtroom, filled with many of Madoff's devastated victims, broke into applause.