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Monday, June 29, 2009

Could Madoff Make Good?

After Bernie Madoff was sentenced to 150 years in prison today, I called on a regular KTRS contributor, investment advisor Jeff Lapidus (a/k/a The Retirement Coach), to offer his perspective on what Madoff had done, how you can avoid being ripped off as Madoff's clients were, and whether the sentence makes sense. Jeff suggested an alternative to pure imprisonment that I found interesting...

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1 comments -- click to add yours:

Eric said...

I think we should give him time off for good behavior. Let's say 2/3 of his sentence can be removed if he behaves during his first 1/3 of it.

Because it's all about rehabilitation and forgiveness. Madoff should be no more burden on society at 121 years old, should he?

I remain,
Sincerely,
Eric L. Sofer
x<]:o){
The Bad Clown...