Breaking: Bernie Madoff Still Free to be under House Arrest
Really, it brings a new definition to the phrase “gilded cage.” The judge today denied a prosecutor’s request to revoke Madoff’s bail.
It’s pretty hard to convince a judge that a 70 year old man whose apartment is guarded by a phalanx of news reporters that jail is the only way to “protect the community.”
For more coverage on Madoff’s “genius” ponzi shenanigans, check Dealbreaker.
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Madoff: Bail, No Jail [Dealbreaker]
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