ON Monday, Bernard Madoff will find out if US District Judge Denny Chin agrees with him that US$65bil is equivalent to 12 years of freedom. Despite the lingering gloom of Michael Jackson’s death, Madoff’s sentencing will be the biggest show in New York, and the world is watching.
Already reviled for running a Ponzi scheme that cheated thousands of investors over decades, Madoff sparked fresh outrage when he asked for jail-time that most people say is disproportionate to the damage he has caused.
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