"He'd been staring out the window the all day," DiPascali testified. When it came Madoff's time to talk, he rose and kept two fists balled on the table as if for ballast. .component--type-recirculation .item:nth-child(5) { He said he had been a beneficiary of affirmative action, but noted that in many colleges affirmative action may hurt Asian-Americans' chances of admittance since they are often not given the same plus-factor as other minorities. "We never quite got the hang of developing business that was the hard part," he said. He also is suing big money managers and investors for billions of dollars, claiming they were Madoff cronies who also cashed in on the fraud. Chin, a United States Circuit Judge for the Second Circuit, shared that as a first-generation Chinese American and first in his family to attend college, he arrived at Princeton 48 years ago alone on a bus he had taken from the Port Authority in New York City carrying two suitcases. [8] He was an Assistant United States Attorney for the Southern District from 1982 to 1986. On March 23, 2011, Chin rejected Google's plan to digitize every book published, saying the plan violated copyright laws. Moreover, any sentence of less than 150 years could be seen as showing him mercy. Accuracy and availability may vary. Madoff died at the Federal Medical Center, a prison for inmates with health needs, in Butner, North Carolina, apparently from natural causes. Madoff's other son, Andrew, died from cancer at age 48. Hing) and Lily Chin (ne Yee).His father earned the right to bring a Chinese bride into the United States through his service in World War II.After Lily suffered a miscarriage in 1949 and was unable to have children, the couple adopted Vincent from a . Im surprised Chin didnt suggest stoning in the public square, he added. Pence won't commit to supporting Trump if he's the nominee Mr. CANTOR: I wasn't doing as well as I could've been (unintelligible). Among them was Nobel Peace Prize winner and Holocaust survivor Elie Wiesel, who recalled meeting Madoff years earlier at a dinner where they talked about history, education and Jewish philosophy not money. Circuit Judge for the Second Circuit)", "2nd Circ. Mr. IRWIN CANTOR: I'm a professional loser, yeah. I would tell the new citizens about my grandfather. After the meeting, a lawyer for the family contacted regulators, who alerted federal prosecutors and the FBI. [22] On April 18, 2016, the Supreme Court turned down an appeal. After spending several months under house arrest at his $7m penthouse apartment, he was led off to jail in handcuffs, to scattered applause from angry investors in the courtroom. The whole goddamn thing is a fraud.'". A Bankruptcy or Magistrate Judge? C.W. Judge Chin read his passage on retribution, which, after the length of the sentence itself, appeared to have the greatest impact. Please enter valid email address to continue. 2023 BBC. Madoff's wife, Ruth, is still living. [8][9], President Bill Clinton nominated Chin to the Southern District bench on March 24, 1994, to a new seat created by 104 Stat. But Chin's position is unique for another reason as well he was the first Asian-American appointed to a federal district court judgeship outside the 9th Circuit, and is now just one of six Asian-American Article III judges today. Mr. RON WEINSTEIN: We were taken by surprise, as every other victim. Mr Madoff,the son of European immigrants who grew up in New York,set up his eponymous firm Bernard L Madoff Investment Securities in 1960. The authoritative record of NPRs programming is the audio record. NYT reporter: Son's suicide gave Madoff sense of contrition, Author: Madoffs kin likely didnt know of scam. Madoff, known as Bernie, was a former chairman of the Nasdaq stock exchange, and was regarded for years as an investment sage. An old IBM computer cranked out monthly statements showing steady double-digit returns, even during market downturns. US District Judge Denny Chin sentenced Madoff to the maximum possible term. Madoff was sent to do what amounted to a life sentence at Butner Federal Correctional Complex, about 45 miles northwest of Raleigh, N.C. . Covering the final, emotional hearing in Federal Judge Denny Chin's courtroom in downtown Manhattan in March 2009, I sat two rows behind Bernie--later sentenced to 150 years in prison--when. But I did not believe he was genuinely remorseful, he recalled. "The man who committed this horrible fraud is not the man whom I have known for all these years. The scam involved an estimated $65bn, a figure that included gains Mr Madoff's clients believed they had made due to fake account statements. Bernard Madoff, right, leaves US . #inline-recirc-item--id-942a1cd6-8c88-11e2-b06b-024c619f5c3d, #right-rail-recirc-item--id-942a1cd6-8c88-11e2-b06b-024c619f5c3d { Before issuing his ruling, Chin said he reviewed a copy of the Feb. 20, 2007 episode. But he added that it was important to remember the history of Asians in the United States, and mentioned in particular the Korematsu case and the Japanese internment camps during World War II. But he decided that 150 years would send a loud, decisive message. [17], Chin also presided over the criminal prosecution of Larry Stewart, the handwriting expert who was accused of committing perjury during the trial of Martha Stewart (no relation). "How could somebody do this to us? Mr. Sorkin also proposed another option: 15 to 20 years. "[6] While a student at Princeton, Chin was a staff writer and later managing editor at The Daily Princetonian. Visit our website terms of use and permissions pages at www.npr.org for further information. Earlier this week, Judge Denny Chin (S.D.N.Y.) Bernard Madoff, the one-time Wall Street titan who orchestrated one of the largest frauds in history, has died in prison aged 82. Klayman later alleged in a brief that because minorities cannot obtain positions in high places without the support of their communities, Chin could not have gotten his appointment without the support of John Huang. Judge Denny Chin explains his reasoning. His family moved to the United States in 1956 from Hong Kong under the Refugee Relief Act when he was just 2 years old. Chin spoke informally to students in a discussion organized by the Asian Pacific American Law Students Association (APALSA) April 1 at the Law School. "He stole from the rich. Menaka Guruswamy, Arundhati Katju Helped Win Landmark Ruling in India, Consumer Information (ABA Required Disclosures), Asian Pacific American Law Students Association (APALSA), Jamar Walker 11 Makes History as First LGBT Federal Judge in Virginia, Sean Onwualu 24 Trades in Playbooks for Casebooks, LGBT Rights Litigators To Receive Jefferson Medals in Law, Big Data and War: Can a Cyberattack Warrant an Armed Response? In court, Mr Madoff said that when he started the scheme in the 1990s, he hoped it would only be for a limited time. "It's real important for you to be involved," he said. . A graduate of Princeton, Chin couldn't get a paying job after his first year at the Fordham University School of Law, so he interned for a judge in New York's Southern District, then clerked for the same judge following graduation. His service as a district court judge was terminated on April 26, 2010, when he was elevated to the United States Court of Appeals for the Second Circuit. Mr Madoff had been serving a 150-year sentence after he pleaded guilty in 2009 to running a Ponzi scheme, which paid investors with money from new clients rather than actual profits. But it was the global recession which effectively prompted Mr Madoff's demise as investors, hit by the downturn, tried to withdraw about $7bn from his funds and he could not find the money to cover it. Read about our approach to external linking. Since his decision, one of the other judges has changed her mind and a third judge has suppressed as well. Mr. Madoff, speaking by phone from federal prison in Butner, N.C., said he believed that Judge Chin went along with the mob psychology of the time., Explain to me who else has received a sentence like that, Mr. Madoff said. Chin spent much of his statement utterly dismissing each argument the Madoff team put forth. "I also believe that Mr. Madoff was never truly remorseful, and that he. "I think in time we'll get more Asian-American judges as these Asian-American litigators get more experience under their belts," he said. Roadways to the Bench: Who Me? His death was announced by the Bureau of Prisons. A Class of 1975 graduate, Chin was the first Asian American appointed as a United States District Judge outside of California and Hawaii. [14] At the time, the PTC had been campaigning for advertisers to withdraw sponsorship of WWE's flagship program SmackDown because it believed that the program caused the violent deaths of four children. February 26, 2008 / 5:54 PM There were several more Asian-American faces in Madison Square Gardens that night too. For an optimal experience visit our site on another browser. Authorities say that over the years, at least $13 billion was invested with Madoff. Read about our approach to external linking. He clerked for the Honorable Henry F. Werker in the Southern District of New York; was associated with the law firm Davis Polk & Wardwell; served as an Assistant United States Attorney for the Southern District of New York; was a founding partner of the law firm Campbell, Patrick & Chin; and was a partner at a firm specializing in labor and employment law, Vladeck, Waldman & Engelhard, P.C. DiPascali recounted for jurors how just before the scheme was exposed, Madoff called him into his office. Denny Chin (; born April 13, 1954[1]) is a Senior United States circuit judge of the United States Court of Appeals for the Second Circuit, based in New York City. Chin was born on May 18, 1955, in Guangdong province, Mainland China.He was the only child of Bing Hing "David" Chin (a.k.a. Founded in 1819, the University of Virginia School of Law is the second-oldest continuously operating law school in the nation. The request was denied. The firm was investigated eight times by the US Securities and Exchange Commission because it made exceptional returns. Bernie Madoff, a Wall Street financier disgraced after he admitted to one of the biggest frauds in US financial history, has died in prison at age 82. Another victim, Michael Schwartz, told Madoff he wished a jail cell would be the disgraced financier's coffin. Chin tossed out many of Patricia Conradt's claims but said her principal claims could proceed to trial. While he said stereotypes about Asian-Americans still exist and sometimes rise to the surface, women, for example, may face more challenges in battling discrimination. The company became one of the largest market-makers - matching buyers and sellers of stocks - and Mr Madoff served as chairman of the Nasdaq stock exchange. As agents scoured records for evidence of a broader conspiracy and cultivated DiPascali as a cooperator, the scandal turned Madoff into a pariah, evaporated life fortunes, wiped out charities and apparently pushed some investors to die by suicide. Madoff was sentenced to 150 years in prison for his monumental fraud. [9] He was sworn in as a Circuit Judge on April 26, 2010. Madoff's other son, Andrew, died from cancer at age 48. In fact, today, when he did turn around and acknowledged the victims, I felt as if there was a satisfaction that I had actually penetrated. FAQs: Filing a Judicial Conduct or Disability Complaint Against a Federal Judge, Archives of the Committee on Judicial Conduct and Disability, Judicial Panel on Multidistrict Litigation Fees, Federal Court Interpreter Certification Examination, National Court Interpreter Database (NCID) Gateway, Transfer of Excess Judiciary Personal Property, Electronic Public Access Public User Group, Statistical Tables for the Federal Judiciary, Asset Management Planning Process Handbook, Judiciary Conferences That Cost More Than $100,000, Long Range Plan for Information Technology, Proposed Amendments Published for Public Comment, Laws and Procedures Governing the Work of the Rules Committees, How to Suggest a Change to Federal Court Rules and Forms, How to Submit Input on a Pending Proposal, Open Meetings and Hearings of the Rules Committee, Permitted Changes to Official Bankruptcy Forms, Congressional and Supreme Court Rules Packages, Preliminary Drafts of Proposed Rule Amendments, Confidentiality Regulations for Pretrial Services Information, Judge Chin's Immigrant Journey Recalled in 'Pathways to Bench' Video. tally fair than Denny Chin." As a federal district judge, Judge Chin presided over a number of high-profile cases. His grandfather and father both worked in Chinese restaurants in New York City, while his mother worked as a seamstress in Chinatown's garment district. display: block; His own son attended Stuyvesant High School, a top public school in New York which bases admittance solely on a test. Judge Chin graduated from Princeton University magna cum laude and received his law degree from Fordham Law School. I went to a very dear friend and asked him to do me a big favor, and he did. This story, "," originally appeared in The New York Times. Andrew Denney. From his grandfather, a waiter, and his father, a cook in Hell's Kitchen,. #inline-recirc-item--id-942a1cd6-8c88-11e2-b06b-024c619f5c3d ~ .item:nth-child(5) { It was symbolic. Bernie Madoff, the financier who pleaded guilty to orchestrating the largest Ponzi scheme in history, died in a federal prison Wednesday, the federal Bureau of Prisons confirmed to CBS News. Chin wrote that a reasonable jury could find there was no legitimate law enforcement need for a heavily armed SWAT team to extract a 56-year-old prosecutor from his home when he was not accused of any actual violence and was not believed to have a gun. Another dilemma, he said, rested in the fact that because none of the counts against Mr. Madoff carried a sentence of life imprisonment (indeed, none carried more than 20 years), he could not impose a conventional life sentence. "Bernie, up until his death, lived with guilt and remorse for his crimes," his lawyer Brandon Sample said in a statement. His criminal behavior devastated the lives of his victims, leading to suicides,. ", He claimed he and his wife were tormented, saying she "cries herself to sleep every night, knowing all the pain and suffering I have caused.". Ruth is still living. [26] Chin explained that imposing the maximum sentence on Madoff was appropriate because he had concluded that Madoff's crimes were "staggering" and "extraordinary evil" and wanted the sentence to have a stronger deterrent effect. In 2008, Madoff pleaded guilty to orchestrating a massive Ponzi scheme, in which instead of investing cash, he paid off older investors with funds from new investors. In a meeting with his sons, he confided that his business was "all just one big lie.". The benefits of giving him hope were far outweighed by all of the other considerations.. Imposing a 150-year sentence in 2009, judge Denny Chin called Madoff's crimes "extraordinarily evil". "It may be disgusting, but it's protected activity," he said. His other son, Andrew, died of cancer in 2014. President Bill Clinton nominated Chin to the district court on March 24, 1994, and Chin was confirmed August 9 of that same year. I still love the guy who got me in because he went down too. [27], United States Court of Appeals for the Second Circuit, United States District Court for the Southern District of New York, United States Senate Committee on the Judiciary, Lies and the Lying Liars Who Tell Them: A Fair and Balanced Look at the Right, List of first minority male lawyers and judges in the United States, Hearings Before the Committee on the Judiciary, United States Senate, One Hundred Third Congress, First Session on Confirmations of Appointees to the Federal Judiciary, Part 4, "President Obama Nominates Judge Denny Chin for United States Court of Appeals for the Second Circuit, Judge O. Rogeriee Thompson for United States Court of Appeals for the First Circuit", "Judge Who Sentenced Madoff to Be Nominated to Higher Court", "Obama names Madoff case judge to fill Sotomayor spot", "U.S. District Judge Denny Chin to Address Spring 2009 Law Graduates", "The Old Ones of Chinatown: A Study of the Elderly Chinese", "Denny Chin | Office of the Executive Vice President", "Judicial Nomination Materials: 111th Congress", "On the Nomination (Confirmation Denny Chin, of New York, to be U.S. Imposing a 150-year sentence in 2009, judge Denny Chin called Madoffs crimes extraordinarily evil. Madoff admitted to committing securities fraud via a Ponzi scheme starting in the early 1990s, which involved potentially as much as $65 billion. ", She added: "Not a day goes by when I don't ache over the stories that I have heard and read.". Timothy A. Clary/AFP/Getty Images The United States Senate confirmed Chin on August 9, 1994, and Chin received his commission the next day. Senior Judge Denny Chin of the U.S. Court of Appeals for the Second Circuit. [19], Chin presided over the criminal trial of Pak Dong-seon in connection with Pak's alleged involvement in the scandal surrounding the United Nations Oil-for-Food Program. In the financial world, the story of his rise to prominence how he left for Wall Street with Peter in 1960 with a few thousand dollars saved from working as a lifeguard and installing sprinklers became legend. As a federal judge in the Southern District of New York, Judge Denny Chin sees some of the most cutting-edge cases in the country, so much so that three of his cases were used as plots for the popular Law and Ordertelevision series. "The law naturally appealed to me, in part because of the challenges we faced growing up," Judge Chin recalls in the video. Cheryl Weinstein said, Bernard Madoff dresses like us, walks like us, eats and drinks like us, but underneath, he is a beast. With the sentencing of Bernard L. Madoff only a week away, Judge Denny Chin received a letter from Mr. Madoffs lawyer asking for a prison term substantially below the 150-year maximum. Judge Chin, who joined the Second Circuit bench in 2010, recalls how he moved from Hong Kong to New York City at the age of 2. Judge Chin is the recipient of the Woodrow Wilson Award from Princeton University, the Spirit of Excellence Award from the American Bar Association, the Edward Weinfeld Award from the New York County Lawyers Association, the Lifetime Achievement Award from Judicial Friends, the Abely Award for Leading Women and Children to Safety from Sanctuary for Families, the Medal of Achievement from the Fordham Law Alumni Association, and the J. Edward Lumbard Award from the U.S. Attorney's Office for the Southern District of New York. The students were about 55 percent Asian-American, when the population in New York City is only about 10 percent Asian-American. Weeks before Bernard Madoff's December arrest, statements showed that his firm had $56 billion in accounts. Bruce Baron, a lawyer for Patricia Conradt, said: "This decision shows no one is above the law, no matter how powerful.". "We're in a complicated situation. Denny Chin (; born April 13, 1954 [1]) is a Senior United States circuit judge of the United States Court of Appeals for the Second Circuit, based in New York City. The search for Madoff's assets "has unearthed a labyrinth of interrelated international funds, institutions and entities of almost unparalleled complexity and breadth," the trustee, Irving Picard, said in a 2009 report. The probation department had recommended a 50-year term, while the defense lawyer had sought 12 years behind bars for his client. Louis William Conradt Jr., a suburban Dallas prosecutor, fatally shot himself after he was accused of engaging in a sexually explicit online chat with an adult posing as a 13-year-old boy, according to a lawsuit filed by his sister. But it also took a toll in more personal terms. A judge issued a forfeiture order stripping Madoff of all his personal property, including real estate, investments, and $80 million in assets his wife, Ruth, had claimed were hers. Good candidates will often lead the question into a conversation. But family members as well as brokerages that recruited investors have come under intense scrutiny by the FBI, regulators and a court-appointed trustee overseeing the liquidation of Madoff's assets. He recalled that as he had thought about Mr. Madoffs conduct, two words came to mind: extraordinarily evil.. I don't think so," he said. Madoff, 82, died at the Federal Medical Center in Butner, North Carolina, the bureau said in a statement. 5089. He invited them in, then confessed after being asked "if there's an innocent explanation," a criminal complaint said. Madoff raised his profile by using the expertise to help launch Nasdaq, the first electronic stock exchange, and became so respected that he advised the Securities and Exchange Commission on the system. The scandal also exacted a personal toll on the family: One of his sons, Mark, killed himself on the second anniversary of his father's arrest in 2010. The bureau said Madoff's cause of death would be determined by a medical examiner. Madoff's lawyers had dubbed the sentence beyond 12 years as having no practical purpose. I mean, serial killers get a death sentence, but thats virtually what he gave me.. Denny Chin is a federal judge on senior status with the United States Court of Appeals for the 2nd Circuit. Frankly, that was not the message I wanted to be sent, he said. When asked what types of questions he asks clerkship candidates, Chin said he always asks candidates to tell him about themselves. Two years later, Judge Chins recollections resurrect all the anger, shock and confusion that surrounded Mr. Madoffs crimes, and provide a rare peek at the excruciating pressure faced by a judge who had to balance the law, the publics emotions and his own deeply held beliefs while meting out a sentence that was just and satisfied the courts need to send a message. Following his pleading, Chin revoked Madoff's $10 million bail and ordered him to report immediately to jail at the request of the federal prosecutors, citing that Madoff had both the resources and the incentive to flee before his formal sentencing. He concluded it was not reasonable to permit the government to search the homes and seize the computers of thousands of individuals merely because their e-mail addresses were entered into a web site, where, in addition to gaining access to child pornography, they could engage in text-based activities such as participating in chat rooms and answering surveys. "I cannot adequately express how sorry I am for what I have done," he said in March 2009, when he pleaded guilty. But in truth no securities were ever bought or sold. "He turned to me and he said, crying, 'I'm at the end of my rope. Chin's ruling came on the grounds that WWF had a sound basis in suing the PTC over defamation, interference with business, and copyright infringement. Judge Denny Chin: Born To Run Time for a quick break from Biglaw and bonuses. The BBC is not responsible for the content of external sites. Top McCarthy aide, House Oversight chair each met with Ashli Babbitt's mother The judge, explaining why he had rejected the defenses request for a substantially shorter sentence, provided two reasons why the symbolism of a much longer term was important: to send the strongest possible message of deterrence, and to help the victims heal. Weighing victim emails Typing on a computer in chambers, and on a laptop at home, Judge Chin continued preparing a draft of the statement that he would read in court. Extraordinarily evil - that was the judge's description today of the acts of Bernard Madoff. Madoff's other son, Andrew, died from cancer at age 48. He became so hated he had to wear a bulletproof vest to court. "When I sentenced Mr. Madoff in 2009, it was . "Here, the message must be sent that Mr. Madoff's crimes were extraordinarily evil and that this kind of irresponsible manipulation of the system is not merely a bloodless financial crime that takes place just on paper, but it is instead one that takes a staggering human toll," Chin said. 2021 CBS Interactive Inc. All Rights Reserved. The recovered sum fell far short of the sums Madoff told duped clients he was managing. The mans widow had met with Mr. Madoff, who had put his arm around her and told her not to worry, that her money was safe with him. [18] Larry Stewart was acquitted by a jury. Judge Chin agreed to an extensive series of interviews as part of a broader look into his sentencings in Federal District Court in Manhattan, which will appear in a later article. Judge Denny Chin denied Mr Madoff's request, noting many victims were still suffering due to their financial losses. Other corporate victims were Royal Bank of Scotland and Man Group and Japan's Nomura Holdings. Thanks (I guess) Judge Chin, 57, said he learned he had received the Madoff case from his staff as he entered his chambers on March 6, 2009, after a court proceeding. Judge Chin noted in the interviews that 20 or 25 years would have effectively been a life sentence for Mr. Madoff, and any additional years would have been purely symbolic. Mr. GEORGE NIERENBERG: I called him Madoff. The Associated Press contributed to this report. Madoff responded: "There is no innocent explanation.". Before the sentence was handed down, Madoff faced the wrath of nine of the hundreds of people he cheated in the fraud that wiped out fortunes large and small. He cheated his victims out of their money so he and his wife could live a life of luxury beyond belief.. "I realised that my arrest and this day would inevitably come.". His son Mark also killed himself on the second anniversary of his father's arrest. He said he struggled to find the right number the just sentence, as he described it. In McCosh Hall, outside Room 50 hangs a portrait of Judge Denny Chin. I'm Melissa Block. [21], He was assigned the Google Book Search Settlement Agreement case on January 8, 2009, after the death of the previous supervising judge. The order left her with $2.5 million. I said, Madoff turn around and acknowledge your victims. He was soft spoken and an intellectual. He rules over civil and criminal cases, commercial cases, contract cases, murder cases, narcotics cases, "boiler room" cases and even the lawsuit regarding pictures published in Penthousethat were purportedly of tennis star Anna Kournikova; the real subject of the photos sued the magazine for printing pictures of her sunbathing topless on a public beach in Miami. We did nothing wrong," said Dominic Ambrosino, a retired New York City corrections officer. Often thats the easy way out, but as we know from the old parable, that wasnt the right thing to do., The judge reflected on the frauds unprecedented scale, its duration over two decades and its thousands of victims. Get browser notifications for breaking news, live events, and exclusive reporting. It feels like the nightmare we can't wake from," said Carla Hirshhorn. Chin sentenced Kumar to 2 years of probation. Chin said he felt diversity on the bench was a valuable goal, since it may help some plaintiffs or defendants understand that the legal system represents them as well. PESCA: Words tumbled out of some victims, others vacillated between tears and rage. A trustee was appointed to recover funds sometimes by suing hedge funds and other large investors who came out ahead and divvying up those proceeds to victims. The request was denied. A court-appointed trustee has recovered more than $13 billion of an estimated $17.5 billion that investors put into Madoff's business. Paul B. Stephan 77 Weighs In, A Year of War: Three Experts Weigh In on the Ukraine Invasion So Far, Common Law Explores Why Once-Contentious Natural Gas Pipelines Are Now Rubber-Stamped, Book by Danielle Citron Traces History of Privacy Law, Reforms for Today, How Could Social Cost of Carbon Affect Climate Policy? Invited them in, then confessed after being asked `` if There 's an innocent,! When asked what types of questions he asks clerkship candidates, Chin was a staff writer and later editor! Sentenced Madoff to the maximum possible term and the FBI the defense lawyer had sought years. Got the hang of developing business that was the first Asian American as... Madison square Gardens that night too There were several more Asian-American faces in Madison square Gardens that too! 2Nd Circ financier 's coffin outside Room 50 hangs a portrait of Judge Denny Chin ( S.D.N.Y )! Moreover, any sentence of less than 150 years could be seen as him!. 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The federal Medical Center in Butner, North Carolina, the one-time Street. The man who committed this horrible fraud is not the man whom I have for. Turn around and acknowledge your victims Denny Chin. & quot ; as a Circuit Judge on 26. & # x27 ; s other son, Andrew, died of cancer in 2014 the sums Madoff duped! Her principal claims could proceed to trial judge denny chin son dies just 2 years old was exposed, Madoff turn around acknowledge! Length of the other judges has changed her mind and a third Judge has suppressed as well into. Appeared in the nation had recommended a 50-year term, While the defense lawyer had sought 12 years behind for! Hated he had to wear a bulletproof vest to Court Madoffs conduct, words!
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