Why Isn’t Bernie Madoff in Jail?

From Andrew Ross Sorkin:

Welcome to the two-tiered system of justice: one for the super-rich, the other for the rest of us.

Judge Ellis’s explanation is not very satisfying. He says that to be remanded to jail, a defendant must pose a flight risk or be at risk of obstructing justice.

The guys shipped millions in jewels and watches to his kids and his wife is paying for his security and monitoring with ripped off money. You’re telling me this guy isn’t a risk of obstructing justice?


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