Posted on 03/03/2009 4:24:31 PM PST by NormsRevenge
NEW YORK – Bernard Madoff has agreed to give up the rights to his disgraced investment business and his company's prized artwork and entertainment tickets as he faces another appearance in a federal courtroom Wednesday.
Prosecutors requested the hearing Tuesday so Madoff can appear in court with his lawyer, Ira Sorkin, because they believe the attorney may have conflicts of interest in the case. Sorkin also represents Madoff's wife and several others in relation to the Madoff case.
The attorney said there is no conflict of interest and the issue can be completely resolved if Madoff tells the judge Wednesday that he has no problem with Sorkin representing him.
Madoff has been under house arrest at his Manhattan penthouse as the government investigates how he carried out a fraud he estimated at about $50 billion. His court appearances in the weeks after his arrest generated huge attention amid an uproar over his release on bail.
(Excerpt) Read more at news.yahoo.com ...
I hear that the old stooge is a very good liar and way ahead of the prosecutors. He should be in the can, but some big dogs won’t let it happen.
He AGREED to? The bum belongs behind bars on a diet of stale bread and tap water for the rest of his corrupt life and the court is negotiating with him?
Off with his head!
Yours sincerely,
Red
Ok why haven’t they taken everything this slime-ball has?
Is he still under penthouse arrest?
(Credit Michael Savage for that clever phrase)
I think Madoff is being groomed for a new cabinet position in the Obama admin, after all the guy is intelligent (cunningly so), has no scruples and is a sociopath with narcissistic tendencies - a perfect fit!
Billions of dollars lost People wiped out , and they are going to take Madoff’s theater tickets.
Give me a friggin break.
There is no justice unless Madoff and his wife end up living over a heating grate.
Agrees to...HE should be in jail!!! The US court system is a joke.
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