GuiananZone

Today Bernard Madoff, a disgraced financier and leader of a gigantic ponzi scheme that stole money from people around the globe and from all walks of life, was sentenced to 150 years in prison. When the sentencing came applause erupted in the courtroom and on the steps outside the courthouse.

Judge Denny Chin said Madoff's ponzi scheme was an "extraordinary evil" — "not a bloodless crime," as the defense was trying to suggest. He added that Madoff had not cooperated with helping the authorities locate missing assets. "[Madoff] has not been helpful and not done all that he could or told all that he knows."