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Madoff sentenced to 150 yrs imprisonment

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    • Reuters Tags : Bernard Madoff, investment scam, penalty Posted: Tuesday , Jun 30, 2009 at 0928 hrs
    Madoff
    The former nonexecutive chairman of Nasdaq stock market has been jailed in a Manhattan cell.

    Madoff, who has been accused of bilking investors worldwide out of as much as $65 billion, said, "In my business, when you make a trading error, you're expected to make a trading error, it's accepted. My error was much more serious. I made an error of judgment."

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