UPDATE: IT'S DIRECTLY TO TO JAIL, UNABLE TO PASS GO-HOME. BERNIE TRADES (PUN INTENDED) PENTHOUSE FOR 8x7 PRISON CELL.
BYE BYE, BERNIE!
As the bell sounded on Wall Street, the sounds of heliCOPters whirring above New York's Center Street courthouse was deafening. It's reckoning day for the infamous lion of ponzi schemes, Bernie Madoff.
In front of his prosecutors this morning, Bernie plead "guilty" to all 11 criminal counts, which range from money-laundering and mail fraud to perjury. Procedural issues follow before the judge pronounces sentence, up to 150 years jail time as the gavel falls. That's more than 75 years per $65 billion fraud, if you do the math.
Well, he's always looked good in a pinstripe suit.
Bernie faces-off face-to-face this afternoon with the financial victims of his cowardly gray-haired mane. Business colleagues, not-for-profits, close friends and relatives. Oh my! All are now six degrees closer to Kevin Bacon, who along with wife Kyra Sedgewick are life-savings casualties of his ponze.
Right now his attorneys are arguing he stay pent-up in his luxury penthouse, at least for now. Way I see it, it's a weak end at Bernie's.
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