Day of reckoning comes for Bernard Madoff

Disgraced financier Bernard Madoff is due back in court to hear his punishment for running a massive Ponzi scheme. Madoff's lawyer has asked a judge to give his 71-year-old client 12 years behind bars. Prosecutors plan to seek a 150-year prison term. Ten victims have sought permission to speak at Madoff's... [read full story]                    

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