Bernie Madoff doesn't think he deserved 150 years in prison for his crime. Denny Chin, the presiding judge, did. But he did consider a 20 year sentence too, he's revealed to the New York Times.
After Madoff's lawyers urged Chin to hand down a prison sentence far less than the 150-year maximum, so he could at least live one year before his death outside a cell, Chin admits he did think about a 20-25 year term.
However, according to the New York Times, Chin decided that that "would have been just way too low. In the end, I just thought he didn’t deserve it. The benefits of giving him hope were far outweighed by all of the other considerations."
The Times (with extra quotes at Dealbook) spoke to Madoff about Chin's decision, and the Ponzi schemer thinks that Chin succumbed to the "mob psychology of the time" and made him "the human piñata of Wall Street":
Read more: http://www.businessinsider.com/judge-chin-explains-sentence-bernie-madoff-150-years-2011-6#ixzz1QdjNW1as
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