Madoff in Dreamland
Ira Sorkin, Bernie Madoff's lawyer, has asked a federal judge to sentence the admitted fraudster to as little as 12 years in prison and no more than 20: "Sorkin said that a 12-year sentence would be appropriate because Madoff's life expectancy is now 13 years. As an alternative, he said that a 15-to-20 year term would 'effectively achieve' the goals of sentencing 'without disproportionately punishing Mr. Madoff.'" And we wouldn't want to do that, clearly. [Bloomberg]