According to Times Online, the federal investigators believe Madoff would not have been able to pull off a fraud of such magnitude without significant international assistance.

The 70-year-old financier, the former chairman of the Nasdaq stock market, is currently under house arrest in his $7 million New York City apartment.

TN;

I hope you have an old report there. From what I know, he is in prison.

http://www.nypost.com/p/news/national/bernie_dying_in_jail_NFu2YUqScCparaY6V56L4K

A bit more info on this chump.
http://en.wikipedia.org/wiki/Bernard_Madoff

Yes, you're right. It's from December. My bad.

Now that you mention it, i DO remember hearing about the 150 year sentence, I just forgot. Out of sight, out of mind, I guess. Sorry about that. Still, I didn't know they were gonna try the insanity defense. I suppose lawyers have to do whatever it takes.

Thanks so much for the update, cptnaud.

You have to admit, though that he did steal like crazy.

Once he started, maybe it all grew too big for him to get out of again. Imagine the strain it must have been to live all those years with such a secret, wondering when and if the whole scheme would come crashing down around him... which it eventually did.

And he was a trustee of some charities. Makes you wonder if giving to the poor is really giving to the rich.