Bernard Madoff Sentenced to 150 Years

Bernard Madoff, the man who pulled off the largest private Ponzi scheme in history, has been sentence to 150 years in prison. Given his age, even a 30 year term would have likely been the equivalent of a life sentence. 150 years may be seen as excessivexzc and reduced, but he will likely spend the rest of his life in jail.

More at http://money.cnn.com/2009/06/29/news/economy/madoff_prison_sentence.