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...federal courtroom erupted in shrieks and loud applause as Judge Denny Chin sentenced disgraced financier Bernard Madoff to 150 years in prison on Monday. In his decision, the judge dismissed Madoff's lawyer's plea for a lighter sentence of 12 years and disputed suggestions that the victims in the fraud were seeking mob vengeance. "The fraud here was staggering" and losses from the scam "off the chart," he said, justifying a sentence that sends a message...

Author: /time Magazine | Title: The Penalty for 'Extraordinary Evil': Madoff Gets 150 Years | 6/29/2009 | See Source »

...Madoff's lawyer, Ira Sorkin, had asked for only a 12-year sentence for his client, noting that Madoff's advanced age meant he has a life expectancy of only another 13 years. "A prison term of 12 years - just short of an effective life sentence - will sufficiently address the goals of deterrence, protecting the public and promoting respect for the law," wrote Sorkin in a letter to the judge last week. He said his client was seeking "neither mercy nor sympathy" and recognized the "anger and resentment" in the victims' impact statements, but felt they were looking...

Author: /time Magazine | Title: The Penalty for 'Extraordinary Evil': Madoff Gets 150 Years | 6/29/2009 | See Source »

...Judge Chin did not direct Madoff to a particular prison, though it is possible that he will be sent to a maximum-security facility like the federal prison in Marion, Ill. Though Madoff, at 71, is not a dangerous felon, his risk of flight is high, given his effective life sentence. A harsh maximum-security facility may also be an indirect way to pressure Madoff to cooperate and earn his way to a more lax prison...

Author: /time Magazine | Title: The Penalty for 'Extraordinary Evil': Madoff Gets 150 Years | 6/29/2009 | See Source »

...slob and took strange men back to the house? Did she, as Italian prosecutors allege, cut Kercher's throat after she refused to take part in group sex with Knox; Knox's boyfriend at the time, Raffaele Sollecito; and Rudy Guede, an Ivoirian now serving a 30-year prison sentence for the murder? Or was Knox, as friends and family in Seattle insist, a hardworking honors student railroaded by incompetent and overzealous police work? Testifying on June 12 for the first time, Knox fought back in her own words, claiming that she had been bullied into making a false confession...

Author: /time Magazine | Title: Spotlight: Amanda Knox | 6/29/2009 | See Source »

...Novaya Gazeta, the newspaper for which Politkovskaya worked, speaking to Ekho Moskvy, an independent radio station. "It's obvious that today's ruling was based on a political decision - not on a procedural one. For the authorities, the most important thing was simply to make sure someone goes to prison...

Author: /time Magazine | Title: A Russian Reporter's Murder: Will a Retrial Bring Justice? | 6/26/2009 | See Source »

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