13 of 21
BACKNEXT
Free Bernie!
Free Bernie!
Let the punishment fit the crime? Not if you're Ira Lee Sorkin, attorney for Ponzi swindler Bernie Madoff.

When a client is convicted, a defense attorney's top job is to lowball the judge on sentencing. So what did Sorkin request for Madoff, mastermind of the nation's biggest pyramid scheme that bilked investors out of $20 billion?

12 years.

Sorkin argued that his request amounted to a near-life sentence for his 71-year-old client, and would "sufficiently address the goals of deterrence, protecting the public and promoting respect for the law."

The judge disagreed and gave Madoff the maximum sentence of 150 years.

By Tom Ziegler, CNNMoney.com producer

NEXT: Ken Lewis leaves BofA hanging

Last updated December 31 2009: 1:41 PM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
More Galleries
China: A nation on the move China is making big investments in roads, railways, and other infrastructure. More
Meet the new Microsoft Xbox Microsoft is making a bid to own the living room with its new entertainment device. More
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2013 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2013 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2013. All rights reserved. Most stock quote data provided by BATS.