Thursday, March 12, 2009
Readers may be interested in seeing a copy of Bernard Madoff's guilty plea allocution he made in federal court, here. It is 6 pages long and made before Judge Denny Chin, who interestingly enough was a plaintiff's side employment lawyer before he was appointed to the federal bench. Madoff states in part:
As I engaged in my fraud, I knew what I was doing was wrong, indeed criminal. When I began the Ponzi scheme, I believed it would end shortly and I would be able to extricate myself and my clients from the scheme.
Mitchell H. Rubinstein