Judge Sentences Madoff to 150 Years, But Will Regulatory System That Allowed Massive Financial Fraud Really Change?
Bernard Madoff, the convicted mastermind behind one of the biggest financial frauds in U.S. history, was ordered Monday to serve 150 years in prison, the maximum sentence allowed. Madoff pleaded guilty in March to running a massive Ponzi scheme that defrauded investors of some $50 billion dollars. Federal District Judge Denny Chin said it was important that the severity of the sentence serve as a deterrent to future offenders. We speak with financial journalist, Bethany McLean of Vanity Fair.
Michael Jackson 1958 - 2009: The Life and Legacy of the King of Pop
Fans around the world are still mourning the passing of Michael Jackson, the “King of Pop.” Jackson catapulted to fame on the Motown records label as the youngest member of the Jackson Five but soon embarked on a solo career that made him the biggest star in the country and one of the most globally recognized entertainers. Michael Jackson’s immensely popular music, dance moves, and videos were known and loved across the world but in the last decade of his life, it was his multiple plastic surgeries and allegations of child molestation that dominated media attention. We take a look at the life and legacy of the pop icon with Pulitzer prize-winning writer, Margo Jefferson, author of “On Michael Jackson” and Duke University professor, Mark Anthony Neal.
US Pullback Leaves Iraq in Formal Control of Urban Areas
4 US Soldiers Killed; Ambassador Vows US Military Action “for Months to Come”
Foreign Companies Bid on Iraqi Oil Deals
Zelaya Vows Return to Honduras as Crowds Protest Coup
Obama Condemns Honduran Coup, But Won’t Suspend Aid
Iran Guardian Council Certifies Elections
Ahead of US Meeting, Israel Annexes New West Bank Land, Announces New Settlement Construction
Israel Threatens Free Gaza Aid Ship in International Waters
Obama Vows Action on Gay Issues
Texas Police Accused of Anti-Gay Raid on Stonewall Anniversary
Madoff Given 150-Year Sentence
Supreme Court Restricts Diversity Efforts in Hiring
Anti-Torture Activists Seek Disbarment of CIA Lawyers