Yes look out one of this country’s midget Madoffs is about to get sprung! See my 2009 post about psychogreedbeast (go to ‘Assets’) Marc Dreier, who served sixteen of the twenty years he got for stealing hundreds of millions of dollars from I guess the same cohort that thought investing in Bernie M. would be a good idea. He’s featured prominently among the clemencied in this roundup:
Several white collar offenders are among those receiving clemency, including notorious BigLaw Ponzi schemer Marc Dreier, formerly of Dreier LLP, who in 2009 was sentenced to 20 years in prison for selling forged promissory notes and stealing from clients, in a scheme that cost investors and clients $400 million.
As the judge in his case pointed out, he got caught before he was able to steal Madoffian billions, so couldn’t be sentenced to 150 years like Bernie; but I’m not sure freeing him short of his full sentence was a good look, especially because the old guy no doubt has even at this late date much more larceny in him. Lock up your money.