Madoff ... 150 years!

Holy cow ... this guy received quite the punishment. As Planet Money reports, Madoff's sentence was 1 day for every $1.2 million worth of fraud. The map you see is of his "disruption zone" (wsj.com). Those New Yorkers must be celebrating.

How this guy got away with this is amazing. Especially when a "Ponzi Scheme" was named after the guy (Charles Ponzi) who had done the same thing 90 years ago. Apparently it didn't take that long to forget.