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View Diary: Good thing Madoff didn't smoke the money he stole (108 comments)

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  •  I say strip the family of everything (0+ / 0-)

    the only deterrent that will truly work is if white collar wall street thieves see their families struggling to survive on social security and $20,000 in the bank. I want Bernie Madoff's sons to be tried as accessories and have all their assets seized.  I want them to sweat the daily grind in a two bedroom on Long Island and send their kids to state schools. It's not so hard to sit behind bars while your wife and kids are comfortable and secure on your ill gotten gains. These high finance types squirrel away plenty of money in Switzerland and put assets into bogus trusts and have made sure that their families will not suffer.  Make the families suffer and they will think twice before breaking the law.

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