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How Bernie's Lawyer Came Up With The Idea To Pitch A 12-Year Sentence

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1. He came clean all by himself
2. He's been a good boy
3. He didn't kill anyone, per se
4. He's going to be dead in 13. 12 would practically be putting him away for life.

Affording due consideration to Mr. Madoff's voluntary surrender, full acceptance of his responsibility, meaningful cooperation efforts, and in light of the non-violent nature of his offense, Mr. Madoff should be sentenced to a term just short of effective life imprisonment. Mr. Madoff is 71 years old and has an approximate life expectancy of 13 years. A prison term of 12 years--just short of an effective life sentence -- will sufficiently address the goals of deterrence, and promoting respect for the law without being "greater than necessary" to achieve them.

Bernie Madoff's Lawyers Would Like Him to Celebrate His Last Birthday Out of Prison [Daily Intel]


Former Bear Stearns Chairman Ace Greenberg Came Up With The Idea For The New Yorker Pickpocket Profile, Holds Monthly "Gatherings" For The World's Foremost Magicians

Perhaps, some of you thought, that as he pushes 90, former Bear Stearns Chairman and CEO Alan "Ace" Greenberg would slow down a bit, as people his age tend to do. Retiring from his job at JPMorgan seemed unlikely-- he's only 85, after all-- but maybe he'd dial back his time on the magic circuit. Perform old tricks for colleagues, strangers, and friends, rather than new. Just generally not stay up to date on the latest trends in magicianry. Luckily, these baseless assumptions could not be further from the truth. In fact, Ace is sharper than ever, routinely humiliating those half (and even one-sixth) his age while teaching them the ropes in an alley behind JPM HQ. How does he do it? By keeping himself engaged with the upper echelons of the magic community, for whom he hosts a regular salon d'enchantment each month.