"Why doesn't Bloomberg make any statements against Madoff and the coverups as he did against Giants Plaxico?" Why? probably because Plaxico ain't Jewish. That's why.

Why doesn't Bloomberg make any statements against Madoff and the coverups as he did against Giants Plaxico? sickening. It is really a conspiracy which includes the media. People need to do more critical thinking and start by disregarding both the New YOrk Post and the New York Daily News. Read BBC and other media outlets. SEC is already planning to pay out $500,000 to each individual claim for the Madoff scandals. Again, we are bailing the rich out. Trickle down economics.

Or, as noted elsewhere (ATL), "It's pretty hard to convince a judge that a 70 year old man whose apartment is guarded by a phalanx of news reporters that jail is the only way to 'protect the community.'"

http://abovethelaw.com/2009/01/breaking_bernie_madoff_still_f.php

The federal system, unlike the state courts, has a very strong presumption of pre-conviction release. In other words, you are innocent until proven guilty, and shouldn't be locked up until you're convicted.

As a result, almost everyone is released before trial, except: people charged with certain crimes (violence / drugs); people who are a (violent) danger to the community; and people who are a serious flight risk.

The first two clearly don't apply. The Judge's decision explains that the risk of the third -- flight -- is taken care of by the very significant bail conditions.

This is a pretty typical bail decision -- happens every day in that court. And it's a fine thing (IMHO) when people are not imprisoned before being convicted of a crime. [For a counter-example, see Guantanamo Bay.]

Regardless of all this Madoff should be locked up because every penny he's paying to stay out of jail is stolen money. The $10 million he put up for bail was stolen money. The security he has to pay for as a condition of house arrest is being paid for with stolen money. The damned five-figured monthly maintenance bill for the penthouse he's confined to is paid with stolen money. That's all funds that should be going back to the people he stole from.

dam shame

So he and his lawyers allege that he didn't realize that what he was doing was a violation of the terms of his bail. That may well be the case, but if he doesn't understand the terms of his bail, he shouldn't be out on bail.

Unbelievable. Clear evidence that the justice system here isn't single-tiered.

What possible justification could he have had for this decision?

Of course, I'm also unable to answer what possible justification there is for Madoff's continued existence...

Seriously? Must off been paid off. Ellis. YOU SUCK

"Must off been paid off"

That's how you become a judge in the first place,

Time to get rid of Federal Magistrate Ronald Ellis.

Such a bone-headed decision by the judge.