Today, a judge allowed former hedge fund manager Bernard Madoff to remain free on bail after prosecutors attempted to argue he violated the conditions of his bail by mailing more than $1 million of jewelry to family and friends during the holidays.
Simply amazing. Steal several billion dollars and you're not considered a flight risk or a threat to the general public? Post bail and you can live in the comfort of your own multi-million dollar penthouse in NYC while you await your day in court.
For more detailed information, here is the transcript from the judge's bail hearing.