Madoff investigators face challenges
Comments
1. What's the incentive for him to cooperate??, Certainly not to avoid bail being revoked, as there's no legal precedent for revoking bail, other than a compelling argument that he poses a flight risk. His plane is in the shop, and he isn't going to fly commercial. 2. He's not going to be sentenced to jail for at least a year. Add another 3-4 months before he actually has to surrender himself. Based on federal guidelines, and notwithstanding that Judges can veer from the guidelines, the anticipated sentence is going to be at least 10 years. Unless he's going to point fingers at multiple co-conspirators, any reduction in sentence based on 'cooperation' is going to shave off no more than 12 months, if that. No judge, even if the venue were moved to Iowa, where nobody was victimized, is going to impose a sentence of less than 10 years.
3. So why would he cooperate? Its not like he's going to point anyone to where he's got a stash of gold bars or a crate full of diamonds that he might have accumulated over the years.




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