Sunday, December 28, 2008

Madoff Insane?

The Madoff Mess has moved to the gossip columns. The NY Daily News has a gossip column that "reports" that Madoff may try a sanity defense, some sort of mental break that caused him to do what he did.

Keep the source in mind, but that defense is not very likely to work. Insanity defenses in financial fraud cases are rare. In fact, I can't even think of one. Any thoughts?
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