The judge in the Madoff trial rejected the application for bail and ordered Madoff straight to jail.
Good.
The only drawback is that Madoff hasn't come clean, yet, and I'm with the investor who says that Madoff isn't sincere and the apology offered in court is garbage. I'm pretty sure that Madoff is only sorry he got caught with his hand in the billion-dollar cookie jar.\
I think the prosecution needs to a) confiscate his $7-million penthouse and b) scare the crap out of his wife because she's probably sitting on some of the ill-gotten gains. Those billions of dollars can't have just 'poofed' into thin air; there has to be a trail.
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