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Friday, March 13, 2009

Madoff Goes to Jail After Guilty Pleas to All Charges

When Bernard L. Madoff entered a federal courtroom in Manhattan on Thursday to admit that he had run a vast Ponzi scheme that robbed thousands of investors of their life savings, he was as elegantly dressed as ever. But, preparing for jail, he wore no wedding ring — only the shadowy imprint remained of one he has worn for nearly 50 years.

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