Bernard Madoff pleaded guilty Thursday to 11 felonies as part of the biggest Ponzi scheme in history and was led off to prison for what may be the rest of his life. Madoff recited the details of his crimes but attempted to keep separate the legitimate side of his company from the illegitimate side and protect those nearest to him. Speculation was rampant that Madoff's guilty plea was pursuant to an agreement with the government, but Acting U.S. Attorney Lev Dassin said there is "no agreement whatsoever."
Madoff Led Off to Jail After Guilty Plea
New York Law Journal
March 13, 2009