ABC News Perspective
ABC News Perspective - Jul. 4 2009, 7:00pm-7:20pm
Sat, 4 Jul 2009
A review of the world's news of the week
Automatically Generated Transcript (may not be 100% accurate)
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" On -- Mike Boettcher Colin Powell says Michael Jackson had controversy in his life but in death his art should be celebrated. You're listening to ABC news newstalk AM 580. Access to 300."
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" Good evening at 70 or -- newstalk AM 580 WDBO. Let's go airborne lives in the WDBO 24 hour traffic network ended Nikki Pierce."
" I can't relate you know right now so far so good up the road that looks like people are already gathered around the place back then traffic problems to report. We do have alleged notes that. -- avenue is closed between -- look for pilots at the fountain. -- that then is that the third debate gauntlet and Sutherland. He was -- It's the big church and Robbins said. At the -- between Washington and -- compensation with traffic every six for the the fanatic and I think it years."
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" Brian."
" Unique pain when that was lost their lives and because he just lost -- seen her in. You didn't announce for the world that you need. American justice Bernie Madoff is sentenced to 150 years behind bars and carry on the ride for decades and decades. Ruin somebody's eyes then turn around and say oh I'm sorry your brain so. The end of -- all ahead on first. But first."
" It was a horrible flaws this week in New York City courtroom is Bernard Madoff was sentenced to the maximum 150 years in prison. -- financiers who scammed his victims out of billions of dollars took a brief moment to apologize."
" But it was too little too late ABC's chief investigative correspondent Brian Ross reports on the Mott is a -- made off."
" It was a remarkable fall from well. Bernie and Ruth Madoff lived in luxurious -- Seven million dollar New York penthouse apartment. It was decorated in the old money style they cultivated with money that was very new and very still. Bernie and Ruthie said their own walk in closets their own dense he has little hug and -- paneling and nautical art all paid for with money he stole from clients. Apparently thinking it would never end."
" Is -- he slept at night. He enjoyed himself I never could pitching hand is warming to her. Innocent people. But clearly he didn't think clearly he -- is doing."
" A French banker Terry did as Alicia de slashed his wrists after his clients lost almost a billion and a half dollars the made off."
" Then a highly decorated retired British army officer William Foster shot himself. After telling his son he lost his life savings to make -- He risked his life time and time and time again in the service this country. I learned about money was his only connection pays retirements. But Madoff was unmoved since showed not remorse but contempt for the weakness of the that the and he did not seem like the most control. Person -- of America that didn't seem that he was ashamed of what he had done. You -- don't things. Former new York city police department detective that because Al spent the day after day -- this spring is hired to accompany him to court and garden in minutes apart. He saw little emotion and made about anything that even the deaths reminding yourself of a serial killer somebody would stepped back. From his install anti social personalities. Are control freaks -- off is a classic anti social personality."
" According to former FBI crime profiler Brad Garrett now ABC news consultant in have no conscience."
" You have no guilt you have no sea lanes about what you're doing that people you think you are entitled to what you're getting."
" They don't pay the price for all that at the federal courthouse in New York. For his victims lined up to see him sentenced. Call him a psychopath and a."
" Common thing. Sir you know how -- you how could you can't get -- yourself Madoff stands to get this is the end of Bernie Madoff."
" Inside the association's continues. With -- staring into space nine of -- former investors told the judge their stories -- some breaking down in tears as they read letters they had submitted early."
" I had to sell my home of 25 years. I had to sell my car the emotional toll that this has taken on -- has been devastating. We lost our entire life savings. He feels like a nightmare we can't wake up from."
" When it was his turn to speak Madoff offered no excuses and said I do not ask for forgiveness. Turning to face his victim's Madoff said I'm sorry I know that doesn't help."
" I wanted the it is time at various I'm really not that high did you make any -- Carry on the prize for decades and decades. Ruined so many lives and in turn around and say oh I'm sorry it's. Ring so hollow."
" Judge Denny Chin was also unimpressed he said -- crimes were extraordinarily. Evil. And -- in refer directly to Madoff victim and Norma hill who brought him a letter about her experience."
" It's 21 years ago my -- invested with Bernard made. Two years later he died of heart attack."
" Exactly that -- isn't mister Madoff was -- I was not financially savvy person I was a widow with five children. He is shortening at that time that my savings would be safe and -- and I would be able to educate my children studies tell you. He put his arm around my shoulder and he started and everything will be fine."
" Just chin said made office breach of trust closed massive. And to applause and cheers the judge sentenced -- to the maximum 150 years."
" Being violated trust. In the water -- and -- and -- loyalty. -- though it could stay at the finest hotel have fly around on his private jets. -- truly deserves is truly earned the reputation. For being the most disliked American tonight."
" Until last December -- of one of the most important and respected figures on Wall Street. He ran a high tech completely legitimate trading operation on one Florida's office but two floors below on the seventeenth floor and inner circle of employees operated secretly."
" Producing impress but bogus monthly statements that fool clients into thinking they were doing well -- blue chip stocks when in fact they are being robbed they had no stocks at all."
" True at all -- has been the loyal wife he has been beautifully visiting him in prison even though her own sons have cut her off. Many close friends and her own sister were victims of Madoff fraud."
" But another woman who loved Bernie Madoff is talking. Ellen -- Scolari spent virtually every workday morning for the last twenty years crossing New York Harbor on the Staten Island ferry to Manhattan. But she was made -- loyal secretary. Used by then she says as proof everything was legitimate."
" I feel that plot of the setup was listen Bernie was able to say. And he loves to say that the illness and a secretary you know for twenty years including this a great guy and -- that person -- man you loved it."
" I did I did. I still have feelings to him because I haven't reconciled the fact that it was just horrible site to him."
" It was the day after Madoff was arrested when she says she realized her boss had lied to her. He called back twenty minutes later in his penthouse apartment and Dolores says she soon realized he wasn't sorry he wasn't apologizing the he was still."
" On the phone can only -- one witness. -- and I still listen. Protective motorist who was trying to protect him from room. And I started to realize. That this is what he can't menu to report for so many years to -- a horrible person. Mercenary -- It was sickening I think anybody who was knowingly involved needs to got a --"
" I think everybody here knows that he did not pull -- off by himself."
" I have great faith in the United States attorney's office. At -- the FD -- light. It's more important that they build airtight cases. And they act precipitously. And I would be shot at by the end of this calendar year there are additional arrests."
" Today's Madoff has refused to tell the guys who helped. Investigators are focusing on his so called inner circle. Among them two key employees a net -- journal and -- skelley. Who ran the seventeenth floor ever paid multimillion dollar salaries. -- accountant David freely. Already facing criminal charges they lost brother Peter who was the firm's chief compliance officer. It also niece -- the firm's compliance lawyer made us two sons Andrew and mark. Who were directors of the company but maintain they did not know their father was a crook and made -- his wife of almost fifty years who helped keep the firm's books for decades and stay loyal to her criminal husband. Ruth Madoff brokerage silence with a statement saying she was stunned and they'll be trade embarrassed and ashamed by her husband's crimes."
" The man who committed this horrible -- she said is not the man whom I have known for all these years. Even the length of the sentence don't will likely spend the rest of us live and die and harsh maximum security facility. But something you're quite welcome former FBI crime profiler Brad Garrett now an ABC news consultant."
" Into social personalities because they are so narcissistic and self centered. Rarely kill themselves because it's like. There's nothing wrong with me even the faces that -- that in -- serious national security prison where it depend for an away environment he treats and there. But the prisons are full of antisocial personalities who thrived in prison you know -- The king investor now where inmates are coming to him he quite possibly need be highly thought. In a prison environments he can be. -- the court again but in jail environment."
" Reporting for prospective I'm Brian Ross ABC news and."
" Coming up -- didn't want their freedom. Ronnie and stand up to their government even in the face of death on the test -- activists."
" This didn't need 233. Years ago we proclaimed our independence and democracy was born. Each year -- to celebrate our freedom by gathering with family and friends for -- tell us. Here's the beach -- just sitting -- back on the patio with a murder and one handed your favorite beverage in the other. We saw -- I mean EW DBO listen to a safe fourth of July holiday this community and state. Our sincere thanks and appreciation to -- newstalk AME DW DBO."
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" Net 718 hearing newstalk AM 580 WDD. -- let's go airborne lied to the WDBO 24 hour traffic networks and Nikki Pierce."
" That I had I had dated flying over lake US government is cutting -- that's right around like he -- as the Pittsburgh market faded. He looked like itself its growth in that area and -- the other that immediately ordered the late. This happens again -- build -- this field marketability of the park not Washington baby out of luck I don't see that there. -- Positive vision that they have reaped the benefit of more excited to be here."
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