Breaking news from Lower Manhattan! AP reports that Bernie is gonna be in prison for a LONG time!

Convicted swindler Bernard Madoff was sentenced to 150 years in prison Monday for fraud so extensive that the judge said he needed to send a symbolic message to those who might imitate his fraud and to victims who need relief.

Applause broke out in the crowded Manhattan courtroom after U.S. District Judge Denny Chin issued the maximum sentence to the 71-year-old defendant, who said he sought no forgiveness and knew he must live “with this pain, this torment, for the rest of my life.”

Though everything that Madoff ever owned is now in the process of being sold off, his biznatch wife Ruth still gets to keep $2.5 million dollars! AND the rest of his family is getting off scot-free! Lame. Obviously Bernie is taking the heat for everybody even though they were all in on the sham!