Government Tries Again to Jail Madoff

Rebuffed Monday by a federal magistrate in their effort to place him behind bars, the prosecutors in the Bernard Madoff investor fraud case reinvigorated their effort to place the alleged perpetrator of a $50 billion Ponzi scheme behind bars until such time as he is prosecuted or a deal is reached in lieu of prosecution. Madoff may appear in court at tomorrow's bail appeal hearing, but neither the prosecution or the defense could immediately confirm. A 49-page "letter brief" submitted to...Full Story