Madoff should have asked for protective custodyInstead he asked for bail
The judge sent him home in bracelets
When he should have sent him to jail
Madoff admits stealing $50 billion with no remorse over 30 years
Investors and foundations lost millions and are raining tears
A thousand questions cannot be answered
How could this scandal go on so long?
Undetected by the regulators and investors around the world
Who didn't think always winning meant something was wrong
They turned a blind eye while they were charmed by a smile
From a friendly man with a key to the city and connections that could beguile
The Securities and Exchange commission did not do its job
Incompetence in the highest office for three decades
Giving the swindler Bernie Madoff a license to rob
And pretend he was a genius trader when few were ever made



