Thursday, March 12, 2009

Madoff in jail!






NEW YORK (AP) -- Bernard Madoff has pleaded guilty to charges that he carried out an epic fraud that robbed investors worldwide of billions of dollars. Thursday's plea means Madoff could be sentenced to 150 years in prison. It comes three months after he admitted that his once-revered investment fund was all a big lie -- a Ponzi scheme in the billions of dollars.The scam quickly turned the 70-year-old Madoff into one of the most vilified men in the world as thousands of investors came forward to say they were defrauded.

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I have been a resident of Coldstream since 1976. I have had 15 years of experience on Council, 3 years as Mayor. As a current Councillor I am working to achieve fair water and sewer rates and to ensure that taxpayers get fair treatment. The current direction regarding water supply is unsustainable and I am doing all I can to get the most cost effective water supply possible.