CBS Evening News - 2009-06-29
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Read a transcript preview of “CBS Evening News - 2009-06-29” from malgent, uploaded on 2025-06-24.
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Language: English (original, YouTube automatic captions)
[0:00] [Music]
[0:02] Tonight, he's going to prison for the
[0:05] rest of his life. The judge sentences
[0:07] Bernard Maid off to 150 years for
[0:10] ripping off investors in the biggest
[0:12] Wall Street fraud ever. I think justice
[0:15] was done today for Mr. Maidoff. I'm
[0:18] Katie Kurrick. Also tonight, what
[0:19] happens to Michael Jackson's children
[0:21] and fortune? Jackson's mother wins at
[0:24] least temporary guardianship and asks to
[0:27] be named administrator of his estate.
[0:30] The Supreme Court rules in favor of
[0:32] white firefighters in New Haven in a
[0:35] major reverse discrimination case and a
[0:39] prescription for a broken heart using a
[0:41] heart's own stem cells to heal itself.
[0:49] This is the CBS Evening News with Katie
[0:52] Kurig.
[0:55] And good evening everyone. It's the
[0:57] biggest return Bernard Maid off ever got
[1:00] on an investment. For all the years he
[1:02] invested in his giant Ponzi scheme, he's
[1:04] drawn the maximum sentence. Here in New
[1:07] York today, a federal judge ordered Maid
[1:09] Off to prison for a century and a half.
[1:11] And with no parole in the federal
[1:13] system, that is a life sentence for the
[1:15] man behind the $65 billion fraud, the
[1:19] biggest in Wall Street history. Army
[1:21] Kate begins our coverage of the sentence
[1:24] and the reaction.
[1:26] Dressed in a dark gray suit, a pale,
[1:28] visibly thinner maid off sat silent in a
[1:30] packed courtroom as nine of his victims
[1:32] unleashed their anger. One called him a
[1:35] beast, another a psychopath, another
[1:38] stating, "I only hope this prison
[1:40] sentence is long enough that his jail
[1:42] cell becomes his coffin." Then it was
[1:44] time for the 71-year-old disgraced
[1:46] financeier to s