Bernie Madoff and the Wall Street double standard

Yesterday, Bernie Madoff was sentenced to 150 years behind bars for his Ponzi scheme that cost some of his clients their life savings. It's good to see that Madoff is being held accountable for his actions.

But then there are all those Wall Street bankers who recklessly and irresponsibly dealt in subprime mortgages and credit default swaps, which contributed in a big way to the housing bust, huge numbers of foreclosures, and the current global financial crisis in which we now find ourselves.

And how were they punished for their own Ponzi-like scheme? Not with jail time, like Madoff, but with bail-outs and bonuses -- all paid for with our tax dollars.

I guess Bernie just didn't have the right connections on Capitol Hill.