[5] He graduated magna cum laude with a B.A. "He clearly represented something for a lot of people," he said. He said he had been a beneficiary of affirmative action, but noted that in many colleges affirmative action may hurt Asian-Americans' chances of admittance since they are often not given the same plus-factor as other minorities. FAQs: Filing a Judicial Conduct or Disability Complaint Against a Federal Judge, Archives of the Committee on Judicial Conduct and Disability, Judicial Panel on Multidistrict Litigation Fees, Federal Court Interpreter Certification Examination, National Court Interpreter Database (NCID) Gateway, Transfer of Excess Judiciary Personal Property, Electronic Public Access Public User Group, Statistical Tables for the Federal Judiciary, Asset Management Planning Process Handbook, Judiciary Conferences That Cost More Than $100,000, Long Range Plan for Information Technology, Proposed Amendments Published for Public Comment, Laws and Procedures Governing the Work of the Rules Committees, How to Suggest a Change to Federal Court Rules and Forms, How to Submit Input on a Pending Proposal, Open Meetings and Hearings of the Rules Committee, Permitted Changes to Official Bankruptcy Forms, Congressional and Supreme Court Rules Packages, Preliminary Drafts of Proposed Rule Amendments, Confidentiality Regulations for Pretrial Services Information, Judge Chin's Immigrant Journey Recalled in 'Pathways to Bench' Video. [11] He received his judicial commission on April 23, 2010. "The man who committed this horrible fraud is not the man whom I have known for all these years. Paul B. Stephan 77 Weighs In, A Year of War: Three Experts Weigh In on the Ukraine Invasion So Far, Common Law Explores Why Once-Contentious Natural Gas Pipelines Are Now Rubber-Stamped, Book by Danielle Citron Traces History of Privacy Law, Reforms for Today, How Could Social Cost of Carbon Affect Climate Policy? He graduated from Stuyvesant High School in 1971. Weighing victim emails Typing on a computer in chambers, and on a laptop at home, Judge Chin continued preparing a draft of the statement that he would read in court. In the financial world, the story of his rise to prominence how he left for Wall Street with Peter in 1960 with a few thousand dollars saved from working as a lifeguard and installing sprinklers became legend. When he applied for the judgeship, he was just 39, but there were 10 vacancies in the Southern District of New York for President Clinton to fill. This contrasted with Madoff's attorney, Ira Sorkin, who spoke in a halting and, at times, qualified language. I would tell the new citizens about my grandfather. [12] Chin assumed senior status on June 1, 2021. Chin presided over the criminal trial of Oscar Wyatt, the Texas oil executive accused of making kick-backs to the Saddam Hussein regime during the UN Oil-For-Food Program. Three weeks after Chin ruled on a commercial breach of contract case involving plaintiff's lawyer Larry Klayman, Klayman wrote a letter to Chin asking if he had any connection to John Huang or the Democratic National Committee. It feels like the nightmare we can't wake from," said Carla Hirshhorn. He cited Mr. Madoffs victims individuals from all walks of life and told the story of the widow who had been reassured by Mr. Madoff. "You see how our system works," he said. They were two struggling kids from Queens. Madoff's lawyers had dubbed the sentence beyond 12 years as having no practical purpose. .component--type-recirculation .item:nth-child(5) { Denny Chin is a United States Circuit Judge for the United States Court of Appeals for the Second Circuit. Judge Chin graduated from Princeton University magna cum laude and received his law degree from Fordham Law School. [24], In 2016, Chin joined the panel that upheld Tom Brady's suspension by Commissioner Roger Goodell for the Deflatgate scandal, In 2009 Chin presided over U.S. v. Madoff. Madoff admitted to committing securities fraud via a Ponzi scheme starting in the early 1990s, which involved potentially as much as $65 billion. And Madoff's brother, Peter, who helped run the business, was sentenced to 10 years in prison in 2012, despite claims he was in the dark about his brother's misdeeds. "I think in time we'll get more Asian-American judges as these Asian-American litigators get more experience under their belts," he said. He also is suing big money managers and investors for billions of dollars, claiming they were Madoff cronies who also cashed in on the fraud. "Is there rampant racism? Following his pleading, Chin revoked Madoff's $10 million bail and ordered him to report immediately to jail at the request of the federal prosecutors, citing that Madoff had both the resources and the incentive to flee before his formal sentencing. But it was the global recession which effectively prompted Mr Madoff's demise as investors, hit by the downturn, tried to withdraw about $7bn from his funds and he could not find the money to cover it. Denny Chin, Southern District of New York Court site, "Chin Shares Experiences as Federal District Court Judge, https://en.wikipedia.org/w/index.php?title=Denny_Chin&oldid=1133235341, This page was last edited on 12 January 2023, at 20:46. Judge Chin, who joined the Second Circuit bench in 2010, recalls how he moved from Hong Kong to New York City at the age of 2. I said to my interns, What do you think? he recalled. Mr. RON WEINSTEIN: We were taken by surprise, as every other victim. From his grandfather, a waiter, and his father, a cook in Hell's Kitchen,. On Thursday, Judge Denny Chin who had handed down Mr. Madoff's 150-year sentence more than a decade ago in New York denied the request. Although the judge did not tell his staff his own views that day, he made it clear that he would not choose a term arbitrarily, nor would he compromise with a number halfway between zero and 150 years. He stole from the in between. "It was a very vigorous job process because once you have the job you have it for life," he added. Video, At the crash site of 'no hope' - BBC reporter in Greece, Harry and Meghan told to 'vacate' Frogmore Cottage, China and Belarus call for peace in Ukraine, Rare Jurassic-era bug found at Arkansas Walmart, Ed Sheeran says wife developed tumour in pregnancy, Dozens of girls treated after new Iran poisonings, Man survives 31 days in jungle by eating worms. Judge Chin was appointed district judge in the Southern District of New York in 1994 before being nominated to the U.S. Court of Appeals for the Second Circuit. Of the more than $17bn in cash losses, more than $14bn has been recovered. For an optimal experience visit our site on another browser. Extraordinarily evil By the time Judge Chin entered his chambers on the morning of Monday, June 29, he had decided what his draft was missing, he said. The West Coast has a large number of experienced Asian-American litigators, and the East Coast is quickly catching up. 2023 by the Rector and Visitors of the University of Virginia. He felt that Mr. Madoffs conduct was so egregious, he said, that I should do everything I possibly could to punish him.. The courts probation department had recommended a 50-year term, while the government had requested 150 years. He had no values, former investor Tom Fitzmaurice told the judge at the sentencing. Madoff has already been ordered to forfeit assets worth more than $170 billion the amount prosecutors say "flowed into the principal account to perpetrate the Ponzi scheme." Other corporate victims were Royal Bank of Scotland and Man Group and Japan's Nomura Holdings. "It was clear the only reason he asked me these questions was because I'm Asian-American," Chin said. On March 23, 2011, Chin rejected Google's plan to digitize every book published, saying the plan violated copyright laws. "We will have to sell our home and hope to survive on Social Security alone.". Mr Madoff had been serving a 150-year sentence after he pleaded guilty in 2009 to running a Ponzi scheme, which paid investors with money from new clients rather than actual profits. At the time of Madoff's arrest, fake account statements were telling clients they had holdings worth $60 billion. Mr. CANTOR: I wasn't doing as well as I could've been (unintelligible). A graduate of Princeton, Chin couldn't get a paying job after his first year at the Fordham University School of Law, so he interned for a judge in New York's Southern District, then clerked for the same judge following graduation. It was symbolic. He is now a United States circuit judge for the Second Circuit. . A spokeswoman for the company did not immediately return a telephone message. He clerked for the Honorable Henry F. Werker in the Southern District of New York; was associated with the law firm Davis Polk & Wardwell; served as an Assistant United States Attorney for the Southern District of New York; was a founding partner of the law firm Campbell, Patrick & Chin; and was a partner at a firm specializing in labor and employment law, Vladeck, Waldman & Engelhard, P.C. Bernard Madoff exits federal court March 10, 2009, in New York City. The whole goddamn thing is a fraud.'". Tom Fitzmaurice accused Madoff of cheating his victims "so he and his wife, Ruth, could live a life of luxury beyond belief.". And they kind of looked at each other and said yes. They agreed that it was probably not the best thing to do, he said. in psychology from Princeton University in 1975 after completing a 130-page long senior thesis titled "The Old Ones of Chinatown: A Study of the Elderly Chinese. [16], In Fox v. Franken, Chin denied Fox News Channel (who alleged a trademark violation) an injunction against Al Franken's Book Lies and the Lying Liars Who Tell Them: A Fair and Balanced Look at the Right. Bernie Madoff, a Wall Street financier disgraced after he admitted to one of the biggest frauds in US financial history, has died in prison at age 82. The report said the trustee has located assets and businesses "of interest" in 11 places: Great Britain, Ireland, France, Luxembourg, Switzerland, Spain, Gibraltar, Bermuda, the British Virgin Islands, the Cayman Islands, the Bahamas. Bernie was by no means perfect. ", Trending News And he turned, he looked at me, but he never looked at the victims. By giving Bernard L. Madoff a term of 150 years, Judge Denny Chin seemed to find a way to translate society's rage into a number. Flying bug found at Walmart turns out to be rare Jurassic-era insect The order left her with $2.5m. And there we are. "Charles Ponzi is now a footnote," said Anthony Sabino, a defense lawyer specializing in white collar criminal defense. The scandal also exacted a personal toll on the family: One of his sons, Mark, killed himself on the second anniversary of his father's arrest in 2010. ", He claimed he and his wife were tormented, saying she "cries herself to sleep every night, knowing all the pain and suffering I have caused.". With membership, the site offered the options of chat rooms, surveys, and "vids and pics" for "people who like kids." "He stole from the rich. His own son attended Stuyvesant High School, a top public school in New York which bases admittance solely on a test. He directed Klayman to explain the letter and in open court Klayman stated that he had written the letter because Chin was Asian. [26] Chin explained that imposing the maximum sentence on Madoff was appropriate because he had concluded that Madoff's crimes were "staggering" and "extraordinary evil" and wanted the sentence to have a stronger deterrent effect. President Bill Clinton nominated Chin to the district court on March 24, 1994, and Chin was confirmed August 9 of that same year. Madoff's other son, Andrew, died from cancer at age 48. The terms require the Madoffs to sell a $7 million Manhattan apartment where Ruth Madoff still lives. There was also Carla Hirshhorn, who said she was thankful that her father died before he realized that his wife's financial security was ruined. Judge Denny Chin denied Mr Madoff's request, noting many victims were still suffering due to their financial losses. "One of the best things I did as a judge over the years was to preside over the naturalization ceremony. Good candidates will often lead the question into a conversation. "There's no cure for my type of disease. Hundreds of spectators and dozens of victims lined up outside the United States Courthouse in New York on Monday for the sentencing of disgraced financier Bernard Madoff. "The law naturally appealed to me, in part because of the challenges we faced growing up," Judge Chin recalls in the video. Bernard Madoff, the one-time Wall Street titan who orchestrated one of the largest frauds in history, has died in prison aged 82. The company previously called the lawsuit "completely without merit." The court heard from some in his position and some who said Bernard Madoff robbed their entire savings. After the war, as an employee of Columbia Records, he helped create the 3313 rpm long-playing record. We thought he was God; we trusted everything in his hands, Elie Wiesel, the late Holocaust survivor and Nobel laureate, said in the same year. Im surprised Chin didnt suggest stoning in the public square, he added. Its a fair argument that you want to give someone some possibility of seeing the light of day, the judge said in an interview, so that they have some hope, and something to live for., And, he added, that was one of the struggles in Madoff., Judge Chin said he quickly rejected the idea of a 12-year sentence for Mr. Madoff, but pondered whether 20 to 25 years might be acceptable. "It is probably the most important trial court in the country, given its location in New York City," Chin said. Just thought Id give you the heads up, Judge Gorenstein wrote. A court-appointed trustee recovered more than $13bn of an estimated $17.5bn that investors put into Madoffs business. "It's rare than an institutional client gets handed down to a woman.". Before the sentence was handed down, Madoff faced the wrath of nine of the hundreds of people he cheated in the fraud that wiped out fortunes large and small. Earlier this week, Judge Denny Chin (S.D.N.Y.) He was not bound by that figure, and he considered going beneath it, he said. He invited them in, then confessed after being asked "if there's an innocent explanation," a criminal complaint said. Judge Chin noted in the interviews that 20 or 25 years would have effectively been a life sentence for Mr. Madoff, and any additional years would have been purely symbolic. Advertising. US District Judge Denny Chin sentenced Madoff to the maximum possible term. Menaka Guruswamy, Arundhati Katju Helped Win Landmark Ruling in India, Consumer Information (ABA Required Disclosures), Asian Pacific American Law Students Association (APALSA), Jamar Walker 11 Makes History as First LGBT Federal Judge in Virginia, Sean Onwualu 24 Trades in Playbooks for Casebooks, LGBT Rights Litigators To Receive Jefferson Medals in Law, Big Data and War: Can a Cyberattack Warrant an Armed Response? His son Mark also killed himself on the second anniversary of his father's arrest. Louis William Conradt Jr., a suburban Dallas prosecutor, fatally shot himself after he was accused of engaging in a sexually explicit online chat with an adult posing as a 13-year-old boy, according to a lawsuit filed by his sister. Mr. Madoff rose and offered a lengthy apology, saying he felt horrible guilt. He turned to face the victims, and apologized again. Read about our approach to external linking. Bernard Madoff pleads guilty Topics North Carolina "He cheated his victims out of their money so he and his wife could live a life of luxury beyond belief.". A Bankruptcy or Magistrate Judge? More than 15,400 claims against Madoff were filed. From his decision ruling that Megan's Law could not be applied retroactively to offenders convicted before the law was enacted (earning him the unwelcome nickname of "pervert's pal" from detractors), to his decision overruling former Mayor Rudy Giuliani's decision to block the Million Youth March, led by controversial black power leader Khallid Abdul Muhammad, Chin sees it all. After the meeting, a lawyer for the family contacted regulators, who alerted federal prosecutors and the FBI. Bernard Madoff, right, leaves US . After the meeting, a lawyer for the family contacted regulators, who alerted federal prosecutors and the Federal Bureau of Investigation. Judge Denny Chin. How could this be real? On March 12, 2009, Madoff pleaded guilty to 11 federal charges relating to the scheme. He invited them in, and then confessed after being asked if theres an innocent explanation, a criminal complaint said. Two years later, Judge Chins recollections resurrect all the anger, shock and confusion that surrounded Mr. Madoffs crimes, and provide a rare peek at the excruciating pressure faced by a judge who had to balance the law, the publics emotions and his own deeply held beliefs while meting out a sentence that was just and satisfied the courts need to send a message. [8] He was an Assistant United States Attorney for the Southern District from 1982 to 1986. As a federal judge in the Southern District of New York, Judge Denny Chin sees some of the most cutting-edge cases in the country, so much so that three of his cases were used as plots for the popular Law and Order television series.But Chin's position is unique for another reason as well he was the first Asian-American appointed to a federal district court judgeship outside the 9th . Madoff, a former Nasdaq chairman, had earned a reputation as a trusted money manager with a track record of delivering stellar returns in good markets and bad. When asked about affirmative action, Chin expressed mixed feelings. Madoff's case has become symbolic of Wall Street greed and a laissez-faire attitude toward federal oversight. [21], He was assigned the Google Book Search Settlement Agreement case on January 8, 2009, after the death of the previous supervising judge. They had a $7 million Manhattan apartment, an $11 million estate in Palm Beach, Florida, and a $4 million home on the tip of Long Island. "Bernie, up until his death, lived with guilt and remorse for his crimes," his lawyer Brandon Sample said in a statement. Senior Judge Denny Chin of the U.S. Court of Appeals for the Second Circuit. Cheers and applause erupted from the gallery as Chin announced the verdict. I don't think so," he said. Madoffs scam cost Wiesels foundation $15.2m. Madoff was born in 1938 in a lower-middle-class Jewish neighborhood in Queens. Judge Denny Chin, who originally had imposed the sentence of 150 years, denied his request for release, calling his crime "one of the most egregious financial crimes of our time," and one that . Madoff investor George Nierenberg thought the reason Madoff spoke to the victims might have been something he said at Madoff's plea hearing several months ago. He had also received an e-mail that day from Gabriel W. Gorenstein, a magistrate judge who had reached into the wooden wheel that is used to randomly assign cases in the courthouse and selected an envelope that contained Judge Chins name. / AP. Andrew Denney. "I dug myself deeper into a hole" as the scheme progressed, Madoff said, adding that he would "live with this pain, this torment, for the rest of my life.". Totally a nice guy, understated, unassuming, fell for it lock, stock and barrel. He was a United States District Judge of the United States District Court for the Southern District of New York before joining the federal appeals bench. By contrast, "it's hard to say whether being Asian-American is going to place anyone at a disadvantage," he said. Splitting the baby, to me, was sending the wrong message, he said. As Judge Denny Chin noted, the Madoff take is quite literally off the charts. "They were two struggling kids from Queens. Please enter valid email address to continue. He became so hated he had to wear a bulletproof vest to court. But Chin's position is unique for another reason as well he was the first Asian-American appointed to a federal district court judgeship outside the 9th Circuit, and is now just one of six Asian-American Article III judges today. Timothy A. Clary/AFP/Getty Images dismissed a lawsuit by a Florida man who blamed the Atkins. After the sentencing, Ruth Madoff said in a statement that she felt "betrayed and confused" by the actions of her husband. Todd Heisler Judge Chin agreed to an extensive series of. Convicted swindler Bernard Madoff was sentenced Monday to 150 years in prison for stealing billions of dollars from hundreds of investors over decades in one of the largest Ponzi schemes in history. She eventually gave him her own pension, funds, Judge Chin wrote in his notes. Denny Chin (; born April 13, 1954[1]) is a Senior United States circuit judge of the United States Court of Appeals for the Second Circuit, based in New York City. A judge issued a forfeiture order stripping Madoff of all his personal property, including real estate, investments, and $80 million in assets his wife, Ruth, had claimed were hers. He said there may be parts of the country that are less tolerant, noting that there's no question that some Asian-American lawyers feel held back. Aside from an accountant accused of helping Madoff hide the scheme, no one else has been criminally charged. The order left her with $2.5 million. Early life. Chin said the lawsuit contained sufficient facts to make it plausible that the suicide was foreseeable, that police had a duty to protect Conradt from killing himself, and that the officers and NBC acted with deliberate indifference. Another victim, Michael Schwartz, told Madoff he wished a jail cell would be the disgraced financier's coffin. Both of Madoff's sons have died, Andrew from cancer at age 48 and Mark from suicide at age 46 in 2010. Then he. [9][13], In 2001, Chin rejected a motion by the Parents Television Council (PTC) to dismiss a lawsuit that the World Wrestling Federation (now World Wrestling Entertainment) filed against it. "Like everyone else, I feel betrayed and confused. Bernie Madoff was born in 1938 in a lower-middle-class neighborhood in the New York borough of Queens. The man who committed this horrible fraud is not the man whom I have known for all these years.". In another case, Chin tried to offer some off-the-record advice to a young Korean-American lawyer who had turned an attempt to collect on a note into a RICO case. "You need to be an activist wherever you land, whether it be at a big firm by doing pro bono work and being involved in the community or doing something else in the public interest.". Outside the courthouse, her husband Ron said they were so fooled by Madoff that they were proud when their son was hired to work for the man who would one day destroy his family's finances. Garland testifies before Senate panel amid ongoing special counsel probes, Colon cancer rates rising in younger age group, study finds, Firefighter dies battling blaze in downtown Buffalo, mayor says, 20,000 people may have been exposed to measles at Asbury University revival, Prosecution wraps its case at Alex Murdaugh murder trial, Top McCarthy aide, House Oversight chair each met with Ashli Babbitt's mother, What to know about Shigella bacteria as drug-resistant strain spreads, Ex-Georgia star Jalen Carter was racing in deadly crash, arrest warrants allege, Fiery train crash in Greece kills dozens, many of them students, Flying bug found at Walmart turns out to be rare Jurassic-era insect, Pence won't commit to supporting Trump if he's the nominee. Roadways to the Bench: Who Me? The victims who came forward testified that they had suffered financial ruin because of Madoff's fraud. 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