At the Madoff Hearing: A Guilty Plea, but No Catharsis

If the victims of Bernard Madoff were looking for catharsis in the court of U.S. District Judge Denny Chin, they got nothing close to it. Several of them had gathered in the large, packed courtroom in Lower Manhattan for Madoff’s hearing Thursday morning, but Chin issued instructions that victims could speak only if they wanted to object to Madoff’s pleading guilty to 11 counts of fraud