ASPEN — Neither a 150-year prison term nor a courtroom apology from Bernard Madoff satisfied some of his local investors Monday, when the disgraced money manager was sentenced in a Manhattan court by U.S. District Judge Denny Chin.The impacts of Madoff’s Ponzi scheme, estimated to have cheated investors out of more than $50 billion, were felt in the Aspen area, home to more than 30 people or entities that were defrauded…Basalt resident Ed Casela, who began investing with Madoff 12 years ago, said he watched the courtroom proceedings on television, refusing to accept his apology.
By Rick Carroll,June 30, 2009, Aspen Times

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