Bernie Madoff Will Plead Guilty

NEW YORK (AP) - Bernard Madoff's lawyer has told a judge his
client will plead guilty later this week to 11 counts including
money laundering, perjury and securities, mail and wire fraud.
Prosecutors say the disgraced money manager will face up to 150
years in prison on the charges.
The details of the criminal case emerged at a hearing Tuesday in
a lower Manhattan courthouse to resolve several potential conflicts
of interest between Madoff and his lawyer, Ira Sorkin.
Sorkin and his family invested more than $900,000 with Madoff.
After questioning Madoff, the judge ruled that Sorkin may continue
representing Madoff.
Asked by the judge if Madoff would plead guilty Thursday, Sorkin
said: "I think that's a fair expectation."

(Copyright 2009 by The Associated Press. All Rights Reserved.)