The trial of Bernie Madoff concluded today, and it looks like Madoff himself is effectively finished, too.  The 71-year-old man, who defrauded investors of an estimated $13.2 billion, was sentenced to spend 150 years in prison.

Madoff showed little emotion during the proceedings, but people in the courtroom - many of whom were victims - cheered and applauded the long sentence.  And although defense attorneys had pushed for a 12-year term of imprisonment, Judge Denny Chin made it clear that he believes the maximum sentence is more fitting.

According to a Bloomberg report, Chin stated, “Mr. Madoff’s crimes were extraordinarily evil.  This was not merely a bloodless financial crime that occurred on paper, but one that took a staggering toll.  The breach of trust here was massive.”

From this point forward, it should be mostly a matter of wrapping up loose ends, including determining in which prison Bernie Madoff will spend the rest of his life, and what will happen to Ruth Madoff.

There’s also the question of what happened to all of the money Madoff received, but it’s possible that a great deal of it will never be tracked down.