By Jessica Shambora
June 30, 2009

“I left a legacy of shame. It is something I will live with for the rest of my life.”

— Bernie Madoff at his sentencing in a Manhattan courtroom today. He received 150 years in prison. According to Fortune‘s Nick Varchaver, who was at the sentencing, Madoff explained his crime the same way he did when he pleaded guilty in March: “”I couldn’t accept the fact that, for once in my life, I failed.”

Maybe Madoff should have read this Fortune story about bouncing back, which Pattie Sellers wrote in 1995. It’s too late, but he’ll have plenty of time to read now. –Jessica Shambora

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