[cnn-photo-caption image=http://i2.cdn.turner.com/cnn/2009/CRIME/03/10/madoff.plea/art.madoff.jpg caption="Bernard L. Madoff is charged in one of the largest investment fraud schemes on record."]
Lawyers for Bernard Madoff say the ex-money manger will plead guilty this week to 11 felony counts, including stock fraud, perjury and money laundering. Those charges are all connected to the greatest fraud in Wall Street history that wiped out fortunes, ruined lives and caused so much suffering. Madoff, who is perhaps the most hated man in America, is facing up to 150 years in prison.
Madoff had told authorities he'd scammed investors in a $50 billion ponzi scheme. But today prosecutors said the dollar amount is actually much higher. We'll have all the details tonight.
How much jail time do you think Madoff should get? Share your thoughts below.
Plus, we have breaking news out of Alabama tonight on a shooting rampage that's left ten people dead. Investigators say a gunman opened fire in at least four locations before killing himself. What was the motive? We'll look into that at the top of the hour.
Also tonight, we dig deeper on Pres. Obama's education reform plan. He laid out his vision earlier today, calling for more charter schools, greater teacher accountability and parental involvement.
Join us for these stories and more starting at 10pm ET.
See you then!
Anderson Cooper goes beyond the headlines to tell stories from many points of view, so you can make up your own mind about the news. Tune in weeknights at 8 and 10 ET on CNN.
Questions or comments? Send an email
Want to know more? Go behind the scenes with