Cable News Snapshot: 7:19amET, March 12, 2009

Bernie Madoff arrived at the Federal Courthouse in New York City 2 hours and 40 minutes before his court appearance at which he’ll plead guilty to operating a $50 billion Ponzi scheme. For the first time, he’ll explain how he did what he did. In order to accept a guilty plea, the judge must hear him describe his crimes.

Create a social media strategy, launch your campaign, and track the results in our Social Media Marketing Boot Camp starting February 16. The online event and workshop will feature speakers including The Onion‘s Baratunde Thurston (left), Facebook’s Morin Oluwole, and bitly’s Tim Devane. Register now.