From: WSJ.com: Law Blog
WSJ reporter Dionne Searcey provides a glimpse into what Bernie
Madoff's life is like behind bars and prison wire.
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Madoff Behind Bars: A Celebrity Outside, a Celebrity Inside
You can bet that if there's one magazine article the New York money
world is going to be talking about this week, it's an article in
New York magazine about Bernie Madoff's life in prison.
Where Does Bernie Go From Here? Part II With Lawyer Alan Ellis
Back in March, after Bernie Madoff entered his guilty plea, we
chatted with Alan Ellis, a lawyer specializing in federal
sentencing and Bureau of Prison matters and the author of the
Federal Prison Guidebook. Ellis dropped a lot of knowledge on us.
So much, in fact, that we had to pick up the phone and check in
with him today on the latest news that Judge Denny Chin had
sentenced Madoff to a 150-year prison term.
Convicted Ponzi-Schemer Madoff To Learn Fate Monday
Convicted Ponzi-scheme operator Bernard Madoff will learn Monday
morning whether he'll spend the rest of his life behind bars for
running a decades-long swindle that bilked thousands of investors
out of billions of dollars. Madoff, who admitted in March to
orchestrating one of the largest and longest-running white-collar
frauds in recent memory, is set to be sentenced at a hearing before
U.S. District Judge Denny Chin in Manhattan at 10 a.m. EDT Monday.
Prosecutors from the U.S. Attorney's office in Manhattan have asked
for the statutory maximum of 150 years or a sentence that will
effectively guarantee the 71-year-old Madoff spends the rest of his
life in prison. "He engaged in wholesale fraud for more than a
generation; his so-called 'investment advisory' business was a
fraud; his fraud...
Breaking: Madoff Gets 150 Years
Well, the question has been answered. Bernie Madoff has been
sentenced to years in prison. The matter now shifts to the Bureau
of Prisons, which will make the decision on where Madoff will be
sent. Possibilities might include the low- or medium-security
prisons near New York City like Fort Dix, N.J., Otisville, N.Y., or
Allenwood, Pa.
TIVO Time: Madoff Show On CNBC Wednesday Night
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On Wednesday, August 25th at 9PM ET/PT, CNBC is presenting
“American Greed: Madoff Behind Bars,” a one hour
documentary narrated by Stacy Keach. It appears to be worth
watching for anyone interested in learning about Madoff's
current life. Apparently, it most certainly could be worse....
