Friday, December 11, 2009 Bernie's Ayte

Madoff Making Friends in Butner:

Bernard L. Madoff's life of country clubs and luxury homes ended when federal agents arrested him at his Manhattan penthouse apartment exactly one year ago. But he is adjusting to his new life behind rows of gleaming silver razor wire in this small Southern town.

Inmate No. 61727-054 shares an unlocked cell at the medium-security prison at Butner Federal Correctional Complex with a younger man named Frank. He wears khaki prison garb and has been spotted walking on an outdoor track. He plays bocce, chess and checkers. He scrubs pots and pans in the prison kitchen.

The 71-year-old Mr. Madoff also is salvaging something that disappeared in the outside world the moment his fraud was exposed: respect. "To every con artist, he is the godfather, the don," says an inmate interviewed earlier this week.
How 'bout that? Lifer Bernie's dope with the crew in Butner.
A description of Mr. Madoff's prison life has emerged from interviews with current and former inmates at Butner and various lawyers, including some who have met with him in prison. [Madoff] mentioned chatting with fellow inmates such as reputed Colombo crime-family boss Carmine Persico and Jonathan Pollard, an American imprisoned after admitting to spying for Israel more than two decades ago. Other high-profile inmates at Butner include former Rite Aid Corp. vice chairman Franklin C. Brown, who was convicted of crimes tied to accounting irregularities at the drugstore chain.
Some of Mr. Madoff's fellow inmates suspect he has money hidden somewhere and try to cozy up to him in hopes of learning its location. But correctional officers keep a close watch on Mr. Madoff and don't allow groups to crowd around him.
Darn Hacks, always ruining all the fun. Give it up, Bernie, where's the script, where's the white money?

I've written about Madoff quite a few times the past year, and as predicted, life seems to be playing out pretty much as expected for the white-collar criminal elite. I guess those "prison consultants" did their job, eh?

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