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Madoff Jail

Bernard Madoff Transferred From Prison To Medical Facility

Posted 05.25.2011 | Business

BUTNER, N.C. (AP) -- Bernard Madoff has been moved from a North Carolina federal prison to a prison medical facility. Federal Bureau of Prisons spoke...

Bernie Madoff Makes Friends Behind Bars

Wall Street Journal | By DIONNE SEARCEY | Posted 05.25.2011 | Business

A description of Mr. Madoff's prison life has emerged from interviews with current and former inmates at Butner and various lawyers, including some wh...

NY Post's Madoff Cancer Story "Innacurate", Madoff Doesn't Have Cancer, Isn't Dying: Prison Official

Huffington Post | Posted 05.25.2011 | Business

This morning the NY Post declared that Bernie Madoff had cancer (headline: Bernie's Cancer Cell: Madoff Dying-- Unless He Can Cheat Death, Too). But ...

Bernie Madoff Dying From Cancer: NY Post

New York Post | Posted 05.25.2011 | Business

Bernie Madoff had little to lose by confessing to masterminding the world's biggest Ponzi scheme -- he's dying of cancer, sources told The Post. Ma...

Hotprisonpals.com Gives Madoff Honorary Membership

New York Post | Posted 05.25.2011 | Business

BERNIE Madoff is in for some interesting fan mail. HotPrisonPals.com, a Web site that helps jailbirds hook up with pen pals, has given the Ponzi schem...

"Madoff" Bill Would Charge Rich Criminals For Jail

Reuters | Posted 05.25.2011 | New York

For anyone who believes crime doesn't pay, tell that to the New York state legislator who introduced a "Madoff" bill on Monday. Rich New Yorkers convi...

Madoff Won't Appeal 150 Year Sentence

The Daily Beast | Posted 05.25.2011 | Business

One hundred fifty years it is! In a Daily Beast exclusive, Allan Dodds Frank reports that the Ponzi king won't appeal his record prison sentence. Plus...

Madoff Will Be Surrounded By "Violent Offenders" In Prison

bloomberg.com | David Glovin, Patricia Hurtado and Thom Weidlich | Posted 05.25.2011 | Business

June 30 (Bloomberg) -- Bernard Madoff, sentenced to a prison term six times longer than those given the chief executives of WorldCom Inc. and Enron Co...

What Does 150 Years Really Mean? Madoff's Sentence In Context (SLIDESHOW)

The Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

As you probably know by now, Bernard Madoff was sentenced to 150 years in prison for orchestrating the largest ponzi scheme in history. The sheer ...

Madoff Family's Luxury Lifestyle Revealed (SLIDESHOW)

ABC News | BRIAN ROSS, JOSEPH RHEE, KATE MCCARTHY and JOANNA JENNINGS | Posted 05.25.2011 | Business

According to a report by ABC News, new documents provide an inside look at the Madoff family family's expensive lifestyle and big-ticket purchases. ...

Obama Pardons Madoff

Miles Mogulescu | Posted 05.25.2011 | Politics
Miles Mogulescu

The message that Obama sends by refusing to even consider prosecuting CIA officers who may have committed war crimes, is that in the future, government officials can commit similar acts with impunity.

"The Jim Crow Laws of the 21st Century": Will New York Change?

Odile Weissenborn | Posted 05.25.2011 | Politics
Odile Weissenborn

In New York, the 36-year-old Rockefeller Drug Laws may be massively overhauled.

LEAKED: Bernie Madoff's Goodbye Letter

Lee Camp | Posted 05.25.2011 | Comedy
Lee Camp

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Madoff's Prison Cell: "Le Cirque It Ain't"

New York Post | BRUCE GOLDING, DOUGLAS MONTERO and LUKAS I. ALPERT | Posted 05.25.2011 | Business

Ain't payback a bitch, Bernie? After spending his first night behind bars, mega-Ponzi crook Bernard Madoff cravenly begged the court yesterday to let...

Madoff Could Have Fleeced his Victims Legally

Gregg Easterbrook | Posted 05.25.2011 | Business
Gregg Easterbrook

Had most Madoff investors simply followed conventional financial theory about retirement, most would still have their money.

Bernie Madoff's Jail Cell At Metropolitan Corrections Center

cnbc.com | Posted 05.25.2011 | Business

Bernie Madoff's bail was revoked today after he pleaded guilty to 11 counts of fraud in the biggest swindle ever. He'll be formally sentenced on June ...

Madoff's Guilty Plea Scam

Earl Ofari Hutchinson | Posted 05.25.2011 | Business
Earl Ofari Hutchinson

Bernie Madoff may have one last scam in him. And this one may be the biggest and most infuriating of all. He may sleaze his way out of rotting away his last days in prison.

Can We Trust Government to Get Regulation Right?

Jamie Court | Posted 05.25.2011 | Business
Jamie Court

President Obama's SEC and entire regulatory structure needs to be far better. Consumers cannot wait.

Obama: Madoff Behind Bars

Steve Rosenbaum | Posted 05.25.2011 | Politics
Steve Rosenbaum

President Obama, I have to ask, why isn't Bernie Madoff behind bars?

Madoff: Investment Fund, or Virtual Reality Game?

Charles H. Green | Posted 05.25.2011 | Business
Charles H. Green

It's beginning to look like Madoff's business model had less in common with a hedge fund or investment management firm than it did with an online virtual reality game.

Rich Get Poorer, Poor Disappear

Barbara Ehrenreich | Posted 05.25.2011 | Politics
Barbara Ehrenreich

As the poor and the formerly middle class Nouveau Poor become the American majority, they will finally have the clout to get their needs met.

Take That Smug Smile Off Madoff Now

Vicky Ward | Posted 05.25.2011 | Business
Vicky Ward

Even if Madoff goes to jail today, he still doesn't face indictment for at least another 30 days. The grand jury has been given an extension to deliberate -- and some of us are baffled as to why.

Prosecutors: Madoff Sent $1 Million Worth Of Diamonds, Watches

Reuters | Grant McCool | Posted 05.25.2011 | Business

Accused swindler Bernard Madoff should be jailed for violating a court order by mailing $1 million worth of diamonds, watches and other jewelry to fri...

Madoff Tries To Stay Out Of Jail As Probe Widens

Reuters | Posted 05.25.2011 | Home

BOSTON/NEW YORK - Bernard Madoff, the longtime Wall Street executive accused of cheating investors worldwide out of $50 billion, scrambled to find rel...

A Letter from Bernie Madoff

Andy Borowitz | Posted 05.25.2011 | Business
Andy Borowitz

"Dear neighbors, in exchange for all the support you've shown me, I'd like to do something for you -- in the form of the investment opportunity of a lifetime."