04/11/2011 08:53 am ET Updated Jun 11, 2011

Bernie Madoff, Professor?

Bernie Madoff, professor? Madoff, who in 2008 was convicted of running the largest Ponzi scheme in American history and is now serving a life sentence in federal prison, told the Financial Times that business schools have come to him to talk about teaching ethics courses.

The FT reports:

Several business schools have approached him, he adds, and asked him to work on ethics courses. He likes that idea; Harvard and Northwestern are in his sights. But from 10am to 7pm, four days a week, he mans the commissary, or prison store. Fittingly, Madoff tells us, it is called the "money management department".

According to Inside Higher Ed, however, Northwestern said that they haven't talked with the schemer about any possible collaboration.