Thursday, March 18, 2010

Madoff Beaten in Prison


I read about this in the latest issue of the Wall Street Journal. I have to say a laugh slipped my lips before reading past the headline. The article details how a body builder, with a black belt in Judo, roughed up Madoff over a money dispute. Of course, nothing can be proven as is the code of conduct in prison life, but it seems probable that the fight happened. Can you imagine Madoff getting in a prison brawl? What an image that brings up. There are other stories worth noting including a former inmate getting investment advice from Madoff, and reports of the company he keeps including a pharmaceutical drug dealer and a crime family boss. I suppose it makes sense that such a prestigious criminal such as Madoff would want to hang out with men with similar devious ambitions. He continues to serve his 150 year sentence, and will probably live out his life admired by fellow inmates, at least in the near future, for the massive scale of his scheme that robbed investors all around the world for upwards of 20 million.


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