Let’s have one more blog devoted to good old Bernie Madoff. We’re talking about the Wall Street schemer who bilked investors out of tens of billions of dollars with his history-making Ponzi Scheme.
So where’s Bernie going to set up shop in prison? What’s life going to be like for him the next 150 years? It’ll be no $7 million apartment in Manhattan, that’s for sure. While federal prison officials have not decided exactly where to place their newest inmate, his days will no longer be filled pirouetting through fields of tulips. Nope, it’s going to be anything but that.
First of all, he will find himself sweeping floors, scrubbing toilets, or slinging hash in the prison kitchen for the princely sum of pennies a day. Bernie can expect six or seven daily bed checks and a corrections officer to shine a bright light in his face twice nightly. Whether he ends up in a low or medium security prison, the high life perks he’s been living with will vanish. Upon arrival, the prison will issue a hygiene kit build around the cornerstone of a bar of soap the size of a matchbook cover.
He will be allowed to write letters and even make limited phone calls at the rate of 25 cents per minute. There will be time to network with other prisoners but, Bernie, take our advice and don’t start up another Ponzi Scheme on the inside. Your new investors might not quite as forgiving when they find out you screwed them.
The Platinum Team
