Madoff gets life – but it could be worse
July 1st, 2009
By Leah Germain
So what does swindling investors out of US$65 billion get you these days? A 150-year prison sentence and a whole lot of bad publicity. Now from Bernie Madoff's venerable standpoint, one-and-a-half centuries sounds like a painfully long sentence, especially if you are serving that time in a real American prison and not the infamous Club Fed, a low-security Florida prison facility reserved for white-collar criminals where 18 holes of golf and lobster cookouts are rumored to be among the inmates' daily activities.
Madoff, the New York based ...
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