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#1932876 - 07/01/09 10:58 AM Re: Berny's sentence [Re: caseymcq]
mrklean Offline
Sr HotSpotOutdoors Family

Registered: 01/02/07
Posts: 3064
Loc: Buffalo MN
150 years in jail still doesnt give back the money he took from those people and the lives he destroyed

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#1932897 - 07/01/09 11:18 AM Re: Berny's sentence [Re: CRAZYEYES]
bobbymalone Offline
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Registered: 09/25/07
Posts: 349
Loc: Eagan, MN
Originally Posted By: CRAZYEYES
I think he got what he deserved, it can't be fun being an old man in prison.


Too bad he'll go to country club prison rather than don't drop the soap prison. The latter would give him a taste of his own medicine.

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#1932975 - 07/01/09 12:32 PM Re: Berny's sentence [Re: mrklean]
Kidd Offline
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Registered: 12/24/00
Posts: 1553
Loc: Mars
Originally Posted By: mrklean
150 years in jail still doesnt give back the money he took from those people and the lives he destroyed

It's not just the people who invested with this guy who are out great deals of money. Each investor who lost their money can claim that loss on their taxes so once again, it's the taxpayer that will continue to pay for this guy's greed.
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#1933001 - 07/01/09 12:55 PM Re: Berny's sentence [Re: bobbymalone]
swamptiger Offline
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Registered: 02/04/02
Posts: 981
Loc: Up north, MN USA
Quote:
Too bad he'll go to country club prison rather than don't drop the soap prison.



Not necessarily, from what I've read...

He might have to go to a medium security facility and be put in with the regular inmates because of the higher than normal sentencing. Most white collar criminals typically get 3 to 5 years and the low security, cushy, facility.
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#1933139 - 07/01/09 03:46 PM Re: Berny's sentence [Re: mrklean]
fishuhalik Offline
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Registered: 04/05/06
Posts: 1340
Loc: Plymouth, MN
Originally Posted By: mrklean
150 years in jail still doesnt give back the money he took from those people and the lives he destroyed


What do you think would have been an appropriate punishment? We seized all his assets and sent his "asset" to jail for the rest of his life. What else are we coule we have done to punish him?



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#1933172 - 07/01/09 04:09 PM Re: Berny's sentence [Re: caseymcq]
walleye101 Online   content
Sr FishingMN Family

Registered: 12/28/06
Posts: 589
Originally Posted By: caseymcq


I think that mainly has to do with how much press each of these cases get as a result of the scale of the crime in its respective category.


Yep the press decides what is important. That is why when there are cases of child abuse every day, when someone harms a puppy, kitten or baby duck that makes the evening news.

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#1933203 - 07/01/09 04:46 PM Re: Berny's sentence [Re: bobbymalone]
swamptiger Offline
Sr FishingMN Family

Registered: 02/04/02
Posts: 981
Loc: Up north, MN USA
I also read that these type of white collar criminals often hire a "prison consultant" to brief them on what to expect in prison. Hopefully, they might even try to negotiate where they will serve their term.

And if you are absolutely forced to serve in a medium security federal prison camp, the very best place to go is none other than Duluth, Minnesota... smile
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#1935085 - 07/04/09 01:52 PM Re: Berny's sentence [Re: swamptiger]
tacklejunkie Offline
Sr IceLeaders Family

Registered: 09/29/07
Posts: 2133
Loc: North of Duluth
Sounds to me like he is qualified for a job in the US government laugh
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#1955548 - 07/24/09 02:32 PM Re: Berny's sentence [Re: tacklejunkie]
swamptiger Offline
Sr FishingMN Family

Registered: 02/04/02
Posts: 981
Loc: Up north, MN USA
Thought I'd do a follow-up on this thread:



Quote:

ABC News

July 14, 2009

Bernie Madoff 'Hit the Inmate Lottery' with Butner Prison, Consultant Says

Ponzi Scammer Arrives By Bus at His New Home in North Carolina

'Home sweet home' has new meaning for notorious Ponzi scammer Bernie Madoff, who arrived clad in a blue jumpsuit at the Butner Federal Correctional Complex in North Carolina just before noon today to begin serving his 150-year sentence.

The financier will spend his remaining years in Butner Correctional Facility.

Madoff, 71, who had an overnight layover at the U.S. Penitentiary in Atlanta, GA, "hit the inmate lottery" by being assigned to Butner's medium security lockup, said federal sentencing attorney Alan Ellis, who characterizes the facility as "one of the crown jewels of the federal prison system."

"It looks and feels like a college campus," said Ellis, who has clients currently serving time there and says it's a popular assignment request for many white collar criminals.

Ellis, author of the "Federal Prison Guidebook," said that in addition to the many graduate students from neighboring University of North Carolina and Duke University that intern at the prison, "The staff is good there. And I always say happy staff makes for happy inmates."

Madoff's former life of luxury will quickly turn into a life of routine at Butner. Inmates start their day at 6 a.m. and are required to work 7.5 hours a day, as long as they're found medically fit, according to the Bureau of Prisons. Madoff will make between 12 cents and 40 cents an hour to be a groundskeeper, a food service employee or a commissary worker. Dinner is at 5 p.m., with free time afterwards until 9 p.m., during which time he can partake in recreational, religious or educational programs.

As a new inmate, Madoff will first undergo a medical and psychiatric screening and will be assigned a case worker.

Visitation is Monday, Thursday and Friday between 2:30 p.m. and 8 p.m., and Saturday and Sunday from 8:30 a.m. to 3 p.m. Approved visitors can come during visiting days and hours for a length of time determined by the prison depending on how busy it is. Madoff's wife Ruth had been a consistent jail visitor while Madoff was locked up in lower Manhattan awaiting sentencing and then a permanent assignment.
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