North Carolina welcomes it's newest neighbor: Bernie Madoff. Leaving behind the Frette sheets, Irish linen pj's and cashmere socks Mr. Madoff now sports the polyester-blend prison jumpsuit. He's in good company in Butner NC as the following high profile inmates share the pilates studio at this posh medium security federal penitentiary; Adelphia Communications own John Rigas and son Tim, who were convicted on multiple charges,including securities fraud and concealing $2.3 billion in liabilities from corporate investors. Jonathan Pollard, an American who spied for Israel and Omar Abdel-Rahman, the "blind sheik," who is serving a life sentence for trying to kill Egyptian President Hosni Mubarak and blow up the United Nations. This is like the all-star squad. Do you think they may form a secret investment-ponzi club? I imagine a marketing idea from the bad boys of Butner to be "Invest all of your snack stash with us and receive an unbelievable 12% return on your ritz crackers." At the very least a prison book club or writers salon to kibitz about memoirs/tell-all books. Evening cups of tea drank together discussing strategies to off-shore amazon booksales proceeds. It just seems like old habits die hard.
What's odd is that many a cottage industry has sprung up around these white collar criminals: prison coaches are the new personal trainer. With all of the security fraud and big fish like Bernie, it's easy to see how a little advice on what it's like inside the big house would garner press and business opportunities for all parties on either side of the bars.
I just wonder if they have to share yoga mats. It just seems wrong for them to have such a posh and privileged penitentiary pad as well as federally subsidized organic bamboo yoga togs.
Showing posts with label Madoff in NC. Show all posts
Showing posts with label Madoff in NC. Show all posts
Thursday, July 16, 2009
Subscribe to:
Posts (Atom)