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Madoff is an Unrepentant Prison Celebrity
Some people seem to find a way to thrive no matter the circumstance. That appears to be the case for Bernard L. Madoff at his new home in a federal correctional complex dubbed “Camp Fluffy,” according to a story by Steve Fishman in June in New York magazine.

According to Fishman’s article, Madoff has become a prison celebrity in Butner, N.C., because of his Ponzi scheme, which separated investors from about $65 billion dollars.

Prisoners described his arrival as being like the President’s, with inmates asking for his autograph. He refused – apparently afraid autographs would be resold. But to hear Madoff tell it in the article, he was the real victim.

“It was a nightmare for me,” Madoff reportedly told investigators, describing his attempts to

Bernard Madoff; U.S. Department of Justice photograph, 2008 (Creative Commons)
keep his scheme from unwinding. “I wish they caught me six years ago, eight years ago.” Well, most of his victims surely do as well. Madoff appears to not even put on the pretense of sympathy for his victims.

In the article, Fishman relates a story about an old woman that Madoff defrauded. In response to a fellow prisoner who said that taking money from an old woman is messed up, Madoff answers seemingly without emotion, “Well, that’s what I did.” Unsurprisingly, Madoff blames his victims.

“People just kept throwing money at me,” Madoff said, according to the article. If he refused them they would wonder why they weren’t good enough.

People deserved to lose money because they were greedy, one inmate reported Madoff saying. The only time that Madoff shows any emotion, according to the article is when he talks about his wife. When asked why he didn’t flee the country and change his identity he reportedly said, “I’ve got family.”

Undoubtedly the most important question is where did all the money go? Madoff’s only response, according to the article: “It’s H20,” and making a gesture like water slipping through his fingers.  

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