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Article IndexBY BOB HOLT
NEWJERSEYNEWSROOM.COM
Disgraced financier Bernie Madoff, featured on "60 Minutes" this Sunday, has just found a point that he and a number of his investors can agree upon. Madoff told Barbara Walters of ABC that he was happier in prison.
According to CNN, Madoff, speaking to Walters from the Butner Federal Correctional Complex in North Carolina, said, "I feel safer here than outside. I know I will die in prison. I lived the last 20 years of my life in fear. Now I'm no longer in control." Madoff is serving a 150-year sentence.
ABC News reports that Walters was only allowed to bring in a pen and pad to the prison for her interview. Madoff, inmate #61727-054, wore khaki pants, a khaki short-sleeved shirt, and black sneakers with Velcro.Madoff told Walters that the average person thinks he robbed widows and orphans, but he made wealthy people wealthier. Madoff said his middle-income investors are getting their principal back "or at least 60 cents on the dollar."
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Boston.com reported that Bernie Madoff was arrested on Dec. 11, 2008, the morning after his sons told authorities that he had confessed that his investment business was a multibillion-dollar Ponzi scheme. His wife Ruth Madoff, who has been living in seclusion in Florida, told the New York Times that on Christmas Eve of that year, the couple tried to commit suicide in their Manhattan penthouse.Ruth Madoff called the situation “just horrific.” She said, “I can’t take this. This was unthinkable to me: the hate mail, phone calls, lawyers. So we decided to do it.” She says they took "a bunch of pills" including Ambien, but both were able to wake up the following day.
