Bernie Madoff goes to jail immediately

By Edward Harrison On Mar 12, 2009

Bernie Madoff was remanded to prison immediately. Now he awaits sentencing.

Edward Harrison 7783 posts 575 comments

Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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5 Comments

toyotawhizguy says 16 years ago

I wonder if Parker Brothers will release a new “Madoff Monopoly” version of their popular board game. “Steal $3M from your sister”, “Collect $200M as you pass”, “Payout 12% to early investors”, “Ponzi collapses”, “Turn yourself in”, “House arrest”, and of course “Go to jail as your victims cheer” can be some new block labels.
Edward Harrison says 16 years ago

toyotawhizguy,

I like that idea! Maybe the profits from the game can go to the victims of Madoff’s crimes. But what is Boardwalk going to be called? Park Place?
Imma says 16 years ago

Hey, I would buy it, sounds like a lot of fun, I lost my shirt on my normal investments in the economic meltdown.

Bernie was allready a millionaire, hard to believe he would get himself into this, although I heard his monthly expenses where 250,000 to 500,000 per month. ( I might be misquoting) but yes, in that case I guess he would need to keep inventing ways to make money.

Amazing –

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