Madoff will likely join a corps of aging white-collar convicts including former WorldCom Inc. Chief Executive Officer Bernard Ebbers, 67, now housed at the Federal Correctional Institution in Oakdale, Louisiana, and John Rigas, 84, the ex-CEO of Adelphia Communications Corp. who is imprisoned at the Federal Correctional Institution in Butner, North Carolina.
Possible spinoff: The Producers.
… Madoff will have to take a job in prison that will pay anywhere from 12 cents to 40 cents an hour… Offering inmates help with legal or financial needs might give Madoff a certain “diplomatic immunity”…