Bernie Madoff was sentenced to 150 years in prison last week. Exactly where he'll spend the remaining years of his life, however, has yet to be decided. It will be up to the Bureau of Prisons to pick out an appropriate facility for the fraudster. But Madoff is still hoping to have a bit of a say as to where he ends up and even hired a prison "consultant" by the name of Herb Hoelter to help him find just the right place.
Hoelter, whose previous clients include Ivan Boesky and Mike Milken, says that while Madoff's first choice, Otisville Correctional Institute, was rejected by the judge, and he doesn't qualify for a cushy Club Fed facility that other white-collar criminals have been sent to in the past, he's hoping Madoff does not have to spend the rest of his life at the "Supermax" prison in Florence, Colorado, which is reserved for the worst of the worst. But as long as he doesn't get sent to the Supermax, Hoelter reports that almost any other institution will be a step up from his current home, the Manhattan Correctional Facility:
"Anywhere he goes is likely to be better than where he is now, unless they throw him into the Supermax... He will be able to get exercise. He will be able to do something that makes him productive. He may be able to tutor other inmates."
So if you were hoping that Bernie would get to spend his remaining days sharing his tips and tricks with a younger generation of incorrigible con men, you'll be pleased to know it still remains a distinct possibility.