10/13/09 Stockholm, Sweden – It wasn’t long ago, just last month, that Allen Stanford was in a jail fight where he suffered a concussion, a broken nose, and two black eyes.
Not one to be outdone by another Ponzi-schemer, Bernie Madoff seems to have gotten in a kerfuffle of his own, but faired quite a bit better.
In the process of serving his 150-year sentence he apparently worked himself and another federal prisoner into a heated discussion, over the stock market no less.
The argument culminated in a shouting and, ultimately, shoving match where the 71-year-old Madoff prevailed over his 60-year-old foe. Neither seemed to be injured in the confrontation and it appears as if neither will be punished. You can’t make this stuff up.
The original story from the New York Post covers the details of the inmate brawl.
Rocky Vega
Rocky Vega is publisher of The Daily Reckoning. Previously, he was founding publisher of UrbanTurf and RFID Update, which he operated from Brazil, Chile, and Puerto Rico, and associate publisher of FierceFinance. He specialized in direct marketing at MBI, facilitated MIT Sloan School of Management programs, and has been featured on CBS. Vega graduated with honors from Harvard University, where he was on the board of Let’s Go Publications and directed business programs involving McKinsey, Goldman Sachs, and Harvard Business School faculty. He is also enrolled at the Stockholm School of Economics.
The Daily Reckoning is your premier source for making sense of the news Washington and Wall Street generate. Each business day, The Daily Reckoning calls on its stable of world-class writers and thinkers to show you how to get ahead.
Start your 100% FREE subscription to The Daily Reckoning today and you’ll get a free research report, “How to Survive the Fall of Social Security.” Simply enter your email address below to get your free report and join over 495,000 worldwide Daily Reckoning subscribers!
We Respect Your Privacy and We will
Never Share or Sell Your Email Address
Maybe they should rename the site “Rocky Vega’s Daily Snippets”. Seriously. All three articles on the home page are yours, and I use the word ‘article’ loosely. Congrats on 1 of your 4 ‘paragraphs’ being an actual paragraph! Did you learn that in Harvard? WTF is going on here!