Madoff $40 a month, Bernard Madoff once had billions of dollars, but now he makes $40 a month doing menial prison labor.
'I used to work as a clerk in the commissary, and now they have me taking care of the telephone and the computer systems', said Madoff, speaking by phone from a federal prison in North Carolina.
His prison phone account didn't have any money in it, so he had to call CNNMoney collect.
As far as the computers and phones go, Bernie Madoff said he has to 'make sure they're working and they're kept clean', but he emphasizes that this requires no technical skill whatsoever.
It's a far cry from his former life. Once head of his own finance firm, Madoff is now identified as inmate #61727-054 at Butner Federal Correctional Complex. He's serving a 150-year sentence after pleading guilty, in 2009, to siphoning $17.5 billion from thousands of investors, wiping them out in a long-running, pyramid-style deception.
He said he only works 'a few hours' a day, which leaves him plenty of time to ponder his undoing.
'I'm usually up at 4:30 in the morning because I can t sleep', said Madoff, 75, who is scheduled to be released in 2139.
Tuesday, May 21, 2013
Madoff $40 a month
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