What is ironically painful about this is that Bernie Madoff's retirement will be all-expenses paid - housing, food, clothing, medical care - while many if not most of those whom he robbed of a financially carefree, secure post-working life will suffer immeasurably.
The settlement allows his wife to retain $2.5 million for her dotage. I think I could manage a long, comfortable retirement on that, speaking for myself. Of course, she will be deprived of her husband's company. Since I still don't believe she could possibly have been unaware of what her husband was doing for a living, I'm not sending her condolences any time soon.
2 weeks ago