Madoff fights to win, gets some cred


Allen Stanford gets kicked around, but Bernie Madoff can clearly throw down some serious smack. While the former's being moved from one facility to another because he's lost some ground on the cell block, Madoff just earned himself some props.

The engineer of the largest (known) Ponzi scheme in history apparently got into an argument with another geriatric inmate at the Butner, North Carolina federal prison. Of course, it was over the stock market. Does it really make sense to outmaneuver a guy who never needed to know what the market was doing to deliver double-digit returns?

Well, push came to shove, as they say, with the "attacker" stumbling and looking up at a mean, mean Madoff. He got up and ran off.


This is a textbook case of measuring ROI – Madoff paid a prison consultant to help him figure out how to get by in the clink. The return he's realized is clearly more real than those he generated for his victims. This is said to be Big Bernie's first tussle in the can.

The other inmates are giving credit where due. One of the prisoners remarks to the NY Post, "I didn't think Bernie had it in him. He got the best of him; he was really aggressive." Another notes that both old-timers got lucky if a guard had witnessed the altercation, they would have wound up in the hole.

Despite all the excitement, it looks like the mayhem may have been little more than a convo gone out of control. The next day, Madoff and his buddy were seen chillin' on the block, friends again.

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