Wednesday, July 29, 2009

First Madoff Interview: Can't Believe I Got Away with It

ABC News reports:
In his first prison interview, a buff-looking Bernie Madoff said he couldn't believe he got away with his massive Ponzi scheme for so long.

"There were several times that I met with the SEC and thought 'they got me,'" Madoff told Joseph Cotchett, a San Francisco lawyer threatening to sue his wife, sons and brother on behalf of a group of victims.

Cotchett said he and his partner, Nancy Fineman, met with Madoff for four and a half hours Tuesday afternoon at the federal prison in Butner, NC, where Madoff is serving his 150-year sentence.

"He looked pretty good and seems to be working out," said Cotchett. "He looked a lot better than he has in some months since I've seen photographs of him."
Great moments in the history of SEC regulation.