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Sify Home >> News >> International >> Bernard Madoff`s new home

Bernard Madoff`s new home

New York: Bernard Madoff`s new Manhattan home is the size of a walk-in closet, with cinderblock walls, linoleum floors and a bunk bed. Breakfast will be served before sunrise, and the disgraced financier can stretch his legs outside, but only every other day - in a cage.

The Metropolitan Correctional Centre, which has housed accused terrorists and reputed mobsters, welcomed the 70-year-old Madoff on Thursday after he pleaded guilty in one of Wall Street`s biggest investment swindles and a judge revoked his bail. The federal jail in lower Manhattan stands between a courthouse and a church and holds inmates awaiting trial or serving short sentences. Currently, about 750 men and women are behind bars there.

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Text: AP

Images: (Copyright AP/AFP. Unauthorised reproduction is prohibited.)

Image: This undated photo released by the Metropolitan Corrections Center shows a jail cell at the facility in New York. A 7 1/2-by-8 foot cell such as this will house disgraced financier Bernard Madoff, 70, who was ordered to jail on Thursday, March 12, 2009 after pleading guilty to an epic fraud that robbed investors worldwide of billions of dollars.




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