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And: There Goes Bernie…

A Final Reflection

Esse Quam Videre (“To Be, Rather Than To Seem”)
    - North Carolina State Motto

To much front-page fanfare, Bernard Madoff has driven the last five hundred miles (Wall Street Journal, 16 July, “Sins And Admissions: Getting Into The Top Prisons”).  Against the recommendation of defence attorney Ira Sorkin, Madoff is now an inmate at Butner Federal Correction Center, a medium-security facility in North Carolina.  The WSJ article mentions that the Rigas boys – pere and fils – are doing their time at Butner for their fraud convictions relating to their tenure at Adelphia Communications.

But of all the places Madoff could have been sent, it is a twisted irony that he is now housed at the same facility as Jonathan Pollard, serving a life sentence for passing US Naval Intelligence information to the Israelis.  Pollard, who violated the laws of the United States, believing his actions would save the Jewish people, is paying the price for what he believed was right.  Madoff, who ruthlessly exploited his close ties to the Jewish community, breaking the laws of the United States to satisfy his own irrational greed, will now pay a price of his own.

Welcome to North Carolina, Bernie.  “First In Flight” – but not for you.

Bernie Madoff, today is the first day of the rest of your life.