Madoff: I'm a Victim, Too

Bernie Madoff is feeling pretty grand these days. He’s got reporters (including myself) hounding him for interviews and his insight into Wall Street and its misgivings. He’s the toast of the federal prison in Butner, NC., where he’s serving a life sentence for carrying out the greatest white collar swindle of all time -- a Ponzi scheme that cost investors some $50 billion.
And, at least in his mind, he’s getting ready to help the prestigious Harvard Business School develop course work for its students from his jail cell at Butner. In one of the handful of interviews he has given since his arrest in 2008, Madoff said that Harvard is interested in his input to develop a course in business ethics. Now he tells FOX Business that the school’s focus is in “building an Entrepreneurial course” not just on his career as a swindler (though that will certainly come up), but also his pre-phony hedge fund days, when Bernie Madoff was considered one of the best traders on Wall Street.


Read more: http://www.foxbusiness.com/markets/2011 ... z1W3ttiUOV

Poor guy.

what a loser.

I have heard 2 tales about Bernie, one said he made some bad investing blunders and his pride wouldn't let him admit it to his clients so he started falsifying the statements hoping he could earn it back.

The other says he started it as a Ponzi scheme and believed he would be able to get away with it for the rest of his life, but the market crash made people cash out and that was the start of the end.