Money managers under the microscope
One story from the New York Post understandably attracting plenty of interest, despite official denials: Bernie ‘Dying’ in Jail.
The Post reports the jailed fraudster, who is serving a 150-year prison sentence, has told fellow inmates he is dying of cancer. One inmate says Madoff was taking “about 20 pills a day” and “not doing very well”.
A prisons spokeswoman told Reuters the story was inaccurate, but couldn’t confirm or deny details about Madoff’s health.
Meanwhile, the Post also reports a shirtless Madoff has taken up a surprising new activity — weekly “Native American religious purification ceremonies”, involving prayers, heated rocks to induce sweat and smoking from a ceremonial pipe.