Press Releases: 08/03/10

CNBC (1)

CNBC’S “AMERICAN GREED: MADOFF BEHIND BARS” WILL PREMIERE ON AUGUST 25TH

“American Greed: Madoff Behind Bars” will premiere on Wednesday, August 25th at 9pm. The show repeats that evening at 10pm, 12am and 1am.

“AMERICAN GREED: MADOFF BEHIND BARS”

One year after Bernard Madoff began his 150 year prison sentence, viewers learn what prison life is really like for the perpetrator of the biggest financial scam in US history. “American Greed” interviews current and former inmates who served time with Madoff at the federal prison in Butner, North Carolina. The inmates say Madoff is adapting surprisingly well to life in prison, where he sleeps in an unlocked room, is served “heart healthy” meals, and is treated as a celebrity by the other inmates. Amazingly, he even gives some inmates financial advice. The inmates who talk to “American Greed” also say Madoff, at times, seems unrepentant. When an inmate pesters Madoff about the billions he stole from his victims, the inmate reports that Madoff said, “[Expletive] my victims. I carried them for 20 years and now I’m doing 150 years.” “American Greed” interviews several victims of Madoff, who express outrage that he appears to be living better in prison than some of the people he defrauded.

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