Bernie Madoff Update: He’s Popular in Prison 

Bernie Madoff has a complete grasp of how to survive in prison and is quite successful at it.

Here’s more from MarketWatch.com:

“He’s a star in prison. He stole more money than anyone in history, and to other thieves, this makes him a hero.” According to Fishman, he is frequently approached for financial advice, including by another inmate who was debating a stock purchase with his broker. “The guy later said he wished he had followed Bernie’s advice closer.”

Madoff, who opened his first business with money earned from working as a lifeguard, has even returned to entrepreneurship, albeit a crafty one.

“Bernie really was a successful businessman with quite original insights into the market, and he’s continued applying his business instincts in prison,” Fishman said. “At one point, he cornered the hot chocolate market. He bought up every package of Swiss Miss from the commissary and sold it for a profit in the prison yard. He monopolized hot chocolate! He made it so that, if you wanted any, you had to go through Bernie.”

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