Ian Fisher, Columnist

Madoff Wants Leniency. My Dad Received None.

Why should the Ponzi scheme king get out to die, when the judges imprisoned my father with just weeks to live?

The Butner correctional facility in North Carolina. 

Photographer: Jim R. Bounds/Bloomberg
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I cannot remember the name of the chaplain who called from the Butner correctional facility, perhaps the nation’s premier federal prison for sick white-collar prisoners. But he was a pro. He talked slowly, in gentle circles about how my father had been very ill and how they did their best. This verbal shuffling was all so I could figure out before the chaplain said the actual word that my father, Albert Ernest Fisher III, was dead. He was 78.

So it hit me with unexpected emotion, complicated now as a financial journalist, when I read that Bernie Madoff, 81, my father’s Butner prisonmate, is asking for compassionate release. He says he is dying. I use “he says” as journalistic distancing and to signal that it may not be wise to believe everything that the engineer of the world’s biggest Ponzi scheme tells you.