Madoff says he's remorseful, not suicidal

Bernard Madoff walks down Lexington Avenue to his Manhattan apartment, days after he was charged in the largest investment scam in Wall Street history. (Dec. 17, 2008) Credit: Getty Images
Disgraced financier Bernie Madoff has told an interviewer he has terrible remorse and horrible nightmares over his epic fraud, but also said he feels happier in prison than he’s felt in 20 years.
His comments come ahead of his wife’s appearance Sunday’s episode of CBS’ “60 Minutes.” Ruth Madoff said in excerpts that they tried to kill themselves after he admitted stealing billions of dollars in the largest Ponzi scheme in history.
“I don’t know whose idea it was, but we decided to kill ourselves because it was so horrendous what was happening,” she says in the interview, according to excerpts released by CBS.
She says it was Christmas Eve, which added to their depression, and she decided: “I just can’t go on anymore.” She says the couple took “a bunch of pills” including the insomnia prescription medication Ambien, but they both woke up the next day. She says the decision was “very impulsive” and she’s glad they didn’t die.
The couple’s son Andrew Madoff also will talk about his experience.
Another son, Mark Madoff, hanged himself by a dog leash last year on the anniversary of his father’s arrest. Like his parents, he had swallowed a batch of sleeping pills in a failed suicide attempt 14 months earlier, according to his widow’s new book, “The End of Normal: A Wife’s Anguish, A Widow’s New Life.”
Madoff, who’s in his 70s, ran his scheme for at least two decades, using his investment advisory service to cheat individuals, charities, celebrities and institutional investors.
An investigation found Madoff never made any investments, instead using the money from new investors to pay returns to existing clients — and to finance a lavish lifestyle for his family. Losses have been estimated at around $20 billion, making it the biggest investment fraud in U.S. history.
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