No 'Club Fed' for Madoff


At disgraced financier Bernard Madoff's sentencing on Monday, Judge Denny Chin described his crimes as "extraordinarily evil." If legal experts are right in their assessment of where Madoff is likely to serve his time, he'll have the chance to meet plenty of other people whose misdeeds fit that description.

There's no "Club Fed" in Madoff's future. Sentenced to 150 years in prison, far more than most white-collar wrongdoers, it's likely he'll spend the rest of his life locked up alongside violent criminals, these experts say.