She caved. That 98-pound-something of emotional steel [and allegedly steal] Ruth Madoff has agreed to just keep $2.5 million of her assets. THE WALL STREET JOURNAL reports, she settled with the U.S. Attorney's Office "to give up her potential claim to more than $80 million worth of assets."
But this is unlikely to make it possible for her husband Bernard to ever leave prison. He's 71 now and lawyers are betting that Monday he will be sentenced to 25 to 35 years in prison.
My hunch is that he won't live to celebrate his first anniversary behind bars. Everyone seems to know someone who was swindled by Uncle Bernie. That, plus his unnerving smirk, makes him a classic target in the slammer. We know there's no way to protect someone who has an emotional bullseye on him or her.