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Don't worry about Gupta, he may get a 2-year vacation

FP Staff October 27, 2012, 15:55:45 IST

Federal camps, or more like recreational camps, are the easiest places to do federal time as inmates enjoy a good climate, access to e-mail, and a chance to reduce their sentence via on-site rehab and occupational programmes.

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Don't worry about Gupta, he may get a 2-year vacation

Apart from insider trading charges, guess what Wall Street’s fictional predator Gordon Gekko and Rajat Gupta have in common? Former Goldman Sachs director Rajat Gupta is likely to be sent to the same  prison that housed  fictional Gordon Gekko—Otisville, a minimum security camp near New York City which also featured at the bottom of the Forbes 2009 list of 10 cushiest prisons in the US.  Jed Rakoff, the judge who sent Gupta to prison, has recommended this prison for Gupta. [caption id=“attachment_504888” align=“alignleft” width=“380”] Former Goldman Sachs director Rajat Gupta is likely to be sent to the same  prison that housed  fictional Gordon Gekko—Otisville, a minimum security camp near New York City[/caption] Federal camps, or more like recreational camps, says TN Ninan in Business Standard, are the  easiest places to do federal time as inmates enjoy a good climate, access to e-mail, and a chance to reduce their sentence via on-site rehab and occupational programmes. White-collar cons can even take classes in accounting, business administration and business management, even though the course they could usefully attempt is on business ethics. Here’s why Gupta’s two -year sentence period could well end up more like a long holiday. According to the Forbes list of 10 cushiest prisons in the US, Otisville is a favourite for the high-profile, white-collar fraudsters and Bernie Madoff’s desired retirement home. “It is often requested as a destination by observant Jewish cons, thanks to its full-time rabbi and availability of kosher food. Bernie, like many inmates from the Big Apple, just wants to be close to his family. A commuter train takes passengers from the New York City area to the village of Otisville in a bit more than an hour, said Forbes.

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