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Ruth Madoff Asks For Fur Coat, Takes Straw Bag

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Jul 2, 2009 10:00 pm US/Eastern

Ruth Madoff Asks For Fur Coat, Takes Straw Bag

NEW YORK (AP) ― Disgraced financier Bernard Madoff's wife asked to stay in her $7 million Manhattan penthouse and wanted to take a fur coat with her before federal marshals seized the property.

A federal official informed of Ruth Madoff's departure from her apartment Thursday tells The Associated Press that when marshals said she couldn't take her coat, she left carrying just a straw bag.

The official wasn't authorized to discuss the details of Ruth Madoff's departure and spoke on condition of anonymity.

U.S. Marshal Joseph Guccione said Ruth Madoff had been advised in advance of the marshals' plans.

"She will be leaving," he said. "Restitution for the victims is the government's top priority."

Typically, the marshals service changes all locks and secures a property when it seizes a location.

Bernard Madoff was sentenced earlier this week to 150 years in prison. Authorities said he had carried out the fraud for at least two decades before confessing to his sons in December that his investment business was a fraud and that he had lost as much as $50 billion.

Last week, Ruth Madoff agreed to give up all of her possessions in return for a promise that federal prosecutors would not go after $2.5 million she can keep. The money, though, is not protected from civil legal actions that might be pursued by a court-appointed trustee liquidating Madoff's assets or by investor lawsuits.

Ruth Madoff broke her silence Monday when she said in a statement that her husband "stunned us all with his confession and is responsible for this terrible situation in which so many now find themselves."

(© 2009 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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