Madoff mobbed by photographers after court

Lawyer Blogs

Disgraced investor Bernard Madoff made an appearance at the Manhattan federal courthouse to complete paperwork for his bail after a judge set new conditions for release, including a curfew and monitoring bracelet.

Madoff, wearing a baseball cap and a black jacket, said nothing to reporters as he walked out of the building and drove away in an SUV. He was at the courthouse to sign over his Upper East Side apartment and his homes in Palm Beach and the Hamptons for his $10 million bond.

Madoff was accompanied to the courthouse by two lawyers as he and his wife signed court documents.

A chaotic scene erupted as he arrived at his home.

Madoff, smiling slightly, was surrounded by about two dozen photographers who jostled each other for a good position as he walked along the sidewalk. Someone said "Don't push me." Madoff appeared to extend his arm protectively, then was pushed backward by a photographer.

Madoff has already surrendered his passport, and now will be required to be at his Manhattan apartment from 7 p.m to 9 a.m. His wife was required to surrender her passport as well.

Part of Madoff's bail conditions also required that he find people to co-sign for him, and his wife and brother had already done so. Madoff had been required to find two additional co-signers to vouch for him, but with the scandal swirling around him, he was unable to do so.

The judge responded by modifying the bail package, and gave lawyers until next Monday to come up with additional paperwork.

His lawyer, Ira Lee Sorkin, said the electronic monitoring was in place by Wednesday evening.

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