News cameras are almost never allowed inside federal prisons, but now a gritty CNBC original documentary goes behind prison walls to capture the raw experience of crooked CEOs, inside traders, embezzlers and other convicted corporate swindlers who are serving their time.
CNBC profiles current and former inmates humbled by a fall from grace and forced to trade a life of wealth and prestige for one controlled by prison guards. Correspondent Andrew Ross Sorkin interviews former Tyco chief Dennis Kozlowski, former NYPD commissioner Bernard Kerik, and former Qwest CEO Joseph Nacchio, all power brokers who arrived in prison unprepared for what lay ahead.
They describe a deadening mix of boredom, isolation and fear, as well as a struggle to re-enter society bearing the stigma of a convicted felon. Sorkin also speaks with a once well-to-do mother of four, now serving a sentence for mortgage fraud at the women's prison camp in Danbury, Conn., the same facility that housed the inmate behind the hit series,"Orange is the New Black."
Federal prison camps,dismissed by many as "Club Fed" resorts, are in fact home to thousands of white collar felons who live alongside drug dealers, rapists and other hardened criminals. CNBC follows a disgraced corporate lawyer as he travels by train to report to one of these institutions, contemplating his final hours of freedom before beginning a five year sentence.