Legal News

Feeling Minnesota? Dreier Heads to Sandstone, ?A Fine Place to Be?

By Ashby Jones

We write this post with somewhat heavy hearts, LBers, as we realize that, barring something unforseen, it could be a long time before we write anything again about Marc Dreier.

Marc Dreier, who a year ago was still hobnobbing with celebrities and entertaining on his yacht, is on his way to Federal Correctional Institution Sandstone (pictured), a low-security prison about 70 miles southwest of Duluth, Minn. It is here that Dreier will serve his 20-year fraud sentence. Click here for the story, from the New York Law Journal.

According to Alan Ellis’s Federal Prison Guidebook, inmates are primarily housed in two-man “cubicle-dormitories.” Far be it from us to venture a guess as to how Dreier will spend his time up there, but he’ll have recreational opportunities. According to Ellis’s guidebook:

The Recreation Department offers intramural or extramural sports, a music room, a weight room, pool tables, and ping-pong tables. The hobby craft center offers leather craft, painting, and stained glass.

So he’s got that going for him, which is nice.

And apparently Dreier’s lawyers agree. Ross Kramer, an associate of Gerald Shargel, Dreier’s defense attorney, told the New York Law Journal that Sandstone seemed “like a fine place for Dreier to be.”

Full post as published by Law Blog - WSJ.com on September 02, 2009 (boomark / email).