2. Try to Get Your Time Reduced Not that you shouldn’t try to make the least of it as well. Before you accept a plea, cut the best deal you can, just as you did in business before you were indicted. Your plea will affect the duration and terms of your incarceration. Work with a "mitigation specialist" who can help guide you to your first choice among prisons—a penitentiary close to home, for instance. Or maybe you would prefer somewhere warm: F.P.C. Pensacola is a nice choice; you can leave the big house with a tan. You may not always be able to close the deal, however. Martha Stewart wanted to serve her time in Danbury, Connecticut, not far from some of her homes, but she wound up in Alderson, West Virginia, which wasn’t even her backup choice.
Read the rest of Caroline Waxler's tips on what convicted CEOs should do before going to prison.
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