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The Wizard of Lies
The Wizard of Lies: Bernie Madoff and the Death of Trust | Diana B. Henriques
3 posts | 3 read | 8 to read
The inside story of Bernie Madoff and his $65 billion Ponzi scheme, with surprising and shocking new details from Madoff himself. Who is Bernie Madoff, and how did he pull off the biggest Ponzi scheme in history? These questions have fascinated people ever since the news broke about the respected New York financier who swindled his friends, relatives, and other investors out of $65 billion through a fraud that lasted for decades. Many have speculated about what might have happened or what must have happened, but no reporter has been able to get the full story -- until now. In The Wizard of Lies, Diana B. Henriques of The New York Times -- who has led the paper's coverage of the Madoff scandal since the day the story broke -- has written the definitive book on the man and his scheme, drawing on unprecedented access and more than one hundred interviews with people at all levels and on all sides of the crime, including Madoff's first interviews for publication since his arrest. Henriques also provides vivid details from the various lawsuits, government investigations, and court filings that will explode the myths that have come to surround the story. A true-life financial thriller, The Wizard of Lies contrasts Madoff's remarkable rise on Wall Street, where he became one of the country's most trusted and respected traders, with dramatic scenes from his accelerating slide toward self-destruction. It is also the most complete account of the heartbreaking personal disasters and landmark legal battles triggered by Madoff's downfall -- the suicides, business failures, fractured families, shuttered charities -- and the clear lessons this timeless scandal offers to Washington, Wall Street, and Main Street.
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Elis Wiesel‘s quote pretty much sums it up: “It shows again, a human being is capable of both very great, good things, and very horrible things.” On my TBR list for a whole now, read for a challenge.

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This was made into a fab movie by HBO. I'm giving away a copy of the book and movie on my blog today. (USA mailing addy only; HBO's publicists are mailing out the prize pack.) http://www.bethfishreads.com/2017/09/review-giveaway-wizard-of-lies-hbo.html?m=1

Abailliekaras I've been to watch this! Sounds like a winner. 2y
AmyG I liked this book alot. Good true crime stuff. I knew a couple of people who lost a LOT of money because of this guy. 2y
BethFishReads @Abailliekaras it was really good 2y
See All 6 Comments
BethFishReads @AmyG And he had so little (if any) remorse 2y
AmyG @BethFishReads He's a psycopath. I oddly feel sorry for his wife, Ruth. She lost her sons, her husband...everything. Did she not know? Ah, somtimes you just don't want to know. 2y
BethFishReads @AmyG I feel the same way on all accounts. 2y
40 likes2 stack adds6 comments
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I don't know about you, but one of my most deeply rooted fears is to become destitute, which is why this one scares me. A lot. #ReadPastFear #stmartins

8little_paws Looking forward to your thoughts on this one! Sounds like it could be good 3y
cathysaid I came across the following news story a couple of weeks ago. This guy...he's brilliantly evil. http://www.businessinsider.com/bernie-madoff-hot-chocolate-prison-jail-ponzi-sup... 3y
BookishMarginalia @cathysaid Thanks for sharing! I have found that Business Insider publishes articles that make me think deeply about issues. 3y
cathysaid @BookishMarginalia No problem. I've been reading a few more of these articles lately. Given the removal of ethical oversight in the markets, I'm getting a little nervous about our retirements. 🤓😐 3y
RealBooks4ever Me too! Did you listen to the recent story/interview on, I think it was PW? Made me so angry! He has no remorse, doesn't own his crime, & probably doesn't have a conscience. 😡 3y
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