
Picture this. Over thirty years, you've personally invested $250 million your inheritance with your friend Bernie, and you find out - poof! - it's gone. Oh, and those monthly statements you've been getting? They're lies - yup, all of them. And your pal Bernie? He doesn't know where it went.
Although I had heard about Madoff in the news, I knew very little about the extent of his criminal activity. I had heard about his celebrity victims, but never realized that some of his investors had been close personal friends. I also did not realize that many of his "clients" were other investment firms, who were investing money on behalf of their own clients.
Although I had heard about Madoff in the news, I knew very little about the extent of his criminal activity. I had heard about his celebrity victims, but never realized that some of his investors had been close personal friends. I also did not realize that many of his "clients" were other investment firms, who were investing money on behalf of their own clients.
People say Madoff was a monster, or a liar, a crook, or a cheat. Throughout the book, an FBI profiler continuously refers to him as an "anti-social" personality. Even his lawyer (who might have dumped Madoff onto a public defender had he not been on retainer) said that Madoff was a severely flawed individual.
If not for my insatiable curiosity about Madoff, I probably would not have picked this up. In my experience, I've found that I don't like books written by news correspondents. Especially those associated with giant news networks.
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