Madoff with the Money

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More About This Book

Overview

While Bernie Madoff may have pulled off one of the biggest financial scams ever, the details of his life and long-running ruse are still cloaked in mystery with more questions than answers. Until now.

In Madoff with the Money, Oppenheimer goes behind the glaring headlines, the myriad lawsuits, indictments, and complaints to tell the real story of the enigmatic, bizarre life of Ponzi King Bernie Madoff-who Nobel Peace Prize Laureate and Madoff victim Elie Wiesel called "a thief, scoundrel, criminal...psychopath [is] too nice a word for him." From dozens of exclusive, news-making interviews with the people who knew Madoff best-or thought they did-a shocking portrait emerges. From the one-time nobody who uses his cunning and street smarts, we see emerge a respected Wall Street titan, all the while leading a twisted life with multiple personas like a financial Dr. Jekyll and Mr. Hyde.

Editorial Reviews

From Barnes & Noble
After Bernard Madoff was exposed as "the world's greatest scammer," stories circulated about would-be clients who in past years had gone to him wondering how his "split-strike-conversion strategy" could yield such astronomical results. Invariably, Madoff would wave away their doubts by naming a few investors and assuring them that the Securities and Exchange Commission tightly ruled the entire industry. Fifty billion lost dollars later, we have all gotten to know Madoff much better, but not as well as author Jerry Oppenheimer, who in this book provides startling revelations and heartbreaking glimpses into the lives that Bernie ruined. A story that would have left Gilded Age Robber Barons rapt with envy.

Product Details

  • ISBN-13: 9780470504987
  • Publisher: Wiley, John & Sons, Incorporated
  • Publication date: 8/17/2009
  • Edition number: 1
  • Pages: 280
  • Product dimensions: 6.20 (w) x 9.10 (h) x 1.30 (d)

Meet the Author

Jerry Oppenheimer has written eight biographies of major American icons, from Martha Stewart and Barbara Walters to the Clintons and Kennedys, and has worked in all facets of journalism, from national investigative reporting in Washington, D.C., to producing TV news and documentaries. He's quoted in magazines such as Vanity Fair and is a frequent guest on national TV interview and syndicated magazine shows, including Good Morning America, Entertainment Tonight, Extra, Anderson Cooper 360, Nancy Grace, BBC News, Fox News, and more. He is the author of Toy Monster: The Big, Bad World of Mattel, also from Wiley.

Table of Contents

Ch. 1 Beginning of the End 1

Ch. 2 Growing Up a Madoff 21

Ch. 3 Bernie Hobnobs with the Wealthy, Strong-Arms Some Pals, and Courts "Josie College" 37

Ch. 4 From Queens to Alabama, Scamming Homeowners and Hustling Stock 47

Ch. 5 Tying the Knot and Giving Uncle Sam the Business 61

Ch. 6 A Borscht Belt Summer Camp Sets the Stage for Bernie's Ponzi Scheme 69

Ch. 7 Moving On Up 85

Ch. 8 The Bagel Baker Becomes a Financial Guru, and the Mob Boys from Rockford Pay a Visit 93

Ch. 9 "Whatever You Do, Kid, Never Invest a Penny in the Stock Market, Because It's Run by Crooks and Sons of Bitches" 113

Ch. 10 A Madoff Speaks Out and an Empty Promise 133

Ch. 11 Mr. Outside versus Mr. Inside versus the SEC 145

Ch. 12 Life inside the Madoff Piggy Bank, Flashing the Plastic, and Losing the Farm 159

Ch. 13 A Family (and Sometimes an Office) Affair 183

Ch. 14 Another Arrest, and Blood Relatives Get Taken to the Cleaners 207

Author's Note on Sources 241

Index 247

Customer Reviews

Average Rating 3.5
( 47 )

Rating Distribution

5 Star

(8)

4 Star

(14)

3 Star

(14)

2 Star

(4)

1 Star

(7)

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See All Sort by: Showing 1 – 20 of 47 Customer Reviews

  • Posted November 15, 2009

    Thorough without being protracted

    This summary of Madoff's life makes it clear that he didn't "accidently" get into his Ponzi scheme as he claimed: he was a crook from the start and came from a family of crooks. The book is thorough in describing the fraud, yet not overly long and does not go into great financial detail. One wonders about the IQs of some of his victims; it seems that many of those people should have known Madoff was a scamster. An excellent choice for someone who wants some knowledge of what went on.

    3 out of 3 people found this review helpful.

    Was this review helpful? Yes  NoThank you for your feedback.   Report this reviewThank you, this review has been flagged.

  • Posted October 23, 2009

    Informative

    I bought this book because the library had only one copy and there was a waiting list. My money wasn't wasted. Oppenheimer did a good job researching his subject. The reader is given some keen insight into Bernie Madoff's upbringing, education and his rise before the very public fall. My only problem with this book is that Oppenheimer often jumped around from one decade to the other when telling Madoff's story. While this may have been necessary, I found it a bit annoying. Otherwise, a great read for anyone interested in Bernie Madoff.

    3 out of 3 people found this review helpful.

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  • Posted January 5, 2011

    Recommend

    Like the story - wasn't thrilled with the writting. Found it hard to follow at times.

    1 out of 1 people found this review helpful.

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  • Anonymous

    Posted November 14, 2011

    Nice book

    Ok guess what everybody?im getting a white ipod touch for christmas and im really exsited ti have it.my mom is takig off the safari and the you tu e but other than that i can do what ever i want with it.I CAN LISTIN TO STARIO HARTS BY 'GYM CLASHEROS'when ever i want

    0 out of 1 people found this review helpful.

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  • Posted April 8, 2011

    Interesting Book

    Very detailed description about Madoff's life. Keeps you interested all the way through.

    Was this review helpful? Yes  NoThank you for your feedback.   Report this reviewThank you, this review has been flagged.

  • Posted March 15, 2011

    Recommend

    I found the personal feelings of the author mixed with the interviews of Madoff's victims very sad and also interesting considering that many were experienced investors who were burned so bad.

    One has to wonder what goes through Madoff's mind as he spends the rest of his life in prison; does he actually face his own sad legacy, so very sad, knowing that his son has committed suicide and his wife no longer wants to be known as Mrs. Madoff.

    After all is said and done: Does Bernie believe that, on one hand, the memories of leading the grandest life, and, on the other hand, the immence pain that he caused to so many investors, was it worth it?

    SM238

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  • Posted January 29, 2011

    an interesting look into Madoff

    Still reading and will post some more as I read along.

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