The Wizard of Lies
Bernie Madoff and the Death of Trust
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- $2.99
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- $2.99
Publisher Description
"An impressive, meticulously reported postmortem. . . . The Wizard of Lies is the definitive book on what Madoff did and how he did it." —Bloomberg Businessweek
Who was Bernie Madoff, and how did he pull off the biggest Ponzi scheme in history?
This question has long fascinated people, about the New York financier who swindled his friends, relatives, and other investors out of $65 billion. And in The Wizard of Lies, Diana B. Henriques of the New York Times has written the definitive and bestselling account of the man and his scheme, drawing on unprecedented access and more than one hundred interviews, including Madoff’s first interviews for publication following his arrest. Henriques provides vivid details from the lawsuits and government investigations that explode the myths that have come to surround the story, and in a revised and expanded epilogue, she unravels the latest legal developments.
A true-life financial thriller—and now a major HBO film starring Robert De Niro and Michelle Pfeiffer—The Wizard of Lies contrasts Madoff’s remarkable rise on Wall Street 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.
Customer Reviews
A good read, but leaves a big ? on why he did it
Excellent, thorough research, and well written. But remains truly mystifying why an already wealthy , successful Madoff would just decide to do a Ponzi when he had to know it was 100% certain - if he didn’t die first - that he’d be caught, ruined, disgraced and jailed. It’s just the basic Ponzi math that they have to collapse, usually sooner. Apparently started after the crash of 1988. I mean why not just tell these big investors “Sorry, guys, you get hit hard “ - instead of taking from other investors, and putting yourself on the road for a 150 jail sentence ?
Madoff Book - Wizard of Lies
This is an outstanding book. The author writes extremely well. The subject has been thoroughly researched. The author has personally interviewed Madoff twice. I recommend this book with no reservations.
Wizard of Lies
Wizard is a penetrating view into the opaque world of Bernie Madoff and his billion dollar Wall Street Ponzi scheme. This story of greed and self deception is a cautionary tale for the wishful thinker in all of us. I could not put Wizard of Lies down.