Betrayal: the life and lies of Bernie Madoff

Book Cover
Average Rating
Publisher:
Harper,
Pub. Date:
c2009.
Language:
English
Description

It was an inconceivable deception: over $65 billion stolen in the world's largest Ponzi scheme.

Including new and revealing interviews with those who worked closest to him and his family, Betrayal is an in-depth, penetrating look at the man who perpetrated history's most notorious financial crime.

To the people who knew him, Bernie Madoff was a kind and honorable person; a loving father and husband; generous to his employees and charitable even to strangers. On Wall Street, he was known as a wise elder statesman, wildly successful in his investments but never too risky with people's money. He was so revered and trusted that thousands placed their life savings with him, and he in turn provided them with early retirements and affluent lifestyles.

But on December 11, 2008, Madoff confessed that he'd lied to them all. The monthly financial statements he'd sent customers for decades were all works of fiction. Their money was gone.

Despite the crush of media attention on Madoff's scam, little is known about Madoff himself. What could lead a seemingly good man to ruin the lives of everyone who ever cared about him? What caused Bernie Madoff to commit an unspeakable act of betrayal, bankrupting his family, his friends, his mentors, and thousands of investors who depended upon him for their livelihoods?

Betrayal: The Life and Lies of Bernie Madoff is about the man who realized that he could have everything he wanted if he simply lied to the people who trusted him the most. Author Andrew Kirtzman tracked down more than a hundred people from Madoff's past, from the first girl he ever kissed to family members who played in his house as children; from his secretaries to his drivers; from traders at his company to his inner circle of friends. He pored through thousands of pages of court records; private e-mails; phone-conversation transcripts; and census, military, and immigration records. The result is a fascinating story about the rise of a deeply immoral man.

Kirtzman describes Madoff's feelings of inferiority and humiliation as a child, and his obsession with making money to prove himself worthy as he grew older. He reveals Madoff's construction of a criminal enterprise at a young age, long before he's ever claimed it began. He paints a picture of a loving yet strange family that ran a multibillion-dollar corporation like a small family restaurant. He offers an inside look at life within the company and the characters who worked on the infamous seventeenth floor. He reveals the details of an underground flow of cash that no one has known about until now. And he chronicles the desperate moments leading up to Madoff's fall, from the perspective of the people who spent the last hours with him before his house of cards collapsed.

More Details
ISBN:
9780061870767
Also in this Series
More Like This
Reviews from GoodReads
Loading GoodReads Reviews.
Staff View

Grouping Information

Grouped Work ID 0de36aa9-bd93-0670-47ab-35d67daa149e
full_title betrayal the life and lies of bernie madoff
author kirtzman andrew
grouping_category book
lastUpdate 2017-10-30 04:59:34AM

Solr Details

accelerated_reader_interest_level
accelerated_reader_point_value 0
accelerated_reader_reading_level 0
author Kirtzman, Andrew.
author_display Kirtzman, Andrew
available_at_arlington Central
collection_arlington Adult Nonfiction
detailed_location_arlington Central Adult Nonfiction
display_description
format_arlington Book
format_category_arlington Books
id 0de36aa9-bd93-0670-47ab-35d67daa149e
isbn 9780061870767
item_details ils:.b13229850|.i14297346|Central Adult Nonfiction|364.163 KIRTZ|||1|false|false|||||On Shelf|Oct 29, 2017|can||
itype_arlington Hardback
lexile_score -1
literary_form Non Fiction
literary_form_full Non Fiction
local_callnumber_arlington 364.163 KIRTZ
owning_library_arlington Arlington Public Library, Aurora Hills, Central, Cherrydale, Columbia Pike, Connection Crystal City, Detention Center, Glencarlyn, Local History, Plaza, Shirlington, Westover
owning_location_arlington Central
primary_isbn 9780061870767
publishDate 2009
record_details ils:.b13229850|Book|Books|1st ed.|English|Harper,|c2009.|307 p. ; 24 cm.
recordtype grouped_work
scoping_details_arlington ils:.b13229850|.i14297346|On Shelf|On Shelf|false|true|true|false|false|true|999|||
subject_facet Capitalists and financiers -- New York (State) -- New York -- Biography, Ponzi schemes -- United States, Swindlers and swindling -- New York (State) -- New York -- Biography
title_display Betrayal : the life and lies of Bernie Madoff
title_full Betrayal : the life and lies of Bernie Madoff / Andrew Kirtzman
title_short Betrayal :
title_sub the life and lies of Bernie Madoff