Too good to be true: the rise and fall of Bernie Madoff

Book Cover
Average Rating
Varies, see individual formats and editions
Pub. Date:
Erin Arvedlund, the financial reporter who questioned the amazing returns of Bernie Madoff's hedge funds way back in 2001, traces the life of the infamous swindler and addresses the tough questions surrounding the collapse of his Ponzi scheme.
More Details
Also in this Series
More Like This
Reviews from GoodReads
Loading GoodReads Reviews.
Staff View

Grouping Information

Grouped Work ID 33f4a568-1065-5a85-cfb2-b6d999e0a3fc
full_title too good to be true the rise and fall of bernie madoff
author arvedlund erin
grouping_category book
lastUpdate 2017-09-19 04:53:09AM

Solr Details

_version_ 1578958065889181696
accelerated_reader_point_value 0
accelerated_reader_reading_level 0
author Arvedlund, Erin.
author-letter Arvedlund, Erin.
author2 hoopla digital.
author2-role hoopla digital.
author_additional Erin Arvedlund.
author_display Arvedlund, Erin
availability_toggle_arlington Available Now, Available Online, Entire Collection
available_at_arlington Westover
callnumber-a HV6692.M33
callnumber-first H - Social Science
callnumber-subject HV - Social Pathology, Criminology
callnumber_sort_arlington Online OverDrive
collection_arlington Adult Nonfiction
date_added 2009-11-09T05:00:00Z
days_since_added 2871
detailed_location_arlington Westover Adult Nonfiction, hoopla

Erin Arvedlund, the financial reporter who questioned the amazing returns of Bernie Madoff's hedge funds way back in 2001, traces the life of the infamous swindler and addresses the tough questions surrounding the collapse of his Ponzi scheme.

Despite all the headlines about Bernard Madoff, who pleaded guilty to running a $65 billion Ponzi scheme, he is still shrouded in mystery. Why (and when) did he turn his legitimate business into a massive fraud? How did he fool so many smart investors for so long? And who among his family and employees knew the truth?

The best person to answer these questions---and tell the full story of Madoff's rise and fall---is Erin Arvedlund. In early 2001, she was suspicious of the amazing returns of Madoff's hedge fund, which no one could explain. Her article in Barron's, based on more than one hundred interviews, could have prevented a lot of misery had the SEC followed up.

But almost no one was willing to believe anything bad about "Uncle Bernie"---so nice, so humble, so generous to charities. As Arvedlund shows, Madoff was no ordinary liar but a master of the type of lies people really wanted to believe. He kept his clients at a distance and allowed handsomely paid friends to solicit new ones for him; playing hard to get created an irresistible mystique.

Now, Arvedlund tackles the tough questions that are still unanswered in the wake of Madoff's collapse:

  • Did he start off as a legitimate money manager or was he a fraud from the beginning? Were there indications of larceny at the very start of his career?
  • Why did Madoff's biggest supporters within the industry, such as Walter Noel of Fairfield Greenwich and Ezra Merkin of Gabriel Capital, ignore the warning signs that were so apparent? Did they choose to remain ignorant as long as their commissions rolled in?
  • Why did SEC investigations fail to catch Madoff's Ponzi scheme even though several people had voiced concerns about his operation?
  • Who else helped Madoff carry out his scam? His family and close associates have denied any involvement, but was it possible for one man to engineer a heist of such scope?

    With her keen investigative eye, Arvedlund presents a sweeping narrative of Madoff's career---from his youth in Queens, New York, to his early days working for his father-in-law, to his time as chairman of the NASDAQ exchange, and finally to infamy as the world's most notorious swindler. She offers a riveting glimpse of Madoff the man---an indifferent student with little ambition who transformed himself into a star with a talent for trading, a reputation for innovation, and an unmistakably erratic nature.

    Listeners will be fascinated by Arvedlund's portrayal of Madoff, his empire, and all those who never considered that he might be too good to be true.

  • econtent_device Android, BlackBerry, Kindle Fire, Mac, Windows, iPad, iPhone, iPod touch
    econtent_protection_type_arlington Limited Access, external
    econtent_source_arlington OverDrive, hoopla
    edition Unabridged.
    format_arlington Book, eAudio, eAudiobook
    format_boost 26
    format_category_arlington Audio Books, Books, eBook
    genre Non Fiction
    genre_facet Non Fiction
    grouping_category book
    id 33f4a568-1065-5a85-cfb2-b6d999e0a3fc
    isbn 9781400194100, 9781591842873
    item_details external_econtent:ils:.b14897271||hoopla|Online|eAudio|Audio Books|1|false|true|hoopla||||Available Online||qanea||, ils:.b13099450|.i14223296|Westover Adult Nonfiction|364.163 ARVED|||1|false|false|||||On Shelf|Jul 29, 2017|wan||, overdrive:ec2bbb3f-db5d-46ea-906f-0811a0a756ad|-1|Online OverDrive Collection|Online OverDrive|eAudiobook|Audio Books|1|false|true|OverDrive|||OverDrive MP3 Audiobook,OverDrive Listen|Available Online||||
    itype_arlington , Hardback, eCollection
    language English
    language_boost 10
    language_boost_es 1
    lexile_score -1
    lib_boost_arlington 50
    literary_form Non Fiction
    literary_form_full Non Fiction
    local_callnumber_arlington 364.163 ARVED, Online, Online OverDrive
    local_callnumber_exact_arlington 364.163 ARVED, Online, Online OverDrive
    local_callnumber_left_arlington 364.163 ARVED, Online, Online OverDrive
    local_days_since_added_arlington 2818
    num_holdings 2
    oclc (OCoLC)319501184
    owning_library_arlington Arlington Public Library, Arlington Public Library Online, Aurora Hills, Aurora Hills Online, Central, Central Online, Cherrydale, Cherrydale Online, Columbia Pike, Columbia Pike Online, Connection Crystal City, Connection Crystal City Online, Detention Center, Detention Center Online, Glencarlyn, Glencarlyn Online, Local History, Local History Online, Plaza, Plaza Online, Shirlington, Shirlington Online, Westover, Westover Online
    owning_location_arlington Westover
    physical 1 online resource (1 audio file (780 min.)) : digital., 310 p., [8] leaves of plates : ill. ; 24 cm.
    popularity 3
    primary_isbn 9781591842873
    publishDate 2009
    publishDateSort 2009
    publisher Portfolio,, Tantor Media
    rating 2.5
    rating_facet oneStar, twoStar
    record_details external_econtent:ils:.b14897271|eAudio|Audio Books|Unabridged.|English||2009|1 online resource (1 audio file (780 min.)) : digital., ils:.b13099450|Book|Books||English|Portfolio,|2009.|310 p., [8] leaves of plates : ill. ; 24 cm., overdrive:ec2bbb3f-db5d-46ea-906f-0811a0a756ad|eAudiobook|Audio Books||English|Tantor Media|2009|
    recordtype grouped_work
    scope_has_related_records a, arlington, c, d, g, h, o, p, s, u, v, w
    scoping_details_arlington external_econtent:ils:.b14897271||Available Online|Available Online|false|true|false|false|false|true||||, ils:.b13099450|.i14223296|On Shelf|On Shelf|false|true|true|false|false|true|999|||, overdrive:ec2bbb3f-db5d-46ea-906f-0811a0a756ad|-1|Available Online|Available Online|false|true|true|false|false|false||||
    subject_facet Commercial crimes -- United States, Ponzi schemes -- United States, Swindlers and swindling -- United States -- Biography
    target_audience Adult
    target_audience_full Adult
    title Too good to be true : the rise and fall of Bernie Madoff
    title_display Too good to be true : the rise and fall of Bernie Madoff
    title_full Too Good to Be True The Rise and Fall of Bernie Madoff, Too good to be true : the rise and fall of Bernie Madoff / Erin Arvedlund, Too good to be true [electronic resource] : the rise and fall of Bernie Madoff / Erin Arvedlund
    title_short Too good to be true :
    title_sort too good to be true the rise and fall of bernie madoff
    title_sub the rise and fall of Bernie Madoff
    topic Biography & Autobiography, Finance, Nonfiction
    topic_facet Biography & Autobiography, Finance, Nonfiction