Madoff with the Money

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Author: Jerry Oppenheimer

ISBN-10: 0470624590

ISBN-13: 9780470624593

Category: Business Biography - Specific Individuals

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,...

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Praise for Jerry Oppenheimer's MADOFF with the money "Jerry Oppenheimer's Madoff with the Money is a titillating read, based on dozens of interviews with people who knew Madoff intimately. These range from disgruntled relatives to Hollywood victims, such as Zsa Zsa Gabor and her ninth husband to those who lost life savings through feeder funds. It is the cheeky details that can make for truly dishy reading."—USA Today 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.

Ch. 1 Beginning of the End 1Ch. 2 Growing Up a Madoff 21Ch. 3 Bernie Hobnobs with the Wealthy, Strong-Arms Some Pals, and Courts "Josie College" 37Ch. 4 From Queens to Alabama, Scamming Homeowners and Hustling Stock 47Ch. 5 Tying the Knot and Giving Uncle Sam the Business 61Ch. 6 A Borscht Belt Summer Camp Sets the Stage for Bernie's Ponzi Scheme 69Ch. 7 Moving On Up 85Ch. 8 The Bagel Baker Becomes a Financial Guru, and the Mob Boys from Rockford Pay a Visit 93Ch. 9 "Whatever You Do, Kid, Never Invest a Penny in the Stock Market, Because It's Run by Crooks and Sons of Bitches" 113Ch. 10 A Madoff Speaks Out and an Empty Promise 133Ch. 11 Mr. Outside versus Mr. Inside versus the SEC 145Ch. 12 Life inside the Madoff Piggy Bank, Flashing the Plastic, and Losing the Farm 159Ch. 13 A Family (and Sometimes an Office) Affair 183Ch. 14 Another Arrest, and Blood Relatives Get Taken to the Cleaners 207Author's Note on Sources 241Index 247

\ From Barnes & NobleAfter 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.\ \