Too Good to Be True: The Rise and Fall of Bernie Madoff
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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. The New York Times - Michiko Kakutani Ms. Arvedlund—who, in a 2001 Barron's article, was among the first to question Mr. Madoff's record publicly—works hard to situate the Madoff mess within the larger framework of hedge-fund mania and the Wall Street recklessness that led to the fiscal cataclysms of 2008. She is interested in the How of It All: how was Mr. Madoff able to scam investors (some of whom belonged to the fiscal and banking elite) for decades and how did he manage to elude detection for so many years?
