Madoff
The Man Who Stole $65 Billion
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Product details:
- Publisher Penguin
- Date of Publication 24 August 2009
- Number of Volumes B-format paperback
- ISBN 9780141045467
- Binding Paperback
- No. of pages320 pages
- Size 199x133x20 mm
- Weight 220 g
- Language English 0
Categories
Short description:
This will be the first authoritative book on the biggest fraudster in history, based on hundreds of interviews with his family and former associates. Packed with revelations, it will lead the news agenda in September when it is released under a global embargo. Erin Arvedlund is an investigative journalist who has written for Barron's, the Wall Street Journal, the New York Times, TheStreet.com and Portfolio.com. In 2001 she wrote the first major critical investigation into Madoff, based on more than 100 interviews, headlined "Don't Ask, Don't Tell". The US financial regulators did not follow up her revelations.
MoreLong description:
Take the combined fortunes of Bill Gates, Tiger Woods and Roman Abramovich. Now imagine someone stealing that much money - and being hailed as a financial genius.
That man is Bernard Madoff. Backed by governments and global banks, Madoff defrauded $65 billion from charities and individual investors including Stephen Spielberg. Finally turned in by his own sons, Madoff opened his door in his dressing gown to be arrested by the FBI. Eleven charges and eleven guilty verdicts later he swapped his penthouse for a prison cell. Only $1 billion was left.
Madoff is the first definitive account of the rise and fall of the biggest fraudster ever. It's a story of greed, betrayal and lies, of remorseless risk-taking, family tragedy and financial disaster.
Investigative reporter Erin Arvedlund was the first to expose Madoff back in 2001, but Wall Street and the world didn't listen. In this astonishing book she answers the crucial unsolved questions: why and when did Madoff turn his business into a massive fraud? How did he fool so many investors for so long? Who knew the truth? And who, ultimately, is Bernard Madoff?
