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The Wizard of Lies (2011)

di Diana B. Henriques

UtentiRecensioniPopolaritàMedia votiCitazioni
2336114,569 (3.87)3
Who is Bernie Madoff, and how did he pull off the biggest Ponzi scheme in history?These questions have fascinated people ever since the news broke about the respected New York financier who swindled his friends, relatives, and other investors out of $65 billion through a fraud that lasted for decades. Many have speculated about what might have happened or what must have happened, but no reporter has been able to get the full story-until now.In The Wizard of Lies, Diana B. Henriques of the New York Times-who has led the paper's coverage of the Madoff scandal since the day the story broke-has written the definitive book on the man and his scheme, drawing on unprecedented access and more than one hundred interviews with people at all levels and on all sides of the crime, including Madoff's first interviews for publication since his arrest. Henriques also provides vivid details from the various lawsuits, government investigations, and court filings that will explode the myths that have come to surround the story.A true-life financial thriller, The Wizard of Lies contrasts Madoff's remarkable rise on Wall Street, where he became one of the country's most trusted and respected traders, with dramatic scenes from his accelerating slide toward self-destruction. It is also the most complete account of the heartbreaking personal disasters and landmark legal battles triggered by Madoff's downfall-the suicides, business failures, fractured families, shuttered charities-and the clear lessons this timeless scandal offers to Washington, Wall Street, and Main Street.… (altro)
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Having recently read an equally riveting and well written account of greedy rich people, The Empire of Pain, it was interesting to compare the Madoffs to the Sacklers. I ended up feeling sorry for the Madoffs who, if not having paid for the misery of their victims, did pay in full in their family—the son who killed himself, the other son who died prematurely of cancer, the wife who was dispossessed of everything. And the three of them were bystanders to Bernie’s crime. And Bernie himself was hapless, self-deluded, in over his head. His 150 year prison sentence was just and deserved. But the Sacklers—oh my, they are still out there slithering around protecting their assets. ( )
  jdukuray | Jun 23, 2021 |
I enjoyed this book - I learned a lot about Bernie Madoff. A lot of court cases were still pending when the author wrote this book, so I might have to google a few names. I picked it up at the library to read as a company I used to work for is mentioned in the book. We handled quite a few Madoff accounts. (Won the lawsuit, though, not guilty!) ( )
  Chica3000 | Dec 11, 2020 |
Straightforward and clear explanation of how the Madoff Ponzi scheme worked, and why it was not discovered until it had been years in the running. There's also an interesting discussion of the dispute as to how clients would recover (or even if they could recover) their monies. Recommended for a good overview of the scandal. ( )
  EricCostello | Dec 1, 2020 |
Wasnt as hard hitting as I had hoped. author was very repetitive within the same section of the book. Kept saying the same thing in multiple different ways. has to be a better story about the fraud and how it worked. But she did interview Bernie. ( )
  bermandog | Nov 1, 2020 |
The Wizard of Lies: Bernie Madoff and the Death of Trust by Diana B. Henriques is the story of Bernie Madoff and his incredible Ponzi scheme. The man comes off as evil, unfeeling and pitiful. Interesting he screwed mainly the rich Jews from the pale for the most part. Gradually his market widened to include many more. The details of the scheme are very well analyzed if a little intricate and boring, but the second half when the book turns toward the personalities involved it becomes much more interesting. I had no intention to read this book because the story was so well covered in the news but it became available for free on my kindle I said give it a shot. And I am glad I did. ( )
  SigmundFraud | Nov 5, 2018 |
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For my colleagues at The New York Times,

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and for Larry,

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Glimpsed through the glass double doors at the end of a long prison hallway, he is not recognizable as the impassive hawk-faced man who was marched incessantly across television screens around the world less than two years ago.
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Who is Bernie Madoff, and how did he pull off the biggest Ponzi scheme in history?These questions have fascinated people ever since the news broke about the respected New York financier who swindled his friends, relatives, and other investors out of $65 billion through a fraud that lasted for decades. Many have speculated about what might have happened or what must have happened, but no reporter has been able to get the full story-until now.In The Wizard of Lies, Diana B. Henriques of the New York Times-who has led the paper's coverage of the Madoff scandal since the day the story broke-has written the definitive book on the man and his scheme, drawing on unprecedented access and more than one hundred interviews with people at all levels and on all sides of the crime, including Madoff's first interviews for publication since his arrest. Henriques also provides vivid details from the various lawsuits, government investigations, and court filings that will explode the myths that have come to surround the story.A true-life financial thriller, The Wizard of Lies contrasts Madoff's remarkable rise on Wall Street, where he became one of the country's most trusted and respected traders, with dramatic scenes from his accelerating slide toward self-destruction. It is also the most complete account of the heartbreaking personal disasters and landmark legal battles triggered by Madoff's downfall-the suicides, business failures, fractured families, shuttered charities-and the clear lessons this timeless scandal offers to Washington, Wall Street, and Main Street.

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