April 5, 2009

Madoff's world

A fun read (well, I didn't have my money with Bernie) from Vanity Fair:
Madoff�s World
Among Bernard Madoff�s many dupes were his closest friends, including two tycoons he loved as surrogate fathers: the late Norman F. Levy�whose girlfriend, supermodel Carmen Dell�Orefice, would lose her life savings�and the prominent philanthropist Carl J. Shapiro. Amid the sobs, screams, and curses in Aspen, Palm Beach, and New York, with victims sharing their stories, the author gets behind Madoff�s affable fa�ade, to reveal his most intimate betrayals.
What follows is a wonderful eight-page insight into Madoff's world. One tiny excerpt:
�There must be some new word invented to describe the way you have redefined betrayal.�
I am still amazed that he thought he could pull it off -- there is no way to back out of a Ponzi Scam -- none. Posted by DaveH at April 5, 2009 12:50 PM
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