Too Good to Be True: The Rise and Fall of Bernie Madoff - Tapa dura

Arvedlund, Erin

 
9781591842873: Too Good to Be True: The Rise and Fall of Bernie Madoff

Sinopsis

Despite all the headlines about Bernard Madoff, who pleaded guilty to running a $65 billion Ponzi scheme, he is still shrouded in mystery. Why (and when) did he turn his legitimate business into a massive fraud? How did he fool so many smart investors for so long? Who among his family and employees knew the truth?
The best person to answer these questions - and tell the full story of Madoff's rise and fall-is Erin Arvedlund. In early 2001, she was suspicious of the amazing returns of Madoff's hedge fund, which no one could explain. Her article in Barron's, based on more than one hundred interviews, could have prevented a lot of misery, had the SEC followed up.
Now Arvedlund tackles the tough questions that are still unanswered in the wake of Madoff's collapse:
Did he start off as a legitimate money manager or was he a fraud from the beginning? Were there indications of larceny at the very start of his career?
Why did Madoff's biggest supporters within the industry, such as Walter Noel of Fairfield Greenwich and Ezra Merkin of Gabriel Capital, ignore the warning signs that were so apparent? Did they choose to remain ignorant as long as their commissions rolled in?
Why did SEC investigations fail to catch Madoff's Ponzi scheme even though several people had voiced concerns about his operation?
Who else helped Madoff carry out his scam? His family and close associates have denied any involvement, but was it possible for one man to engineer a heist of such scope?

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Acerca del autor

Erin Arvedlund is an investigative journalist who has written for BarronÂ’s, The Wall Street Journal, The New York Times, TheStreet.com, and Portfolio.com. In 2001, she wrote the first skeptical article about Bernard Madoff for a major publication. This is her first book.

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Otras ediciones populares con el mismo título

9781591842996: Too Good to Be True: The Rise and Fall of Bernie Madoff

Edición Destacada

ISBN 10:  1591842999 ISBN 13:  9781591842996
Editorial: Penguin Publishing Group, 2010
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