Overview

"The Jekyll and Hyde of Wall Street, Madoff has become the poster boy for the greed, arrogance, and duplicity behind the financial crisis. For decades he built fortunes, on paper, for an exclusive circle of admiring clients and friends who saw him as an honest, hardworking family man and philanthropist. Little did they understand that this compassionate 'regular guy' was also an egotistical charlatan willing to stop at nothing to promote himself and increase his personal wealth. Madoff's hollow empire imploded on December 11, 2008, when the 70-year-old titan was arrested and charged with 70 counts of fraud and money laundering amounting to almost $70 billion. While thousands of his investors lost money, the severity of the damage is yet to be completely assessed, for those personal losses are compounded by Madoff's influence over the U.S. economy, government institutions, and charitable religious organisations. In this shocking and illuminating biography, Andrew Kirtzman interviews numerous people from every facet of Madoff's life to tell the complete story and answer many troubling questions that remain, including: who is Bernie Madoff; why did he do it; what were the demons that led his descent into unfathomable immorality; how did he convince so many people to believe in his scheme that to others seemed transparently corrupt; and, why did the government ignore so many warnings of his crime. A compelling tale of money and celebrity, corruption and excess, ""Betrayal"" is a cautionary tale for us all."

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9780061870767

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Reviews

Andrew Kirtzman's Betrayal offers the biggest payoff of the three [Madoff] books. It's a perfect meld of business details and personalities. . . . He has perfect pitch when it comes to the agony and shame of the Jewish community. -- Time magazine

Andrew Kirtzman's Betrayal offers the biggest payoff of the three [Madoff] books. It's a perfect meld of business details and personalities. . . . He has perfect pitch when it comes to the agony and shame of the Jewish community. --Time magazine Kirtzman's book is the more engaging read, focusing much more on Madoff himself and on the anger and shame his crimes provoked, whether in the Fifth Avenue Synagogue in New York or the confines of the Palm Beach Country Club in Florida. --Reuters Accurate and highly readable. --Wall Street Journal

Author Information

"Andrew Kirtzman has written a biography of Rudy Giuliani, covered more than a dozen national political campaigns for print and television, and hosted two of New York's most widely watched public affairs shows. In September 1999, Brill's Content magazine named Kirtzman one of New York's 10 Most Influential Journalists. In 2003, his week-in-review feature ""Kirtzman's Column"" won an Emmy Award for outstanding political programming."

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