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
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 100 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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