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Monday Morning Memo


Bernie Madoff perpetrated the biggest Ponzi scheme in human history, and before he died in prison in 2021, he met Richard Behar face-to-face 3 times, had more than 50 phone conversations with him, and exchanged more than 300 emails. How did Bernie Madoff pull it off? Who were his accomplices? Why were his investors so gullible? How can you make sure it never happens to you? You’ll hear the answers to these questions and others, including a couple of recordings of phone conversations between the two men, as investigative reporter Richard Behar reveals The Real Bernie Madoff.

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Random Quote:

“…death followed him everywhere, sniffing at the cuffs of his pants, but never deciding to give him the final clutch of its claws. He was a fugitive from all the plagues and catastrophes that had ever lashed mankind. He had survived pellagra in Persia, scurvy in the Malayan archipelago, leprosy in Alexandria, beriberi in Japan, bubonic plague in Madagascar, an earthquake in Sicily, and a distastrous shipwreck in the Strait of Magellan. That prodigious creature, said to possess the keys of Nostradamus, was a gloomy man, enveloped in a sad aura, with an Asiatic look that seemed to know what there was on the other side of things. He wore a large black hat that looked like a raven with widespread wings, and a velvet vest across which the patina of the centuries had skated. But in spite of his immense wisdom and his mysterious breadth, he had a human burden, an earthly condition that kept him involved in the small problems of daily life.”

- Gabriel Garcia Marquez, describing the gypsy Melquiades in One Hundred Years of Solitude, p. 6

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