Title
Too Good to Be True: The Rise and Fall of Bernie Madoff,Used
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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 questionsand tell the full story of Madoffs rise and fallis Erin Arvedlund. In early 2001, she was suspicious of the amazing returns of Madoffs hedge fund, which no one could explain. Her article in Barrons, based on more than one hundred interviews, could have prevented a lot of misery, had the SEC followed up.But almost no one was willing to believe anything bad about "Uncle Bernie"so nice, so humble, so generous to charities. As Arvedlund shows, Madoff was no ordinary liar, but a master of the type of lies people really wanted to believe. He kept his clients at a distance and allowed handsomely paid friends to solicit new ones for him; playing hard to get created an irresistible mystique.Now, Arvedlund tackles the tough questions that are still unanswered in the wake of Madoffs 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 Madoffs 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 Madoffs 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?With her keen investigative eye, Arvedlund presents a sweeping narrative of Madoffs careerfrom his youth in Queens, New York, to his early days working for his fatherinlaw, to his time as chairman of the NASDAQ exchange, and finally to infamy as the worlds most notorious swindler. She offers a riveting glimpse of Madoff the manan indifferent student with little ambition who transformed himself into a star with a talent for trading, a reputation for innovation, and an unmistakably erratic nature.Readers will be fascinated by Arvedlunds portrayal of Madoff, his empire, and all those who never considered that he might be too good to be true.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.
- Q: How many pages does this book have? A: This book contains three hundred twenty pages. It provides a detailed account of Bernie Madoff's life and fraudulent activities.
- Q: What is the binding type of this book? A: This book is hardcover. This ensures durability and a premium feel, making it a great addition to your bookshelf.
- Q: What are the dimensions of this book? A: The book measures six point thirty-four inches in length, one point fourteen inches in width, and nine point twenty-nine inches in height. These dimensions make it easy to handle and store.
- Q: Who is the author of this book? A: The author is Erin Arvedlund. She is known for her investigative work and in-depth analysis of financial matters.
- Q: What genre does this book belong to? A: This book is classified under economic history. It explores the rise and fall of a notorious financial figure.
- Q: Is this book suitable for young readers? A: No, this book is not specifically suitable for young readers. It deals with complex financial themes and adult situations.
- Q: What themes are explored in this book? A: This book explores themes of deception, trust, and the consequences of greed. It provides insights into human behavior regarding financial investments.
- Q: How should I store this book? A: Store this book in a cool, dry place, upright on a shelf. This will help preserve its binding and cover quality.
- Q: How do I clean the book's cover? A: Wipe the cover with a soft, dry cloth. Avoid using any liquid cleaners, as they might damage the cover.
- Q: What if the book arrives damaged? A: If the book arrives damaged, you should contact customer support for a return or exchange. They will guide you through the process.
- Q: Can I return this book if I don't like it? A: Yes, you can return the book if you are not satisfied. Check the return policy for specific conditions and timelines.
- Q: Is there a warranty for this book? A: No, there is no warranty for this book. Books are typically sold as-is without warranties.
- Q: How do I know if this book is the right choice for me? A: If you are interested in financial history and true crime, this book is a great choice. It provides an engaging narrative of Bernie Madoff's life.
- Q: What sets this book apart from other financial books? A: This book stands out due to its thorough investigative approach and the unique perspective of the author, Erin Arvedlund.
- Q: Is this book appropriate for book clubs? A: Yes, this book is appropriate for book clubs. Its themes and discussions can lead to engaging conversations.