In December 2008, amidst a world gripped by financial crisis, Bernard Madoff, a respected fund manager, and former chairman of NASDAQ, was arrested by the FBI for reportedly bilking thousands of trusting investors out of $50 billion. In the first comprehensive account of this financial mastermind's epic Ponzi scheme,Catastrophe
exposes the real story behind Madoff's upstanding façade - his family's involvement and his unlikely rise and incredible crash.
This audiobook defines and explains the whole diabolical debacle, including how he seduced and persuaded sophisticated investors, how he evaded SEC watchdogs, and how his far-reaching crime pervaded the world. With first-hand victim accounts lending human interest, the book peels back Madoff's persona layer by layer, revealing how he developed his elaborate deceit and how and why he targeted and scammed the world of Jewish philanthropy.
©2009 Deborah Strober; (P)2009 Phoenix