<p>I may sit in Barnes and Noble and take a peak (it comes out today, I think) but I wouldn’t pay for it. If you missed the interview, the fiance of the living son receives all the money from the book. Mom was allowed to keep 2.5 million, and Son has over 60 million from his “own” biz.</p>
<p>Heard something over the weekend about some relatives now driving airport taxis. And, Mrs M has a better idea- write a book. Oh, yeah. Won’t be reading it. Probably will change the channel when blurbs about her come up.</p>
<p>Is that a typo on purpose or a mistake? MADE-Offs!</p>
<p>Not a chance.</p>
<p>^ That’s exactly what I think when hear / say their family name: He certainly MADE OFF with a lot people’s money. Truth is certainly stranger than fiction.</p>
<p>I’ve read enough about them already.</p>
<p>Not a typo but I did mean to capitalize it. The title in a post can’t be edited! Isn’t that their new name?</p>
<p>I can not imagine anything in the book that is new, or different than the hundreds of hours spent on this topic on the TV/radio already. And if there is anything new, the TV/Radio will be sure to spend way too much time talking about it! I will not be buying it.</p>
<p>How can the son possibly have 60 million? Didn’t he work for his father? And why was Ruth allowed to keep 2.5 million? </p>
<p>I have not followed this saga closely, but I think it is in poor taste for them to publish a book.</p>
<p>I think the wife was allowed to keep 2.5M because that money was inherited from her family or came from other non-illegal source.</p>
<p>I wonder if the widow of the dead son will receive anything…</p>
<p>Did anyone watch the interview with the DIL of the son than committed suicide? I think it was on 20/20. She also wrote a book. I heard Donald Trump this morning say that there is NO WAY the sons did NOT know. But I watched the DIL and she seemed very sincere. Maybe I’m incredibly naive, but she explained the dynamics of the family and it made sense.</p>
<p>The fall of America before our very eyes: corruption rewarded. Step away and don’t buy the book…</p>
<p>I watched the interview, but didn’t get the $60M number. That may be what Picard (the trustee) is suing him for, but even if it is, I doubt that he has it. If so, its discoverable. </p>
<p>I think its a tough call about the family. It seems that Bernie had an iron hand in keeping things to himself, and since he was doling out the cash, it was pretty hard to challenge him on things, if that even occurred to the sons. </p>
<p>It would be interesting to know if the sons’ business ever made any serious money. Its hard to believe that it would have made all that much.</p>
<p>My conjecture would be that the sons wondered if their father was using insider trading info, or some other illegal activity to generate his “profits”. I think it never occurred to them that the operation might be a complete fraud…which in fact is what it was. Bernie was clever to have been able to keep it going for so long. He only took money from investors that he know were “dupable”. If he’d accepted investments from anyone who was at all sophisticated, he’d have been found out in instantly. Most of the professionals who took a look at the “results” and the overall operation concluded that something was wrong (instantly).</p>
<p>Anyone who is legit has a real auditor. Especially if they are of the size that Madoff claimed to be. I would’ve liked for Morely Safer to ask some better questions of the son. It was largely a softball interview.</p>
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<p>And the SEC who supposedly investigated him?</p>
<p>Not a prayer in hell. Wouldn’t give anyone in that family a nickel. I saw too many good people and great foundations devastated. </p>
<p>The SEC should have cited Madoff multiple times. The turned a blind eye. Too bad they take no responsibility…</p>
<p>The son admitted on the 60 Minutes interview last night that he, and most of the other traders in the business made about 60 million each over ten years while Bernie was upstairs, managing the Ponzi scheme and sending down that money to be traded. </p>
<p>So there is certainly an argument to be made for the Feds to go after that cash. I suspect Bernie and his lawyers also managed to hide away other funds in discrete offshore accounts.</p>
<p>I agree with Dadx that the questions were pretty soft; and suspect the whole thing was done to sell the book and divert guilt from the surviving son and mom.</p>
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<p>Not exactly a reliable source. I agree with dadx in that they may have suspected some insider info being exchanged but not that the whole business was a Ponzi scheme.</p>
<p>I saw the 60 Minutes interview and found the son believable. Either he’s a terrific actor or he truly had no idea what his father was doing. From what I’ve read about Bernie, it is not at all inconceivable that his family hadn’t a clue about his nefarious dealings. The son is being sued for $60 million but it’s doubtful that he has anything close to that in assets. </p>
<p>I doubt that I will read the book.</p>
<p>Wouldn’t buy the book. I saw the 60 Minutes interview last night and an ABC interview with the widow of the son.</p>
<p>Bernie’s wife was not the least bit sympathetic, IMO. I don’t believe the story about their suicide attempt, and I can’t believe how unemotional she was when talking about her son’s suicide. The son came off a little more believable, but I’m not shedding a lot of tears for him.</p>
<p>The widow in the earlier interview came off the best. What a burden to raise those two kids with the shame surrounding their name and without a dad.</p>
<p>I’m not sure what to think about who knew what. Bernie did seem to keep his business close to the vest. You would hope it was to shield his family, but I really don’t know. Regardless, I don’t have a lot of sympathy for the whole lot of them.</p>
<p>Sonya Kohn</p>
<p>[Madoff</a> Trustee Seeks $19.6 Billion From Austrian Banker - NYTimes.com](<a href=“http://dealbook.nytimes.com/2010/12/10/madoff-trustee-seeks-19-6-billion-from-austrian-banker/]Madoff”>Madoff Trustee Seeks $19.6 Billion From Austrian Banker - The New York Times)</p>
<p>Who remembers this photo of the woman who was one of his major cohorts who looks very much like the Tootsie character or was it Mrs. Doubtfire?</p>
<p>Talk about ugly!</p>