In interviews with 60 Minutes and the New York Times, Ruth Madoff admitted for the first time that she and Bernie Madoff attempted suicide shortly after his Ponzi Scheme began to unravel.
S.E.C. Inspector General David Kotz released a report stating that the agency had missed numerous opportunities to bust Bernie Madoff and his 16-year Ponzi scheme. The Takeaway talks to David Scheer, S.E.C. reporter for Bloomberg News.
The sixth book on the life of convicted Ponzi schemer Bernie Madoff hits bookstores today. The Takeaway speaks to Motoko Rich, who covers the publishing industry for The New York Times, along with author and journalist Erin Arvedlund.
Bernie Madoff could spend the rest of his life in prison. Joining The Takeaway are two victims who were financially wiped out by Madoff: Carol Baer, the owner of Popover Cafe in New York City, and Cynthia Crane, a Cabaret singer.
When comedian Andy Borowitz read that Bernard Madoff’s relatives were looking for a guide to help Bernie in prison, he wrote ?Who Moved My Soap: The CEO’s Guide to Surviving in Prison.’ Borowitz joins The Takeaway with some helpful hints for Madoff.
Federal Reserve Chairman Ben Bernanke gave a public speech about his take on how to prevent another Madoff scheme. Oliver Ellsworth, a University of Connecticut law professor provides a legal perspective on Bernanke’s speech.