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Bernie Madoff’s son’s suicide. And why I think Bernie committed fraud

wizard of lies

I recently saw the HBO special, Wizard of Lies–the story about Bernie Madoff’s Ponzi scheme. It’s a HBO movie based on true facts.

I had some thoughts on Mark Madoff’s suicide as well as what drove Bernie Madoff to commit the 65 billion dollar fraud of the century.

The media

Any time there is a scandal, the media go into full throttle feeding frenzy. The national media has become ratings whores. It gives them permission to sensationalize, and to go on air without having all the facts right. (Gone are the days of Walter Cronkite.)

Living through that would … Read more...

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