The Wizard of Lies Bernie Madoff and the Death of Trust [Paperback]

An impressive, meticulously reported postmortem. . . .The Wizard of Liesis the definitive book on what Madoff did and how he did it. Bloomberg Businessweek

Who is Bernie Madoff, and how did he pull off the biggest Ponzi scheme in history?

This question has fascinated people ever since the news broke about the New York financier who swindled his friends, relatives, and other investors out of $65 billion. And inThe Wizard of Lies,Diana B. Henriques ofThe New York Timeshas written the definitive book on the man and his scheme, drawing on unprecedented access and more than one hundred interviews, including Bernie Madoff's first interviews for publication since his arrest. Henriques also provides vivid details from the lawsuits and government investigations that explode the myths that have come to surround the story, and in a revised and expanded epilogue she unravels the latest legal developments.

A true-life financial thriller,The Wizard of Liescontrasts Madoff's remarkable rise on Wall Street with dramatic scenes from his accelerating slide toward self-destruction. It is also the most complete account of the heartbreaking personal disasters and landmark legal battles triggered by Madoff's downfallthe suicides, business failures, fractured families, shuttered charitiesand the clear lessons this timeless scandal offers to Washington, Wall Street, and Main Street.

Riveting reading. . . . [Henriques] probably knows more than anyone outside the FBI and the Securities and Exchange Commission about the mechanics of the fraud. As a consequence, inThe Wizard of Liesshe is able to add significant detail to the story. . . . In the end the story holds us not because of the engrossing details of the scam, but because of the human dimension. Liaquat Ahamed, The New York Times Book Review

Henriques offers an impressive, meticulously reported postmortem not only of tls"