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Madoff Talks
Book

Madoff Talks

Uncovering the Untold Story Behind the Most Notorious Ponzi Scheme in History

Jim Campbell
McGraw-Hill, 2021

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Editorial Rating

8

Qualities

  • Comprehensive
  • Eye Opening
  • Insider's Take

Recommendation

As the stock market has climbed in recent years, the public’s recall of scammer Bernie Madoff has largely faded. In this study years after the fact, radio host Jim Campbell relies on his conversations with Madoff and his wife Ruth to shed some new light on the $65 billion fraud. Campbell’s book is well-timed – Madoff died in prison shortly before the work was published. With the benefit of perspective, Campbell unearths some gems, including new insights into Madoff’s skill as a manipulator. Perhaps most important, this postmortem serves as a reminder that greed and deceit remain powerful forces. 

Take-Aways

  • After decades of duplicity, the biggest fraud in Wall Street history imploded.
  • Despite the success of his legitimate business, Bernie Madoff felt compelled to run a criminal enterprise.
  • Madoff’s hedge fund existed in secrecy.

About the Author

Jim Campbell is the host of the nationally syndicated radio show Business Talk with Jim Campbell. He is founder and president of JC Ventures, a management consultancy.

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