Thursday, February 17, 2011

Scamaramalamadingdong! Hoboken Resident Diana B. Henriques Writes Book About Bernie Madoff

When I saw the cover of the book "The Wizard of Lies" in my email box I thought it could be about Beth Mason, Tim Occhipinti or Mike Russo based on their recent fact challenged statements, press releases or City Council behavior. But alas, I was wrong. This book by Hoboken resident Diana B. Henriques is set to hit the shelves on April 26, 2011 and covers the story of the biggest scam artist of perhaps our century/all time, Bernie Madoff. Diana is the definitive source on this topic and I look forward to reading the detail behind the rise and fall of one of the worlds true financial arch villains.

The inside story of Bernie Madoff and his $65 billion Ponzi scheme, with surprising and shocking new details from Madoff himself.

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

These questions have fascinated people ever since the news broke about the respected New York financier who swindled his friends, relatives, and other investors out of $65 billion through a fraud that lasted for decades. Many have speculated about what might have happened or what must have happened, but no reporter has been able to get the full story--until now.

In The Wizard of Lies, Diana B. Henriques of The New York Times--who has led the paper's coverage of the Madoff scandal since the day the story broke--has written the definitive book on the man and his scheme, drawing on unprecedented access and more than one hundred interviews with people at all levels and on all sides of the crime, including Madoff's first interviews for publication since his arrest. Henriques also provides vivid details from the various lawsuits, government investigations, and court filings that will explode the myths that have come to surround the story.

A true-life financial thriller, The Wizard of Lies contrasts Madoff's remarkable rise on Wall Street, where he became one of the country’s most trusted and respected traders, 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 downfall--the suicides, business failures, fractured families, shuttered charities--and the clear lessons this timeless scandal offers to Washington, Wall Street, and Main Street.

The book is available April 26 in bookstores everywhere.

But you can pre-order now:
Barnes and Noble:

My comment: I will definetely be buying this book. Living in Hoboken has made me focus on corruption since we have seen it first hand and I believe it is still happening in our elections. ◦