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Times Books
May 2011
On Sale: April 26, 2011
384 pages
ISBN: 0805091343
EAN: 9780805091342
Hardcover
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Non-Fiction
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.
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