Believers: How America Fell for Bernard Madoff's $65 Billion Investment Scam

Believers: How America Fell for Bernard Madoff's $65 Billion Investment Scam by Adam LeBor


Authors
Adam LeBor
ISBN
9780297859215
Published
Released
02 / 11 / 2009
Binding
Paperback
Pages
304
Dimensions
135 x 215 x 23mm

It was luxurious Palm Beach, by the manicured lawns and Olympic-sized swimming pool, that financier Bernard Madoff ravaged the world of philanthropy and high society he had strived so hard to join, vaporising the assets of charities, foundations and individuals that had trusted him with their funds. It seems nothing was sacrosanct to Madoff, possibly the greatest con-man in history. Even Elie Wiesel's foundation has lost tens of millions. But Wiesel was hardly alone in trusting the rogue financier. How could some of the most sophisticated and worldly people in America fall victim to a collective delusion for year after year? THE BELIEVERS answers these unsettling questions. It opens up the clubbish world where Madoff operated, tracing the links from Palm Beach and The Hamptons to the salons and clubs of Manhattan society. It details the network of relationships across which flows hundreds of millions of dollars. THE BELIEVERS shows how despite material success and acclaim, some human impulses remain eternal.
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