Arvedlund provides a fascinating view of the financial dealings of Bernie Madoff, who was at the helm of a $65 billion Ponzi scheme that broke wide open in late 2008. The author digs deeply into Madoff's career to unravel the secret maneuverings that eventually wiped out investors from coast to coast - many of whom had invested all their savings with Madoff. Karen White narrates in a steady tone that sounds like broadcast reporter breaking a complicated story. White's flawless performance, combined with Arvedlund's exposé, draws the listener into this compelling story of financial sleight of hand. Listeners will be tempted to listen without a break. White's subtly inflected voice disappears into the background, placing the scandal - and those ruined by it - front and center.
©2009 Erin Arvedlund; (P)2009 Tantor
Arvedlund's book is a mostly boring financial account of the scandal, with little inside information into the why and how of the biggest ponzi scheme ever. Why not focus more on investigating the more interesting questions of why and when the scam started? It It seems like she is just trying to cash in on the Barron's article she wrote, which itself had little new information compared to the marhedge article that appeared before hers. Markopolis' account is much more interesting, containing a narrative that follows the timing of the event and his personal account of those events.
Her's is however, thoroughly researched and presumably the most through and detailed account.
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