Ponzi Supernova

Length: 2 hrs and 30 mins
4.5 out of 5 stars (80 ratings)

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Publisher's Summary

To find out how the greatest financial fraud in history imploded, journalist Steve Fishman tracks down the victims, the federal investigators, the accomplices, and the mastermind, Bernie Madoff himself. Ponzi Supernova takes listeners through the calculated lies, frantic hi-jinx, and lax financial oversight that ultimately weaponized a Ponzi scheme into a $65 billion destructive force that reached across the globe and still has lasting effects today.

When you add Ponzi Supernova to your library you will receive all 6 episodes, each with a runtime of approximately 25 minutes.

To hear more great podcasts and short listens, visit Audible.com/AudioShows.

©2017 Audible Originals, LLC (P)2017 Audible Originals, LLC

What listeners say about Ponzi Supernova

Average Customer Ratings
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  • Overall
    4 out of 5 stars
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    4 out of 5 stars

season 2?

loved it.wish here was a season 2. this left me with a lot of questions. i am still intrigued.

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Solid production but light on content

This short audio documentary book tells the story of the Bernie Madoff ponzi scheme and features one of the few interviews with Madoff since he went to prison.

I really enjoy the audio documentary format of these books. It makes them so much more entertaining. This audio production is particularly compelling, complete with sound effects, music and skilled narration.

The salacious title reflects the overall tone of this book. There is some very interesting information in here, but its tabloid, speculative tone got a bit tiring. This is a very short work, so there’s not much depth here. I was disappointed it didn’t provide more information.

Still, it was an entertaining, short read and I learned a few new things.

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Engaging and informative

This dive into the world of financial schemes and crimes is always an interesting journey. This podcast is engaging and thorough in its storyline and the interviews are so fascinating. I can’t stop listening.

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  • patcarroll
  • 02-10-19

Under performing

I enjoyed other Audible documentaries but this one just lacks Substance... Pity because it is a great subject matter

3 people found this helpful

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    3 out of 5 stars
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  • Fleur de Malamute
  • 12-19-18

OK, bit of a learning curve for me

I quite liked this though I think it assumes a lot of knowledge on the listener's part. For instance, I didn't think it gave enough background about the details of the scam involved (I had to google what a Ponzi scheme was for instance, as I didn't feel the programme gave me that). And the documentary assumes that you know Madoff is a world famous crook and have some knowledge about him but I have to confess I had to Google who he even was too! A general sense of experiencing the sequel of something without any knowledge of the original.

Otherwise there's quite a lot of stuff to enjoy here. Some of the details are very amusing (crooked programmers wanting to be paid in diamonds for example). Sound quality is uneven. Kept me just about interested enough to finish but probably wouldn't listen again.

3 people found this helpful

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  • Simon
  • 12-14-18

An Insight to Raise the Blood Pressure!

This is a fairly brief insight into one of the world's biggest financial scandals. Steve Fishman shows how he gained significant people access to get at least part way under the covers of this incredible story. It's the kind of plot that just beggars belief and yet was somehow allowed to happen. I liked the way that while Fishman had to work very hard to gain the trust of key witnesses he did not allow himself to get sucked into their way of thinking and presented his own conclusions with considerable clarity.

There is a chilling message towards the end of the series about the lack of integrity that this revealed in the world's most powerful financial institutions including ways in which some of the safeguards in the system have actually been relaxed as a part of the fallout. It's more in the growing mountain of evidence demonstrating how big business especially within the financial sector is simply not working for anyone but a tiny minority.

It's worth listening to but it may well raise the blood pressure when you realise just how much collusion appears to have taken place to allow an outlandish con-man to bring financial pain to millions while many of the richest still retain fortunes made as a result.

7 people found this helpful

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  • Olly Buxton
  • 08-25-19

Great backgrounder - two reservations

Firstly there is a slightly cloying sense of wise-after-the-fact judgmentalism from the narrator. Secondly, not one mention, let alone interview, of Harry Markopoulos, who picked the fraud and reported it to the SEC in the 1990s, nor the abject performance of the SEC when presented with the information, or later when interrogated about it by the Congress select Committee... And pleaded executive privilege of all things

2 people found this helpful

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  • Mr. J. Lonsdale
  • 06-13-20

Promises more than it delivers.

A noisy and overlong pod-umentary that keeps reassuring the listener how deep it is going to go "down the rabbit hole", only to not go very deep at all. Spends more time back-splaining and paraphrasing than revealing anything new. Nevertheless, an enjoyable if ultimately simplistic romp through an already thoroughly documented case.

1 person found this helpful

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  • #earlylearning🤓📚
  • 06-10-20

nothing learned.

A huge scam but not a huge story to go with it.
Dont feel any empathy for Madoff.

1 person found this helpful

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  • Dee
  • 05-10-20

Great Story

Great story really insightful to the whole trading world and to the ponzi scheme, wish it was longer.

1 person found this helpful

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  • Neil
  • 04-30-20

More detail required to keep me engaged

Didn't really engage me properly. I felt it should have had more detail in exactly how the scam worked. It also seemed to end just as it was getting going.

1 person found this helpful

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  • Fossilandy
  • 04-18-20

Fantastic story and great presentation. G

Great presenters clarifying a tangled and fascinating story. Highly recommended it got me through 3 hours of privet trimming.

1 person found this helpful

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  • P. B. Hall
  • 02-19-20

entertaining and interesting.

I thought this would be slow but flew through the episodes. Great narration. Working backwards from telephone interviews with Madoff himself, very effectively cuts through the jargon and acronyms to paint a broad picture of this scandal and the complicit finance industry.

1 person found this helpful

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  • Brett Agnew
  • 06-18-19

enjoyable to say the least

I have never herd of this story before so it's nice to hear about it had a kind of goodfellas feel without the murder ......but I'm only a few episodes in so maybe later

2 people found this helpful

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  • Rights21
  • 05-08-18

an interesting look into the largest ponzi scheme

An interesting look in to the biggest financial mess so far. Its scary to think that the laws do little in the way to stop this kind of thing from happening and actually hamper victims in the recovery process.

1 person found this helpful