Christopher Silvester

What made Madoff tick?

Christopher Silvester selects the best of a crowded shelf of studies into the mind and method of the fraudster

issue 02 January 2010

Madoff: The Man Who Stole $65 Billion
Erin Arvedlund
Penguin £9.99, 320 pages
ISBN 9780141045467
✆ £7.99 (plus £2.45 p&p) 0870 429 6655



Madoff’s Other Secret: Love, Money, Bernie, and Me
Sheryl Weinstein
St Martin’s Press £14.56, 224 pages
ISBN 9780312618377


Madoff with the Money
Jerry Oppenheimer
Wiley & Sons £16.99, 272 pages
ISBN 9780470504987
✆ £13.59



The Believers: How America Fell for Bernard Madoff’s $65 Billion Investment Scam
Adam LeBor
Weidenfeld & Nicolson £18.99, 312 pages
ISBN 9780297859192
✆ £15.19



It is less than a year since Bernard Madoff took his sons into his confidence about the true nature of his fund management business, in which they were junior partners, and they accordingly reported him to the US authorities. With the anniversary approaching, there are already several books available about America’s greatest ever fraudster. Most mention a figure of $65 billion, although, as Erin Arvedlund points out in the best of these books, Madoff: The Man Who Stole $65 Billion, this figure is misleading, since ‘it included phantom gains Madoff had been booking in client accounts over many years.

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