First, we read that savvy investors were paying 20 cents on the dollar to Madoff victims for their claims. Quickly, inexorably, not surprisingly—investor bids ticked up to 25 and 30 cents. Then, we read that Jeffry Picower's widow settled with the...
First, we read that savvy investors were paying 20 cents on the dollar to Madoff victims for their claims. Quickly, inexorably, not surprisingly—investor bids ticked up to 25 and 30 cents. Then, we read that Jeffry Picower's widow settled with...
The news about Bernard Madoff never stops. According to The New York Times this morning, the Madoff trustee is seeking $19.6 billion from an Austrian banker. And moments ago we learned that Mark Madoff committed suicide. With the loss of his son, I...
Step One: Don't ask questions. Step Two: Wire $100 million to outside bank account. Step Three: Repeat as necessary. Sixty Minutesran a terrific segment about Marc Dreier yesterday. He masterminded a Ponzi Scheme that totaled $400 million and funded his...
Step One: Don't ask questions. Step Two: Wire $100 million to outside bank account. Step Three: Repeat as necessary. Sixty Minutes ran a terrific segment about Marc Dreier yesterday. He masterminded a Ponzi Scheme that totaled $400 million and...
The New York Times describes my novels as “money porn,” “a red-hot franchise,” and “glittery thrillers about fiscal malfeasance.” Through fiction I explore the dark side of money and the motivations of those who have it, want more, and will steamroll anybody who gets in their way.
The New York Times describes my novels as “money porn,” “a red-hot franchise,” and “glittery thrillers about fiscal malfeasance.” Through fiction I explore the dark side of money and the motivations of those who have it, want more, and will steamroll anybody who gets in their way.