Fiction is predictive. In my novel, The Trust, a Catholic charity launders money through a sex superstore. Total fiction from the depths of my imagination. Several months after The Trust was published, Connecticut authorities indicted a Catholic priest for cooking...
The Federal Bureau of Investigation arrested Bernie Madoff on Dec. 11, 2008. His guilty plea and 150-year prison sentence were almost non-events, at least compared with the finger-pointing, lawsuits and trials that have ensued. They turned the Ponzi scheme into a gift...
Bernie Madoff confessed his Ponzi scheme on December 10, 2008. This Thursday, November 21, 2013, the Wall Street Journal is running my column, Five Years of Bernie. Mark your calendars. In the article, I list several lessons from Madoff’s fraud. Hopefully,...
People email me all kinds of things. Photos. Gossip from Wall Street. Viral jokes. About anything you can imagine. Sometimes I get stuff from the wrong side of barbed-wire fences. Like today. This photo of Bernie Madoff arrived fifteen minutes ago from...
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...
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.