His wife ruth. I trusted him. And son andrew. Thats who i am. My name is madoff. And ill live with that for the rest of my life. Speak out about crime, guilt, suicide. Mr. Madoff, what do you have to say for yourself . And the day bernie admitted to committing the largest financial fraud in history. And he said, i have a confession to make. Ive been running a ponzi scheme. [ticking] do you think you could pull off this scam today . Given the same security measures . Yep. Easily. Piece of cake. Sam eshaghoffs scam was getting paid thousands of dollars to take the s. A. T. Test for other students. He did it at least 16 times, scoring in the 97th percentile of the country. I would call him an academic gun for hire. Thats what he was. Welcome to 60 minutes on cnbc. Im bob simon. In this edition, we examine two very different kinds of fraud. Bernie madoffs wife and surviving son break their silence about wall streets most infamous criminal. And later, we visit a high school con man who figu
Is the fiscal cliff already here . Church bells will ring 26 times for the victims in sandsy hook. One week after the terrible tragedy. Friday, december 21st. Starting point begins right now. Good morning, a Major Political blow for House Speaker john boehner, one that will affect his position. House republicans abandons him, and it forced the speaker to cancel a vote on plan b which would have extended bush tax cuts on incomes below 1 million. Congressional correspondent dana bash there was and watched it unfold. Walk us through what happened . It really was stunning. That is the perfect word, soledad. I was watching all day, talking to republicans to try and figure out if the speaker had the votes. Really hard to imagine he was so far out. So far out on this being a strategy. Republicans want to prove that they wont let things go up. I was watching earlier votes. Watching the Speakers Team on the floor, trying to twist arms and trying to get republican votes, and clear from the expre
Do you think you could pull off this scam today . Given the same security measures . Yep. Easily. Piece of cake. Sam eshaghoffs scam was getting paid thousands of dollars to take the s. A. T. Test for other students. He did it at least 16 times, scoring in the 97th percentile of the country. I would call him an academic gun for hire. Thats what he was. Welcome to 60 minutes on cnbc. Im bob simon. In this edition, we examine two very different kinds of fraud. Bernie madoffs wife and surviving son break their silence about wall streets most infamous criminal. And later, we visit a high school con man who figured the best way to make the grade was to cheat the s. A. T. S but first, in december 2008, Bernie Madoff confessed to running a 65billion ponzi scheme, the largest financial fraud in history. While madoff is serving 150 years in prison, his family had to deal with the consequences of his crimes. His wife ruth divested of most of her great wealth and derided by a suspicious world. Th
Plus, we have new details about adam lanza tonight. And then inside the mind of a killer. We talked to a doctor whos studied brains of 34urders for decades and has found a very specific pattern. You will be able to see it too. Breaking news at this hour. House Speaker John Boehner pulls his own tax plan, he couldnt get the votes from his own party. What does this mean for the fiscal cliff . Lets go outfront. Good evening, everyone. Outfront tonight, a new phase in the newtown, couldnt could not shooting investigation. We are also learning some new details about adam lanza. The 20yearold gunman behind last weeks horrific Elementary School shooting. This, as the Small Community tries to heal and make sense of what happened, not even one week ago. There were six funerals today. Three of them were for first graders. Allison wyatt, Benjamin Wheeler and catherine hubbard. Family and friends said goodbye to substitute teacher lauren russeau, Anne Marie Murphy and principal dawn hochsprung. Al
Its great to be here this morning. And life is going on in many ways. Take a look right now at the lines at chicago ohare airport. More than 1,000 flights were canceled. And there are going to be long waits this weekend. Its a major hub for the country. A lot of flights if youre not going to chicago, go through chicago. A. Busy travel day. Were closer than ever to going over that fiscal cliff. The latest republican plan to block tax increases on almost everyone failed last night. Its created some chaos in washington and a rough day in the financial markets. And we switch gears, george, four days left to get your christmas presents. If you havent done it yet, dont worry. We have incredible deals. Lets get right to the wild weather across the nation, creating trouble for holiday travel. Our team is tracking it this morning, beginning with sam. Good morning, sam. Good morning, george. As the storm that terrorized the country, now that its moved in the northeast, it is a big heavy rain sit