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Madoff robbed victims 37,000 victims in 136 countries of $64.8 billion, taking one s money to pay off the other, for two decades before finally being arrested in 2008 after his two adult sons turned him in.
He never showed any remorse, and described his victims as greedy , according to New York Magazine.
Many of his victims came from the Jewish community where Madoff had been a major philanthropist.
Bernie and Ruth Madoff in Palm Beach, Florida, before his 2008 arrest. Madoff died aged 82 in prison on Wednesday
His wife, Ruth, 79, is living is Connecticut but has been seen recently in Palm Beach, Florida, where Bernie s younger brother Peter also lives with his wife Marion.
April 29th, 2021
By Geoffrey Huchel
I couldn’t let the day go by without recognizing the birthday of the legendary actress Michelle Pfeiffer. Being the superfan that I am, I’d like to celebrate her birthday by looking back at some of her performances that have captivated audiences for decades
Following a few appearances on television, the former beauty queen landed her first starring role as Pink Lady Stephanie Zinone in the musical GREASE 2 (1982). Pfeiffer’s solid performance remains the highlight of the film, and almost 40 years later, fans of the actress continue to have an enduring appreciation for the film. GREASE 2 was the film that made me a fan, and for that I will always hold it in high regard.
CBS News
Bernie Madoff: How he pulled it off
For the 12-and-a-half years between his arrest and his death this past April 14, Bernie Madoff barely said a word to reporters … or so we thought. It turns out he was engaged in extensive correspondence with a journalist named Jim Campbell – 400 pages worth.
There were handwritten letters, Campbell told correspondent Jim Axelrod. The vast bulk of 400 pages is emails. I have a chunk, they re single spaced, they re long. They re full of compulsion to explain. Very Nixonian in the need to rationalize and justify his behavior.
A few of the hundreds of pages of correspondence disgraced investor Bernie Madoff sent to Jim Campbell, author of the book Madoff Talks.
Madoff was once one of Wall Street’s most respected leaders but his company was also the front for a Ponzi scheme where new investors’ funds were used to pay existing clients. When the financial crisis hit in 2008 and too many investors asked for their cash, Madoff was forced to reveal his company was “one big lie”.
Madoff told the author he was “a product of the corrupt culture of Wall Street” and was himself a “constant critic” of that culture, which he confessed “certainly sounds strange coming from me”.
The collapse of Bernard L Madoff Investment Securities (BLMIS) ruined the lives of thousands and triggered several suicides, including that of the couple’s son Mark.