NO INNOCENT EXPLANATION: Bernie Madoff and the Fraud the World Wanted to Believe
M. Muñoz
M. Muñoz · AI-narrated by Martin (from Google)
headphones
Audiobook
4 hr 12 min
Unabridged
family_home
Eligible
info
text_to_speech
AI-narrated
Want a free 25 min sample? Listen anytime, even offline.
Add
About this audiobook
On December 10, 2008, a seventy-year-old Wall Street legend confessed to his own sons that his investment business was, in his words, "one big lie." Within hours the FBI arrested him, and the world discovered it had just watched the largest and longest-running Ponzi scheme in history collapse: sixty-five billion dollars in phantom wealth, built over nearly five decades and unraveled in a single week.This book asks the only question that truly matters: not how one man deceived the world, but why the world, at every level, chose not to look. It reconstructs the mechanics of the fraud from Charles Ponzi's original scheme to Madoff's own architecture of trust; the psychology that turned bankers, celebrities, and Nobel laureates into willing believers; the whistleblower who proved the fraud mathematically nine years before it collapsed and was ignored again and again; and the regulator that held the evidence in its hands and let it go. A rigorous, deeply human account of the fraud that redefined how far trust can be stretched before it breaks, and a warning that its anatomy is still alive today, closer than you think.
On December 10, 2008, a seventy-year-old Wall Street legend confessed to his own sons that his investment business was, in his words, "one big lie." Within hours the FBI arrested him, and the world discovered it had just watched the largest and longest-running Ponzi scheme in history collapse: si...
Discover more
Rate this audiobook
Tell us what you think.
Listening information
Smartphones and tablets
Install the Google Play Books app for Android and iPad/iPhone. It syncs automatically with your account and allows you to read online or offline wherever you are.
Laptops and computers
You can read books purchased on Google Play using your computer's web browser.
