…participating with De Niro in an improvised interview scene was surreal. “Bob is having to answer those questions extemporaneously, out of Bernie Madoff’s brain.”
Recent discussion at the The Television Critics Association shed some light on how De Niro “became” Madoff for HBO’s upcoming adaptation of The Wizard of Lies. Read the full article here.
“She advised that journalists be extra alert when interviewing people like Madoff to avoid getting swept up in charm and potential lies. The story seemed to resonate with students in the audience.”
Maya Lora wrote an interesting synopsis of a recent talk given at Washington and Lee University in Lexington, Virginia. It is always inspiring to have an opportunity to discuss research and reporting with the next generation of journalists.
Read the full article here.
“…jurors rejected the former employees’ central defense: that only Mr. Madoff had known the evil purpose behind the chores he told them to carry out, while they had simply trusted for decades in the honesty of a man widely known and respected on Wall Street”
“…five years later, many of his victims are still waiting to learn if they will recover even a small fraction of the wealth they lost. And some anxious investors, who withdrew much more than they put into their Madoff accounts, are facing lawsuits that seek to reclaim profits that, unknown to them, were paid with stolen money.”
The largest category of victims in the vast Ponzi scheme run by Bernard L. Madoff — those who lost cash through accounts with various middleman funds — will be first in line for compensation from a $2.35 billion fund collected by the Justice Department.
Read full article.
In eastern Ohio, Amish and Mennonite communities grapple with questions of faith and finance as a neighbor stands accused of a Ponzi scheme.
Regulators and mutual fund executives differ on the stability of money market funds since the financial crisis. The S.E.C. is expected to soon propose more changes in the industry.