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Financial Sociopath: The Madoff Docu is a quality document about Grid America Israel today

2023-01-03T21:16:52.185Z


As much as we love crook stories, Madoff is not an ordinary crook • This is a heartless man who for decades knew that many would lose their entire lives as a result of his actions • To understand him better, the new series deals with the psychology behind his actions and claims - it was easier for him to live with the lie than with the failure


"What a wonderful man, but there is something strange about him - he never looks you in the eye"

: this is how Bernie Madoff is characterized by an investor from Palm Beach, at the very beginning of the first episode of the series, and in fact introduces us to the first series that introduces a new film character: "a sociopath financial".

In a timing that perfectly serves Kanye West's most anti-Semitic theories about how the Jews suck the world's money, a series airs tonight telling how a white Jewish man steals 64 billion dollars from people who put all their money with him, from charities and institutional investors.

And don't worry, this Jew made sure to empty the Jewish community as well.

Fascinating to find out how it was all a Ponzi scheme of showing profits and transferring investment money to investors who want to exit.

The hems are amazing: billions of dollars, thousands of clients and who knows how many regulatory teams passed through these decades, and Madoff's inclusive circus continued to run.

He preferred to lie than to fail, Bernie Madoff (archive), photo: AP

It's a well-made document - also thanks to the great similarity between Madoff and the actor who plays him - about the grid America and the one that worships stars, with a financial system that deliberately closes its eyes until one of them showed them how without making almost any financial transaction, you can steal billions of real dollars.

How much we love rogue stories, and how much we love to understand how they don't get caught.

But Madoff is no ordinary crook.

This is a heartless man who lived with himself for decades knowing that many will lose their entire lives, and therefore the most interesting question arises: why did he do it?

The psychological key rests on the strongest statement in the series: "The choice Madoff made was that he could live with himself as a liar, much more than living with himself as a failure."

When Robert De Niro played Bernie Madoff in "Wizard of Liars," he declared: "I tried, but I can't understand him."

Here, Joe Berlinger ("Conversations with a Murderer") also tried to solve the Madoff puzzle, but also the entire escape room: for four episodes, he conducts interviews with informants about Madoff, employees who suspected nothing and continued to admire the boss, the investigators of the Securities Authority, And especially victims who lost their entire lives.

For the first time, never-before-seen video clips of Madoff himself from prison are also revealed, and with an angry smile almost saying to the camera, "You are guilty."

The victims lost all their lives, Madoff (archive),

The documentary does bring new revelations, but it was mainly created to tell how it is impossible to commit a Ponzi fraud on such a scale - and to think that it is the act of one person: for the first time it is revealed that behind every successful con artist there is a mastermind in financial tricks named Frank DiPescali, who helped him cover up the fraud, and more An array of soldiers forging documents and misrepresentations.

Only at the age of 70, when Madoff began to lose control and lose money, was he arrested by the FBI, along with the entourage that surrounded him.

He died in prison at the age of 82, which makes one wonder how it only takes 12 years for such a doco to get out, when in the meantime it becomes clear again that the financial system has learned nothing.

For those who think that another Madoff like this can no longer grow, just recently we were exposed to the billions fiasco of Sam Bankman-Fried of the FTX exchange, who took advantage of the public's innocence regarding the crypto industry - and once again it is possible for experts and investment houses to pour in billions of dollars, without bothering to understand what our money did today .

"Madoff: The Monster of Wall Street", Netflix

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Source: israelhayom

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