Catastrophe and over one million other books are available for Amazon Kindle. Learn more
Qty:1
  • List Price: $14.95
  • Save: $2.27 (15%)
FREE Shipping on orders over $35.
Only 3 left in stock (more on the way).
Ships from and sold by Amazon.com.
Gift-wrap available.
Catastrophe: The Story of... has been added to your Cart
FREE Shipping on orders over $35.
Used: Very Good | Details
Sold by monarchbooksusa
Condition: Used: Very Good
Comment: Paperback, Condition: Very Good; light creasing to cover and spine.
Have one to sell? Sell on Amazon
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more
See this image

Catastrophe: The Story of Bernard L. Madoff, the Man Who Swindled the World Paperback – March 15, 2009


See all 6 formats and editions Hide other formats and editions
Amazon Price New from Used from
Kindle
"Please retry"
Paperback, March 15, 2009
$12.68
$0.01 $0.01
Best%20Books%20of%202014
$12.68 FREE Shipping on orders over $35. Only 3 left in stock (more on the way). Ships from and sold by Amazon.com. Gift-wrap available.


Frequently Bought Together

Catastrophe: The Story of Bernard L. Madoff, the Man Who Swindled the World + Too Good to Be True: The Rise and Fall of Bernie Madoff
Price for both: $23.03

Buy the selected items together

NO_CONTENT_IN_FEATURE

Holiday Deals in Books
Holiday Deals in Books
Find deals for every reader in the Holiday Deals in Books store, featuring savings of up to 50% on cookbooks, children's books, literature & fiction, and more.

Product Details

  • Paperback: 294 pages
  • Publisher: Phoenix Books (March 15, 2009)
  • Language: English
  • ISBN-10: 1597776408
  • ISBN-13: 978-1597776400
  • Product Dimensions: 8.9 x 6.1 x 0.7 inches
  • Shipping Weight: 14.4 ounces (View shipping rates and policies)
  • Average Customer Review: 3.0 out of 5 stars  See all reviews (38 customer reviews)
  • Amazon Best Sellers Rank: #2,202,106 in Books (See Top 100 in Books)

Editorial Reviews

From Publishers Weekly

With his arrest on Dec. 11, 2008, the world first learned that Wall Street trader and former NASDAQ chairman Bernard Madoff was allegedly running the largest Ponzi scheme in history, a $50 billion scam constructed over decades. Husband and wife writing team the Strobers (Billy Graham, The Nixon Presidency) set out to discover "what sort of person could have coldly stolen from those who had entrusted him... in many instances, with their life savings?" Born in 1938, Madoff was an unmemorable student who, in his mid-twenties, got into investing with $5000. His rags-to-riches story helped him become one of the most trusted men in the financial world, delivering fantastic returns to clients like Kevin Bacon, Stephen Spielberg, the Fairfield Fund, a wide range of Jewish philanthropies, and countless other individual investors. Put together in less than three months, this early account depends largely on media and internet stories, supplemented by 25 interviews with those who knew Madoff. Though the Strobers raise many questions that can't yet be answered (how Madoff evaded regulators, whether he had confederates, etc.), their study of a charming alleged con man is compelling, can't-make-this-stuff-up reading.
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.

About the Author

Deborah and Gerald Strober are the authors of oral histories of the Kennedy, Nixon and Reagan presidencies and of oral biographies of Queen Elizabeth II, The Dalai Lama, Billy Graham and Rudy Giuliani. Their latest book, Israel at Sixty was published in February 2008. The Strobers live in New York and in Herzliya-by-the-Sea, Israel.

More About the Authors

Discover books, learn about writers, read author blogs, and more.

Customer Reviews

This book seems thick on sentiment and thin on facts or analysis.
Dr. Yuval Lirov
Additionally one-quarter of the book is difficult-to-read legal documents appendixes, making 2/5 of the book irrelevant as of 3/09.
Chen Sun
I was looking forward to this book, but it was a big disappointment.
No Zombies

Most Helpful Customer Reviews

11 of 11 people found the following review helpful By Chen Sun on March 27, 2009
Format: Paperback Vine Customer Review of Free Product ( What's this? )
Though just published, it is already out-of-date. The authors didn't have information on Madoff's guilty admission and spent several chapters discussing confess or trial. Additionally one-quarter of the book is difficult-to-read legal documents appendixes, making 2/5 of the book irrelevant as of 3/09.

If you were a Madoff customer, a Madoff-news-addict, or a person interested in Jewish charities, this book is well-written and clear.

If not one of the above, the book offers little that's practical or entertaining. If I were an investor, I would like to understand what the numerous Madoff red flags were--not detailed in this book. If I wanted to be entertained, I would want to read about how Madoff was so devious and calculating, and the spine-tingling risks he took. Neither of these are detailed here. Instead, it's a set of sentimental interviews about whom so and so lost so much money. Tells little about what they could do to prevent these.

Also, the author separates Jews from "gentiles", and focuses on Jews. I thought Madoff has broader appeal.... Affinity scams are well known in churches, for example. This book doesn't teach how affinity scams work in general.

Didn't learn much of value.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
7 of 7 people found the following review helpful By Dr. Yuval Lirov VINE VOICE on April 12, 2009
Format: Paperback Vine Customer Review of Free Product ( What's this? )
The recent frauds allegedly perpetrated by Bernard Madoff, Tang Wei Zhen, Robert Allen Stanford, Paul Greenwood and Stephen Walsh, teach us about the importance of transparency of investment decision and management processes and provide a rich source of writing inspiration.

A typical investment fraud plays along Andersen's famous "Emperor's New Clothes" tale scenario, and it includes four key participants: swindlers, an exposing child, an ignorant and sycophant crowd, and victims. Strober's book hyperbolizes all four key components to a unique degree:

1. The main character is Bernard Madoff, a highly respected financier, previous NASDAQ chairman, and a member of multiple exclusive clubs. Since establishing his financial securities investment firm in 1960, he posted an uninterrupted record of outstanding financial performance, accumulated billions in assets under management, and frequently turned away investors only too eager to participate.
2. The cries about the naked emperor include Barron's article (2001) and Markopolos's letter to SEC (2005) that lists twenty nine (29) redflags.
3. The crowd is the regulatory bodies, other hedge fund managers, and the media that failed to notice and report the largest Ponzi scheme in human history in spite of suspicions and warnings.
4. The list of victims includes dozens of major banks, hedge funds, charities, and universities, as well as individual investors.

Having interviewed some 30 people, including classmates, investors, lawyers, and other Wall Street experts in a short time span during the few weeks since the news of Madoff's arrest on December 11, 2008, Strobers' book is necessarily limited to the few facts printed in the media and a few individual victims' perspectives.
Read more ›
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
2 of 2 people found the following review helpful By DAVID BRYSON VINE VOICE on May 2, 2009
Format: Paperback Vine Customer Review of Free Product ( What's this? )
The foreword to this book is dated precisely 32 days later than the original news story of the discovery of the Madoff scandal. That is eloquent testimony to the authors' objective - they felt the need for an immediate book on the subject. I have seen the objection raised that an immediate book of this kind cannot be the latest word on the story, but although that is undoubtedly true it is not much of a discovery. Nobody yet knows how many more chapters of this saga have still to unfold, and to me it is a good idea to collect the early disclosures as quickly as possible. Newspaper and broadcast reports are patchy and temporary by their nature, a book less so. Just as important to me as a reader is that in the hands of the right authors an early book can capture a lot of the sense of breathless rush (not to say outright panic in some quarters) that surrounded the Madoff disaster.

I am really quite impressed by the job the Strobers have done under the circumstances. The main sign of haste is that the book is slightly repetitious here and there, but not to any bothersome extent. Their narrative is clear and literate, and although there are plenty of quotations these are skilfully placed so as to provide variety, and they do not suggest padding. The authors make some attempt to account for the personality of Bernard Madoff, but the main focus is on the actual events. To me, this is the right way of doing it. The first need is clarity about what actually happened, so far as that can be ascertained early on in the saga, the actual sequence of events is exciting enough in its own right to constitute a sufficient narrative thread, and I actually doubt that we are ever going to improve greatly on the simple perception regarding Madoff that his nature was inherently criminal.
Read more ›
2 Comments Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
1 of 1 people found the following review helpful By Marilyn Dalrymple VINE VOICE on April 24, 2009
Format: Paperback Vine Customer Review of Free Product ( What's this? )
An American tragedy playing out in public; how could Bernard Madoff fool so many, so completely? It turns out that there were skeptics who felt something wasn't right with Madoff's investment schemes, but they could not prove what caused them to doubt, and Madoff had some of the best names in financial and philanthropic entities that believed in him and trusted him. How could someone who didn't have any evidence that would stick to the wall, fight that?

The book explains things in a way in which even someone who is finance and investment challenged can understand what is being said. Much of the book leaves the reader with just as many questions about Madoff and his Ponzi scheme, than answers, however, but I feel the book has been written to introduce us to Madoff and not give us definitive answers.

Accounts of the damage done to investors are numerous, jarring and saddening. I can more understand how individuals could be fooled by Madoff - ego plays a big role in what happened on both sides of the fraud. But, it is difficult for me to fathom how huge, agencies could be fooled, and for so long.

Court and other documents are published in the back of the book, which could only be understood by an attorney, most likely. Remarks by bloggers about the crime, Madoff and what should happen to him are published, and these are interesting.

This book is by no means the final word, or even a true journalistic look into the scheme and the perpetrator, but it is enlightening to someone like me, who has little understanding of the world of the ultra rich, finances and investing. I slowly began to understand what happened and how it happened. And, the book also gives readers a peak into the mind of the person who committed, ". . . the white-collar crime of the century."

If nothing else, this book is a good starting place to learn about the crime and the criminal.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again

Most Recent Customer Reviews


What Other Items Do Customers Buy After Viewing This Item?