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Truth and Consequences: Life Inside the Madoff Family [Hardcover]

Laurie Sandell
2.5 out of 5 stars  See all reviews (76 customer reviews)

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Book Description

October 31, 2011

In December 2008, the world watched as master financier Bernard L. Madoff was taken away from his posh Manhattan apartment in handcuffs, accused of swindling thousands of innocent victims—including friends and family—out of billions of dollars in the world’s largest Ponzi scheme. Madoff went to jail; he will spend the rest of his life there. But what happened to his devoted wife and sons? The people closest to him, the public reasoned, must have known the truth behind his astounding success. Had they been tricked, too?

With unprecedented access to the surviving family members—wife Ruth, son Andrew and his fiancée Catherine Hooper—journalist Laurie Sandell reveals the personal details behind the headlines. How did Andrew and Mark, the sons who’d spent their lives believing in and building their own families around their father’s business first learn of the massive deception? How does a wife, who adored her husband since they were teenagers, begin to understand the ramifications of his actions? The Madoffs were a tight-knit—even claustrophobic—clan, sticking together through marriages, divorces, and illnesses. But the pressures of enduring the massive scandal push them to their breaking points, most of all son Mark, whose suicide is one of the many tragedies that grew in the wake of the scandal.

Muzzled by lawyers, vilified by the media and roundly condemned by the public, the Madoffs have chosen to keep their silence—until now. Ultimately, theirs is one of the most riveting stories of our time: a modern-day Greek tragedy about money, power, lies, family, truth and consequences.


Frequently Bought Together

Truth and Consequences: Life Inside the Madoff Family + The End of Normal + The Madoff Chronicles: Inside the Secret World of Bernie and Ruth
Price for all three: $42.49

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Editorial Reviews

Review

"This biography about Ponzi schemer Bernie Madoff's clan is chock-full of drama.... anyone curious about this fractured, once tight-knit family will find plenty of food for thought here." 3-1/2 Stars (People Nicole Weisensee Egan )

"Although there have been at least 10 books written about the scandal, none has taken such an inside look at the personal lives of the Madoff nuclear family as this latest one by author Sandell. Although the Madoff family has been constantly hounded by reporters and the paparazzi since the story broke, Sandell has been the first to get the family to open up and tell their side of the story. Treated as pariahs, the family members have had to deal with the brunt of the ridicule and shame in the court of public opinion, while Madoff himself remains locked deeply inside a high-security federal prison.... Sandell spends a great deal of time setting the stage in a biographical account that includes typical family ties, celebrations, trials, and tribulations; the story... really starts to heat up after the confession, when the lives of Ruth, Andrew, and Mark begin to completely unravel. Sandell paints a sympathetic portrait that partially redeems Ruth and Andrew as they attempt to rebuild their lives and achieve some semblance of normalcy." (Booklist David Siegfried )

"Sandell makes a legitimate case that Mark and Andrew Madoff really were caught off guard by their father's crimes." (San Francisco Chronicle Kevin G. Keane )

About the Author

Laurie Sandell has written for Esquire, GQ, Glamour and InStyle, among others, and has contributed cartoons to New York, Glamour and The Wall Street Journal. Her first book, the graphic memoir The Impostor’s Daughter—about her own experiences with her eccentric, secretive father—was nominated for a 2009 Eisner Award. She lives in Los Angeles, California.


Product Details

  • Hardcover: 352 pages
  • Publisher: Little, Brown and Company; 1 edition (October 31, 2011)
  • Language: English
  • ISBN-10: 0316198935
  • ISBN-13: 978-0316198936
  • Product Dimensions: 6.2 x 1.2 x 9.4 inches
  • Shipping Weight: 1.2 pounds (View shipping rates and policies)
  • Average Customer Review: 2.5 out of 5 stars  See all reviews (76 customer reviews)
  • Amazon Best Sellers Rank: #565,301 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews
68 of 74 people found the following review helpful
By 10za
Format:Hardcover|Amazon Verified Purchase
A poorly written unsatisfying read. This is one of those books where a woman doesn't "pick up her purse" she instead..."picks up her $5,000.00 Prada clutch." The brand name dropping is so excessive...we get it ..they are very rich. Andrew's girlfriend, Catherine figures prominently (and she is the least interesting person in this drama. Including a color picture of Catherine in a bikini (in full make up) holding a fish kind of summarizing how cheesy this book is.

Instead of background on Catherine (who cares?) I was looking for more info on Ruth and Bernie to see what in their backgrounds prepared them for this horrible scam.

Those that cooperated with the author (Ruth, Andrew, Catherine and Susan, Andrew's first wife) come off as total victims and saints. They apparently lack any character flaws, are beautiful, etc.

"I like The End of Normal" by Stephanie Madoff Mack much better than this book and felt that Stephanie showed her flaws (and strengths) and gave the story a very personal spin.

If you are looking for a unbiased character study of those involved in this horrible scandal. This is not the book.
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29 of 30 people found the following review helpful
1.0 out of 5 stars Don't Waste Your Money.... November 8, 2011
By Srd1
Format:Hardcover
I was extremely disappointed with this book. There was way too much emphasis on Catherine Hooper, who is not even a member of the Madoff family. She obviously has a very high opinion of herself (and many photos in the book to prove it!). I thought it was so sad and unnecessary how they depicted Mark, the Madoff son who committed suicide. I hope his kids never read this book. What a disgrace to his memory. Andrew must have been extremely jealous of Mark during his lifetime.
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31 of 33 people found the following review helpful
1.0 out of 5 stars Lame self aggrandizement by Andrew's Girlfriend November 14, 2011
Format:Hardcover
self-aggrandizement - "an act undertaken to increase your own power and influence or to draw attention to your own importance." Yup, that about sums it up.

I usually borrow books from the library, but I bought this one because I was interested in the story after seeing Andrew and Ruth Madoff on 60 minutes. The parts of the book that dealt with Andrew and Ruth were okay (at best) but it got really annoying after a while to constantly read about Catherine. The whole style of the book would change when it came to parts about her. Instead of a factual accounting of what went on, we get mundane, ridiculous details like what kind of lotion she put on her legs while waiting for Andrew to tell her why he was lying on his bed fully clothed and not speaking (he had just been told of the Ponzi scheme by his father) or what the nightgown she "slipped on" looked like. We also get numerous detailed accountings of how she picked out her outfits to pack for trips with the Maddoff's and how many guys gave her appreciative whistles.

Andrew and Catherine also come across as one of those annoying couples who fall in love and just get all gross about it without any regard for anyone around them. I can do without the childish details like Catherine greeting him at the door in a cheerleading outfit and rollerskates, or the fact that after they made love they fell asleeep "wound around each other like woodland creatures". Yes, that is the description they gave themselves.

The book details everything Catherine does as just perfect, from the way she conducted business to the way she interacted with anyone and everyone. Any conflict with Andrew's family was due to their craziness or paranoia or jealousy. She was always the epitome of class, elegance and style. Everyone loved her wherever she went. I completely agree with the reviewer who said "Including a color picture of Catherine in a bikini (in full make up) holding a fish kind of summarizing how cheesy this book is." Details and pictures like that were completely incongruous to what this book was supposed to be about

I also thought the depiction of Mark Maddoff, I am assuming from Andrew's perspective, had to be off just a bit. If everything Andrew said was true Mark would have been carted off to the looney bin long ago. Mark was always "screaming" and "on the verge of throwing a fit." He seemed completely incapable of conducting a normal, rational conversation. Ever. Andrew made him out to be completely unable to handle anything and, of course, jealous that Andrew found a wonderful woman like Catherine.

Overall the book does give some background into how this Ponzi scheme affected the lives of the Maddoff family, but it was too bogged down with the Cathernine angle. Nobody really cares how this all affected her or how great she is. The book was supposed to be about how the family could have gone so long without knowing what Bernie Maddoff was doing, and how they dealt with the fallout. Catherine is only relevant to this as it relates to Andrew being able to move on with his life. But the book went overboard with cheesy, irrelevant details that bog down the book and make you hope you NEVER have to hear about Catherine again.
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Most Recent Customer Reviews
3.0 out of 5 stars Truth and Consequences
This was an 'ok' Bio. I guess I was expecting something more than I got from it. Good service. Arrived in condition described.
Published 3 months ago by Old Bookworm
1.0 out of 5 stars Horrible!!
This is a book about Catherine Hooper (the girlfriend of Bernard Madoff's son Andrew), her incredible brilliance, resourcefulness, and all around "fabulousness". Read more
Published 3 months ago by JudithLeenovBooks
1.0 out of 5 stars No real insight in this book
I just finished reading this book and was very disappointed. As someone whose family had recently been victimized by a bankster-lawyer real estate scam that may approach the size... Read more
Published 6 months ago by victim of another scammer
4.0 out of 5 stars Interesting
I don't understand why this book received so many bad reviews. I found it to be very informative, and an insight into what each one of them were feeling. Read more
Published 6 months ago by rchecchio
1.0 out of 5 stars Don't waste your money!
This book isn't even one star worthy. I was extremely disappointed with this book. This is a book was a sad attempt by a terrible writer to write a book about Catherine Hooper NOT... Read more
Published 6 months ago by uks5075
4.0 out of 5 stars Take It for What It Is
Truth and Consequences: Life Inside the Madoff Family doesn't deal with Bernard L. Madoff. Rather, Laurie Sandell relates the story of how Madoff's family came to know about his... Read more
Published 8 months ago by Lynn
1.0 out of 5 stars Disbelief
I borrowed the book from the local library. I don't want to support anyone with links to the Madoff family. I started reading the beginning of the book. Read more
Published 10 months ago by Timegoesby
1.0 out of 5 stars Sociopaths unite
I read the "end of normal" by Stephanie Madoff the widow of Mark Madoff and thought it would be interesting to read this book too. Read more
Published 10 months ago by geniebobeanie
1.0 out of 5 stars Madoff who?
I picked this book up at the library - thank god I didn't pay for it. It is so obviously a puff piece on Catherine Hooper, and to a lesser degree, her fiancee, Andrew, youngest... Read more
Published 10 months ago by S. Buck
4.0 out of 5 stars Fascinating look at a sociopaths effect on his family
A step by step look at Madoff's family coming apart at the seams, as seen from the viewpoint of one of the brother's girlfriends. Read more
Published 11 months ago by Alison Blake
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Bernie Madoff
I also read Stephanie Madoff's book and enjoyed it thoroughly. Fortunately, her book was released prior to this one, and since she did such an excellent job of answering all of the questions I and so many others have harbored since this event occurred, I have no desire to read a rehashing. She... Read more
Oct 31, 2011 by Sharon Iafelice |  See all 5 posts
and now... a literary Ponzi scheme!
Andrew and his mother team up for a book and dont inclide Mark's wife...... she was apart of that family--- Guilty, gulity guilty. And who is Catherine Hooper? NOBODY because Andrew is still married to someone else.
I wonder where the proceeds are going? More disgusting people tryign to make...
Oct 17, 2011 by Finance Babe |  See all 3 posts
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