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Madoff's Other Secret: Love, Money, Bernie, and Me Hardcover – August 25, 2009
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Nobody knew Bernie like I did, and nobody knows about me…
Sheryl Weinstein met Bernie Madoff when she was just shy of forty, and went on to have a twenty-year secret, intimate relationship with the man now known as an evil mastermind, a villain of the greatest proportions.
It was 1988 and Sheryl was facing a huge dilemma. Bernie Madoff was paying her a great deal of attention. She was in the midst of a rocky marriage and feeling vulnerable, when the powerful Wall Street mogul began making overtures. As a successful CPA and head of a major charitable organization, she had a lot to lose. She directed him to take things slowly.
Over the next five years, there were business meetings over lunch, followed by intimate dinners in hotel rooms and finally, private moments that for a time seemed intensely satisfying to them both. “I’m not to be trusted,” he once told her casually. She ignored it, having no idea how prophetic those words would be. After all, her relationship with Bernie was passionate and profound. She felt desirable. She was the one nobody knew about, with the window into the real man. So careful about investing her money, when the SEC cleared him in 1992 she decided to get in all the way--with her heart, her soul--and her financial future.
Sheryl was in the wrong place at the wrong time. She couldn't possibly have imagined the devastation that would befall her. Learning the truth was shattering on so many levels.
Many books are being written about the scale of Madoff's fraud, but until now, nothing has shown the man through private eyes. Sheryl Weinstein's riveting story reveals a Madoff who will shock and surprise you. From the boardroom to the bedroom, in each other, the two found something that had been lacking in their own lives. It's a story with tragic overtones--a drama that only now could find a devastating conclusion.
- Print length224 pages
- LanguageEnglish
- PublisherSt. Martin's Press
- Publication dateAugust 25, 2009
- Dimensions5.8 x 0.9 x 8.58 inches
- ISBN-100312618379
- ISBN-13978-0312618377
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- Publisher : St. Martin's Press; 1st Edition (August 25, 2009)
- Language : English
- Hardcover : 224 pages
- ISBN-10 : 0312618379
- ISBN-13 : 978-0312618377
- Item Weight : 12.8 ounces
- Dimensions : 5.8 x 0.9 x 8.58 inches
- Best Sellers Rank: #355,616 in Books (See Top 100 in Books)
- #1,021 in Business Professional's Biographies
- #3,991 in Women's Biographies
- #13,154 in Memoirs (Books)
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I rarely ask myself, when reading a book, why the author wrote it. I found myself asking that question to as I read this book. While I am pleased to think that Ms. Weinstein may earn some money from her book's sales to make her otherwise destitute retirement (at Bernie's hands) more comfortable than it would have been, I found the book enigmatic. At best, the author suffered from great naiveté.
Beginning with the title, "Madoff's Other Secret: Love, Money, Bernie, and Me", I think that just calling it "Madoff: Another Secret" might have been adequate. As far as "Love" is concerned, there was little love involved in the story other than perhaps the author's underlying lack of self love (insecurity). Of "Money", there is much talk because the author is a CPA, and CFO of a major charity which lost a great deal of money that was invested with Bernie's company. She was not responsible for the charity's loss. She also invested her family's (and her individual) funds in Bernie's company because of the favorable results the charity's investment with him was apparently earning. The "Bernie and Me" part was definitely not titillating - just factual and so slow paced that an outsider can hardly be drawn into it, breathlessly or otherwise.
A case could be made that a CPA and CFO of a large organization should have smelled something fishy. The fact that the monthly "statements" from Bernie's firm showed only (phony) transactions, and was not truly a "statement of account" alone should have been found questionable. But Bernie had convincing reasons for everything - especially in a case where you see what you want to see and believe what you want to believe. After all, when the earnings on your accounts were so good, ignoring nagging inconsistencies in Bernie's firm's way of doing business were ignorable. Bernie also tended not to respond to questions defensively, but rather he answered queries about his firm in a very low keyed and "informational way".
I guess I am a natural cynic. I believe that is something is too good to be true it probably isn't true. Also, I am neither greedy nor particularly interested in wealth and its advantages. So, in cases like this (where there were individual investors involved), I lay a lot of blame on greed and desire for a lifestyle based on things money can buy.
Other than an outsider/insider viewpoint on Bernie's lifestyle and activities, for persons who are specifically interested in that subject, I am left with a neutral standpoint as to recommending this book. I like to come away from non-fiction reads having learned something new - and for me this book did not bring any new knowledge, it only reinforced my belief in the social and personal mores I live by - through witnessing what happens to persons whose social and personal mores are in need of a good upgrade.
Note: I paid 1¢ for this book (plus $3.99 for shipping), and it was a price appropriate purchase!
of Bernie Madoff. I now have convinced others to read the story.
I liked the book very much and dislike the man even more after reading the book.
What a horrible and despicable man. It does not excuse Sheryl Weinstein of cheating on her
husband and Ruth Madoff, anyway you tell the story.
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At the end of the book I was none the wiser or any better informed which is surprising considering the advertising material stated, inter alia, "Nobody knew Bernie like I did...and "Sheryl Weinstein's riveting story reveals a Madoff who will shock and surprise you......a drama that only now could find a devastating conclusion." Shocked - yes when in December 2008 when confessed to a fraud of unimaginable scale and consequences, but not at the claims of a clandestine dalliance without collaboration or any substantive evidence whatsoever.
Whatever her motives, Mrs Weinstein's book lacks creditability and lacks compassion for her husband Ronnie who suffers terribly at the hands of her pen and those who assisted in the writing of this book.








