Bernie Madoff — Publisher's Best Friend?

Publishers have invested in three books on the Madoff scandal. Is there a payoff for the reader?

Stephen Chernin / Getty

Bernard Madoff arrives at federal court in New York City on March 12, 2009

The jail doors had barely slammed behind Bernie Madoff before publishers were racing to be first in the scandal's inevitable book sweepstakes. The victims of Madoff's Ponzi scheme, in which more than 4,000 clients lost $65 billion, may have been wiped out, but there is still a chance to make a killing on a best seller. After intense jockeying for position, three Madoff tomes will hit the streets on Aug. 11, about 150 years before Bernie does.

Meticulous and ever more mysterious as his fame grew, Madoff hawked his investment fund to a largely Jewish clientele, eventually sucking in large European...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!