The good ones never sound like con men

Erin Arvedlund, a reporter for the financial news publication Barron's, talked to the now-notorious Bernard Madoff in 2001. Back then Arvedlund was one of the few who went public with her doubts about him. The doubts were well founded: Madoff reportedly admitted to senior employees that his business was "basically, a giant Ponzi scheme".

In a recent interview with NPR she commented that when she spoke to him directly, he said that he "didn't sound like a con-man".

Understandable. The good ones never do!

More: http://www.npr.org/templates/story/story.php?storyId=98435441&ft=1&f=100

December 19th, 2008