Madoff: El monstruo de Wall Street

Fantastic true crime documentary directed by joe berlinger, and coming to be one of the finest products on how to get an insight into the bernhard madoff ponzi scheme case, made possible through dilligent reasearch and a very well made dramatization by his production crew... a product thats quite on the brink of overwhelmingness to binge for breakfast...and just another star on my chart for being concerned about how economics really works when the road is cleared for any obstacles and monitoring, and crimes like this could happen... and does happen... and will happen in the years to come.

So whenever a ponzi scheme is mentioned and youve forgotten what that is, then ''madoff: the monster on wall street'' will stay there to explain to you...

Detailed, interesting and exposing, the docu-series intricatly scrutinises much of the key apsects of Madoff ponzi scheme in which he was able to steal money for decades.

My only qualm with these sort of documentaries is that they work almost like a distraction from what's going on in other places. "Don't look over there, look over here!" Like, there was a documentary that came out about the crash of 2008 in which all the contributing perpetuators like George Bush appeared in the documentary to absolve themselves of any wrongdoing and blame it on other factors instead rather than the people making the decisions.

The titular person Madoff is referred to as "the monster of Wall Street", as if enormous fraud isn't cirrently business as usual on Wall Street, and that everything is as it should be after Bernie was arrested.

The documentary talks about the people who suffered and lost as a result, but make no mention that it's still perfectly fine on Wall Street to steal from poor people without any recompense. Bernie was arrested because he stole from rich people, which is the only crime on Wall Street that gets taken seriously. If all the hedge funds, financial advisory firms and brokerages and market makers who are currently breaking the law carte blanche to steal from low income and retail investors were to be arrested, Wall Street would become a skeleton of its former self. A ghost town. Yet according to this docu-series Madoff was the big boss to take down. The evil monster like no other.

The series is good and informatice but I still hope people realise that Madoff was the fall guy for Wall Street theft to continue, and that taking him out did nothing to help the little guy from being crushed under the boot of government and financial sector corruption.

A gripping and informative true crime documentary series directed by Joe Berlinger. The series details the rise and fall of Bernie Madoff, a Wall Street executive who ran a massive Ponzi scheme that defrauded investors of billions of dollars. Berlinger uses a mix of expert interviews and recreations to tell the story, with author Diana B. Henriques serving as a particularly knowledgeable and engaging guide through the complex events. The final chapter of the series focuses on the heartbreaking fallout of Madoff's crimes, including the impact on his family and the investors who lost everything.

One of the most impressive aspects of "Madoff: The Monster of Wall Street" is the way it untangles the complicated financial schemes at the heart of Madoff's fraud. Through clear explanations and well-chosen anecdotes, the series makes it easy for viewers to understand how Madoff was able to pull off such a massive fraud for so long. It's also shocking to see just how many people turned a blind eye to Madoff's crimes, and how the government failed to intervene despite multiple warning signs.

Overall, "Madoff: The Monster of Wall Street" is a must-watch for true crime fans, and serves as a cautionary tale about the dangers of greed and the importance of holding those in positions of power accountable.

A very interesting documentary on a topic that I think is good to know for most people. But, in typical Netflix fashion, is dragged out over way too many episodes and cost you way too much of your time.

The lack of original footage has been made up by some acting, but all scenes seem endlessly repeated. Good they interviewed a lot of involved people and they got a hand on some original content though. But it feels like it could fit in a 1 hour documentary movie. So yes this is a great topic, but I'd rather advice to read a news article on it than to spend your hours of precious time on Netflix.

...Or how to lose 19 billion dollars...of other people's money. Bernie Madoff was indeed the monster of the title here, an ambitious, ruthless individual who found that the best way to not just personal fortune and fame but also tacit acceptance within Wall Street, was to create the world's biggest ever Ponzi Scheme, which basically as I understand it means taking other people's money without ever investing it, instead hoarding it and paying out withdrawal requests from this ever-growing stockpile of cash. Using secretive and in truth wholly rudimentary methods to report to his "clients", once he had everyone thinking he was the emperor, it took the market-shattering financial crash of 2008 to finally strip the charlatan of his credibility and finally expose him as the fraudster he was.

Netflix showed this rags-to-riches-back-to-rags saga over 4 episodes outlining Madoff's inexorable rise through Wall Street before the bubble burst in 2008 and his house of cards came crashing down. The story of course is as fascinating as it is cautionary, with almost every one of the human victims, not to mention the representatives of major financial institutions, being shown as having been completely blindsided by the apparently gravity-defying returns promised by Madoff to his exclusive but gullible not to mention greedy clients.

The series charts his express progress to the top and all the professional and luxurious accoutrements that went with it. With contributions from on the one hand, many of his office staff and actual video footage from Madoff's own depositions from inside prison, but notably not a word from any of his surviving family or even his second-in-command, as well as insights from financial journalists and investigators, including the young accountant at a rival who openly and early on called the sham for what it was, this was a darkly fascinating tale of greed and abuse of power on Wall Street. Almost as culpable you'd have to say, were the financial regulator of the New York Stock Exchange and the ratings agencies who throughout the whole affair completely missed the obvious with their laissez-faire policies coming home to roost with the ruin of many unsuspecting investors, including the French representative of one major investment fund who committed suicide days after the scandal broke.

My only complaint about this series is that it could perhaps have been edited down to a more manageable length plus I'm not a fan of the apparently new documentary technique of having lookalike-actors recreating actual events, especially here with far too much repetition of set-scenes - how many times did we have to watch "Madoff" strolling through his office in slow-motion?

Regardless of which, this documentary series held the attention of my wife and I throughout and even ended with a chilling statement that there may be other similar scandals awaiting discovery and that Madoff's fraud may not in fact be the biggest of them all, as it currently is.