Madoff

An interesting story based on Bernie Madoff the so called wizard of Wall Street, well played by the entire cast, and informative of what people are willing to do acquiring your money, Madoff may have started out simply trying to impress his friends and family as they stated he had it all before the Ponzi affair, so either he did it and it spun out of control or he became wrapped up in the illusion of his vain wizardry, maybe both, in either case its sad people become so wrapped up and taken so easily by money, never satisfied with what they got, and need something to fill their void of unhappiness, don't pity the poor man, pity the fool, and delusional wizards, the domino effect of the fallout was a atrocity to all the victims, hopefully a lesson to save others in the Madoff's of the future.

For a movie about Madoff the main thing is the story has to be linear, non confusing and thorough and this 2 part miniseries succeeds. It introduces enough characters one by one to show the major players in the scandal, how the business duped clients and how it came crashing down. It isn't too complicated so non finance people can roughly understand what happens. Madoff is made to be the narrator of the movie and it helps to make things clear. Victims, clients, whistle blowers, the SEC dropping the ball, and the perpetrators in Madoff's company are all shown. The look at what happened in Madoff's own family is quite fascinating. His wife kids brother niece are all shown to be unknowing victims. The tragic suicide of his son Mark is quite moving. Would have liked a bit more about the recovery of the stolen money at the end.

The acting is fine. With so much going on in the story the main thing is that they should resemble the real people sufficiently. Richard Dreyfuss looks enough like Madoff and his benign slightly jovial approach actually is quite right. It keeps things flowing and not too depressing. Blythe Danner is physically suited to the role of Ruth. The actors who play his sons are don't look like them much - not great casting there. The supporting cast are good too especially those who play his staff.

Will be interesting to compare to to the upcoming HBO movie with Robert DeNiro as Madoff.

There was a follow up ABC documentary with interviews called "Bernie Madoff after the fall" that aired after the end of part 2 that is worth watching.

Bernie Madoff (Richard Dreyfuss) was a trusted member of Wall Street and the chairman of Nasdaq. It shocked almost everyone when he's revealed to have run a giant Ponzi scheme. His wife Ruth (Blythe Danner) is clueless to the scheme and even his extra-marital affairs. He even cheats money out of his secretary Eleanor Squillari (Erin Cummings). His brother Peter (Peter Scolari) is troubled about his role as Chief Compliance Officer. His older son Mark is angry that he's not allowed to be involved in the company investments. His younger son Andrew also works for him and gets sick. Harry Markopolos (Frank Whaley) warned the SEC over and over again about the possible fraud at Madoff to no avail.

This two part network TV mini-series 2 x 2 hours is a bit too extended. As a drama, this would work much better compressed in half. The most important moment for me is back in the '29 when a young Madoff covered his client's losses. It explained how he started and the essence of what he's about. He's a confidence man. I don't need any more reveals about Madoff. That scene is eureka to Madoff and a perfect explanation of his character. The Harry Markopolos part provides some fun tension but that also gets played out. The rest about Bernie is a bit repetitive. I do not bemoan the secretary wanting a scene showing her being taken by Madoff. However, these self-serving scenes do pile up. The middle is a bit extended. Through it all, there is Dreyfuss doing great work.

This is by far the best production, documentaries included, of the Madoff story. The script was excellent. The information and plot are easy to follow without being weighed down by boring financial specifics. The major players are represented well and the acting is superb. Dreyfuss, Danner, and Rispoli make De Niro, Pfeiffer, and Azaria look like amateurs! I enjoyed the miniseries so much that I wish there were more episodes!

Richard Dreyfuss gives a terrific performance as investment con man Bernie Madoff. He's an interesting character, dishonest to the core yet loyal and generous to his friends, although it's unclear whether he was genuinely generous or just interesting in keeping people loyal.

It's fascinating to see the long con and how it unravels, and infuriating and disturbing to watch a lone crusader spend fruitless years trying to convince an inept SEC to investigate one of the great financial criminal.

The great weakness of the film is that it overly focuses on Madoff's family, including an ungraceful attempt to use his family history of cancer as a symbol.

I understand wanting to show how Madoff's actions hurt his family, and the actors are fine, particularly Blythe Danner (still, surprisingly, sexy in her 70s), but what Madoff did hurt so many more people than his family, and while that is shown, it is overshadowed by the rather dull family stuff.

I feel the movie should have focused more on the crusader, or on the incompetence of the SEC. Or it could have just been pared down in length.

Still, it's a fascinating story and Dreyfuss is a perfect Madoff.