Madoff: The Monster of Wall Street

I am becoming a CFE. Certified Fraud Examiner. There were things I was not aware of that Madoff did. I watched Wizard Of Lies and they left out some things I wish they would have put in. This documentary did a lot of justice and more insights than anything else I have seen. I really liked the depositions from Madoff himself. I have not seen any of these until now. I also enjoyed how real life Madoff employees gave their insights on what it was like to work with Madoff. Again, really enjoyed this documentary. I still hate how he defrauded all of these people and in turn, he called his "clients" Greedy!! What a scum-bag.

Bernie Madoff perpetrated one of the greatest frauds in history, but also one of the simplest: he simply pretended to have bought low and sold high, and with great reported profits nobody asked for their money back, at least not until the stock market crashed in 2008. This series describes him an a "monster", but I find it hard to hate him as much as the tech frauds: at least he wasn't claiming he could save the world. What's interesting is his ordinary origins (he was New York Jewish middle class, his right-hand man was Italian-American), and the sense to which the scam depended on affinity fraud (selling to people from his own background); the contrast with the Europeans he conned, old-money banking aristocracy, is striking. There are many remarkable details of this story, but like many Netflix documentaries it's slightly too long, with too many people commenting without adding that much information; no-one willing to confess to being aware of the fraud gives an interview (although there is film of Bernie himself claiming all responsibility).

Featuring slow-motion actor re-enactments, the New York Stock Exchange-style display graphics scrolling along the bottom of the screen, and obligatory views of hysterical brokers on the trading floor, it's all really interesting. But I believe that I've had enough of being entertained by the real atrocities of unrepentant guys. At least Madoff: The Monster of Wall Street offers the victims of white collar crimes whose stories are frequently ignored a voice. This series shed light on atrocities that take place in Wall Street and how it is constantly ignored even though multiple red flags. Pity all the victims involved.

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.