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7.3/10
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It follows the rise and fall of the American financier and ponzi schemer: Madoff.It follows the rise and fall of the American financier and ponzi schemer: Madoff.It follows the rise and fall of the American financier and ponzi schemer: Madoff.
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- TriviaThe French aristocrat Thierry Magon de La Villehuchet committed suicide after losing an estimated $1.4 billion of his and other aristocrat's family fortunes in Madoff's scheme. This was the second time the very wealthy "famille Magon" lost a large part of its fortune. In July 1794, banker Jean-Baptiste Magon de La Balue and 18 other members of the family were guillotined in Paris and a large part of their castles and fortunes confiscated. This happened one year after the decapitation of King Louis 16 and his wife Marie-Antoinette, and ironically, only 9 days before the decapitation of the revolutionary leader Maximilien de Robespierre.
- ConnectionsFeatured in Jeremy Vine: Episode #6.5 (2023)
Featured review
Informative but repetitive and leaving huge question marks
For anybody who just heard faint echoes about the "Madoff monster" this documentary provides a good insight into his crimes. However, starting with weak points first, it suffers from a severe case of Netflexite, aka that annoying device of starting somewhere mid-point of a story and working its way back and forward quite randomly.
Second, we never get any info about what happened to the Security & Exchange Commission's inspectors who "failed" to inspect or to the SEC at large, the "commission" that showed only gross incompetence or even collusion with the monster.
The story starts with Madoff arrest on 11 Dec. 2008, the terrible year of the great crisis and works its way back to Madoff's birth, youth, marriage to Ruth and origins of his firm, with excruciatingly boring details. There are many interviews with employees from the legit Madoff operations and none from the illegal - no surprise there.
There are also many re-enactment, of which at least half is superfluous. In short, Madoff run his illegal scheme from the 17th floor of the Lipstick building and the legal from the 19th. Employees from the 19th were forbidden entrance to the 17th and even Mark and Andrew, Bernie's son were not allowed. But even if this would be considered at least bizarre and worth exploring, nobody did anything for decades.
Some external connections started sniffing around Madoff as far back as 1992, when his name was mentioned to the SEC. Since then, there were six investigations on Madoff, all botched.
At this stage I would have like to watch a documentary about SEC and what happened to those "inspectors" - I guess nothing, but still...
Four episodes about this complex yet easy fraud are long to digest and the tragic ending comes none too soon, with Mark committing suicide, Andrew dying of cancer, Ruth being destitute and Bernie dying in the slammer, also none too soon. A tighter editing and less flourishing would have helped.
Second, we never get any info about what happened to the Security & Exchange Commission's inspectors who "failed" to inspect or to the SEC at large, the "commission" that showed only gross incompetence or even collusion with the monster.
The story starts with Madoff arrest on 11 Dec. 2008, the terrible year of the great crisis and works its way back to Madoff's birth, youth, marriage to Ruth and origins of his firm, with excruciatingly boring details. There are many interviews with employees from the legit Madoff operations and none from the illegal - no surprise there.
There are also many re-enactment, of which at least half is superfluous. In short, Madoff run his illegal scheme from the 17th floor of the Lipstick building and the legal from the 19th. Employees from the 19th were forbidden entrance to the 17th and even Mark and Andrew, Bernie's son were not allowed. But even if this would be considered at least bizarre and worth exploring, nobody did anything for decades.
Some external connections started sniffing around Madoff as far back as 1992, when his name was mentioned to the SEC. Since then, there were six investigations on Madoff, all botched.
At this stage I would have like to watch a documentary about SEC and what happened to those "inspectors" - I guess nothing, but still...
Four episodes about this complex yet easy fraud are long to digest and the tragic ending comes none too soon, with Mark committing suicide, Andrew dying of cancer, Ruth being destitute and Bernie dying in the slammer, also none too soon. A tighter editing and less flourishing would have helped.
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- МЕЙДОФФ: Монстр із Волл-стріт
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- Runtime1 hour
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- 16:9 HD
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