How America fell for financier Bernie Madoff's $65 billion investment scam.
It was luxurious Palm Beach, by the manicured lawns and Olympic-sized swimming pool, that financier Bernard Madoff ravaged the world of philanthropy and high society he had strived so hard to join, vaporising the assets of charities, foundations and individuals that had trusted him with their funds.
It seems nothing was sacrosanct to Madoff, possibly the greatest con-man in history. Even Elie Wiesel's foundation has lost tens of millions. But Wiesel was hardly alone in trusting the rogue financier. How could some of the most sophisticated and worldly people in America fall victim to a collective delusion for year after year?
THE BELIEVERS answers these unsettling questions. It opens up the clubbish world where Madoff operated, tracing the links from Palm Beach and The Hamptons to the salons and clubs of Manhattan society.
'Adam Le Bor kicks over the carnage to discover how so many intelligent, independently wealthy people were duped into losing their entire fortunes. In a word: incredible.' - The Townsville Bulletin
Part financial scandal, part Greek tragedy. - Dubbo Photo News
Adam LeBor is an author, journalist, and literary critic based in Budapest. He writes for The Economist, The Times (London), Monocle, and numerous other publications, and also reviews books for the New York Times. He has been a foreign correspondent since 1991, covering the collapse of communism and the Yugoslav wars, and has worked in more than thirty countries. He is the author of seven critically acclaimed nonfiction books, including the ground-breaking Hitler's Secret Bankers, and two novels. His books have been published in twelve languages.