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Bernard L. Madoff

Bernard L. MadoffBorn: 29-Apr-1938
Birthplace: Queens, NY

Gender: Male
Religion: Jewish
Race or Ethnicity: White
Sexual orientation: Straight
Occupation: Business, Philanthropist

Nationality: United States
Executive summary: Madoff Investment Securities LLC

In a 2007 speech at a financiers' symposium, he said, "In today’s regulatory environment, it's virtually impossible to violate rules. And this is something that the public really doesn't understand. And if you read things in the newspaper and you see somebody, you know, violate a rule, you say, well, you know, they're always doing this. But it's impossible for a violation to go undetected, certainly not for a considerable period of time."

According to court documents released after his 2008 arrest for fraud, Madoff told investigators that his money management business is "basically, a giant Ponzi scheme" which has swindled charities, individual investors, pension funds, and European banks of up to $50 billion.

Father: Ralph Madoff
Mother: Sylvia
Brother: Peter B. Madoff
Wife: Ruth Alpern Madoff (nutritionist, two sons)
Son: Mark
Son: Andrew
Mistress: Sheryl Weinstein (Jewish charity CFO, admitted in book)

    High School: Far Rockaway High School, Queens, NY (1956)
    University: University of Alabama (one year, transferred)
    University: BA Political Science, Hofstra University (1960)
    Law School: Brooklyn Law School
    Administrator: Trustee, Yeshiva University (resigned 2008)

    Member of the Board of International Securities Clearing Corporation
    Member of the Board of NASDAQ
    Bill Bradley for President
    Democratic Senatorial Campaign Committee
    Friends of Senator D'Amato 1998 Committee
    Hillary Rodham Clinton for US Senate Committee
    National Association of Securities Dealers Vice Chairman (past)
    Palm Beach Country Club (1996-)
    Inmate Butner Federal Correctional Complex, Butner, NC
    Securities Industry Association Board of Directors
    Securities Fraud 11-Dec-2008 (arrested)
    Jewish Ancestry


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