What Do Bernie Madoff and Sam Bankman-Fried Have In Common? Too Much.

Something that was very bad news for very many people worked in Joe Berlinger’s favor. His Netflix documentary Madoff: The Monster of Wall Street, which premiered this week, became relevant on a whole new level with the well-timed downfall of FTX’s Sam Bankman-Fried, another man celebrated for his unparalleled financial genius before being exposed as a dangerous fraud. Berlinger’s focus was reiterated by the FTX implosion: that lax regulations and people’s willingness to believe in financial fairy tales were critical drivers in allowing the scheme to endure. He takes us through the 2006 SEC investigation of Bernie Madoff, which came… Read Full Article