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WEBVTT 1 00:00:04.885 --> 00:00:07.385 <font color="DeepSkyBlue">(MUSIC PLAYING)</font> 2 00:00:07.428 --> 00:00:09.136 <font color="DeepSkyBlue">(WIND WHISTLING)</font> 3 00:00:17.354 --> 00:00:19.522 <font color="DeepSkyBlue">(GATE RATTLING)</font> 4 00:00:22.778 --> 00:00:24.527 <font color="DeepSkyBlue">(DOOR CLOSES)</font> 5 00:00:27.031 --> 00:00:29.240 <font color="Chocolate">WOMAN'S:</font> <font color="DeepSkyBlue">(VOICE)</font> <i>My name is Diana Henriques.</i> 6 00:00:29.283 --> 00:00:32.827 <i>As an investigating reporter for the "New York Times,"</i> 7 00:00:32.871 --> 00:00:35.747 <i>I had been covering the Bernie Madoff scandal...</i> 8 00:00:35.790 --> 00:00:37.165 <i>...from the day it began.</i> 9 00:00:38.876 --> 00:00:42.086 <i>After months of requests and correspondence,</i> 10 00:00:42.129 --> 00:00:45.757 <i>I was finally able to sit down and interview Bernie Madoff...</i> 11 00:00:45.800 --> 00:00:48.425 <i>...on August 24th, 2010.</i> 12 00:00:50.095 --> 00:00:51.470 <i>Until today,</i> 13 00:00:51.515 --> 00:00:54.098 <i>...his only visitor, apart from lawyers...</i> 14 00:00:54.141 --> 00:00:56.642 <i>...has been his wife.</i> 15 00:00:56.686 --> 00:00:59.854 <i>He has not answered any independent questions...</i> 16 00:00:59.897 --> 00:01:01.314 <i>...about his crime...</i> 17 00:01:01.357 --> 00:01:03.608 <i>...except when standing in a courtroom...</i> 18 00:01:03.651 --> 00:01:04.983 <i>...responding to a judge.</i> 19 00:01:05.028 --> 00:01:06.402 <font color="DeepSkyBlue">(DOOR BUZZES)</font> 20 00:01:06.446 --> 00:01:08.278 <i>On those occasions,</i> 21 00:01:08.322 --> 00:01:11.783 <i>...he seemed stiff, almost rehearsed.</i> 22 00:01:11.827 --> 00:01:13.450 <i>But in our conversation,</i> 23 00:01:13.495 --> 00:01:15.578 <i>...he seemed relaxed,</i> 24 00:01:15.622 --> 00:01:17.412 <i>...unfailingly candid,</i> 25 00:01:17.456 --> 00:01:20.667 <i>...earnest, and trustworthy.</i> 26 00:01:20.709 --> 00:01:23.586 <i>That is his talent and his curse.</i> 27 00:01:25.507 --> 00:01:27.048 <i>That is what enabled him...</i> 28 00:01:27.092 --> 00:01:29.634 <i>...to pull off the biggest Ponzi scheme on record.</i> 29 00:01:29.678 --> 00:01:30.843 <font color="DeepSkyBlue">(GATE CLOSES)</font> 30 00:01:30.887 --> 00:01:33.471 <i>$65 billion.</i> 31 00:01:35.976 --> 00:01:38.268 <i>Bernard L. Madoff...</i> 32 00:01:38.311 --> 00:01:43.438 <i>...inmate number 61727054.</i> 33 00:01:44.483 --> 00:01:46.108 <font color="DeepSkyBlue">(DOOR CLOSES)</font> 34 00:01:50.699 --> 00:01:53.074 <font color="DeepSkyBlue">(NEWS JINGLE PLAYS)</font> 35 00:01:53.117 --> 00:01:54.720 <font color="Chocolate">REPORTER:</font> <font color="DeepSkyBlue">(ON RADIO)</font> <i>In overseas trading today,</i> 36 00:01:54.744 --> 00:01:56.911 <i>...the Nikkei was down over 8%...</i> 37 00:01:56.955 --> 00:01:59.705 <i>...with Australia's benchmark not far behind.</i> 38 00:01:59.748 --> 00:02:01.833 <i>The crisis shows no sign of ending...</i> 39 00:02:01.876 --> 00:02:04.751 <i>...as DOW futures are down this morning on Wall Street...</i> 40 00:02:04.795 --> 00:02:07.129 <i>...and Main Street continues to find itself...</i> 41 00:02:07.173 --> 00:02:09.716 - <i>...in the crosshairs of the largest meltdown...</i> - Shit. 42 00:02:09.758 --> 00:02:11.550 <i>Since the Great Depression.</i> 43 00:02:11.595 --> 00:02:13.970 <i>Investors and banks are holding onto their cash...</i> 44 00:02:14.014 --> 00:02:17.306 <i>...until more certainty can be flushed into financial markets.</i> 45 00:02:17.349 --> 00:02:19.434 <i>Let's go now to Bob Summers...</i> 46 00:02:19.477 --> 00:02:21.644 <i>...with a story on yet another city...</i> 47 00:02:21.687 --> 00:02:24.187 <i>...going under from the mortgage crisis.</i> 48 00:02:24.232 --> 00:02:26.858 <font color="Chocolate">SUMMERS:</font> <i>I'm in Fresno, California, where if you look around...</i> 49 00:02:26.901 --> 00:02:28.650 <font color="DeepSkyBlue">(ELEVATOR BELL DINGS)</font> 50 00:02:28.694 --> 00:02:31.111 <font color="DeepSkyBlue">(PHONE RINGS)</font> 51 00:02:31.156 --> 00:02:32.614 <font color="DeepSkyBlue">(CHATTER)</font> 52 00:02:32.657 --> 00:02:34.364 Just let me lead it off. 53 00:02:34.408 --> 00:02:36.575 It's completely fucking crazy. 54 00:02:36.620 --> 00:02:38.578 We can't back down on this one, Andy. 55 00:02:38.621 --> 00:02:40.705 We're not gonna back down. We're gonna hold firm. 56 00:02:40.748 --> 00:02:42.748 What, no good mornings, no hellos? 57 00:02:42.792 --> 00:02:44.208 Dad? 58 00:02:47.631 --> 00:02:49.379 What's going on? 59 00:02:49.424 --> 00:02:51.758 You're giving out 175 mil in bonuses? 60 00:02:51.800 --> 00:02:53.092 - I am. - In December? 61 00:02:53.135 --> 00:02:55.345 We've had a very strong year. 62 00:02:55.388 --> 00:02:57.324 The year's not over. We don't know where we're gonna land. 63 00:02:57.348 --> 00:02:59.181 I wanna reward people. 64 00:02:59.224 --> 00:03:01.037 I want them to feel good about the work they've done here. 65 00:03:01.061 --> 00:03:03.227 There's a reason that the bonuses go out in February, 66 00:03:03.270 --> 00:03:04.478 ...especially in this climate. 67 00:03:04.521 --> 00:03:06.647 You're not hearing me. 68 00:03:06.691 --> 00:03:08.960 It's important that people can take care of their families. 69 00:03:08.984 --> 00:03:10.484 Isn't it better to play it safe? 70 00:03:10.527 --> 00:03:12.946 Hang on to any windfall just in case? 71 00:03:12.989 --> 00:03:15.031 I'm paying out the bonuses now. 72 00:03:15.074 --> 00:03:17.199 <font color="Chocolate">MARK:</font> <i>But that's crazy. It doesn't make any sense.</i> 73 00:03:19.079 --> 00:03:22.580 - Peter. - Bernie, come on. 74 00:03:22.623 --> 00:03:25.333 This isn't a fucking debate. 75 00:03:26.919 --> 00:03:28.377 I'm paying out the bonuses now. 76 00:03:28.420 --> 00:03:30.379 I'm taking care of everybody. 77 00:03:30.423 --> 00:03:31.798 Dad, are you all right? 78 00:03:31.841 --> 00:03:34.675 What's going on with you? 79 00:03:34.718 --> 00:03:36.426 I'm okay. 80 00:03:36.471 --> 00:03:38.304 <i>Okay, are you sure?</i> 81 00:03:38.347 --> 00:03:40.890 <font color="Chocolate">PETER:</font> <i>Bernie, just tell them.</i> 82 00:03:40.934 --> 00:03:42.599 <font color="Chocolate">ANDY:</font> <i>Tell us what?</i> 83 00:03:45.521 --> 00:03:47.688 What is it, Dad? What's going on? 84 00:03:53.321 --> 00:03:55.071 <font color="Chocolate">ANDY:</font> <i>What is it, Dad?</i> 85 00:03:58.325 --> 00:03:59.992 I have to talk to you. 86 00:04:00.036 --> 00:04:02.203 <font color="Chocolate">MARK:</font> <i>You can. You know you can.</i> 87 00:04:02.246 --> 00:04:04.079 I know. 88 00:04:12.298 --> 00:04:14.549 Fucking fish bowl here. 89 00:04:16.553 --> 00:04:19.052 Fucking fish bowl. 90 00:04:19.097 --> 00:04:20.595 Huh? 91 00:04:22.392 --> 00:04:24.183 Everybody can see everything in here. 92 00:04:24.227 --> 00:04:27.561 How come we never got fucking blinds? 93 00:04:27.604 --> 00:04:30.063 <font color="DeepSkyBlue">(LINE RINGING)</font> 94 00:04:30.107 --> 00:04:32.025 <font color="Chocolate">WOMAN:</font> <i>Hello?</i> <font color="Chocolate">BERNIE:</font> <i>Hello, Ruth.</i> 95 00:04:32.068 --> 00:04:33.587 - <i>Hi.</i> - <i>The boys and I are heading home.</i> 96 00:04:33.611 --> 00:04:35.193 <font color="Chocolate">RUTH:</font> <i>Why?</i> 97 00:04:35.238 --> 00:04:37.280 <font color="Chocolate">BERNIE:</font> <i>I have to talk to you all.</i> 98 00:04:37.323 --> 00:04:39.282 <font color="Chocolate">RUTH:</font> <i>Oh, okay.</i> 99 00:04:39.325 --> 00:04:41.616 - <i>Yeah, we'll be home soon.</i> <font color="Chocolate">RUTH:</font> <i>All right.</i> 100 00:04:46.206 --> 00:04:48.166 <font color="DeepSkyBlue">(HORNS HONKING)</font> 101 00:04:49.626 --> 00:04:51.626 Is it your health? 102 00:04:54.549 --> 00:04:55.922 No. 103 00:05:07.854 --> 00:05:09.686 <font color="DeepSkyBlue">(ELEVATOR BEEPING)</font> 104 00:05:13.150 --> 00:05:14.316 <font color="DeepSkyBlue">(ELEVATOR BELL DINGS)</font> 105 00:05:19.741 --> 00:05:22.157 Let's go in the study downstairs. 106 00:05:26.498 --> 00:05:28.164 <font color="DeepSkyBlue">(DOOR CLOSES)</font> 107 00:05:32.003 --> 00:05:35.212 <font color="Chocolate">BERNIE:</font> <i>There's no way to...to say it.</i> 108 00:05:37.217 --> 00:05:39.592 <i>None of it is real.</i> 109 00:05:39.635 --> 00:05:41.551 <i>It's all one big fucking lie.</i> 110 00:05:41.595 --> 00:05:44.179 - What is? - The advisory. 111 00:05:44.224 --> 00:05:45.681 It's a fraud. 112 00:05:45.724 --> 00:05:47.849 <i>There are no investments.</i> 113 00:05:47.893 --> 00:05:50.164 What are you talking about? Of course there are investments. 114 00:05:50.188 --> 00:05:52.938 - I made them up. - They're on every statement. 115 00:05:52.982 --> 00:05:56.025 - I ma...I made them up. - I've seen the trades. 116 00:05:56.068 --> 00:05:57.193 <i>They're fake.</i> 117 00:05:58.321 --> 00:05:59.778 It's all fake. 118 00:05:59.823 --> 00:06:02.030 Basically, just a big Ponzi scheme. 119 00:06:04.076 --> 00:06:06.910 What's a Ponzi scheme? 120 00:06:06.955 --> 00:06:08.453 I took money from some people. 121 00:06:08.498 --> 00:06:09.871 I gave it to others and I never... 122 00:06:09.916 --> 00:06:11.498 ...there's nothing left. 123 00:06:11.542 --> 00:06:14.460 <i>There's supposed to be 50 billion.</i> 124 00:06:14.503 --> 00:06:16.419 There's absolutely nothing. 125 00:06:16.463 --> 00:06:18.714 It's all gone. I spoke to Peter... 126 00:06:18.758 --> 00:06:21.092 <i>...I told him I'm gonna turn myself in next week.</i> 127 00:06:24.681 --> 00:06:26.847 <font color="DeepSkyBlue">(SCOFFS)</font> How could you do this? 128 00:06:26.890 --> 00:06:31.059 - I just couldn't stop... <font color="Chocolate">MARK:</font> <i>Bullshit.</i> 129 00:06:31.104 --> 00:06:32.789 It got bigger and bigger and it just wouldn't stop. 130 00:06:32.813 --> 00:06:35.272 Bullshit. 131 00:06:35.316 --> 00:06:38.316 - I didn't mean for it to get like this. - No, no, no, no. 132 00:06:38.361 --> 00:06:40.277 You can't do this. I'm your son. 133 00:06:40.321 --> 00:06:43.823 Dad. Dad, how could you do this? 134 00:06:43.866 --> 00:06:45.366 <i>I'm gonna set you guys up.</i> 135 00:06:45.409 --> 00:06:47.826 Yeah. It's...it's all gonna be okay. 136 00:06:47.871 --> 00:06:50.705 There's still a few hundred million left. 137 00:06:50.748 --> 00:06:52.289 I'm gonna... I'm gonna make sure... 138 00:06:52.333 --> 00:06:54.417 ...that you guys are all taken care of, 139 00:06:54.460 --> 00:06:57.544 <i>...the rest of the family, some loyal employees.</i> 140 00:06:57.589 --> 00:06:59.964 It's all gonna be good. I just need a week. 141 00:07:00.008 --> 00:07:02.258 <font color="DeepSkyBlue">(ANDY BREATHING HEAVILY)</font> 142 00:07:02.301 --> 00:07:04.176 <i>Set us up with what?</i> 143 00:07:04.220 --> 00:07:06.554 <font color="DeepSkyBlue">(ECHOING)</font> <i>With stolen money?</i> 144 00:07:06.597 --> 00:07:08.472 <font color="Chocolate">MARK:</font> <i>He's a criminal.</i> 145 00:07:08.515 --> 00:07:10.683 <i>He's gonna spend his life in jail.</i> 146 00:07:10.727 --> 00:07:13.287 <font color="Chocolate">ANDY:</font> <i>Dad, how could you do this?</i> <font color="Chocolate">MARK:</font> <i>You're not my father.</i> 147 00:07:18.234 --> 00:07:22.527 I explained to them that it wasn't malicious, 148 00:07:22.571 --> 00:07:24.739 ...that when I started this problem... 149 00:07:24.782 --> 00:07:27.325 ...or this crime... 150 00:07:27.368 --> 00:07:28.868 ...that is was something that I thought 151 00:07:28.912 --> 00:07:30.828 I would be able to work my way out of. 152 00:07:30.871 --> 00:07:34.123 But that became impossible. 153 00:07:34.167 --> 00:07:37.919 The harder I tried, the deeper I dug myself into a hole. 154 00:07:40.422 --> 00:07:43.715 But it comes down to one thing. 155 00:07:43.760 --> 00:07:46.135 I refused to accept the fact, 156 00:07:46.179 --> 00:07:47.595 ...could not accept the fact... 157 00:07:47.638 --> 00:07:49.429 ...that for once in my life I had failed. 158 00:07:49.474 --> 00:07:52.265 I couldn't... I couldn't admit that failure. 159 00:07:54.270 --> 00:07:56.479 And what was that failure? 160 00:08:02.361 --> 00:08:04.820 Shortly thereafter, I... 161 00:08:06.698 --> 00:08:09.241 ...I think I went back to the office. 162 00:08:09.284 --> 00:08:11.785 Andy was there. I saw Andy. 163 00:08:11.828 --> 00:08:13.703 Did you two speak? 164 00:08:13.748 --> 00:08:15.914 He did mention that... 165 00:08:15.958 --> 00:08:18.083 ...that he, uh... 166 00:08:18.126 --> 00:08:20.835 ...he and Mark were consulting with a lawyer. 167 00:08:23.049 --> 00:08:25.424 <i>Well, as it turned out, he went to see Martin London...</i> 168 00:08:25.467 --> 00:08:27.592 <i>...much honored lawyer, retired.</i> 169 00:08:27.636 --> 00:08:30.095 <font color="Chocolate">DIANA:</font> <i>He's Mark's father-in-law.</i> - <i>Yes.</i> 170 00:08:30.138 --> 00:08:32.974 <font color="Chocolate">DIANA:</font> <i>He'd invested a substantial amount of money with you, right?</i> 171 00:08:33.017 --> 00:08:35.685 <font color="Chocolate">BERNIE:</font> <i>Well, more than some, less than others.</i> 172 00:08:36.729 --> 00:08:39.479 Jesus fucking Christ. 173 00:08:39.523 --> 00:08:40.897 50 million? 174 00:08:40.941 --> 00:08:43.859 50 billion, with a "B." 175 00:08:43.902 --> 00:08:46.903 Jesus fucking Christ. 176 00:08:46.947 --> 00:08:48.364 All right, I'm in Hartford. 177 00:08:48.407 --> 00:08:50.157 I'll be there at 3:00 PM. 178 00:08:51.869 --> 00:08:54.787 You have to understand the money management business... 179 00:08:54.830 --> 00:08:56.663 ...was operating from a small office. 180 00:08:56.708 --> 00:08:58.726 - Yeah, the office is on a separate floor. - The 17th floor. 181 00:08:58.750 --> 00:09:00.687 - It's always seemed successful. - A ton of clients, I think. 182 00:09:00.711 --> 00:09:03.170 - Hedge funds. - I know he'd even turn people away sometimes. 183 00:09:03.214 --> 00:09:05.817 - But all the trades... - Yeah, the trades go through European counterparties. 184 00:09:05.841 --> 00:09:07.716 That's why he has the London office. 185 00:09:07.759 --> 00:09:09.926 And then upstairs on the 19th floor is market making. 186 00:09:09.970 --> 00:09:12.971 - Which is where we work. - These are not my immediate concerns. 187 00:09:13.016 --> 00:09:16.099 But if he plans to spend the week... 188 00:09:16.143 --> 00:09:19.353 ...distributing his ill-gotten gains... 189 00:09:19.397 --> 00:09:21.272 ...amongst his relatives, 190 00:09:21.316 --> 00:09:23.231 ...employees, his friends, 191 00:09:23.276 --> 00:09:25.151 <i>...then this is not over.</i> 192 00:09:25.194 --> 00:09:27.862 This is a crime in progress. 193 00:09:27.904 --> 00:09:31.114 So what are you saying? We have to turn him in? 194 00:09:31.158 --> 00:09:33.575 You don't turn him in. You're an accomplice. 195 00:09:42.795 --> 00:09:45.378 <font color="DeepSkyBlue">(PHONE RINGING)</font> 196 00:09:47.008 --> 00:09:48.798 Yeah? 197 00:09:50.470 --> 00:09:52.802 Okay, it's all fine. 198 00:09:52.846 --> 00:09:54.263 Yep. 199 00:09:54.306 --> 00:09:56.098 <font color="DeepSkyBlue">(PHONE BEEPS)</font> 200 00:09:57.976 --> 00:09:59.435 <font color="Chocolate">RUTH:</font> <i>Who is it?</i> 201 00:10:00.562 --> 00:10:02.229 <font color="Chocolate">BERNIE:</font> <i>The FBI is here.</i> 202 00:10:07.487 --> 00:10:09.320 I know why you're here. 203 00:10:09.364 --> 00:10:11.029 Well, we're here to find out... 204 00:10:11.074 --> 00:10:12.907 ...if there's an innocent explanation. 205 00:10:14.035 --> 00:10:15.575 <font color="DeepSkyBlue">(DOOR CLOSES)</font> 206 00:10:15.619 --> 00:10:18.287 There is no innocent explanation. 207 00:10:20.792 --> 00:10:23.249 Is there someplace we can talk, privately? 208 00:10:23.293 --> 00:10:24.835 In there. 209 00:10:31.009 --> 00:10:32.970 <font color="Chocolate">AGENT:</font> <i>He said he'd been operating a Ponzi scheme</i> 210 00:10:33.012 --> 00:10:34.637 <i>...since the 1970s.</i> 211 00:10:36.431 --> 00:10:39.349 <i>He was so matter-of-fact about it.</i> 212 00:10:39.393 --> 00:10:41.685 <i>He wasn't nervous, he wasn't afraid.</i> 213 00:10:41.729 --> 00:10:43.854 <i>He was just very casual.</i> 214 00:10:43.897 --> 00:10:46.731 <i>Well, sir, he claims to have acted alone.</i> 215 00:10:46.776 --> 00:10:48.149 <i>Yes, sir.</i> 216 00:10:48.194 --> 00:10:49.652 I'll bring him in. 217 00:10:52.364 --> 00:10:54.031 <font color="DeepSkyBlue">(EXHALES)</font> 218 00:10:55.283 --> 00:10:56.825 Hi, it's Ruth. 219 00:10:56.869 --> 00:10:58.160 Are the boys there? 220 00:11:00.163 --> 00:11:01.872 <i>They're not there.</i> 221 00:11:03.459 --> 00:11:05.500 He won't be coming in today. 222 00:11:09.257 --> 00:11:11.215 Sir, you're gonna have to remove your belt, 223 00:11:11.258 --> 00:11:12.841 ...your shoelaces, your tie, 224 00:11:12.884 --> 00:11:14.343 ...and any jewelry. 225 00:11:21.643 --> 00:11:22.851 <font color="Chocolate">BERNIE:</font> <i>This?</i> <font color="Chocolate">AGENT:</font> <i>Yep.</i> 226 00:11:22.894 --> 00:11:24.854 <i>Credit card, cash,</i> 227 00:11:24.897 --> 00:11:26.354 <i>...anything in your pockets, sir.</i> 228 00:12:00.474 --> 00:12:02.391 Turn around, please, sir. 229 00:12:04.979 --> 00:12:07.104 <i>Hands behind your back.</i> 230 00:12:07.147 --> 00:12:08.564 <i>Palms together.</i> 231 00:12:10.234 --> 00:12:11.566 <font color="DeepSkyBlue">(CUFF CLICKS)</font> 232 00:12:17.825 --> 00:12:19.992 Put that stuff away. 233 00:12:20.036 --> 00:12:21.701 And call Ike Sorkin. 234 00:12:25.458 --> 00:12:26.956 <font color="DeepSkyBlue">(DOOR OPENS)</font> 235 00:12:32.130 --> 00:12:34.256 <font color="DeepSkyBlue">(DOOR CLOSES)</font> 236 00:12:36.176 --> 00:12:38.093 <font color="DeepSkyBlue">(HORNS HONKING)</font> 237 00:12:41.389 --> 00:12:42.598 <font color="DeepSkyBlue">(TIRES SCREECH)</font> 238 00:12:44.851 --> 00:12:47.978 <font color="Chocolate">INVESTIGATOR:</font> <i>What happened on the night of December 9, 2008?</i> 239 00:12:48.022 --> 00:12:49.522 <font color="Chocolate">PETER:</font> <i>My brother told me...</i> 240 00:12:49.565 --> 00:12:51.941 ...that his investment advisory business... 241 00:12:51.984 --> 00:12:53.776 ...was a Ponzi scheme. 242 00:12:53.819 --> 00:12:56.195 And what was your reaction to hearing that Mr. Madoff... 243 00:12:56.239 --> 00:12:58.113 ...was operating a Ponzi scheme? 244 00:12:58.157 --> 00:13:00.657 - Well, I was in total shock. <font color="DeepSkyBlue">(ELEVATOR BELL DINGS)</font> 245 00:13:00.700 --> 00:13:02.803 <font color="Chocolate">INVESTIGATOR:</font> <i>In your first interview with the government,</i> 246 00:13:02.827 --> 00:13:04.744 <i>...you stated that you idolized your brother.</i> 247 00:13:04.788 --> 00:13:06.767 - <i>Is that correct?</i> <font color="Chocolate">PETER:</font> <i>Yes, and that's correct.</i> 248 00:13:06.791 --> 00:13:08.748 <font color="Chocolate">INVESTIGATOR:</font> <i>Why did you idolize your brother?</i> 249 00:13:10.503 --> 00:13:12.127 <font color="Chocolate">PETER:</font> <i>Well, because he was brilliant.</i> 250 00:13:12.171 --> 00:13:14.922 <i>Everywhere you go, people talked about Bernie.</i> 251 00:13:14.965 --> 00:13:16.840 <i>He was a true pioneer.</i> 252 00:13:16.883 --> 00:13:18.676 <i>Everyone in the industry,</i> 253 00:13:18.719 --> 00:13:21.220 <i>...including the highest-ranking officials at the SEC,</i> 254 00:13:21.263 --> 00:13:23.096 <i>...believed that my brother was</i> 255 00:13:23.139 --> 00:13:27.268 ...one of the most honorable and successful traders... 256 00:13:27.311 --> 00:13:29.228 ...of our time. 257 00:13:29.272 --> 00:13:31.647 Nobody believed that more than I did. 258 00:13:31.691 --> 00:13:33.983 I revered him. 259 00:13:36.278 --> 00:13:39.321 <i>I trusted him... implicitly.</i> 260 00:13:39.364 --> 00:13:41.614 <font color="DeepSkyBlue">(LINE RINGING)</font> 261 00:13:41.658 --> 00:13:43.700 - <i>Sorkin.</i> - Ike, it's Bernie. 262 00:13:43.744 --> 00:13:46.829 Uh, I'm down at FBI headquarters... 263 00:13:46.872 --> 00:13:48.580 ...handcuffed to a wall. 264 00:13:48.623 --> 00:13:50.791 <font color="Chocolate">IKE:</font> <i>Bernie, don't say another word.</i> 265 00:13:52.295 --> 00:13:54.128 We arrested him this morning. 266 00:13:54.171 --> 00:13:55.837 Was he okay? 267 00:13:55.881 --> 00:13:57.631 I put the cuffs on him myself. 268 00:13:57.675 --> 00:13:59.550 He went quietly as though he expected us. 269 00:14:01.262 --> 00:14:03.012 <font color="Chocolate">AGENT CACIOPPI:</font> <i>To be honest,</i> 270 00:14:03.055 --> 00:14:04.805 <i>...he looked relieved.</i> 271 00:14:07.183 --> 00:14:09.018 <i>You did the right thing, son.</i> 272 00:14:14.566 --> 00:14:16.483 <font color="DeepSkyBlue">(MACHINE BEEPS)</font> <font color="DeepSkyBlue">(RADIO CHATTER)</font> 273 00:14:19.904 --> 00:14:22.447 <font color="DeepSkyBlue">(PHONE RINGS)</font> <font color="DeepSkyBlue">(CAMERA SHUTTER CLICKS)</font> 274 00:14:22.490 --> 00:14:24.365 <font color="Chocolate">MAN:</font> <i>Turn to the right.</i> 275 00:14:25.869 --> 00:14:27.536 <font color="DeepSkyBlue">(CAMERA SHUTTER CLICKS)</font> 276 00:14:27.580 --> 00:14:31.331 Yeah, the FBI just processed him... 277 00:14:31.374 --> 00:14:34.084 ...and they transferred him over to Pearl Street. 278 00:14:34.128 --> 00:14:36.295 Yeah, we're heading in right now. 279 00:14:36.339 --> 00:14:38.881 <i>So you were making money off of the trades.</i> 280 00:14:40.426 --> 00:14:42.258 There were no trades. 281 00:14:42.302 --> 00:14:44.677 - What do you mean there were no trades? - I made them up. 282 00:14:44.721 --> 00:14:48.098 - Weren't there statements? - <i>Every month, they were fake.</i> 283 00:14:48.142 --> 00:14:50.643 Purchase dates, they were fake; 284 00:14:50.686 --> 00:14:52.978 Shares, they were fake; Options, they were fake; 285 00:14:53.022 --> 00:14:54.479 <i>Returns, they were fake.</i> 286 00:14:54.522 --> 00:14:57.398 So when was the last trade you executed? 287 00:14:59.110 --> 00:15:01.027 15 years ago. 288 00:15:02.989 --> 00:15:05.074 <font color="Chocolate">ATTORNEY:</font> <i>Who else knew?</i> 289 00:15:05.117 --> 00:15:06.742 I acted alone. 290 00:15:09.080 --> 00:15:11.747 <font color="Chocolate">INVESTIGATOR:</font> <i>When did he tell you he started this Ponzi scheme?</i> 291 00:15:11.791 --> 00:15:13.748 He didn't. 292 00:15:13.792 --> 00:15:16.793 <i>And the entire time he was running it, you had no idea?</i> 293 00:15:16.836 --> 00:15:19.754 - No, I didn't. <font color="Chocolate">CACIOPPI:</font> <i>And what was your role at the firm?</i> 294 00:15:19.798 --> 00:15:23.591 <i>I ran the firm's NASDAQ desk in the late '90s,</i> 295 00:15:23.635 --> 00:15:27.012 ...added the rest of the market-making desk in 2001, 296 00:15:27.056 --> 00:15:29.848 ...and moved to the proprietary trading desk in 2003... 297 00:15:29.892 --> 00:15:31.767 You're not answering my question. 298 00:15:31.811 --> 00:15:33.351 What exactly is your role at the firm? 299 00:15:33.396 --> 00:15:35.144 <i>I'm only in the office a few days a week.</i> 300 00:15:35.189 --> 00:15:37.815 I've been building a separate business called Madoff Energy... 301 00:15:37.858 --> 00:15:40.609 Sir, what is your exact title at BLM? 302 00:15:41.903 --> 00:15:45.029 Director of Proprietary Trading... 303 00:15:45.074 --> 00:15:48.157 ...and Codirector of Trading. 304 00:15:48.201 --> 00:15:51.787 <font color="Chocolate">INVESTIGATOR:</font> And where did the money for these loans come from? 305 00:15:51.830 --> 00:15:55.081 The loans that allowed you to buy your loft in SOHO, 306 00:15:55.125 --> 00:15:58.252 ...your house in Greenwich, your house in Nantucket. 307 00:15:58.295 --> 00:16:01.463 I assume from the money he made through investments. 308 00:16:01.507 --> 00:16:03.340 <font color="Chocolate">INVESTIGATOR:</font> <i>On the private advisory side?</i> 309 00:16:03.383 --> 00:16:05.426 - Yes. - <i>On the 17th floor?</i> 310 00:16:05.469 --> 00:16:09.846 - Yes. - And you never asked what went on the 17th floor? 311 00:16:09.889 --> 00:16:11.473 <font color="DeepSkyBlue">(SCOFFS)</font> Of course I did. 312 00:16:11.517 --> 00:16:14.308 - <i>You did?</i> - Yes. 313 00:16:14.353 --> 00:16:16.894 - But... - But what? 314 00:16:16.939 --> 00:16:19.480 He would always say, 315 00:16:19.524 --> 00:16:22.109 "You run your business and I'll run my business." 316 00:16:22.152 --> 00:16:23.694 And you never thought... 317 00:16:23.738 --> 00:16:27.029 ...to follow up on those questions? 318 00:16:27.074 --> 00:16:29.450 - You don't understand... - You're right, I don't. 319 00:16:29.493 --> 00:16:31.285 I don't understand... 320 00:16:31.327 --> 00:16:34.370 ...how you could work in the same office as your father... 321 00:16:34.415 --> 00:16:37.541 ...for 20 years and suspect nothing. 322 00:16:37.585 --> 00:16:40.418 <i>Nothing?</i> 323 00:16:40.462 --> 00:16:42.421 <i>Who are some of your father's clients?</i> 324 00:16:42.465 --> 00:16:45.047 <font color="Chocolate">ANDY:</font> <i>I'm not privy to all of them,</i> 325 00:16:45.091 --> 00:16:50.763 ...but, um, Jeffry Picower was a big one. 326 00:16:50.806 --> 00:16:52.931 Fred Wilpon and Saul Katz of the Mets. 327 00:16:52.974 --> 00:16:55.893 <i>HSBC, Royal Bank of Scotland,</i> 328 00:16:55.936 --> 00:16:59.396 ...some family friends, Marty. 329 00:16:59.440 --> 00:17:03.441 <i>But he wouldn't talk about who or what he did for them.</i> 330 00:17:03.485 --> 00:17:07.362 Our money was with him as well. 331 00:17:07.405 --> 00:17:10.990 <font color="Chocolate">INVESTIGATOR:</font> <i>So you were never suspicious of your father?</i> 332 00:17:11.035 --> 00:17:12.534 Never? 333 00:17:12.577 --> 00:17:14.495 Do you not understand who he was? 334 00:17:14.537 --> 00:17:16.016 I think we're all beginning to understand... 335 00:17:16.039 --> 00:17:17.748 ...exactly who your father is, Mr. Madoff. 336 00:17:17.791 --> 00:17:19.499 He wasn't just my father. 337 00:17:19.543 --> 00:17:23.170 You know, he was fucking idolized. 338 00:17:23.213 --> 00:17:25.172 We're talking about a man... 339 00:17:25.216 --> 00:17:27.298 ...who created the modern market as we know it. 340 00:17:27.343 --> 00:17:29.593 He created NASDAQ. 341 00:17:29.636 --> 00:17:31.970 He's Chairman of NASDAQ. 342 00:17:32.014 --> 00:17:34.681 <i>He's Chairman of the National Securities Clearing Corporation,</i> 343 00:17:34.724 --> 00:17:37.726 <i>Chairman of the International Securities Clearing Corporation,</i> 344 00:17:37.769 --> 00:17:40.312 Chairman of the National Association of Securities Dealers, 345 00:17:40.355 --> 00:17:42.480 ...which was FINRA before FINRA fucking existed. 346 00:17:42.525 --> 00:17:44.900 Chairman of the SIA Trading Committee. 347 00:17:44.943 --> 00:17:47.214 - Okay, we understand your point, sir... - <i>No, I don't think you do.</i> 348 00:17:47.238 --> 00:17:49.613 <i>Chairman of the National Business Conduct Committee.</i> 349 00:17:49.656 --> 00:17:52.177 - Sir, we understand. - Member of the SIA Federal Regulation Committee. 350 00:17:52.200 --> 00:17:55.494 - Sir, that's enough. - Chairman of the NASD Small Order Execution Committee. 351 00:17:55.537 --> 00:17:58.079 I mean, you're asking me... how I didn't know. 352 00:17:58.123 --> 00:18:01.208 Well, I'm asking you. 353 00:18:01.251 --> 00:18:04.670 You're the FBI, you're the SEC. 354 00:18:04.712 --> 00:18:05.921 You investigated him before, 355 00:18:05.964 --> 00:18:09.298 ...so I'm...I'm asking you... 356 00:18:09.343 --> 00:18:11.634 ...how the fuck did you not know?! 357 00:18:11.679 --> 00:18:15.514 Sir, we are not the focus here. You are. 358 00:18:15.557 --> 00:18:17.598 You're saying that you never stepped foot... 359 00:18:17.643 --> 00:18:19.058 ...on the 17th floor? 360 00:18:21.188 --> 00:18:22.604 No. 361 00:18:24.149 --> 00:18:25.731 And why not? 362 00:18:27.277 --> 00:18:29.777 <font color="DeepSkyBlue">(MUSIC PLAYING)</font> 363 00:18:35.119 --> 00:18:37.702 <font color="Khaki">♪ <i>Sleigh bells ring</i> ♪</font> 364 00:18:37.746 --> 00:18:39.912 <font color="Khaki">♪ <i>Are you listening</i> ♪</font> 365 00:18:39.957 --> 00:18:41.998 <font color="Khaki">♪ <i>In the lane</i> ♪</font> 366 00:18:42.041 --> 00:18:44.668 <font color="Khaki">♪ <i>Snow is glistening</i> ♪</font> 367 00:18:44.711 --> 00:18:48.337 <font color="Chocolate">AGENT:</font> <i>What happened on the morning of December 11th, 2008?</i> 368 00:18:48.382 --> 00:18:50.214 <font color="Chocolate">MAN:</font> <i>Uh, I was in my office...</i> 369 00:18:50.258 --> 00:18:52.550 <i>...and, uh, I got a telephone call.</i> 370 00:18:52.595 --> 00:18:54.595 <font color="DeepSkyBlue">(PHONE RINGS)</font> <font color="Chocolate">AGENT:</font> <i>Who was on the phone?</i> 371 00:18:54.637 --> 00:18:57.431 <font color="Chocolate">MAN:</font> <i>It was, uh, Bernie Madoff.</i> 372 00:18:57.473 --> 00:18:59.432 <font color="Chocolate">AGENT:</font> <i>What did Bernie Madoff say to you?</i> 373 00:18:59.476 --> 00:19:01.309 Yeah? 374 00:19:01.353 --> 00:19:03.353 <font color="Chocolate">MAN:</font> <i>Frank, my brother, is in the office...</i> 375 00:19:03.396 --> 00:19:05.646 - What? - <i>with the FBI.</i> 376 00:19:05.691 --> 00:19:07.481 What the fuck? 377 00:19:07.526 --> 00:19:09.776 <font color="Chocolate">AGENT:</font> <i>How old were you when you first started working...</i> 378 00:19:09.819 --> 00:19:11.361 <i>...for Bernie Madoff?</i> 379 00:19:11.404 --> 00:19:13.572 I was 19 years old. 380 00:19:13.615 --> 00:19:16.033 <i>In what capacity had you known him?</i> 381 00:19:17.201 --> 00:19:20.202 Oh, well, he was my boss. 382 00:19:20.247 --> 00:19:23.873 <i>What type of work had you done for him over the years?</i> 383 00:19:23.918 --> 00:19:26.043 Uh, really anything he asked me to. 384 00:19:26.085 --> 00:19:27.877 Everything from, you know, running errands... 385 00:19:27.922 --> 00:19:30.838 ...to running his investment advisory department. 386 00:19:30.883 --> 00:19:34.217 <i>Did you know why the FBI was at Peter Madoff's office?</i> 387 00:19:34.260 --> 00:19:37.470 <font color="DeepSkyBlue">(CHUCKLES)</font> Yes, I did. 388 00:19:37.514 --> 00:19:40.097 <i>And what did that mean to you?</i> 389 00:19:40.142 --> 00:19:42.351 Uh, it meant that I was going to jail. 390 00:19:45.189 --> 00:19:47.271 <font color="Chocolate">AGENT:</font> <i>Why did you think you were going to jail?</i> 391 00:19:47.316 --> 00:19:49.794 <font color="Chocolate">FRANK:</font> <i>Because I was well aware of the nature of the operation.</i> 392 00:19:49.817 --> 00:19:53.653 <font color="DeepSkyBlue">(DOOR CLOSES)</font> <font color="Chocolate">AGENT:</font> <i>And what was the nature of the operation?</i> 393 00:19:54.906 --> 00:19:56.530 It was a fraud... 394 00:19:57.534 --> 00:19:59.116 ...simply put. 395 00:19:59.161 --> 00:20:00.786 <font color="DeepSkyBlue">(DOOR CLOSES)</font> 396 00:20:00.828 --> 00:20:03.246 <font color="Chocolate">FRANK:</font> <i>I always thought that Bernie...</i> 397 00:20:03.289 --> 00:20:05.457 <i>...would be able to make it good, you know?</i> 398 00:20:05.500 --> 00:20:07.187 <i>He had money here, he had money there, he moved stuff around.</i> 399 00:20:07.210 --> 00:20:08.730 <i>There was always a lot of moving parts.</i> 400 00:20:08.754 --> 00:20:11.837 <i>Maybe I was lying to myself.</i> 401 00:20:11.882 --> 00:20:13.673 <i>I don't know, but I...I thought he...</i> 402 00:20:13.717 --> 00:20:15.508 <i>I thought he could cover it.</i> 403 00:20:15.552 --> 00:20:18.178 <font color="DeepSkyBlue">(PEOPLE MURMURING)</font> 404 00:20:18.221 --> 00:20:19.887 What the hell is this? 405 00:20:19.931 --> 00:20:22.598 Bernie's been arrested for securities fraud. 406 00:20:22.643 --> 00:20:24.351 The SEC's getting a court order... 407 00:20:24.394 --> 00:20:26.060 ...to seize control and shut us down. 408 00:20:26.104 --> 00:20:27.645 Without an investigation? 409 00:20:27.690 --> 00:20:28.939 What could they possibly know? 410 00:20:28.982 --> 00:20:31.191 Whatever Bernie told them. 411 00:20:34.153 --> 00:20:36.654 Sir, who was that gentleman? 412 00:20:36.699 --> 00:20:39.074 He's... uh, he works here. 413 00:20:39.117 --> 00:20:42.786 - Where? - Uh, on the 17th floor. 414 00:20:42.829 --> 00:20:44.912 There's a 17th floor? 415 00:20:53.632 --> 00:20:55.423 <font color="DeepSkyBlue">(KEYPAD BEEPING)</font> 416 00:20:57.803 --> 00:21:01.179 Annette, Bernie's been arrested for securities fraud. 417 00:21:01.222 --> 00:21:03.765 The SEC and the FBI are upstairs right now. 418 00:21:03.808 --> 00:21:05.307 What? 419 00:21:05.352 --> 00:21:07.227 The hell does that mean? 420 00:21:11.191 --> 00:21:12.941 We need your keycard, ma'am. 421 00:21:20.366 --> 00:21:21.866 Come on, come on, come on. 422 00:21:21.910 --> 00:21:24.243 <i>Please, please. Come on, come on, come on.</i> 423 00:21:25.288 --> 00:21:26.954 <font color="DeepSkyBlue">(EXHALES)</font> 424 00:21:28.166 --> 00:21:29.915 <font color="DeepSkyBlue">(BEEPING)</font> <font color="Chocolate">AGENT:</font> <i>Open it.</i> 425 00:21:29.960 --> 00:21:33.420 FBI! Everyone stop what what you're doing! 426 00:21:33.463 --> 00:21:37.673 FBI! I said stop what you're doing right now. 427 00:21:37.718 --> 00:21:40.177 <i>Move away from the computer!</i> 428 00:21:40.220 --> 00:21:43.596 Sir, FBI. Do not touch that computer. 429 00:21:43.640 --> 00:21:46.098 <i>I said move away from the computer!</i> 430 00:21:48.019 --> 00:21:50.854 <font color="Chocolate">MAN:</font> <i>Hey, Dan, walk this group out.</i> <font color="DeepSkyBlue">(SIGHS)</font> 431 00:21:56.361 --> 00:21:59.237 <font color="Chocolate">BERNIE:</font> <i>The advisory was a completely separate business,</i> 432 00:21:59.280 --> 00:22:01.864 <i>...a completely separate entity.</i> 433 00:22:01.909 --> 00:22:03.909 <i>Never the two should meet, ever,</i> 434 00:22:03.951 --> 00:22:05.493 <i>...and they didn't.</i> 435 00:22:05.537 --> 00:22:07.996 <i>And I made it that way on purpose, obviously.</i> 436 00:22:08.039 --> 00:22:10.748 <font color="Chocolate">DIANA:</font> <i>What about your brother? Peter's in trouble.</i> 437 00:22:10.793 --> 00:22:14.710 <font color="Chocolate">BERNIE:</font> <i>Yes. - Because he trusted you. He did what you told him to.</i> 438 00:22:14.755 --> 00:22:19.341 - He did. - <i>And you told him to do things that exposed him...</i> 439 00:22:19.383 --> 00:22:21.927 <i>...to this criminal liability he's facing right now.</i> 440 00:22:21.970 --> 00:22:24.762 How did you... justify that, Bernie? 441 00:22:24.806 --> 00:22:28.557 How did you... sleep with that? 442 00:22:28.602 --> 00:22:30.602 I guess the way I could sleep with it... 443 00:22:30.645 --> 00:22:32.770 ...is that I knew that Peter didn't know anything... 444 00:22:32.815 --> 00:22:34.730 ...even though I had him do things... 445 00:22:34.775 --> 00:22:36.775 ...which he didn't realize 446 00:22:36.818 --> 00:22:39.693 ...could've implicated him in this... 447 00:22:39.738 --> 00:22:41.738 ...in this, um... 448 00:22:42.865 --> 00:22:44.990 ...crime. 449 00:22:45.035 --> 00:22:47.952 <font color="DeepSkyBlue">(CHATTER)</font> 450 00:22:47.996 --> 00:22:50.663 <font color="Chocolate">WOMAN:</font> <i>Bernie was always needling people.</i> 451 00:22:50.707 --> 00:22:53.708 He would find your weak spot and he would poke at it. 452 00:22:53.751 --> 00:22:57.045 I mean, that was Bernie and he could be a real bastard. 453 00:22:57.088 --> 00:22:58.672 But not like this. 454 00:22:58.714 --> 00:23:01.298 <i>I mean, not stealing people's money.</i> 455 00:23:01.343 --> 00:23:03.634 I mean, at first, I started thinking, 456 00:23:03.679 --> 00:23:06.971 "My God, you know, did one of the grandchildren get kidnapped?" 457 00:23:07.015 --> 00:23:09.223 "Was the 10 million ransom money?" 458 00:23:09.268 --> 00:23:11.351 What 10 million? 459 00:23:11.394 --> 00:23:13.979 The 10 million that Ruth came in... 460 00:23:14.021 --> 00:23:17.524 ...and withdrew from her Cohmad account 461 00:23:17.567 --> 00:23:21.027 ...and transferred into her Wachovia account. 462 00:23:22.197 --> 00:23:24.322 I mean, I... what do I know? 463 00:23:24.365 --> 00:23:26.825 I mean, I'm always watching crime stories, you know? 464 00:23:26.868 --> 00:23:30.077 I fall asleep every night to "SVU." 465 00:23:30.122 --> 00:23:31.787 And you're saying on December 10th, 466 00:23:31.832 --> 00:23:35.166 Ruth Madoff withdrew $10 million from her Cohmad account... 467 00:23:35.210 --> 00:23:37.169 ...and transferred it to a personal account? 468 00:23:37.211 --> 00:23:39.171 Yes, but that is not unusual. 469 00:23:39.213 --> 00:23:41.839 I mean, think of it like having an ATM 470 00:23:41.883 --> 00:23:43.633 ...in your, you know...your living room. 471 00:23:43.677 --> 00:23:45.552 Except, you know, when things are going on, 472 00:23:45.595 --> 00:23:46.760 ...you wonder. 473 00:23:49.807 --> 00:23:52.142 <font color="DeepSkyBlue">(MOUSE CLICKS)</font> <font color="DeepSkyBlue">(KEYBOARD CLACKING)</font> 474 00:23:52.185 --> 00:23:54.768 <font color="Chocolate">GIRL:</font> <i>Mommy's here!</i> 475 00:23:54.813 --> 00:23:57.898 <font color="DeepSkyBlue">(SHOUTS)</font> <font color="Chocolate">WOMAN:</font> <i>Don't forget your ball.</i> 476 00:23:57.941 --> 00:24:00.482 We're gonna go to Connecticut for a few days. 477 00:24:00.527 --> 00:24:02.152 You know it might snow? 478 00:24:02.195 --> 00:24:04.988 No mention of his arrest yet. 479 00:24:05.031 --> 00:24:07.990 <font color="DeepSkyBlue">(CELL PHONE RINGING)</font> 480 00:24:11.622 --> 00:24:13.704 - It's my mom. - <i>Don't answer.</i> 481 00:24:13.748 --> 00:24:15.414 You know what Flumenbaum said... 482 00:24:15.459 --> 00:24:17.334 ...no contact. 483 00:24:17.376 --> 00:24:19.126 Don't screw around, Mark. 484 00:24:19.171 --> 00:24:21.462 <font color="DeepSkyBlue">(TOY PLAYS MUSIC)</font> 485 00:24:23.383 --> 00:24:25.674 - Hi, Mom. - Hi, Mark. 486 00:24:25.719 --> 00:24:28.345 <font color="DeepSkyBlue">(ELEVATOR BELL DINGS)</font> - Honey, I'm, um...I'm with your father... 487 00:24:28.387 --> 00:24:30.305 ...and in order to release him on bond... 488 00:24:30.348 --> 00:24:32.598 ...they need four signatures. 489 00:24:32.643 --> 00:24:34.768 It's a $10 million bond. 490 00:24:34.810 --> 00:24:38.520 - What? - <i>Ugh, I know. Can you believe?</i> 491 00:24:38.565 --> 00:24:40.148 Anyway, can you get down here? 492 00:24:40.191 --> 00:24:42.066 Uh, I'll text you the address. 493 00:24:42.110 --> 00:24:44.402 Mom, 494 00:24:44.445 --> 00:24:46.613 ...do you understand what he's done? 495 00:24:46.656 --> 00:24:48.949 No, honey, Mark, I know you're angry, 496 00:24:48.991 --> 00:24:50.408 ...but he's your father. 497 00:24:50.451 --> 00:24:52.994 I'm not doing it. End of discussion. 498 00:24:54.706 --> 00:24:56.373 <font color="Chocolate">RUTH:</font> <i>Mark.</i> 499 00:24:58.335 --> 00:24:59.625 <font color="DeepSkyBlue">(DOOR CLOSES)</font> 500 00:25:04.383 --> 00:25:06.173 I'll try Andy. 501 00:25:10.096 --> 00:25:12.889 What do you mean by misunderstanding? 502 00:25:12.932 --> 00:25:15.683 We couldn't get your sons to sign. 503 00:25:15.727 --> 00:25:17.643 They wouldn't sign? 504 00:25:17.688 --> 00:25:19.688 <i>I'm sorry, Mr. Madoff.</i> 505 00:25:19.730 --> 00:25:22.065 The boys wouldn't sign the bond? 506 00:25:22.108 --> 00:25:24.276 I'm very sorry, sir. 507 00:25:24.318 --> 00:25:26.527 Who...did you talk to them or did... 508 00:25:26.570 --> 00:25:28.299 <i>No. Your wife was on the phone with each of them.</i> 509 00:25:28.323 --> 00:25:30.363 Their mother did and they didn't...they wouldn't... 510 00:25:31.785 --> 00:25:33.535 <i>Um...</i> 511 00:25:33.577 --> 00:25:36.871 <font color="DeepSkyBlue">(STAMMERING)</font> Well, there's no money involved in it. 512 00:25:36.914 --> 00:25:39.082 So did they understand that? 513 00:25:39.125 --> 00:25:40.916 Yes. 514 00:25:42.461 --> 00:25:44.379 Hmm, I don't know. 515 00:25:47.758 --> 00:25:49.633 Marc, it's Daniel Horwitz. 516 00:25:49.678 --> 00:25:51.845 <i>We couldn't get the four signatures,</i> 517 00:25:51.887 --> 00:25:53.430 <i>...but I can get you Ruth...</i> 518 00:25:53.472 --> 00:25:55.723 <i>...and, um, Peter Madoff's.</i> 519 00:25:57.268 --> 00:25:59.268 <i>Okay, hold on.</i> 520 00:25:59.313 --> 00:26:02.354 Will you submit to, um, home detention... 521 00:26:02.399 --> 00:26:05.107 ...with electronic monitoring and surveillance, 522 00:26:05.152 --> 00:26:08.777 <i>...homes in Manhattan, Montauk, and Palm Beach will be pledged,</i> 523 00:26:08.822 --> 00:26:11.448 <i>...and yours and Ruth's passports will be surrendered.</i> 524 00:26:11.490 --> 00:26:12.990 <i>Are those terms okay with you?</i> 525 00:26:13.035 --> 00:26:14.742 Um, yeah. 526 00:26:14.786 --> 00:26:17.746 - He says yes. Great. <font color="DeepSkyBlue">(PHONE BUZZING)</font> 527 00:26:17.788 --> 00:26:21.082 - Okay. <font color="Chocolate">WOMAN:</font> <i>"The Journal" just went online with the story.</i> 528 00:26:21.125 --> 00:26:23.396 We have 20 minutes before the press descends on this place. 529 00:26:23.420 --> 00:26:25.085 <font color="Chocolate">HORWITZ:</font> <i>Let's do this.</i> 530 00:26:25.130 --> 00:26:26.755 <font color="DeepSkyBlue">(ZIP TIE ZIPPING)</font> 531 00:26:39.603 --> 00:26:42.770 Mr. Madoff. 532 00:26:42.814 --> 00:26:44.625 <font color="Chocolate">ANDERSON COOPER:</font> <i>It's very strange and troubling news...</i> 533 00:26:44.649 --> 00:26:46.482 <i>...out of Wall Street tonight.</i> 534 00:26:46.526 --> 00:26:49.318 <i>Former NASDAQ Stock Exchange chairman Bernard Madoff...</i> 535 00:26:49.363 --> 00:26:51.028 <i>...out on $10 million bond.</i> 536 00:26:51.073 --> 00:26:53.155 This man with a stellar reputation... 537 00:26:53.200 --> 00:26:54.699 ...seems to have taken a whole lot... 538 00:26:54.742 --> 00:26:56.534 ...of very smart people to the cleaners. 539 00:26:56.577 --> 00:26:59.037 The man they trusted the most with their money, 540 00:26:59.081 --> 00:27:01.413 ...a NASDAQ chairman 18 years ago, 541 00:27:01.458 --> 00:27:03.415 ...is now confessing to authorities... 542 00:27:03.460 --> 00:27:06.377 ...he cheated them of billions of dollars. 543 00:27:06.421 --> 00:27:08.212 And there's a bunch of big-time investors... 544 00:27:08.256 --> 00:27:10.089 ...wondering, how a guy named Madoff... 545 00:27:10.133 --> 00:27:11.673 ...made off with their money. 546 00:27:13.010 --> 00:27:15.010 <font color="DeepSkyBlue">(SIGHS)</font> 547 00:27:15.055 --> 00:27:16.970 What's gonna happen, Bernie? 548 00:27:19.226 --> 00:27:21.643 - I don't know. - Are you gonna go to jail? 549 00:27:24.105 --> 00:27:25.896 Probably. 550 00:27:25.941 --> 00:27:27.816 For how long? 551 00:27:27.858 --> 00:27:30.652 - I don't know, Ruth. - For a long time or a little? 552 00:27:30.694 --> 00:27:32.069 I don't know. 553 00:27:32.114 --> 00:27:34.279 - What? - I don't know. 554 00:27:34.324 --> 00:27:36.490 Are they gonna take the apartment away? 555 00:27:38.286 --> 00:27:39.911 - I don't know. - What about the houses? 556 00:27:39.954 --> 00:27:41.871 What about the boys and the grandkids? 557 00:27:41.914 --> 00:27:45.249 - Ruth. Ruth, enough. - Look I just wanna know if... 558 00:27:45.293 --> 00:27:48.252 I'm sorry if I have questions, Bernie. 559 00:27:48.296 --> 00:27:50.712 I'm sorry if I'm a little scared, okay? 560 00:27:50.757 --> 00:27:52.923 It's just you always keep me in the dark. 561 00:27:52.968 --> 00:27:54.633 I keep you in the dark to protect you. 562 00:27:54.678 --> 00:27:57.178 Yeah, well, it doesn't feel that way anymore. 563 00:27:58.973 --> 00:28:01.181 I just wanna know what's going on. 564 00:28:02.853 --> 00:28:05.018 Please, Bernie, don't keep me in the dark anymore. 565 00:28:05.063 --> 00:28:06.688 Just tell me. 566 00:28:07.899 --> 00:28:09.481 Tell me. 567 00:28:11.611 --> 00:28:13.611 Tell you what, Ruth? 568 00:28:13.654 --> 00:28:16.280 <font color="DeepSkyBlue">(CRYING)</font> 569 00:28:16.324 --> 00:28:18.991 Just tell me, I don't know... 570 00:28:21.746 --> 00:28:24.037 ...what you did. 571 00:28:36.178 --> 00:28:40.512 <font color="Chocolate">BERNIE:</font> <i>I met Ruth when she was 13. I was 16.</i> 572 00:28:40.556 --> 00:28:42.681 <i>A friend was having a party in his basement</i> 573 00:28:42.726 --> 00:28:44.349 <i>Something had happened to the jukebox.</i> 574 00:28:44.393 --> 00:28:46.393 <i>It got knocked around when he was moving it,</i> 575 00:28:46.438 --> 00:28:50.105 <i>...so the only song it'd play was "Sh-Boom" over and over.</i> 576 00:28:50.150 --> 00:28:53.233 <i>She was this tiny, little blonde...</i> 577 00:28:53.277 --> 00:28:54.861 <i>...with enormous blue eyes.</i> 578 00:28:54.904 --> 00:28:56.237 <i>Just gorgeous.</i> 579 00:28:56.280 --> 00:28:58.155 Very funny, too. 580 00:28:58.200 --> 00:28:59.865 You remember that actress Goldie Hawn? 581 00:28:59.910 --> 00:29:02.743 <font color="Chocolate">DIANA:</font> <i>I do very well.</i> - Yeah, that was Ruth. 582 00:29:02.787 --> 00:29:04.974 She'd wake up every morning without a care in the world. 583 00:29:04.998 --> 00:29:07.998 Very lively, very bubbly. 584 00:29:08.043 --> 00:29:09.834 Popular, too. 585 00:29:09.877 --> 00:29:12.211 - Were you popular? - Oh, yeah. 586 00:29:12.255 --> 00:29:14.547 I mean, I was a lifeguard at the time. 587 00:29:14.591 --> 00:29:16.089 Best job I ever had. 588 00:29:16.133 --> 00:29:18.029 I mean, why just be some regular schnook on the beach... 589 00:29:18.053 --> 00:29:19.322 ...when you can be in a guard tower, 590 00:29:19.345 --> 00:29:20.886 ...everyone looking up at you? 591 00:29:20.931 --> 00:29:23.472 - And you get paid. - Did Ruth ever get jealous? 592 00:29:23.517 --> 00:29:25.432 <font color="Chocolate">BERNIE:</font> <i>For the rest of the summer,</i> 593 00:29:25.477 --> 00:29:28.560 <i>...she laid out right next to the... the guard tower every day.</i> 594 00:29:28.604 --> 00:29:30.145 Sometimes I'd whistle down at her 595 00:29:30.190 --> 00:29:32.440 ...and she'd look up and call me a dog. 596 00:29:32.483 --> 00:29:34.066 But I liked having her there. 597 00:29:34.110 --> 00:29:35.442 It felt good. 598 00:29:35.487 --> 00:29:37.945 I mean, we've basically been together 599 00:29:37.989 --> 00:29:40.280 ...every day since the night we met. 600 00:29:40.325 --> 00:29:43.575 It's our 51st anniversary coming up. 601 00:29:43.620 --> 00:29:45.452 Mm. 602 00:29:45.497 --> 00:29:47.956 How do you think you were able to keep it all separate? 603 00:29:47.998 --> 00:29:49.958 For 16 years, 604 00:29:50.000 --> 00:29:52.460 I kept this secret from my wife, 605 00:29:52.504 --> 00:29:54.420 ...my brother, 606 00:29:54.463 --> 00:29:56.922 ...my sons. 607 00:29:56.967 --> 00:29:58.841 <font color="DeepSkyBlue">(SIGHS)</font> 608 00:30:00.220 --> 00:30:03.555 How I was able to do that... 609 00:30:03.597 --> 00:30:05.973 ...and maintain any degree of sanity, 610 00:30:06.017 --> 00:30:08.934 ...well, it's, uh... 611 00:30:10.396 --> 00:30:12.980 ...that worries me when I think about it. 612 00:30:13.024 --> 00:30:15.232 <font color="Khaki">♪ <i>Oh, oh, yes</i> ♪</font> 613 00:30:15.277 --> 00:30:18.944 <font color="Khaki">♪ <i>I'm the great</i> ♪</font> <font color="Khaki">♪ <i>pretender</i> ♪</font> 614 00:30:18.989 --> 00:30:20.697 <font color="Khaki">♪ <i>Ooh, ooh</i> ♪</font> 615 00:30:20.739 --> 00:30:24.409 <font color="Khaki">♪ <i>Pretending</i> ♪</font> <font color="Khaki">♪ <i>that I'm doing well</i> ♪</font> 616 00:30:24.451 --> 00:30:26.201 <font color="Khaki">♪ <i>Ooh, ooh</i> ♪</font> 617 00:30:26.246 --> 00:30:29.162 <font color="Khaki">♪ <i>My need is such</i> ♪</font> 618 00:30:29.207 --> 00:30:32.499 <font color="Khaki">♪ <i>I pretend too much...</i> ♪</font> 619 00:30:32.544 --> 00:30:34.501 - Those are fresh? - Yes, sir. 620 00:30:34.546 --> 00:30:36.045 They are really fresh? 621 00:30:36.088 --> 00:30:38.338 - Fresh this morning. - Not freshly frozen? 622 00:30:38.383 --> 00:30:40.424 - No, sir. - Fresh, fresh, okay. 623 00:30:40.468 --> 00:30:43.135 <font color="Khaki">♪ <i>I'm the great</i> ♪</font> <font color="Khaki">♪ <i>pretender...</i> ♪</font> 624 00:30:43.179 --> 00:30:45.220 Check all the plates. 625 00:30:45.265 --> 00:30:47.472 Make sure that none of them are dirty, please. 626 00:30:47.517 --> 00:30:50.351 I don't want anybody coming here and eating on a dirty plate. 627 00:30:50.394 --> 00:30:51.810 They pick up a napkin, 628 00:30:51.854 --> 00:30:53.313 ...you pick up a napkin... 629 00:30:53.355 --> 00:30:55.105 ...and then you have dirt under here like this. 630 00:30:55.150 --> 00:30:57.566 This one. See? Dirty plate. 631 00:30:57.611 --> 00:30:59.568 Make sure they're all clean. 632 00:31:01.948 --> 00:31:03.698 <font color="Chocolate">INVESTIGATOR:</font> <i>What was your job title...</i> 633 00:31:03.741 --> 00:31:06.575 <i>...at Bernard L. Madoff Investment Securities?</i> 634 00:31:06.620 --> 00:31:09.037 Chief compliance officer. 635 00:31:10.707 --> 00:31:13.415 I never had any financial interest in the firm. 636 00:31:13.460 --> 00:31:18.211 Bernie made it clear that there was no prospect for partnership. 637 00:31:18.256 --> 00:31:21.633 <font color="Khaki">♪ <i>Boom, ba-doh</i> ♪</font> <font color="Khaki">♪ <i>ba-doo, ba-doodle-ay</i> ♪</font> 638 00:31:21.675 --> 00:31:24.259 <font color="Khaki">♪ <i>Oh, life could be</i> ♪</font> <font color="Khaki">♪ <i>a dream</i> ♪</font> 639 00:31:24.304 --> 00:31:27.971 <font color="Khaki">♪ <i>If I could take you</i> ♪</font> <font color="Khaki">♪ <i>up in paradise up above</i> ♪</font> 640 00:31:28.016 --> 00:31:30.391 <font color="Khaki">♪ <i>If you would tell me...</i> ♪</font> - Eleanor. 641 00:31:30.434 --> 00:31:33.018 So who's the more handsome brother, him or me? 642 00:31:33.063 --> 00:31:35.104 All right, we've all heard this one, Casanova. 643 00:31:35.148 --> 00:31:37.023 - Come on. - In my opinion? 644 00:31:37.066 --> 00:31:38.399 Be honest. 645 00:31:40.152 --> 00:31:43.112 - Peter's way more attractive. - Oh. 646 00:31:43.155 --> 00:31:45.760 So you've got a thing for barrel-chested bald men with big stomachs? 647 00:31:45.784 --> 00:31:47.200 - Screw you! <font color="DeepSkyBlue">(ELEANOR LAUGHS)</font> 648 00:31:47.242 --> 00:31:48.700 <i>In fact, Bernie,</i> 649 00:31:48.745 --> 00:31:51.037 ...when I first met Peter, I said to myself, 650 00:31:51.081 --> 00:31:54.248 "My God, this man looks just like Lee Majors." 651 00:31:54.291 --> 00:31:56.291 - Handsome. - Thank you, Eleanor. 652 00:31:56.335 --> 00:31:58.001 Yeah, that was 25 years ago. 653 00:31:58.046 --> 00:32:00.171 Back then, even you were attractive, Eleanor. 654 00:32:00.214 --> 00:32:01.881 Stuff it, Bernie. 655 00:32:01.924 --> 00:32:04.133 You know you got a thing for me. Do not lie. 656 00:32:04.177 --> 00:32:05.927 You're right, I do. 657 00:32:05.970 --> 00:32:08.762 - Come here. - You know I love you. 658 00:32:08.806 --> 00:32:10.222 <font color="DeepSkyBlue">(BOTH LAUGHING)</font> 659 00:32:11.308 --> 00:32:12.725 I gotta make the rounds. 660 00:32:12.768 --> 00:32:15.143 Peter, do not let him get to you, that one. 661 00:32:15.188 --> 00:32:16.604 I'm used to it, believe me. 662 00:32:18.024 --> 00:32:20.066 <font color="Khaki">♪ <i>Sh-boom, sh-boom</i> ♪</font> 663 00:32:20.110 --> 00:32:21.829 <font color="Khaki">♪ <i>Ya, da, da, da</i> ♪</font> <font color="Khaki">♪ <i>da, da, da, da, da, da</i> ♪</font> 664 00:32:21.861 --> 00:32:23.568 <font color="Khaki">♪ <i>Sh-boom, sh-boom</i> ♪</font> 665 00:32:23.613 --> 00:32:25.404 <font color="Khaki">♪ <i>Ya, da, da, da</i> ♪</font> <font color="Khaki">♪ <i>da, da, da, da, da, da</i> ♪</font> 666 00:32:25.448 --> 00:32:26.780 <font color="Khaki">♪ <i>Sh-boom</i> ♪</font> 667 00:32:29.285 --> 00:32:31.222 <font color="Khaki">♪ <i>Sh-boom, sh-boom...</i> ♪</font> - The fuck you looking at? 668 00:32:31.246 --> 00:32:32.912 Annette, you have a fucking heart attack, 669 00:32:32.956 --> 00:32:34.788 I'm not giving you mouth-to-mouth. 670 00:32:34.833 --> 00:32:36.519 <font color="Khaki">♪ <i>Ya, da, da, da</i> ♪</font> <font color="Khaki">♪ <i>da, da, da, da, da, da...</i> ♪</font> 671 00:32:36.543 --> 00:32:38.625 Just so we're clear. 672 00:32:38.670 --> 00:32:40.961 <font color="Khaki">♪ <i>Ya, da, da, da, da, da</i> ♪</font> <font color="Khaki">♪ <i>da, da, da, da, sh-boom.</i> ♪</font> 673 00:32:41.005 --> 00:32:43.047 Behind you is not the place to be. 674 00:32:43.091 --> 00:32:45.883 Your accounts at Madoff Securities... 675 00:32:45.927 --> 00:32:48.344 ...had a total of approximately $50 million. 676 00:32:48.387 --> 00:32:49.699 - Is that correct? - Yeah, that's correct. 677 00:32:49.722 --> 00:32:52.140 <i>Did it strike you as absurd...</i> 678 00:32:52.182 --> 00:32:54.933 <i>...that someone with just a high school education...</i> 679 00:32:54.978 --> 00:32:56.685 <i>...should have that kind of money?</i> 680 00:32:56.729 --> 00:32:58.895 No! I was very, very lucky. 681 00:32:58.940 --> 00:33:00.773 <i>Kind of like winning the lottery?</i> 682 00:33:00.816 --> 00:33:02.816 Kind of like winning the lottery. 683 00:33:02.861 --> 00:33:05.236 <i>Did it occur to you...</i> 684 00:33:05.279 --> 00:33:07.529 <i>...because you had this great account...</i> 685 00:33:07.574 --> 00:33:10.240 <i>...and it was worth so much,</i> 686 00:33:10.285 --> 00:33:13.076 <i>...there must be something fraudulent there?</i> 687 00:33:13.121 --> 00:33:16.873 No. I never thought of the word fraudulent. 688 00:33:16.915 --> 00:33:19.333 <font color="DeepSkyBlue">(MUSIC PLAYING)</font> - In my experience, 689 00:33:19.376 --> 00:33:22.295 ...and I mean this, there's only four different types of pussy. 690 00:33:22.337 --> 00:33:24.588 Okay? I'm dead serious. 691 00:33:24.632 --> 00:33:27.091 You got your...let me show you. I just saw one. 692 00:33:27.134 --> 00:33:28.925 All right, right there. See there? 693 00:33:28.970 --> 00:33:30.720 That's your Honda Civic pussy. 694 00:33:30.764 --> 00:33:31.929 <i>Gets you where you wanna go.</i> 695 00:33:31.972 --> 00:33:34.015 <i>No shame in this pussy at all.</i> 696 00:33:34.057 --> 00:33:35.932 Reliable. You just, you know, 697 00:33:35.977 --> 00:33:37.768 ...you're not gonna be proud to be seen... 698 00:33:37.812 --> 00:33:39.604 ...riding around town in it, am I right? 699 00:33:39.646 --> 00:33:42.190 - <i>Nothing against her.</i> - What's going on? 700 00:33:42.232 --> 00:33:44.232 It's the world according to Frankie over here. 701 00:33:44.277 --> 00:33:45.755 <font color="Chocolate">FRANK:</font> <i>Right there. You see that there?</i> 702 00:33:45.778 --> 00:33:47.277 That's your Buick Regal pussy. 703 00:33:47.322 --> 00:33:49.822 <i>Okay, a step up from the Honda.</i> 704 00:33:49.865 --> 00:33:52.741 Uh, generally they're cleaner, okay? 705 00:33:52.786 --> 00:33:55.161 Roomier, you fit more passengers in there. 706 00:33:55.204 --> 00:33:58.247 I guess there's pros and cons to that in a pussy. 707 00:33:58.290 --> 00:34:00.333 <i>You know, lovely pussy.</i> 708 00:34:00.375 --> 00:34:02.835 <i>Nobody's gonna mistake it for a Benz, though. Am I right?</i> 709 00:34:02.879 --> 00:34:04.377 Am I right, Robert? 710 00:34:04.422 --> 00:34:05.712 Okay, thank you. God bless you. 711 00:34:05.757 --> 00:34:07.214 I just want you to know, 712 00:34:07.258 --> 00:34:08.633 ...despite everything you see, 713 00:34:08.675 --> 00:34:10.592 Andrew is not from money. 714 00:34:10.637 --> 00:34:12.427 - Oh, no, no. - He's not from money. 715 00:34:12.472 --> 00:34:14.387 I...I'm not...I'm not... 716 00:34:14.432 --> 00:34:16.224 I know you might think he's a rich guy, 717 00:34:16.266 --> 00:34:17.974 ...but he's not. 718 00:34:18.019 --> 00:34:20.478 We're from nothing. My father was broke. 719 00:34:20.521 --> 00:34:23.021 We're not rich people. We're humble people. 720 00:34:23.065 --> 00:34:24.856 - Okay. - You understand? 721 00:34:24.900 --> 00:34:26.566 Yes. 722 00:34:26.610 --> 00:34:28.068 - Come here. - Yeah. Oh. 723 00:34:28.112 --> 00:34:29.778 <font color="DeepSkyBlue">(CHUCKLES)</font> Oh! 724 00:34:31.199 --> 00:34:32.572 I'm gonna have to get out the hose... 725 00:34:32.617 --> 00:34:34.324 ...and spray him. 726 00:34:34.369 --> 00:34:36.244 Next up, my personal favorite. 727 00:34:36.286 --> 00:34:37.911 I just saw one. 728 00:34:37.956 --> 00:34:40.121 There. Now, don't make it obvious. 729 00:34:40.166 --> 00:34:42.999 Right there. That is your Lincoln Continental pussy. 730 00:34:43.043 --> 00:34:45.043 <i>Beautiful. Just...it's just right.</i> 731 00:34:45.088 --> 00:34:46.816 You know what I mean? Like Goldilocks just right. 732 00:34:46.840 --> 00:34:49.130 It's not too fancy, it's not too plain. 733 00:34:49.175 --> 00:34:50.632 It just... it's just comfortable. 734 00:34:50.677 --> 00:34:52.300 It just...it just fits. 735 00:34:52.344 --> 00:34:54.427 No, no, it's like an old pair of slippers... 736 00:34:54.472 --> 00:34:56.847 ...except instead of your foot, you put your cock in it. 737 00:34:56.891 --> 00:35:00.141 - Am I wrong? - You have a daughter, right? 738 00:35:00.186 --> 00:35:02.061 Yeah, Sophie. She's wonderful. 739 00:35:02.104 --> 00:35:03.728 I can't wait for you to meet her. 740 00:35:03.773 --> 00:35:05.773 And who's the father again? 741 00:35:05.816 --> 00:35:07.525 Um, uh, John, 742 00:35:07.568 --> 00:35:09.652 ...my...my ex-partner at Urban Angler. 743 00:35:09.695 --> 00:35:11.237 And you two never married? 744 00:35:11.280 --> 00:35:13.780 Um, no. No. 745 00:35:13.824 --> 00:35:16.032 If I had had a baby out of wedlock, 746 00:35:16.077 --> 00:35:19.119 ...my father would have taken me out back and shot me. 747 00:35:19.162 --> 00:35:21.539 <font color="DeepSkyBlue">(ALL CHUCKLING)</font> 748 00:35:21.583 --> 00:35:24.083 I'm not kidding, he would've shot me. 749 00:35:24.126 --> 00:35:25.501 No, no, stay with me... 750 00:35:25.545 --> 00:35:27.168 ...and hold all questions till the end. 751 00:35:27.213 --> 00:35:29.588 - Okay. - Right there, you see that? Ugh. 752 00:35:29.632 --> 00:35:30.840 There it...read it and weep. 753 00:35:30.883 --> 00:35:32.967 It's your Mercedes-Benz pussy. 754 00:35:33.010 --> 00:35:35.260 <i>Right? Look at it. I mean, it's beautiful.</i> 755 00:35:35.304 --> 00:35:37.762 <i>It's just a feat of vaginal engineering.</i> 756 00:35:37.807 --> 00:35:39.764 No, it handles just great. 757 00:35:39.809 --> 00:35:41.434 It's sleek, it's tight, 758 00:35:41.476 --> 00:35:43.811 ...it looks good, it feels good, it smells good. 759 00:35:43.854 --> 00:35:46.229 But... a lot of upkeep. Yeah? 760 00:35:46.273 --> 00:35:50.318 Payments are murder and you gotta wax it, you gotta polish it, 761 00:35:50.360 --> 00:35:53.653 ...you gotta... talk to it, ou gotta listen to it, eh? 762 00:35:53.697 --> 00:35:55.740 <i>And, most importantly,</i> 763 00:35:55.782 --> 00:35:57.240 <i>...you gotta remain ever vigilant...</i> 764 00:35:57.284 --> 00:35:59.744 ...that nobody fucking jacks it, right? 765 00:35:59.786 --> 00:36:01.661 You don't have to worry about that 766 00:36:01.706 --> 00:36:04.248 'cause you'll never get near anything like that. 767 00:36:04.291 --> 00:36:05.916 So don't worry about it. 768 00:36:05.960 --> 00:36:07.626 <font color="Chocolate">INVESTIGATOR:</font> <i>Is it fair to say...</i> 769 00:36:07.670 --> 00:36:10.253 <i>...that as a result of all of these lies,</i> 770 00:36:10.298 --> 00:36:11.797 <i>...you got rich?</i> 771 00:36:11.840 --> 00:36:15.050 Well, I didn't get paid per lie, ma'am. 772 00:36:15.094 --> 00:36:17.719 <i>As a product of the fraud that was Madoff Securities,</i> 773 00:36:17.764 --> 00:36:19.387 <i>...you got rich, correct?</i> 774 00:36:19.432 --> 00:36:21.432 Yeah, that's correct, yeah. 775 00:36:21.476 --> 00:36:23.184 <i>You built, as you described,</i> 776 00:36:23.226 --> 00:36:26.061 <i>...a lavish home in Bridgewater, New Jersey, correct?</i> 777 00:36:26.104 --> 00:36:28.146 - Well, define "lavish." - Sure. 778 00:36:28.190 --> 00:36:30.900 - Uh, how many bedrooms did it have? - Five. 779 00:36:30.943 --> 00:36:32.943 - How many bathrooms? - Seven. 780 00:36:32.987 --> 00:36:34.862 - How many acres? - Seven. 781 00:36:34.905 --> 00:36:37.280 - Did it have a swimming pool? - Yes, it did. 782 00:36:37.324 --> 00:36:39.449 - Did it have a tennis court? - It did not. 783 00:36:39.494 --> 00:36:42.411 - Did it have a pond? - Yes, it did. 784 00:36:42.454 --> 00:36:44.496 So would you consider... 785 00:36:44.539 --> 00:36:46.414 <i>...seven acres, seven bathrooms,</i> 786 00:36:46.458 --> 00:36:47.874 <i>...five bedrooms, a swimming pool,</i> 787 00:36:47.918 --> 00:36:50.836 <i>...a pond, a lavish home?</i> 788 00:36:50.880 --> 00:36:52.838 I guess I might. 789 00:36:52.882 --> 00:36:55.757 <font color="Khaki">♪ <i>Reaching out</i> ♪</font> 790 00:36:55.802 --> 00:36:58.552 <font color="Khaki">♪ <i>Touching me</i> ♪</font> 791 00:36:58.595 --> 00:37:02.889 <font color="Khaki">♪ <i>Touching you</i> ♪</font> 792 00:37:02.934 --> 00:37:05.893 <font color="Khaki">♪ <i>Sweet Caroline</i> ♪</font> 793 00:37:05.936 --> 00:37:07.853 <font color="Khaki">♪ <i>Bah, bah, bah</i> ♪</font> 794 00:37:07.896 --> 00:37:11.231 <font color="Khaki">♪ <i>Good times</i> ♪</font> <font color="Khaki">♪ <i>never seemed so good</i> ♪</font> 795 00:37:11.275 --> 00:37:14.318 <font color="Khaki">♪ <i>So good, so good</i> ♪</font> <font color="Khaki">♪ <i>so good</i> ♪</font> 796 00:37:14.362 --> 00:37:17.070 <font color="Khaki">♪ <i>I've been inclined</i> ♪</font> 797 00:37:17.115 --> 00:37:19.030 <font color="Khaki">♪ <i>Bah, bah, bah</i> ♪</font> 798 00:37:19.074 --> 00:37:22.827 <font color="Khaki">♪ <i>To believe</i> ♪</font> <font color="Khaki">♪ <i>they never would</i> ♪</font> 799 00:37:22.869 --> 00:37:26.037 <font color="Khaki">♪ <i>Oh, no, no...</i> ♪</font> - Whoo! 800 00:37:26.081 --> 00:37:28.124 <font color="DeepSkyBlue">(CHATTER)</font> <font color="DeepSkyBlue">(STEPHANIE CHUCKLES)</font> 801 00:37:35.925 --> 00:37:37.132 Come here. 802 00:37:38.677 --> 00:37:41.594 <font color="Khaki">♪ <i>Sweet Caroline</i> ♪</font> 803 00:37:41.639 --> 00:37:43.556 <font color="Khaki">♪ <i>Bah, bah, bah</i> ♪</font> 804 00:37:43.599 --> 00:37:46.726 <font color="Khaki">♪ <i>Good times</i> ♪</font> <font color="Khaki">♪ <i>never seemed so good</i> ♪</font> 805 00:37:46.769 --> 00:37:49.894 <font color="Khaki">♪ <i>So good, so good</i> ♪</font> <font color="Khaki">♪ <i>so good</i> ♪</font> 806 00:37:49.938 --> 00:37:52.648 <font color="Khaki">♪ <i>I've been inclined</i> ♪</font> <font color="Khaki">♪ <i>Sweet Caroline</i> ♪</font> 807 00:37:52.691 --> 00:37:54.441 <font color="Khaki">♪ <i>Bah, bah, bah...</i> ♪</font> 808 00:37:54.485 --> 00:37:57.235 <font color="DeepSkyBlue">(NEW SONG PLAYS)</font> 809 00:37:57.280 --> 00:37:59.237 <font color="DeepSkyBlue">(CHATTER)</font> 810 00:38:01.867 --> 00:38:04.827 Hey, by the way, you know Stephanie and I went last weekend... 811 00:38:04.871 --> 00:38:07.246 ...to see that house in Nantucket? 812 00:38:07.289 --> 00:38:09.081 - You know... - You should try the lobster. 813 00:38:09.124 --> 00:38:11.291 - Oh, no, no, it's okay. - Oh, trust me on the lobster. 814 00:38:11.335 --> 00:38:13.586 Try the lobster. Hey! 815 00:38:13.628 --> 00:38:16.088 - Dad, you know I got... - Can you get my son... 816 00:38:16.132 --> 00:38:18.007 - ...a lobster, please? - ...a weak stomach. 817 00:38:18.050 --> 00:38:19.842 Would you get him a lobster? Just... 818 00:38:19.885 --> 00:38:21.320 Would you like me to get you the lobster? 819 00:38:21.344 --> 00:38:23.323 What are you asking him for? Just get him a lobster. 820 00:38:23.347 --> 00:38:25.597 - He'll thank us both later, okay? - Seriously... 821 00:38:25.641 --> 00:38:27.766 So, what's the price tag on this house? 822 00:38:27.809 --> 00:38:30.561 <font color="Chocolate">MARK:</font> <i>Uh, they got it at, like, six and a half,</i> 823 00:38:30.604 --> 00:38:32.791 - <i>...but we'll talk them down.</i> <font color="Chocolate">BERNIE:</font> <i>That's what they're asking for?</i> 824 00:38:32.815 --> 00:38:34.023 Yeah. 825 00:38:34.066 --> 00:38:35.900 I mean, it's, like, special. 826 00:38:35.943 --> 00:38:39.612 It's, like... it's got a pool looks out over the ocean. 827 00:38:39.655 --> 00:38:41.091 - <i>It's unbelievable.</i> <font color="Chocolate">BERNIE:</font> <i>Uh-huh.</i> 828 00:38:41.115 --> 00:38:43.949 But I figure we can get them down a bit. 829 00:38:43.992 --> 00:38:45.742 Now, wait. 830 00:38:45.786 --> 00:38:47.994 That's the way you bring the lobster? 831 00:38:48.039 --> 00:38:49.371 Apologies, sir. 832 00:38:49.414 --> 00:38:50.956 Why don't you bring it back, 833 00:38:50.999 --> 00:38:52.624 ...take off the claws, open it up. 834 00:38:52.668 --> 00:38:54.585 I mean, I pay enough for this whole thing. 835 00:38:54.628 --> 00:38:56.711 <i>Don't you guys know how to serve a lobster?</i> 836 00:38:56.755 --> 00:38:58.776 - Apologies. I'll be right back. - Okay, just bring it back properly. 837 00:38:58.800 --> 00:39:01.800 - I mean, what is this? - You wanna come see it with me? 838 00:39:01.844 --> 00:39:03.530 - We could go down next week and... - <i>I'll go see it.</i> 839 00:39:03.554 --> 00:39:05.179 <i>We can work on the price, too.</i> 840 00:39:05.222 --> 00:39:07.681 <i>Yeah, six and a half, maybe we can start at five.</i> 841 00:39:07.724 --> 00:39:09.952 - That would be nice. <font color="Chocolate">MARK:</font> <i>We could probably take a boat from Montauk.</i> 842 00:39:09.976 --> 00:39:12.228 - We can go out of the harbor... - Good idea. 843 00:39:14.523 --> 00:39:16.356 Okay, thanks. 844 00:39:18.068 --> 00:39:19.985 So...don't eat that, eat this. 845 00:39:20.028 --> 00:39:22.237 - Don't eat... - I don't like lobster, Dad. 846 00:39:22.280 --> 00:39:24.258 <font color="Chocolate">BERNIE:</font> <i>I don't even know why we had that. I guess your mother...</i> 847 00:39:24.282 --> 00:39:25.990 <font color="Chocolate">MARK:</font> <i>'Cause it's not good on my stomach.</i> 848 00:39:26.034 --> 00:39:27.784 Hey, uh, 849 00:39:27.829 --> 00:39:29.869 ...take this away, will you, please? 850 00:39:29.914 --> 00:39:32.789 - Yes, sir. <font color="DeepSkyBlue">(MUTTERING)</font> 851 00:39:32.833 --> 00:39:34.708 - There you go. - Apologies, sir. 852 00:39:34.751 --> 00:39:37.001 <font color="Chocolate">BERNIE:</font> <i>Okay.</i> 853 00:39:37.045 --> 00:39:39.380 <i>One thing he's good at is apologizing.</i> 854 00:39:39.423 --> 00:39:42.132 <font color="Khaki">♪ <i>You, you</i> ♪</font> 855 00:39:42.175 --> 00:39:43.967 <font color="Khaki">♪ <i>You</i> ♪</font> 856 00:39:44.010 --> 00:39:45.510 <font color="Khaki">♪ <i>You</i> ♪</font> 857 00:39:45.554 --> 00:39:47.304 <font color="Khaki">♪ <i>You</i> ♪</font> 858 00:39:47.347 --> 00:39:48.889 <font color="Khaki">♪ <i>You</i> ♪</font> 859 00:39:48.932 --> 00:39:52.059 <font color="Khaki">♪ <i>You</i> ♪</font> 860 00:39:52.103 --> 00:39:54.228 <font color="Khaki">♪ <i>Ah...</i> ♪</font> 861 00:39:56.398 --> 00:39:57.773 <font color="Chocolate">MARK:</font> <i>I guess I'm just wondering...</i> 862 00:39:57.816 --> 00:39:59.608 <i>...what if something happens to you?</i> 863 00:39:59.652 --> 00:40:01.547 <i>We don't know the first thing about the advisory.</i> 864 00:40:01.570 --> 00:40:04.070 - Frank will handle it. <font color="Chocolate">ANDY:</font> <i>Come on, Dad.</i> 865 00:40:04.115 --> 00:40:06.699 With all due respect, Frank's... 866 00:40:06.742 --> 00:40:08.449 Frank's what? 867 00:40:08.494 --> 00:40:10.827 Frank's an idiot. 868 00:40:10.871 --> 00:40:13.079 You know, Frank never went to college. 869 00:40:13.124 --> 00:40:16.416 I heard Frank, comparing women's vaginas to automobiles... 870 00:40:16.460 --> 00:40:18.126 <i>...earlier today.</i> 871 00:40:18.170 --> 00:40:20.399 Whether Frank is refined enough for your taste is irrelevant. 872 00:40:20.423 --> 00:40:21.755 He's good at his job. 873 00:40:21.798 --> 00:40:23.798 If something were to happen to me, 874 00:40:23.842 --> 00:40:26.177 ...he'd fill you guys in on all the details you need to know. 875 00:40:26.219 --> 00:40:28.595 <font color="Chocolate">ANDY:</font> And what if Frank decides to screw you? 876 00:40:28.639 --> 00:40:31.222 I mean, I don't even know how much you're worth. Is it a billion? 877 00:40:31.266 --> 00:40:32.974 Two billion? Three? 878 00:40:33.019 --> 00:40:34.746 What if there's three and he says there's two... 879 00:40:34.769 --> 00:40:36.707 ...and takes a billion and rides off into the sunset? 880 00:40:36.731 --> 00:40:39.815 Calm down, calm down. Everything is written down in a safe deposit box. 881 00:40:39.858 --> 00:40:41.941 If something were to happen to me, 882 00:40:41.985 --> 00:40:44.695 ...you consult with our lawyers, and they'll handle it. 883 00:40:44.739 --> 00:40:46.362 They'll fill you in on everything. 884 00:40:46.407 --> 00:40:48.615 Everything, huh? 885 00:40:48.659 --> 00:40:51.202 - That's right, everything. - Everything? You know, good luck. 886 00:40:51.244 --> 00:40:53.286 This conversation is impossible. 887 00:40:53.331 --> 00:40:55.392 - I don't understand why you can't understand... - Impossible! 888 00:40:55.416 --> 00:40:57.291 What I just said to you. 889 00:40:59.961 --> 00:41:02.713 You know, why is it that whenever this conversation comes up, 890 00:41:02.757 --> 00:41:05.215 ...you find a way to wriggle out of giving me an answer? 891 00:41:05.258 --> 00:41:06.675 It comes up because you bring it up. 892 00:41:06.719 --> 00:41:08.635 No, because I'm...we're trying to plan. 893 00:41:08.679 --> 00:41:10.282 <i>Well, if you don't bring it up, it won't come up.</i> 894 00:41:10.306 --> 00:41:11.909 You know, I'm just trying to get a...a basic sense... 895 00:41:11.932 --> 00:41:14.432 You don't have to get a sense of anything, Mark. 896 00:41:14.476 --> 00:41:16.704 - You don't have to get a sense of anything. - <i>Why is that too much to ask?</i> 897 00:41:16.728 --> 00:41:19.604 - I've told you this is something I don't talk about. - Dad. Dad! 898 00:41:19.648 --> 00:41:21.980 Listen to me. 899 00:41:21.983 --> 00:41:23.629 - I don't understand! - Listen, what is wrong? Are you a fucking idiot? 900 00:41:23.653 --> 00:41:25.485 Are you a fucking idiot?! I mean, answer me! 901 00:41:25.528 --> 00:41:27.612 - I don't understand! - No, you don't understand! 902 00:41:27.657 --> 00:41:29.405 You don't have to fucking understand! 903 00:41:29.449 --> 00:41:31.492 <i>You're asking me about taking over the advisory...</i> 904 00:41:31.534 --> 00:41:33.387 <i>...and yet you can't even follow a simple fucking instruction...</i> 905 00:41:33.411 --> 00:41:35.036 <i>...to shut the fuck up!</i> 906 00:41:38.333 --> 00:41:40.333 You don't understand. 907 00:41:40.378 --> 00:41:42.543 You don't understand. 908 00:41:42.588 --> 00:41:44.380 Leave it alone. 909 00:41:45.675 --> 00:41:47.007 Okay. 910 00:41:52.514 --> 00:41:54.056 I'm sorry. 911 00:41:57.394 --> 00:41:59.561 - Good night. - I love you, Dad. 912 00:41:59.604 --> 00:42:01.854 Love you. Good night. 913 00:42:01.898 --> 00:42:05.900 <font color="Khaki">♪ <i>Hey, nonny, ding, dong</i> ♪</font> <font color="Khaki">♪ <i>a-lang, a-lang, a-lang</i> ♪</font> 914 00:42:05.945 --> 00:42:09.153 <font color="Khaki">♪ <i>Boom, ba-doh</i> ♪</font> <font color="Khaki">♪ <i>ba-doo, ba-doodle-ay</i> ♪</font> 915 00:42:09.197 --> 00:42:11.865 <font color="Khaki">♪ <i>Oh, life could be</i> ♪</font> <font color="Khaki">♪ <i>a dream</i> ♪</font> 916 00:42:11.909 --> 00:42:15.452 <font color="Khaki">♪ <i>If I could take you</i> ♪</font> <font color="Khaki">♪ <i>up in paradise up above</i> ♪</font> 917 00:42:15.496 --> 00:42:18.789 <font color="Khaki">♪ <i>If you would tell me I'm</i> ♪</font> <font color="Khaki">♪ <i>the only one that you love</i> ♪</font> 918 00:42:18.833 --> 00:42:21.249 <font color="Khaki">♪ <i>Life could be a dream</i> ♪</font> <font color="Khaki">♪ <i>sweetheart</i> ♪</font> 919 00:42:21.293 --> 00:42:24.086 <font color="Khaki">♪ <i>Hello, hello, again, sh-boom</i> ♪</font> <font color="Khaki">♪ <i>and hopin' we'll meet again</i> ♪</font> 920 00:42:24.130 --> 00:42:26.838 <font color="Khaki">♪ <i>Oh, life could be a dream</i> ♪</font> <font color="Khaki">♪ <i> Sh-boom</i> ♪</font> 921 00:42:26.882 --> 00:42:30.508 <font color="Khaki">♪ <i>If only all my precious plans</i> ♪</font> <font color="Khaki">♪ <i>would come true...</i> ♪</font> 922 00:42:34.889 --> 00:42:36.764 <font color="DeepSkyBlue">(INSECTS CHIRPING)</font> 923 00:42:39.478 --> 00:42:42.521 <font color="Chocolate">BERNIE:</font> <i>People here always ask me how come I never ran.</i> 924 00:42:42.565 --> 00:42:45.356 <i>But the truth is it didn't even occur to me.</i> 925 00:42:45.400 --> 00:42:46.670 I guess it's because I never thought... 926 00:42:46.693 --> 00:42:48.360 ...of what I was doing was stealing. 927 00:42:48.403 --> 00:42:51.405 <font color="Chocolate">DIANA:</font> <i>Well, it was a $65 billion Ponzi scheme.</i> 928 00:42:51.449 --> 00:42:54.449 <i>People lost their life savings, they lost their homes.</i> 929 00:42:54.492 --> 00:42:56.617 <i>Their lives were destroyed.</i> 930 00:42:56.661 --> 00:42:58.619 <i>You didn't think of that as stealing?</i> 931 00:42:59.749 --> 00:43:01.331 People felt safe with you. 932 00:43:01.374 --> 00:43:03.751 - <i>Yeah, but these were...</i> - And yet... 933 00:43:03.793 --> 00:43:06.045 ...you were betraying them all. 934 00:43:06.088 --> 00:43:08.172 Well, but these people, you know, 935 00:43:08.215 --> 00:43:09.798 ...they had a little greed in them, too. 936 00:43:09.842 --> 00:43:11.507 There was a little bit of, you know... 937 00:43:11.552 --> 00:43:13.844 ...look, you know, and they didn't wanna look too hard. 938 00:43:13.887 --> 00:43:16.929 They looked just far enough. 939 00:43:16.974 --> 00:43:21.309 - So they're accomplices in some way, too. - Bernie. 940 00:43:21.353 --> 00:43:23.561 Accomplices because they trusted you? 941 00:43:23.606 --> 00:43:26.606 Accomplices because you were so trustworthy, 942 00:43:26.650 --> 00:43:28.733 ...you seemed so trustworthy. 943 00:43:28.778 --> 00:43:30.630 Yeah, but there's a lack of honesty on their behalf, 944 00:43:30.653 --> 00:43:33.864 ...an unwillingness to take responsibility for their behavior. 945 00:43:33.907 --> 00:43:36.407 - <i>Your investors?</i> - Yes. 946 00:43:36.452 --> 00:43:38.577 It takes a lot of chutzpah... 947 00:43:38.621 --> 00:43:40.496 ...for you of all people to say that. 948 00:43:42.791 --> 00:43:44.458 You know... 949 00:43:46.170 --> 00:43:48.628 ...now that I think of it, 950 00:43:48.672 --> 00:43:50.213 ...my greatest failure... 951 00:43:50.257 --> 00:43:52.673 ...or maybe it's my greatest weakness... 952 00:43:52.717 --> 00:43:56.219 ...is I've always wanted to please people. 953 00:43:56.262 --> 00:43:58.847 And that's... 954 00:43:58.891 --> 00:44:01.141 ...that's one that can get you into trouble. 955 00:44:01.184 --> 00:44:03.268 <font color="DeepSkyBlue">(CHATTER)</font> - I've been here all fucking morning! 956 00:44:03.311 --> 00:44:06.563 - I wanna go upstairs. - Sir, nobody's going upstairs right now. 957 00:44:06.606 --> 00:44:08.606 I wanna see somebody in charge. 958 00:44:08.650 --> 00:44:10.336 - <i>Right now, I'm in charge.</i> - <i>Who are you protecting?!</i> 959 00:44:10.360 --> 00:44:12.485 <font color="Chocolate">OFFICER:</font> <i>And you need to back up right now.</i> 960 00:44:12.530 --> 00:44:14.883 - We're talking about my fucking life savings! - I told you right now! 961 00:44:14.907 --> 00:44:18.492 - Do you understand? - You need to back up right now, sir. 962 00:44:18.536 --> 00:44:19.992 <font color="DeepSkyBlue">(CHATTER CONTINUES)</font> 963 00:44:21.371 --> 00:44:22.621 <font color="DeepSkyBlue">(LINE RINGING)</font> 964 00:44:22.664 --> 00:44:24.123 <font color="DeepSkyBlue">(PHONE RINGING)</font> 965 00:44:26.085 --> 00:44:28.585 <font color="Chocolate">ELEANOR:</font> <i>Hello, Madoff.</i> <font color="Chocolate">MAN:</font> <i>I'm in the fucking lobby.</i> 966 00:44:28.628 --> 00:44:30.003 <i>I wanna come up.</i> 967 00:44:30.047 --> 00:44:31.588 Sir, I am not able... 968 00:44:31.632 --> 00:44:33.882 ...to give you permission to come up here right now. 969 00:44:33.925 --> 00:44:36.008 <i>Where is my fucking money?!</i> 970 00:44:36.052 --> 00:44:38.137 You have to call the advisory arm. 971 00:44:38.179 --> 00:44:42.516 - I can give you their number. - <i>Fuck you, you fucking thief!</i> 972 00:44:42.559 --> 00:44:45.144 <font color="DeepSkyBlue">(RADIO CHATTER)</font> 973 00:44:45.186 --> 00:44:47.271 Oh, my God. 974 00:44:47.313 --> 00:44:51.983 <font color="Chocolate">ELEANOR:</font> <i>Unusual circumstances did not exist for Bernie.</i> 975 00:44:52.027 --> 00:44:53.777 <i>Take 9-11.</i> 976 00:44:53.820 --> 00:44:56.405 When those towers got hit, 977 00:44:56.449 --> 00:44:59.574 ...everybody in the whole entire office... 978 00:44:59.617 --> 00:45:02.077 ...was gathered around the TV. 979 00:45:02.121 --> 00:45:05.539 Who was crying? Who was hysterical? 980 00:45:05.583 --> 00:45:06.956 Not Bernie. 981 00:45:07.001 --> 00:45:11.545 He kept his head down and he continued to work. 982 00:45:12.715 --> 00:45:14.298 And it is not like... 983 00:45:14.340 --> 00:45:16.507 ...he did not know anybody... 984 00:45:16.552 --> 00:45:18.594 ...in those buildings. 985 00:45:21.014 --> 00:45:22.222 <font color="DeepSkyBlue">(CHATTER)</font> 986 00:45:22.266 --> 00:45:23.599 <font color="Chocolate">DIANA:</font> <i>As with every event...</i> 987 00:45:23.641 --> 00:45:26.309 <i>...of personal devastation,</i> 988 00:45:26.353 --> 00:45:28.728 <i>...they remember exactly where they were...</i> 989 00:45:28.771 --> 00:45:30.938 <i>...and what they were doing...</i> 990 00:45:30.983 --> 00:45:33.108 <i>...when they learned they were ruined.</i> 991 00:45:33.152 --> 00:45:35.277 <font color="DeepSkyBlue">(FAX MACHINE CLICKS, CHIRPS)</font> 992 00:45:35.320 --> 00:45:37.237 <font color="Chocolate">DIANA:</font> <i>The grayish white paper...</i> 993 00:45:37.280 --> 00:45:40.032 <i>...rolled out of Mary Thomajan's fax machine.</i> 994 00:45:40.074 --> 00:45:42.492 <i>The fax was from the small feeder fund...</i> 995 00:45:42.536 --> 00:45:44.994 <i>...she had trusted for 18 years...</i> 996 00:45:45.039 --> 00:45:46.662 <i>...telling her that all her money...</i> 997 00:45:46.706 --> 00:45:49.081 <i>...had been invested with Madoff,</i> 998 00:45:49.126 --> 00:45:51.126 <i>...who had been arrested.</i> 999 00:45:51.170 --> 00:45:52.251 <font color="DeepSkyBlue">(CAMERA SHUTTER CLICKS)</font> 1000 00:45:52.295 --> 00:45:54.213 <i>She later recalled,</i> 1001 00:45:54.255 --> 00:45:57.048 <i>"In the 50 seconds it took to read that fax,"</i> 1002 00:45:57.092 --> 00:45:59.717 <i>"I went from being a multi-millionaire..."</i> 1003 00:45:59.762 --> 00:46:02.720 <i>"...to having my life savings wiped out..."</i> 1004 00:46:02.764 --> 00:46:06.474 <i>"...and life as I knew it altered forever."</i> 1005 00:46:09.188 --> 00:46:12.063 <i>Robert Halio's son called him at his retirement home...</i> 1006 00:46:12.106 --> 00:46:14.148 - <i>...in Boca Raton with the news.</i> <font color="DeepSkyBlue">(RINGS)</font> 1007 00:46:14.193 --> 00:46:15.983 <font color="Chocolate">MAN:</font> <i>It's all gone, Dad.</i> 1008 00:46:16.028 --> 00:46:19.153 <i>I don't... I don't know what to do.</i> 1009 00:46:19.197 --> 00:46:20.947 <font color="Chocolate">DIANA:</font> <i>95% of his wealth...</i> 1010 00:46:20.990 --> 00:46:25.159 <i>...had been entrusted to Madoff and was now gone.</i> 1011 00:46:25.204 --> 00:46:27.036 <i>Mr. De la Villehuchet...</i> 1012 00:46:27.081 --> 00:46:29.831 <i>...had written his brother a letter that said,</i> 1013 00:46:29.874 --> 00:46:32.918 <i>"If you ruin your friends, your clients,"</i> 1014 00:46:32.961 --> 00:46:35.420 <i>"...you have to face the consequences."</i> 1015 00:46:35.463 --> 00:46:37.297 <i>He then positioned a trash basket...</i> 1016 00:46:37.340 --> 00:46:39.215 <i>...to protect the carpet...</i> 1017 00:46:39.260 --> 00:46:41.842 <i>...and slit his wrist with a box cutter.</i> 1018 00:46:41.887 --> 00:46:45.347 <i>Tim Murray, a property manager in Minnesota,</i> 1019 00:46:45.391 --> 00:46:47.807 <i>...was traveling and nearly drove off the road...</i> 1020 00:46:47.851 --> 00:46:50.269 - <i>Fort Lauderdale...</i> <font color="DeepSkyBlue">(OVERLAPPING DIALOGUE)</font> 1021 00:46:51.981 --> 00:46:54.273 - <i>Richard Freedman...</i> - <i>David Iselin...</i> 1022 00:46:54.315 --> 00:46:56.858 <font color="DeepSkyBlue">(OVERLAPPING VOICES)</font> 1023 00:47:12.293 --> 00:47:14.458 <font color="Chocolate">STEPHEN COLBERT:</font> <i>Time to pay the piper, Bernie.</i> 1024 00:47:14.503 --> 00:47:17.378 - Presumably... <font color="DeepSkyBlue">(CHEERING, APPLAUSE)</font> 1025 00:47:17.423 --> 00:47:20.798 ...presumably with the life savings of another piper. 1026 00:47:20.842 --> 00:47:21.882 Just... 1027 00:47:21.927 --> 00:47:24.385 This was the worst pyramid scheme... 1028 00:47:24.429 --> 00:47:27.889 - ...since the actual pyramids. <font color="DeepSkyBlue">(AUDIENCE LAUGHS)</font> 1029 00:47:27.932 --> 00:47:30.745 - Ruth loves to go to the California Pizza Kitchen. <font color="Chocolate">PAUL SCHAFFER:</font> <i>Yeah.</i> 1030 00:47:30.769 --> 00:47:32.394 And they say that her favorite dish there... 1031 00:47:32.438 --> 00:47:34.353 ...is the veal Scallo-Ponzi. 1032 00:47:34.398 --> 00:47:36.731 <font color="DeepSkyBlue">(RIM SHOT)</font> 1033 00:47:36.775 --> 00:47:39.129 Listen, I have something to tell you that's really important. 1034 00:47:39.153 --> 00:47:41.193 I have your money! I can get it to you. 1035 00:47:43.740 --> 00:47:45.900 - <i>Okay, I guess you're not there.</i> <font color="DeepSkyBlue">(AUDIENCE LAUGHS)</font> 1036 00:47:47.577 --> 00:47:50.202 They can see right in. 1037 00:47:50.246 --> 00:47:52.414 - They can see right in. - What? 1038 00:47:52.458 --> 00:47:55.333 We... we don't have any curtains. 1039 00:47:55.376 --> 00:47:57.501 They can see right in. 1040 00:47:57.545 --> 00:47:59.795 <font color="Chocolate">ANDY:</font> <i>Hold on, let me call you back.</i> 1041 00:47:59.840 --> 00:48:02.360 - Catherine, it's gonna be fine. - No, they're gonna be looking in... 1042 00:48:02.383 --> 00:48:04.300 ...with their long lenses and we'll be trapped. 1043 00:48:04.344 --> 00:48:07.720 They're gonna get bored just standing around. 1044 00:48:07.764 --> 00:48:09.806 I'm not the story. 1045 00:48:09.849 --> 00:48:12.224 We've gotta get curtains right now. 1046 00:48:23.405 --> 00:48:25.405 <font color="DeepSkyBlue">(CHATTER)</font> 1047 00:48:33.331 --> 00:48:35.039 <font color="DeepSkyBlue">(ELEVATOR WHIRRING)</font> 1048 00:48:40.213 --> 00:48:42.755 <font color="DeepSkyBlue">(ELEVATOR BELL DINGS)</font> - Shit. 1049 00:48:42.800 --> 00:48:45.092 <font color="DeepSkyBlue">(DOORS OPEN)</font> 1050 00:48:47.554 --> 00:48:50.347 <font color="DeepSkyBlue">(DOORS CLOSE)</font> 1051 00:48:50.391 --> 00:48:52.349 Hi, how are you? 1052 00:48:52.393 --> 00:48:54.059 I'm all right. 1053 00:48:54.103 --> 00:48:55.601 You? 1054 00:48:55.646 --> 00:48:57.396 I've been better. 1055 00:48:58.898 --> 00:49:01.608 - I'll bet. <font color="DeepSkyBlue">(ELEVATOR BELL DINGS)</font> 1056 00:49:13.371 --> 00:49:15.246 - Mommy, Mommy. - What? 1057 00:49:15.289 --> 00:49:18.999 - Is that Ruth Madoff? - Jessica, not another word. 1058 00:49:19.043 --> 00:49:20.836 It's okay. 1059 00:49:22.172 --> 00:49:25.132 No, none of it is. 1060 00:49:25.175 --> 00:49:26.800 <font color="DeepSkyBlue">(ELEVATOR BELL DINGS)</font> 1061 00:49:34.726 --> 00:49:37.144 <font color="DeepSkyBlue">(ELEVATOR DOORS CLOSE)</font> 1062 00:49:45.153 --> 00:49:47.112 <font color="Chocolate">MAN:</font> There she is. <font color="DeepSkyBlue">(ALL SHOUTING)</font> 1063 00:49:50.909 --> 00:49:53.117 <font color="DeepSkyBlue">(HORNS HONKING)</font> 1064 00:49:53.161 --> 00:49:55.369 <font color="DeepSkyBlue">(MUSIC PLAYING)</font> 1065 00:50:03.547 --> 00:50:05.380 - Hi, Sarah. - Oh, hi. 1066 00:50:05.423 --> 00:50:07.090 Is Gisele here? I was wondering... 1067 00:50:07.133 --> 00:50:09.008 ...if she might be able to fit me in today. 1068 00:50:09.052 --> 00:50:11.927 I haven't had my hair colored in God knows how long. 1069 00:50:11.972 --> 00:50:14.054 - Um, I think she's... - You know, don't worry. 1070 00:50:14.099 --> 00:50:16.016 - I'll find her. - Uh... 1071 00:50:21.273 --> 00:50:25.065 <font color="Chocolate">RUTH:</font> <i>I've been coming here for 15 years, Pierre.</i> 1072 00:50:25.110 --> 00:50:27.360 <font color="Chocolate">PIERRE:</font> <i>I understand.</i> 1073 00:50:28.447 --> 00:50:30.197 <i>We have too many clients...</i> 1074 00:50:30.240 --> 00:50:32.280 <i>...who have lost their money because of your husband.</i> 1075 00:50:33.327 --> 00:50:35.911 But I don't trust anyone else. 1076 00:50:37.246 --> 00:50:38.829 I'm very sorry, 1077 00:50:38.874 --> 00:50:43.710 ...but I can't afford to risk my reputation. 1078 00:50:46.840 --> 00:50:48.298 What about a house call? 1079 00:50:48.342 --> 00:50:49.925 I can pay extra. 1080 00:50:51.177 --> 00:50:53.094 - I'm sorry... - Pierre. 1081 00:50:53.137 --> 00:50:55.889 ...but I have to ask you to leave now. 1082 00:50:55.932 --> 00:50:57.891 I'm sorry, Ruth. 1083 00:51:05.316 --> 00:51:06.775 - Shit. <font color="Chocolate">BERNIE:</font> <i>Ruth!</i> 1084 00:51:06.818 --> 00:51:09.735 - What are you doing? - Nothing! 1085 00:51:09.780 --> 00:51:11.530 What are you doing? 1086 00:51:11.572 --> 00:51:13.949 - Looking for something? - My lighter. 1087 00:51:15.577 --> 00:51:17.137 Well, aren't there matches in the drawer? 1088 00:51:17.161 --> 00:51:19.119 - No. - No? What do you mean? 1089 00:51:19.164 --> 00:51:21.226 - There's always matches in the drawer. - Well, we're out. 1090 00:51:21.249 --> 00:51:23.083 Where'd you last see it? 1091 00:51:23.126 --> 00:51:24.668 If I knew where I last saw it, 1092 00:51:24.711 --> 00:51:26.836 I wouldn't be looking for it, Bernie. 1093 00:51:26.880 --> 00:51:28.880 <font color="DeepSkyBlue">(TV PLAYING IN BACKGROUND)</font> 1094 00:51:28.923 --> 00:51:30.798 <font color="DeepSkyBlue">(SIGHS)</font> 1095 00:51:32.010 --> 00:51:33.802 I'm such an idiot. 1096 00:51:33.845 --> 00:51:35.427 <i>How did I get to be this age...</i> 1097 00:51:35.472 --> 00:51:39.014 ...without doing anything on my own? 1098 00:51:39.059 --> 00:51:40.516 What are you talking about? 1099 00:51:40.561 --> 00:51:42.978 I...I didn't do anything, Bernie. 1100 00:51:43.021 --> 00:51:45.688 I never did one thing on my own. 1101 00:51:45.731 --> 00:51:48.900 I... I don't have a career, I don't have a name, 1102 00:51:48.943 --> 00:51:52.028 I don't...I don't have any friends of my own. 1103 00:51:52.072 --> 00:51:54.489 The only thing I have are regrets. 1104 00:51:54.532 --> 00:51:56.949 That's all I got to show for myself. 1105 00:51:56.994 --> 00:52:00.911 - Regret after regret. - Ruth, do we have to go into this now? 1106 00:52:00.956 --> 00:52:02.831 I got a lot on my mind. 1107 00:52:02.874 --> 00:52:05.333 <i>I'm going away and who knows if I'm going to come back.</i> 1108 00:52:05.376 --> 00:52:08.670 - Why would you say that? <font color="DeepSkyBlue">(STAMMERING)</font> I'm not saying for certain... 1109 00:52:08.713 --> 00:52:11.840 - No, Ike said that you'd be able to... - Forget I mentioned it. 1110 00:52:11.883 --> 00:52:13.382 You can't do that. 1111 00:52:13.427 --> 00:52:15.050 I'm not ready. 1112 00:52:15.094 --> 00:52:17.262 I...I'm, I'm not ready to be alone. 1113 00:52:17.306 --> 00:52:19.054 You're all I have. 1114 00:52:19.099 --> 00:52:20.974 The boys don't speak to me. 1115 00:52:21.018 --> 00:52:22.391 No one speaks to me. 1116 00:52:22.436 --> 00:52:25.561 I'll... I'll go crazy, Bernie. 1117 00:52:25.606 --> 00:52:30.025 I'll... I'll go crazy all alone. 1118 00:52:30.068 --> 00:52:33.360 I'll go crazy, Bernie, I will. 1119 00:52:54.675 --> 00:52:57.302 <font color="DeepSkyBlue">(BEEPING)</font> 1120 00:53:01.016 --> 00:53:03.891 <font color="DeepSkyBlue">(PHONE RINGING)</font> 1121 00:53:08.023 --> 00:53:09.459 <font color="DeepSkyBlue">(MACHINE BEEPS)</font> <font color="Chocolate">RUTH'S:</font> <font color="DeepSkyBlue">(VOICE)</font> <i>Hi.</i> 1122 00:53:09.483 --> 00:53:11.273 <i>Leave a message after the tone.</i> 1123 00:53:11.318 --> 00:53:13.818 <font color="DeepSkyBlue">(MACHINE BEEPS)</font> <font color="Chocolate">MAN:</font> <i>Bernie!</i> 1124 00:53:13.862 --> 00:53:15.570 <i>Bernie, you there?</i> 1125 00:53:15.614 --> 00:53:18.030 <i>Bernie?</i> <i>Come on, pick up.</i> 1126 00:53:18.074 --> 00:53:19.760 <i>I know you're hiding that 50 billion somewhere,</i> 1127 00:53:19.784 --> 00:53:22.202 <i>...you piece-of-shit cocksucker.</i> 1128 00:53:22.244 --> 00:53:24.265 <i>I hope you enjoy getting your ass raped every night,</i> 1129 00:53:24.289 --> 00:53:26.246 <i>'cause you're going away for a long time.</i> 1130 00:53:26.291 --> 00:53:28.291 <i>Hasta la vista, you kike motherfucker.</i> 1131 00:53:28.335 --> 00:53:30.418 <font color="DeepSkyBlue">(RECEIVER CLICKS)</font> <font color="DeepSkyBlue">(MACHINE BEEPS)</font> 1132 00:53:30.461 --> 00:53:32.045 <font color="DeepSkyBlue">(JEWELRY JINGLING)</font> 1133 00:53:32.088 --> 00:53:33.463 What are you doing? 1134 00:53:33.507 --> 00:53:35.048 <font color="Chocolate">RUTH:</font> <i>I can't live like this.</i> 1135 00:53:35.092 --> 00:53:37.132 Slogging through, 1136 00:53:37.177 --> 00:53:38.969 ...being miserable to no good end. 1137 00:53:39.012 --> 00:53:40.970 What's the point? 1138 00:53:41.014 --> 00:53:42.889 You know, I was thinking earlier... 1139 00:53:42.932 --> 00:53:45.349 ...this...this isn't even about me. 1140 00:53:46.853 --> 00:53:48.269 This country needs a villain, 1141 00:53:48.313 --> 00:53:50.229 ...someone to send to the gallows... 1142 00:53:50.273 --> 00:53:53.273 ...so everyone can feel okay about living under a rigged system. 1143 00:53:53.318 --> 00:53:56.152 I don't give a rat's ass, Bernie. 1144 00:53:56.195 --> 00:53:58.530 Well, it'll be better once I go. 1145 00:53:59.824 --> 00:54:01.324 What's with the jewelry? 1146 00:54:01.367 --> 00:54:03.450 It's the only thing the court didn't freeze. 1147 00:54:03.494 --> 00:54:05.119 I'm gonna wrap it all up, 1148 00:54:05.162 --> 00:54:07.789 ...give it to family, 1149 00:54:07.833 --> 00:54:09.081 ...and then kill myself. 1150 00:54:09.126 --> 00:54:11.501 Why would you kill yourself? 1151 00:54:11.545 --> 00:54:14.461 Because I'm tired of being hated. 1152 00:54:14.505 --> 00:54:16.255 I don't even understand it. 1153 00:54:16.298 --> 00:54:19.342 I... you got yourself into trouble. 1154 00:54:19.385 --> 00:54:21.322 You couldn't get out. What do I have to do with it? 1155 00:54:21.345 --> 00:54:22.887 Why does the world hate me? 1156 00:54:22.931 --> 00:54:25.264 They all think I'm some kind of a mastermind. 1157 00:54:25.307 --> 00:54:27.099 Take it as a compliment, Ruth. 1158 00:54:27.144 --> 00:54:29.936 They say all these horrible things about me. 1159 00:54:29.979 --> 00:54:32.604 They say I...I was your bookkeeper. 1160 00:54:32.648 --> 00:54:34.815 - <i>They say...</i> - You weren't my bookkeeper. 1161 00:54:34.860 --> 00:54:37.027 I did maintain the records the first year. 1162 00:54:37.070 --> 00:54:39.570 That was in 1960. It was just you and me. 1163 00:54:39.614 --> 00:54:41.697 I mean, but you weren't even a real bookkeeper. 1164 00:54:41.742 --> 00:54:44.012 No, but I'm just saying don't make it seem like I didn't pitch in... 1165 00:54:44.036 --> 00:54:46.327 ...because I even came back, remember? 1166 00:54:46.371 --> 00:54:48.682 - Yeah, but then we hired a real bookkeeper. - And I helped with payroll. 1167 00:54:48.706 --> 00:54:51.059 - We hired a real bookkeeper. - Right, so why are they making it seem... 1168 00:54:51.083 --> 00:54:53.543 ...like I...like, I'm involved with all this stuff? 1169 00:54:53.586 --> 00:54:55.503 Because they're out for blood, honey. 1170 00:54:55.547 --> 00:54:57.672 That's why. They just wanna... 1171 00:54:57.715 --> 00:55:00.550 But anybody in the know knows you weren't the mastermind. 1172 00:55:00.594 --> 00:55:02.342 - That's nonsense. - Oh, well, thanks. 1173 00:55:02.387 --> 00:55:03.677 I already wanna kill myself. 1174 00:55:03.722 --> 00:55:05.429 Are you trying to make me feel worse? 1175 00:55:05.474 --> 00:55:08.224 No, but I... 1176 00:55:08.268 --> 00:55:10.309 You, uh... 1177 00:55:10.353 --> 00:55:12.478 ...you'd commit suicide? 1178 00:55:14.690 --> 00:55:16.315 <i>With what?</i> 1179 00:55:18.153 --> 00:55:21.570 I don't know. I haven't figured that part out yet. 1180 00:55:21.615 --> 00:55:24.157 Something nice. Maybe Ambien. 1181 00:55:26.911 --> 00:55:28.744 How much Ambien do we have? 1182 00:55:28.789 --> 00:55:31.539 Enough to open a fucking pharmacy. 1183 00:55:58.150 --> 00:56:01.068 What about these? Klonopin? 1184 00:56:01.112 --> 00:56:03.862 Same thing. Just put it in here. 1185 00:56:17.670 --> 00:56:20.420 Do have yourself a merry little Christmas. 1186 00:56:20.465 --> 00:56:22.965 It's a great song and you'll be hearing Judy Garland sing it... 1187 00:56:23.008 --> 00:56:25.385 <font color="Chocolate">RUTH:</font> <i>Can't we just have quiet?</i> 1188 00:56:25.427 --> 00:56:28.470 I can't fall asleep unless I watch something. 1189 00:56:28.514 --> 00:56:31.599 You just took a whole fucking bottle 1190 00:56:31.643 --> 00:56:32.976 ...of Ambien, Bernie. 1191 00:56:33.019 --> 00:56:35.061 Sleep's not gonna be your problem. 1192 00:56:35.104 --> 00:56:37.646 My mind races. 1193 00:56:37.690 --> 00:56:39.190 Fine. 1194 00:56:40.485 --> 00:56:42.235 Our last night on Earth 1195 00:56:42.278 --> 00:56:44.195 ...will be you, me, and Judy Garland. 1196 00:56:44.239 --> 00:56:47.740 - How romantic. - Let's not get started, Ruth. 1197 00:56:51.036 --> 00:56:53.704 We had a good life, didn't we? 1198 00:56:53.748 --> 00:56:56.081 Yeah, 1199 00:56:56.126 --> 00:56:58.585 ...until you ruined it. 1200 00:56:58.628 --> 00:57:01.128 <font color="Khaki">♪ Have yourself ♪</font> 1201 00:57:01.173 --> 00:57:05.550 <font color="Khaki">♪ A merry ♪</font> <font color="Khaki">♪ little Christmas ♪</font> 1202 00:57:05.594 --> 00:57:11.514 <font color="Khaki">♪ <i>Let your heart</i> ♪</font> <font color="Khaki">♪ <i>be light</i> ♪</font> 1203 00:57:11.557 --> 00:57:15.518 <font color="Khaki">♪ <i>Next year</i> ♪</font> <font color="Khaki">♪ <i>all our troubles</i> ♪</font> 1204 00:57:15.561 --> 00:57:20.898 <font color="Khaki">♪ <i>Will be out of sight...</i> ♪</font> <font color="DeepSkyBlue">(DOOR OPENS)</font> 1205 00:57:24.403 --> 00:57:26.695 <font color="DeepSkyBlue">(FOOTSTEPS)</font> <font color="Khaki">♪ <i>Have yourself...</i> ♪</font> 1206 00:57:26.740 --> 00:57:28.780 <font color="Chocolate">BOY:</font> <i>Pop-pop!</i> 1207 00:57:32.036 --> 00:57:38.208 - <i>Pop-pop!</i> <font color="Khaki">♪ Make the yuletide gay ♪</font> 1208 00:57:38.251 --> 00:57:42.003 <font color="Khaki">♪ Next year ♪</font> <font color="Khaki">♪ all our troubles ♪</font> 1209 00:57:42.047 --> 00:57:46.757 <font color="Khaki">♪ Will be miles away... ♪</font> 1210 00:57:49.554 --> 00:57:51.845 <font color="DeepSkyBlue">(RUNNING FOOTSTEPS)</font> 1211 00:57:51.889 --> 00:57:54.389 <font color="Khaki">♪ <i>Once again...</i> ♪</font> - Hello? 1212 00:57:54.434 --> 00:57:57.393 <font color="Khaki">♪ <i>As in olden days...</i> ♪</font> - Pop-pop!</i> 1213 00:57:57.436 --> 00:58:01.438 - Hello? <font color="Khaki">♪ <i>Happy golden days</i> ♪</font> 1214 00:58:01.483 --> 00:58:05.443 <font color="Khaki">♪ <i>Of yore</i> ♪</font> 1215 00:58:05.487 --> 00:58:08.905 <font color="Khaki">♪ <i>Faithful friends...</i> ♪</font> - Mark, Andy. 1216 00:58:08.949 --> 00:58:11.990 Uh, I'm glad you came. 1217 00:58:14.079 --> 00:58:16.286 I have so much I wanna tell you. 1218 00:58:19.166 --> 00:58:24.003 So much I wanna tell you. 1219 00:58:30.094 --> 00:58:32.512 I never... I never wanted any... 1220 00:58:32.554 --> 00:58:35.847 I never wanted either of you 1221 00:58:35.891 --> 00:58:38.684 ...to...to... 1222 00:58:38.728 --> 00:58:40.394 ...to, you know... 1223 00:58:40.438 --> 00:58:43.481 <i>I just never wanted either of you to...</i> 1224 00:58:43.525 --> 00:58:45.065 ...it just... 1225 00:58:45.110 --> 00:58:47.193 ...sometimes things in life happen... 1226 00:58:47.237 --> 00:58:48.860 ...that you don't even... 1227 00:58:50.865 --> 00:58:54.157 You know, there's a lot that I never really wanted to... 1228 00:58:54.202 --> 00:58:55.659 ...to tell you. 1229 00:58:55.704 --> 00:58:57.869 Uh, 1230 00:58:57.914 --> 00:59:00.373 I'm glad... I'm glad you're here. 1231 00:59:00.416 --> 00:59:03.501 <font color="Khaki">♪ Once again ♪</font> 1232 00:59:03.545 --> 00:59:06.920 <font color="Khaki">♪ As in olden days ♪</font> 1233 00:59:06.965 --> 00:59:09.090 <font color="Khaki">♪ Happy golden... ♪</font> - <i>Good evening.</i> 1234 00:59:09.133 --> 00:59:10.882 It is a day that will be in bold print... 1235 00:59:10.927 --> 00:59:12.135 ...in history books. 1236 00:59:12.177 --> 00:59:14.970 Black Monday, October 19th, 1987, 1237 00:59:15.014 --> 00:59:17.597 <i>...when the stock market went into a free fall,</i> 1238 00:59:17.641 --> 00:59:19.099 ...losing more in one day... 1239 00:59:19.144 --> 00:59:22.144 ...than it did on Black Tuesday in 1929. 1240 00:59:22.188 --> 00:59:25.106 <font color="DeepSkyBlue">(STATIC HISSES)</font> - Fucking rigged. 1241 00:59:25.150 --> 00:59:27.858 - How to fuck the little guy. <font color="DeepSkyBlue">(KEYBOARD CLACKING)</font> 1242 00:59:34.159 --> 00:59:36.367 I wonder if I can count on you. 1243 00:59:36.411 --> 00:59:37.492 <font color="Chocolate">FRANK:</font> <i>Of course.</i> 1244 00:59:37.536 --> 00:59:40.662 <font color="Chocolate">BOY:</font> <i>Pop-pop!</i> 1245 00:59:40.706 --> 00:59:44.124 <font color="Chocolate">BERNIE:</font> <i>Can I count on you? - Pop-pop!</i> 1246 00:59:44.168 --> 00:59:45.876 <font color="Chocolate">BERNIE:</font> <i>We took a big hit today.</i> 1247 00:59:45.920 --> 00:59:48.253 <i>Lost over a billion and change.</i> 1248 00:59:48.298 --> 00:59:50.840 <i>You know how with a split-strike conversion strategy...</i> 1249 00:59:50.883 --> 00:59:52.800 <i>...the stock options offset losses?</i> 1250 00:59:52.844 --> 00:59:54.885 <font color="Chocolate">FRANK:</font> <i>It's like insurance.</i> 1251 00:59:54.929 --> 00:59:57.033 A fucking meltdown like this, would have been a nice strategy. 1252 00:59:57.057 --> 00:59:58.389 <i>If only we had it in place...</i> 1253 00:59:58.432 --> 01:00:00.557 - <i>...before the fucking...</i> - No ifs. 1254 01:00:01.894 --> 01:00:03.394 No ifs. 1255 01:00:03.438 --> 01:00:04.936 <i>And we tell no one.</i> 1256 01:00:04.981 --> 01:00:08.315 We tell no one. 1257 01:00:08.360 --> 01:00:10.860 <font color="Chocolate">BOY:</font> <i>Pop-pop!</i> 1258 01:00:10.903 --> 01:00:13.653 <font color="Chocolate">FRANK:</font> <i>Basically, we're picking winners of yesterday's horse races?</i> 1259 01:00:13.697 --> 01:00:16.574 Yeah, so if anyone double-checks our trades, we got it all there. 1260 01:00:16.617 --> 01:00:18.784 - All winners. - <i>Fine.</i> 1261 01:00:20.996 --> 01:00:22.454 <font color="Chocolate">BERNIE:</font> <i>Make sure the books show...</i> 1262 01:00:22.499 --> 01:00:25.124 <i>...that the London office is clearing the trades...</i> 1263 01:00:25.168 --> 01:00:27.335 ...so no one upstairs in market-making is involved. 1264 01:00:27.378 --> 01:00:29.586 Not my brother, not the boys, no one. 1265 01:00:29.630 --> 01:00:33.590 - <i>Understand?</i> - Yeah, of course, of course, yeah. 1266 01:00:33.635 --> 01:00:35.510 No one. 1267 01:00:35.552 --> 01:00:37.552 <font color="Chocolate">WOMAN:</font> <i>Erwin's last words to me,</i> 1268 01:00:37.597 --> 01:00:39.472 <i>...the last thing he said was,</i> 1269 01:00:39.516 --> 01:00:42.182 "Bernie will take care of everything." 1270 01:00:42.226 --> 01:00:46.478 He's gone, and... I don't know what to do. 1271 01:00:46.523 --> 01:00:48.606 <font color="Chocolate">BERNIE:</font> <i>It's gonna be okay.</i> 1272 01:00:48.650 --> 01:00:50.983 <i>You can take all of Erwin's other accounts...</i> 1273 01:00:51.027 --> 01:00:53.068 ...his savings, life insurance, everything... 1274 01:00:53.112 --> 01:00:55.195 ...and you can put it all in his account here. 1275 01:00:56.449 --> 01:00:58.657 <font color="DeepSkyBlue">(DISTORTED)</font> God bless you, Bernie. 1276 01:01:01.371 --> 01:01:03.329 <font color="Chocolate">BOY:</font> <i>Pop-pop!</i> 1277 01:01:03.373 --> 01:01:05.331 <font color="DeepSkyBlue">(RUNNING FOOTSTEPS)</font> 1278 01:01:05.374 --> 01:01:07.499 - Pop-pop! - Daniel! 1279 01:01:07.543 --> 01:01:09.501 - Pop-pop? - Yeah? 1280 01:01:09.545 --> 01:01:11.336 Are you gonna die in jail? 1281 01:01:11.380 --> 01:01:13.923 <font color="Khaki">♪ Somehow... ♪</font> 1282 01:01:13.967 --> 01:01:17.510 <font color="Chocolate">BERNIE:</font> <i>Ruth. Ruth.</i> 1283 01:01:17.554 --> 01:01:20.220 Ruth, I need more pills. 1284 01:01:20.264 --> 01:01:22.056 Ruth. 1285 01:01:22.099 --> 01:01:24.307 <font color="Chocolate">MAN:</font> <i>Have you no shame?</i> 1286 01:01:29.148 --> 01:01:30.773 Hello? 1287 01:01:30.816 --> 01:01:33.693 Have you no shame? 1288 01:01:35.405 --> 01:01:37.362 <i>No remorse?</i> 1289 01:01:39.492 --> 01:01:42.869 - Have you no conscience? <font color="DeepSkyBlue">(REPORTERS CLAMORING)</font> 1290 01:01:44.581 --> 01:01:46.621 <i>You steal from widows,</i> 1291 01:01:46.666 --> 01:01:49.374 <i>...you steal from charities,</i> 1292 01:01:49.418 --> 01:01:53.086 ...you steal from Elie Wiesel, a Holocaust survivor. 1293 01:01:53.130 --> 01:01:55.130 You prey on your own people. 1294 01:01:55.175 --> 01:01:57.550 You steal from your own people. 1295 01:01:57.594 --> 01:01:59.342 Have you no shame!? 1296 01:01:59.387 --> 01:02:01.720 <font color="DeepSkyBlue">(GUNSHOTS)</font> 1297 01:02:17.197 --> 01:02:18.737 <font color="DeepSkyBlue">(GASPS)</font> 1298 01:02:20.492 --> 01:02:24.367 - Huh? - Well, we're still here. 1299 01:02:28.916 --> 01:02:30.624 <font color="DeepSkyBlue">(CHATTER)</font> 1300 01:02:32.420 --> 01:02:34.128 <font color="Chocolate">MAN:</font> <i>Mr. Markopolos, it's all yours.</i> 1301 01:02:34.172 --> 01:02:36.130 <font color="Chocolate">MARKOPOLOS:</font> <i>Thank you, Mr. Chairman.</i> 1302 01:02:36.173 --> 01:02:39.842 <i>My team and I tried our best to get the SEC to investigate...</i> 1303 01:02:39.885 --> 01:02:42.010 <i>...and shut down the Madoff Ponzi scheme...</i> 1304 01:02:42.054 --> 01:02:45.139 ...with repeated and credible warnings to the SEC 1305 01:02:45.182 --> 01:02:47.266 ...that started in May 2000. 1306 01:02:47.309 --> 01:02:49.476 - <i>We knew that...</i> - Ruth. 1307 01:02:49.521 --> 01:02:51.478 <font color="Chocolate">RUTH:</font> <i>What?</i> 1308 01:02:51.523 --> 01:02:54.065 You wanna watch this Harry guy's testimony? 1309 01:02:54.108 --> 01:02:55.900 Who? 1310 01:02:55.943 --> 01:02:58.193 <i>Harry...I don't know, I can't pronounce it.</i> 1311 01:02:58.237 --> 01:03:01.572 What's he testifying about? 1312 01:03:01.615 --> 01:03:03.032 Me. 1313 01:03:03.075 --> 01:03:04.617 <i>Over a nine-year time span.</i> 1314 01:03:04.661 --> 01:03:06.827 <i>If a $50-billion Ponzi scheme...</i> 1315 01:03:06.871 --> 01:03:08.954 <i>...doesn't make the SEC's priority list,</i> 1316 01:03:08.998 --> 01:03:11.456 <i>...then I wanna know who sets their priorities.</i> 1317 01:03:11.501 --> 01:03:14.585 What made you think that Bernie Madoff was a fraud? 1318 01:03:14.628 --> 01:03:16.711 The key tip-off... and it took me about five minutes... 1319 01:03:16.755 --> 01:03:18.838 ...to figure out that he was a fraud... 1320 01:03:18.882 --> 01:03:20.486 <i>...I'm gonna give you a hand signal and I'm gonna show you...</i> 1321 01:03:20.510 --> 01:03:21.862 <i>...what his performance return line looked like.</i> 1322 01:03:21.885 --> 01:03:24.387 It went in only one direction... up. 1323 01:03:24.429 --> 01:03:26.347 It never had variation like the market does... 1324 01:03:26.391 --> 01:03:28.349 ...like...like this, but then I did... 1325 01:03:28.393 --> 01:03:31.269 - Who is this guy? - <i>He tried to warn the SEC about me.</i> 1326 01:03:31.311 --> 01:03:35.146 - And what happened? - They ignored his warnings. 1327 01:03:35.190 --> 01:03:37.733 - So what's the point? - What do mean what's the point? 1328 01:03:37.777 --> 01:03:39.652 Well, what's the point of all this? 1329 01:03:39.695 --> 01:03:41.695 Well, he's saying that basically, 1330 01:03:41.739 --> 01:03:43.405 ...he handed the SEC the evidence... 1331 01:03:43.449 --> 01:03:44.865 ...and they didn't follow up on it. 1332 01:03:44.909 --> 01:03:47.200 Oh, so a government agency is incompetent. 1333 01:03:47.244 --> 01:03:48.911 - <i>Mm-hmm.</i> - Yeah, and that's news? 1334 01:03:48.954 --> 01:03:50.594 No, look, I've been saying that for years. 1335 01:03:50.623 --> 01:03:52.498 And I have firsthand knowledge. 1336 01:03:53.835 --> 01:03:55.626 <font color="DeepSkyBlue">(HORNS HONKING)</font> 1337 01:04:00.382 --> 01:04:03.008 This fucking cocksucker walks in and out of the building... 1338 01:04:03.052 --> 01:04:04.385 ...with this jacket on. 1339 01:04:04.429 --> 01:04:06.012 What the fuck is wrong with him? 1340 01:04:06.054 --> 01:04:08.347 Bern, the guy's asking for our DTC account number. 1341 01:04:08.391 --> 01:04:09.724 What are we gonna do? 1342 01:04:11.184 --> 01:04:12.787 I mean, all my years dealing with the SEC, 1343 01:04:12.811 --> 01:04:15.396 I've never seen this enforcement. 1344 01:04:16.940 --> 01:04:18.294 Who the fuck does this guy think he is? 1345 01:04:18.318 --> 01:04:20.610 Boss, if we don't give the guy the number, 1346 01:04:20.653 --> 01:04:22.381 ...it's gonna be obvious that we're hiding something. 1347 01:04:22.405 --> 01:04:24.466 Yeah, but the way he just fucking walks in here like that, 1348 01:04:24.490 --> 01:04:26.449 ...no fucking suit or nothing. 1349 01:04:26.492 --> 01:04:28.409 - No, I know. - What kind of fucking arrogance? 1350 01:04:28.452 --> 01:04:30.786 The jacket's annoying, but, Bern, please focus. 1351 01:04:30.829 --> 01:04:32.287 If we do give it to him, 1352 01:04:32.331 --> 01:04:35.166 ...uh, one call to the DTC and that's it. 1353 01:04:35.208 --> 01:04:36.626 Game over. 1354 01:04:36.668 --> 01:04:38.586 We're just here for a routine exam. 1355 01:04:38.630 --> 01:04:40.338 We haven't done one in 10 years. 1356 01:04:40.380 --> 01:04:42.882 - You were just here. - Uh, we...we weren't. 1357 01:04:42.925 --> 01:04:46.092 - DC Inspections was. - We don't talk to DC. 1358 01:04:46.137 --> 01:04:49.679 So, uh, tell me about this article. 1359 01:04:49.724 --> 01:04:52.516 Yeah, I was very bothered by this. 1360 01:04:52.559 --> 01:04:54.476 I mean, why would they make me look fat? 1361 01:04:54.519 --> 01:04:55.728 Excuse me? 1362 01:04:55.771 --> 01:04:57.479 I mean, look at my face. 1363 01:04:57.523 --> 01:04:59.483 Look at my cheeks. I look like a fucking porpoise. 1364 01:04:59.525 --> 01:05:02.902 Well, um, yes, but I'm referring to the allegations. 1365 01:05:02.945 --> 01:05:05.905 What about it? Lori Richards has all this information. 1366 01:05:05.947 --> 01:05:07.822 I sent it to her in a file. They have it. 1367 01:05:07.867 --> 01:05:09.742 As I told you, we're a very large organization. 1368 01:05:09.786 --> 01:05:12.494 - We don't talk to each other. - You don't talk to DC? 1369 01:05:12.537 --> 01:05:15.039 N-no. It... it's, uh... 1370 01:05:15.083 --> 01:05:16.666 This is the problem with the SEC. 1371 01:05:16.708 --> 01:05:18.708 I've been saying this for years. 1372 01:05:18.753 --> 01:05:20.753 I mean, you have to have better communication. 1373 01:05:20.797 --> 01:05:22.191 How are you supposed to be able to do your job... 1374 01:05:22.215 --> 01:05:23.713 ...with a fraction of the information? 1375 01:05:23.757 --> 01:05:25.800 Well, we're trying to get all of the information. 1376 01:05:25.842 --> 01:05:28.510 Well, don't you think you should start by talking to DC? 1377 01:05:28.554 --> 01:05:30.179 I mean, I got...my whole office here 1378 01:05:30.222 --> 01:05:31.367 ...is wondering what's happening. 1379 01:05:31.391 --> 01:05:32.807 You come in with that jacket, 1380 01:05:32.849 --> 01:05:34.327 ...it embarrasses the hell out of all of us. 1381 01:05:34.351 --> 01:05:36.059 And this? It's a fucking cartoon. 1382 01:05:36.103 --> 01:05:37.769 It's an old article. It's four years old. 1383 01:05:37.813 --> 01:05:39.624 And you're asking me questions about an old article... 1384 01:05:39.648 --> 01:05:41.315 ...with a silly cartoon? 1385 01:05:41.358 --> 01:05:43.316 And you haven't spoken to DC. 1386 01:05:43.360 --> 01:05:45.152 Are we, um...are we waiting on your lawyers? 1387 01:05:45.195 --> 01:05:46.778 I never have lawyers in the office... 1388 01:05:46.822 --> 01:05:48.864 ...when I'm talking to regulators for two reasons. 1389 01:05:48.907 --> 01:05:50.699 One, I'm not doing anything wrong. 1390 01:05:50.742 --> 01:05:52.827 Two, I know the rules better than most... 1391 01:05:52.869 --> 01:05:54.704 ...because I drafted a majority of them. 1392 01:05:54.746 --> 01:05:56.037 And we haven't met before, 1393 01:05:56.081 --> 01:05:58.039 ...but we have very strong relationships. 1394 01:05:58.083 --> 01:06:01.335 And I was on the short list for SEC director. 1395 01:06:01.378 --> 01:06:03.713 Yes, we... we know that. 1396 01:06:03.755 --> 01:06:06.005 If you need anything at all, I'll be in my office. 1397 01:06:06.050 --> 01:06:08.092 There's no such thing as an inconvenience. 1398 01:06:08.135 --> 01:06:09.802 - Thanks. - I'm here. 1399 01:06:11.931 --> 01:06:13.556 <i>Oh, um,</i> 1400 01:06:13.599 --> 01:06:16.474 ...by the way, are these securities with the DTC? 1401 01:06:16.519 --> 01:06:18.769 - Of course. - We're gonna need your account number... 1402 01:06:18.813 --> 01:06:21.354 <i>...just so we can verify the assets.</i> 1403 01:06:21.398 --> 01:06:24.315 Oh, Bern, you're fucking killing me. 1404 01:06:28.655 --> 01:06:30.655 646. 1405 01:06:30.699 --> 01:06:32.365 646. Great, thank you. 1406 01:06:32.409 --> 01:06:34.034 Do you mind if you take that jacket off... 1407 01:06:34.077 --> 01:06:35.411 ...before you go out there? 1408 01:06:35.454 --> 01:06:37.787 - <i>Oh, um...</i> - Just... 1409 01:06:37.831 --> 01:06:39.831 <i>Sure.</i> 1410 01:06:39.876 --> 01:06:41.416 <font color="Chocolate">BERNIE'S:</font> <font color="DeepSkyBlue">(VOICE)</font> <i>One call.</i> 1411 01:06:41.461 --> 01:06:43.335 <i>All the SEC had to do was make one call...</i> 1412 01:06:43.378 --> 01:06:45.190 <i>...and they would've seen that everything was fake,</i> 1413 01:06:45.213 --> 01:06:46.797 <i>...that there was nothing there.</i> 1414 01:06:46.840 --> 01:06:48.798 <i>But they never called.</i> 1415 01:06:48.842 --> 01:06:50.967 <font color="Chocolate">DIANA:</font> <i>You just gambled that they wouldn't call?</i> 1416 01:06:51.012 --> 01:06:53.429 <font color="Chocolate">BERNIE:</font> <i>It was more than a gamble. It was...</i> 1417 01:06:53.472 --> 01:06:55.472 <i>...it was a leap of faith, if you will.</i> 1418 01:06:55.516 --> 01:06:58.893 <font color="Chocolate">DIANA:</font> <i>You wait, knowing what they will find...</i> 1419 01:06:58.936 --> 01:07:00.561 <i>...if they make that call.</i> 1420 01:07:00.604 --> 01:07:02.271 I can't imagine what that was like. 1421 01:07:02.315 --> 01:07:06.858 It was...it was excruciatingly difficult. 1422 01:07:08.278 --> 01:07:10.278 At some point, you figured... 1423 01:07:10.322 --> 01:07:13.365 I figured that they didn't do it. 1424 01:07:13.409 --> 01:07:16.659 They just didn't follow up on it. 1425 01:07:16.704 --> 01:07:18.161 <font color="DeepSkyBlue">(DIANA SIGHS)</font> 1426 01:07:18.206 --> 01:07:20.414 <i>If you didn't plan on killing yourself...</i> 1427 01:07:20.458 --> 01:07:22.458 <i>...or going into hiding,</i> 1428 01:07:22.501 --> 01:07:24.460 <i>...how did you think it would end?</i> 1429 01:07:24.503 --> 01:07:26.253 Well, it was almost like, uh... 1430 01:07:26.297 --> 01:07:28.088 ...it sounds horrible to say it now... 1431 01:07:28.132 --> 01:07:30.882 ...but I just wanted the whole world to come to an end. 1432 01:07:30.927 --> 01:07:32.592 When 9-11 happened, 1433 01:07:32.637 --> 01:07:34.385 I thought this was the only way out. 1434 01:07:34.429 --> 01:07:36.764 The world would come to an end, I'd be dead, 1435 01:07:36.807 --> 01:07:38.557 ...and everybody would be gone. 1436 01:07:40.019 --> 01:07:41.894 But, I mean, I could've kept it going. 1437 01:07:41.938 --> 01:07:43.478 I could've covered everything. 1438 01:07:43.523 --> 01:07:45.438 Even after the fall of '08, 1439 01:07:45.483 --> 01:07:47.503 I had enough commitments of cash that would've come in. 1440 01:07:47.527 --> 01:07:49.985 So I could've, you know... I...I... 1441 01:07:50.028 --> 01:07:51.945 I just got tired. 1442 01:07:51.989 --> 01:07:54.197 <font color="DeepSkyBlue">(SIGHS)</font> I knew by Thanksgiving I was gonna give it up. 1443 01:07:54.242 --> 01:07:56.659 - I was gonna stop. <font color="DeepSkyBlue">(DRUMS PLAYING)</font> 1444 01:07:56.702 --> 01:07:58.472 <font color="DeepSkyBlue">(REPORTERS' VOICES OVERLAPPING)</font> - <i>Financial turmoil in the US.</i> 1445 01:07:58.496 --> 01:07:59.954 Wall Street in crisis mode. 1446 01:07:59.996 --> 01:08:01.454 <i>Wall Street on red alert.</i> 1447 01:08:01.499 --> 01:08:04.208 <i>Bear Stearns has effectively gone under.</i> 1448 01:08:04.251 --> 01:08:06.460 <i>The largest bankruptcy in US history.</i> 1449 01:08:06.503 --> 01:08:09.344 - <i>Unprecedented. - This is really shaking the foundation of Wall Street.</i> 1450 01:08:09.382 --> 01:08:11.090 A lot of money and a lot of jobs. 1451 01:08:11.132 --> 01:08:14.175 America's economy is facing unprecedented challenges. 1452 01:08:14.219 --> 01:08:17.178 <i>All of this taking a devastating toll on stocks.</i> 1453 01:08:17.223 --> 01:08:19.431 <i>Single biggest point drop ever.</i> 1454 01:08:27.900 --> 01:08:29.732 <font color="Chocolate">FRANK:</font> <i>I'm sorry to bother you.</i> 1455 01:08:29.776 --> 01:08:31.296 <i>I just got another call you're gonna fucking love.</i> 1456 01:08:31.320 --> 01:08:33.195 - Yeah, go ahead. - <i>Bank Medici's</i> 1457 01:08:33.239 --> 01:08:35.614 ...pulling out 450 million, Bern. 1458 01:08:35.657 --> 01:08:38.075 Stanley Chais has been draining us all goddamn year, 1459 01:08:38.119 --> 01:08:40.369 <i>...and this is on top of Fairfield's withdrawals.</i> 1460 01:08:40.412 --> 01:08:43.414 I delivered for these fucking people for fucking decades... 1461 01:08:43.456 --> 01:08:45.499 ...and now they're all running for the fucking hills. 1462 01:08:45.543 --> 01:08:47.437 <i>Bern, we can't keep getting hit with these redemptions.</i> 1463 01:08:47.460 --> 01:08:49.503 We gotta find a way to conserve. 1464 01:08:49.547 --> 01:08:51.422 I think we should lower the returns. 1465 01:08:51.464 --> 01:08:53.299 Are you kidding? That'll cause a bigger panic. 1466 01:08:53.342 --> 01:08:55.529 They'll all pull out, the greedy fucks. We can't do that. 1467 01:08:55.553 --> 01:08:57.218 <i>Well, we gotta do something.</i> 1468 01:08:57.263 --> 01:08:59.972 We're treading water like a fucking paraplegic here. 1469 01:09:00.016 --> 01:09:02.369 <font color="Chocolate">MAN:</font> <i>I was just saying...</i> - Hold on, let me get rid of this idiot. 1470 01:09:02.392 --> 01:09:05.393 The joke on the street is that Bernie's like the Jewish T-bill. 1471 01:09:05.437 --> 01:09:07.666 - Very funny. I'm on the phone. I'm on the phone. - He's that safe. 1472 01:09:07.690 --> 01:09:09.022 I'm on the phone. 1473 01:09:09.066 --> 01:09:10.941 I'll introduce you guys later. 1474 01:09:10.985 --> 01:09:12.358 He's gonna love you. 1475 01:09:12.402 --> 01:09:14.777 See if you can rattle Fairfield's cage. 1476 01:09:14.821 --> 01:09:16.530 In the meantime, I've got a few ideas. 1477 01:09:16.574 --> 01:09:17.615 - <i>Fairfield?</i> - Yeah. 1478 01:09:17.657 --> 01:09:19.450 <i>All right.</i> 1479 01:09:27.250 --> 01:09:30.169 <font color="Chocolate">RUTH:</font> <i>Uh-huh. Nice, nice.</i> <font color="Chocolate">MAN:</font> <i>Not in a bathing suit.</i> 1480 01:09:32.714 --> 01:09:34.839 Me neither. 1481 01:09:34.884 --> 01:09:37.259 - Hey. - Hey, kid. 1482 01:09:37.303 --> 01:09:39.553 I heard you're the one who hustled... 1483 01:09:39.597 --> 01:09:42.764 ...those penny stocks in that shitty office you had downtown. 1484 01:09:42.808 --> 01:09:44.599 Yeah, yeah, yeah. Yeah, that's me. 1485 01:09:44.643 --> 01:09:47.561 Can you believe I've known this man for 50 years? 1486 01:09:47.604 --> 01:09:49.437 Carl, listen, I wanna tell you something. 1487 01:09:49.482 --> 01:09:51.522 Not now. 1488 01:09:51.567 --> 01:09:54.233 There are some real opportunities in the market right now... 1489 01:09:54.277 --> 01:09:56.277 ...and I wanna make you aware of them. 1490 01:09:56.321 --> 01:09:58.321 - Not now, Bernie. - I know, I know. 1491 01:09:58.366 --> 01:10:00.824 - Not now. - I know. I wouldn't tell you about them... 1492 01:10:00.867 --> 01:10:02.992 ...unless they were really, really important, okay? 1493 01:10:03.036 --> 01:10:04.786 I don't want you mad at me you missed out. 1494 01:10:04.830 --> 01:10:06.789 All right. 1495 01:10:06.831 --> 01:10:08.665 How much do you want me to put in? 1496 01:10:08.709 --> 01:10:10.709 250. 1497 01:10:10.753 --> 01:10:15.004 - On top of the 300 million I already have with you? - Yes. 1498 01:10:15.049 --> 01:10:17.215 The market in shambles? 1499 01:10:17.259 --> 01:10:19.718 It's plummeting, but now is the time to take advantage. 1500 01:10:19.762 --> 01:10:22.366 - I'm so exposed... - That's exactly why I'm proposing this to you. 1501 01:10:22.389 --> 01:10:25.598 I'm afraid I'll be arrested for public indecency. 1502 01:10:25.642 --> 01:10:27.558 Oh, I'm not doing it with everybody. 1503 01:10:27.602 --> 01:10:30.353 - It's just a few people. - All right, all right. Enough. 1504 01:10:30.397 --> 01:10:31.917 - Okay, and you are family. - I'll tell you. 1505 01:10:31.941 --> 01:10:33.898 Listen, I'll think about it. 1506 01:10:33.942 --> 01:10:35.067 - Okay. - Okay? 1507 01:10:35.111 --> 01:10:36.360 But don't take too long. 1508 01:10:36.403 --> 01:10:38.445 In all seriousness, don't take too long. 1509 01:10:38.489 --> 01:10:40.406 Please don't take too long. 1510 01:10:40.449 --> 01:10:43.366 - Carl... - I said it. I will think about it. 1511 01:10:43.410 --> 01:10:45.326 - Period. - I live you, I respect that. 1512 01:10:45.370 --> 01:10:46.911 Thank you very much. 1513 01:10:49.040 --> 01:10:51.375 Fucking rich people. Parasites. 1514 01:10:51.419 --> 01:10:52.959 You're in a mood. 1515 01:10:53.004 --> 01:10:54.585 <font color="DeepSkyBlue">(CELL PHONE RINGING)</font> 1516 01:10:58.467 --> 01:11:00.134 I gotta take this. 1517 01:11:03.054 --> 01:11:04.408 <font color="Chocolate">FRANK:</font> <i>Well, I just got off the phone...</i> 1518 01:11:04.432 --> 01:11:05.973 <i>...with that cocksucker at Kingate.</i> 1519 01:11:06.017 --> 01:11:08.017 He's pulling out 260 million. 1520 01:11:08.059 --> 01:11:09.767 Do these fucking people not understand... 1521 01:11:09.812 --> 01:11:11.978 ...how a fucking split-strike works? 1522 01:11:12.022 --> 01:11:13.750 - Do they not understand? - <i>Hold on, I got Fairfield calling me back.</i> 1523 01:11:13.773 --> 01:11:15.190 Hold on. 1524 01:11:15.233 --> 01:11:16.233 Yeah? 1525 01:11:21.281 --> 01:11:22.990 Hey, Rick Jarvis. 1526 01:11:23.034 --> 01:11:24.593 We met at the club a few months back with Solomon. 1527 01:11:24.617 --> 01:11:26.994 Well, look, while I got your attention, 1528 01:11:27.037 --> 01:11:30.955 I just exited this private equity venture with a five X return. 1529 01:11:31.000 --> 01:11:34.000 I'm looking to put that money to work right away this quarter. 1530 01:11:34.044 --> 01:11:37.170 Well, unfortunately, that's not possible. 1531 01:11:37.214 --> 01:11:38.922 I haven't told you how much. 1532 01:11:38.965 --> 01:11:42.384 - Well, it really doesn't matter. - $100 million. 1533 01:11:42.428 --> 01:11:44.260 <font color="DeepSkyBlue">(SIGHS)</font> I'm sorry, but the fund... 1534 01:11:44.304 --> 01:11:46.304 ...is fully subscribed for the quarter. 1535 01:11:46.348 --> 01:11:49.892 - Even in this market? - My clients know not to worry. 1536 01:11:49.934 --> 01:11:51.267 I know how to avoid the pitfalls. 1537 01:11:51.312 --> 01:11:54.937 Okay, I want in this quarter, all right? 1538 01:11:54.982 --> 01:11:56.773 Whatever restrictions you wanna put on it, 1539 01:11:56.817 --> 01:12:00.276 ...you know, I'll park this money with you for a long time. 1540 01:12:00.321 --> 01:12:02.591 It's not about the money. It's about pushing clients aside. 1541 01:12:02.615 --> 01:12:05.741 I can't do that. I have to sacrifice someone, 1542 01:12:05.785 --> 01:12:09.077 ...a loyal client to me, in order to accommodate you. 1543 01:12:09.120 --> 01:12:11.330 Unless it's really, really worth it... 1544 01:12:11.373 --> 01:12:13.165 I am talking about giving you 1545 01:12:13.209 --> 01:12:15.041 $100 million. 1546 01:12:15.085 --> 01:12:17.044 That's, uh, not gonna do it. 1547 01:12:19.214 --> 01:12:20.839 So what's it gonna take? 1548 01:12:20.883 --> 01:12:22.674 I have to do what's ethical. 1549 01:12:22.718 --> 01:12:26.010 - I can't let you jump the line. - I'll go 150 if you let me. 1550 01:12:26.054 --> 01:12:28.679 - Love to help you, but I can't. - <i>175.</i> 1551 01:12:28.723 --> 01:12:31.433 Fully subscribed. 1552 01:12:31.477 --> 01:12:33.392 - 200. - <i>I wish I could.</i> 1553 01:12:33.437 --> 01:12:35.812 I'm just thinking if I...no. 1554 01:12:35.856 --> 01:12:37.397 225? 1555 01:12:39.360 --> 01:12:41.110 <i>250.</i> 1556 01:12:41.152 --> 01:12:42.361 275. 1557 01:12:44.072 --> 01:12:45.822 <i>$300 million.</i> 1558 01:12:47.617 --> 01:12:49.742 How far do we gotta go? Just tell me. 1559 01:12:49.786 --> 01:12:52.830 If you go above four, we might have something. 1560 01:12:52.873 --> 01:12:54.039 <i>400.</i> 1561 01:13:04.593 --> 01:13:05.884 I can do that. 1562 01:13:05.928 --> 01:13:07.718 We got a deal. 1563 01:13:07.763 --> 01:13:10.222 <font color="DeepSkyBlue">(CELL PHONE RINGS)</font> 1564 01:13:10.266 --> 01:13:12.391 I gotta take this phone call. 1565 01:13:12.433 --> 01:13:13.976 Yeah? 1566 01:13:14.018 --> 01:13:15.914 I don't know who the fuck I was just talking with, 1567 01:13:15.937 --> 01:13:18.657 ...but if this guy checks out, we just picked up a good piece of change. 1568 01:13:18.691 --> 01:13:21.607 Well, the shit is definitely hitting the fucking fan. 1569 01:13:21.651 --> 01:13:23.192 I got Fairfield-Greenwich on the line. 1570 01:13:23.236 --> 01:13:24.986 - You want me to patch you in? - <i>Go ahead.</i> 1571 01:13:25.030 --> 01:13:27.572 <font color="Chocolate">MAN:</font> <i>Hey, Bernie. We catching you at a bad time?</i> 1572 01:13:27.616 --> 01:13:29.907 You tell me. I got a back spasm that's fucking killing me. 1573 01:13:29.951 --> 01:13:31.910 <font color="Chocolate">MAN 2:</font> <i>Bernie. Bernie.</i> - What's going on? 1574 01:13:31.954 --> 01:13:33.306 - Can I just get one minute? - Not... 1575 01:13:33.330 --> 01:13:34.558 Just one minute to introduce you. 1576 01:13:34.581 --> 01:13:35.955 - I can't talk. - <i>Just one minute!</i> 1577 01:13:36.000 --> 01:13:38.291 - Yeah? <font color="Chocolate">MAN:</font> <i>Look, Bern,</i> 1578 01:13:38.334 --> 01:13:40.878 <i>...you're basically the only fund that hasn't gotten hammered.</i> 1579 01:13:40.920 --> 01:13:43.129 <i>You're the one place clients can turn to for liquidity...</i> 1580 01:13:43.174 --> 01:13:44.839 <i>...without taking huge losses.</i> 1581 01:13:44.884 --> 01:13:46.465 <font color="DeepSkyBlue">(CHUCKLES)</font> <i>It's the winner's curse.</i> 1582 01:13:46.509 --> 01:13:49.052 What...what, am I supposed to be flattered... 1583 01:13:49.095 --> 01:13:51.199 ...that you just cashed out a billion and a half dollars? 1584 01:13:51.223 --> 01:13:53.139 You gotta put a stop to these redemptions... 1585 01:13:53.183 --> 01:13:54.870 ...because if you don't, just know there's plenty of money out there... 1586 01:13:54.893 --> 01:13:57.018 ...that would love to take your place. 1587 01:13:57.062 --> 01:14:00.563 - <i>Is that a threat?</i> - You can take it any way you like. 1588 01:14:00.607 --> 01:14:04.276 Look at you all dressed up and no place to die. 1589 01:14:04.320 --> 01:14:07.196 - Hello, Jeffry. - Come on, Bernie, there's no need for stress. 1590 01:14:07.239 --> 01:14:09.447 I haven't made many withdrawals. 1591 01:14:11.326 --> 01:14:15.245 Although, that's probably something we should discuss, hmm? 1592 01:14:15.289 --> 01:14:18.290 I did wanna tell you that there are some real opportunities... 1593 01:14:18.334 --> 01:14:20.791 ...in the market right now if you're interested, Jeffry. 1594 01:14:20.835 --> 01:14:22.044 - Hmm. - What do you think? 1595 01:14:22.086 --> 01:14:24.129 - We should be talking... - Mrs. Madoff! 1596 01:14:24.173 --> 01:14:26.798 - <i>Mr. Picower.</i> - Your husband doesn't look well. 1597 01:14:26.842 --> 01:14:29.509 You should attend to him, hmm? 1598 01:14:31.679 --> 01:14:33.222 You okay? 1599 01:14:33.264 --> 01:14:35.139 What's wrong with him, Picower? 1600 01:14:35.183 --> 01:14:38.142 He's one strange, sicko fuck. 1601 01:14:38.187 --> 01:14:39.852 Oh, by the way, my sister, 1602 01:14:39.897 --> 01:14:41.437 ...she's worried about the economy... 1603 01:14:41.482 --> 01:14:42.897 ...and she was thinking about investing... 1604 01:14:42.942 --> 01:14:44.441 ...the rest of her savings with you. 1605 01:14:44.485 --> 01:14:46.485 - Would that be okay? - Yeah, sure. 1606 01:14:46.527 --> 01:14:48.486 <font color="DeepSkyBlue">(MUSIC CONTINUES)</font> 1607 01:14:54.245 --> 01:14:55.785 <font color="DeepSkyBlue">(HORN HONKS)</font> 1608 01:15:07.383 --> 01:15:11.259 Walter, I'm not a fucking money market fund, do you understand? 1609 01:15:11.303 --> 01:15:12.843 If you don't stop these withdrawals... 1610 01:15:12.888 --> 01:15:14.574 ...and replace the money before the end of the month, 1611 01:15:14.598 --> 01:15:16.431 ...then I'm gonna cut you off! 1612 01:15:16.474 --> 01:15:18.410 I'm gonna close the whole fucking Fairfield account! 1613 01:15:18.434 --> 01:15:19.851 Yes! 1614 01:15:19.894 --> 01:15:21.852 Do you hear me?! 1615 01:15:21.897 --> 01:15:23.897 <font color="DeepSkyBlue">(FAINT CHATTER)</font> 1616 01:15:23.941 --> 01:15:26.066 <font color="DeepSkyBlue">(DISHES CLATTERING)</font> 1617 01:15:26.110 --> 01:15:28.860 Oh, shit. What the...? 1618 01:15:29.946 --> 01:15:33.656 <font color="DeepSkyBlue">(CHATTER CONTINUES)</font> 1619 01:15:33.701 --> 01:15:35.803 <font color="Chocolate">RUTH:</font> <i>I hated that. No, I didn't!</i> <font color="Chocolate">MARK:</font> <i>You loved it.</i> 1620 01:15:35.827 --> 01:15:37.597 - <i>You came out of there, you said... don't lie.</i> - Oh, I did not! 1621 01:15:37.620 --> 01:15:39.454 - You're such a liar. - <i>You're a liar.</i> 1622 01:15:39.498 --> 01:15:41.580 Sweetheart, is that a little bit too rare? 1623 01:15:41.625 --> 01:15:43.165 <font color="Chocolate">GIRL:</font> <i>This is good.</i> 1624 01:15:43.209 --> 01:15:45.419 - Everything all right? <font color="Chocolate">BERNIE:</font> <i>Yeah.</i> 1625 01:15:47.714 --> 01:15:50.674 Did you wheel your luggage into the bedroom? 1626 01:15:50.718 --> 01:15:53.759 - Why? - Did you wheel your luggage into the bedroom? 1627 01:15:53.803 --> 01:15:57.888 Well, I certainly didn't bring it in through the window. 1628 01:15:57.933 --> 01:15:59.849 But you smudged the wall by the door. 1629 01:15:59.892 --> 01:16:01.517 You scuffed it with your roller bag. 1630 01:16:02.854 --> 01:16:05.522 Well, string me up and feed me to the dogs. 1631 01:16:07.860 --> 01:16:10.736 I'm sorry I scuffed a wall, Bernie. 1632 01:16:12.614 --> 01:16:14.781 <font color="Chocolate">ANDY:</font> <i>Emily, was just asking about Wall Street, Dad.</i> 1633 01:16:15.909 --> 01:16:16.909 Yeah, 1634 01:16:16.951 --> 01:16:18.242 ...how is Wall Street, Papa? 1635 01:16:18.286 --> 01:16:19.619 She's working on her MBA. 1636 01:16:19.662 --> 01:16:22.289 Dad, future head of Madoff Securities. 1637 01:16:22.333 --> 01:16:23.874 <font color="Chocolate">RUTH:</font> <i>That's right. Watch out, guys.</i> 1638 01:16:25.126 --> 01:16:27.209 I asked how's Wall Street, Papa? 1639 01:16:28.797 --> 01:16:30.213 Wall Street is good. 1640 01:16:30.257 --> 01:16:32.049 Dad says things are bad at Wall Street. 1641 01:16:32.092 --> 01:16:34.050 Well, Dad told you that, but things are fine. 1642 01:16:34.093 --> 01:16:36.260 <i>Why are they bad?</i> 1643 01:16:36.304 --> 01:16:37.888 What did I just say? 1644 01:16:37.931 --> 01:16:40.598 <font color="Chocolate">EMILY:</font> <i>I asked a question. Why is it bad?</i> 1645 01:16:40.642 --> 01:16:42.058 I told you they're not bad. 1646 01:16:42.102 --> 01:16:44.018 Why don't you just eat? 1647 01:16:44.062 --> 01:16:46.979 Well, if it's not bad, why do they call it a meltdown? 1648 01:16:48.942 --> 01:16:51.651 - Why don't you tell me? - <i>How am I supposed to know?</i> 1649 01:16:51.695 --> 01:16:53.673 - <i>That's why I'm asking you.</i> - Do you read "Barron's," huh? 1650 01:16:53.696 --> 01:16:55.364 Do you read the "Wall Street Journal"? 1651 01:16:55.406 --> 01:16:57.782 - Why don't you tell me? - I just asked a question. 1652 01:16:57.826 --> 01:17:00.201 <i>You are my granddaughter and you're an eight-year-old...</i> 1653 01:17:00.245 --> 01:17:02.536 ...and you shouldn't be asking me questions like that. 1654 01:17:02.580 --> 01:17:04.684 - I don't feel like talking about Wall Street. <font color="Chocolate">ANDY:</font> <i>Hey, Dad.</i> 1655 01:17:04.708 --> 01:17:06.811 - I don't feel like...be talking about Wall Street. - Dad. 1656 01:17:06.834 --> 01:17:08.980 - <i>I'm here having dinner with my family.</i> - That's enough. 1657 01:17:09.004 --> 01:17:10.857 <font color="Chocolate">RUTH:</font> <i>Bernie, what's wrong with you? She's just curious.</i> 1658 01:17:10.880 --> 01:17:12.859 Because she doesn't know what the hell she's talking about. 1659 01:17:12.883 --> 01:17:15.717 She's eight years old. I gotta get grilled by this kid. 1660 01:17:15.760 --> 01:17:17.530 - Why are you being so mean? - <i>I got so many other goddamn things</i> 1661 01:17:17.553 --> 01:17:19.720 I'm worried about on Wall Street... 1662 01:17:19.764 --> 01:17:21.764 ...and this kid's asking me about how Wall Street is! 1663 01:17:21.808 --> 01:17:23.892 - Shut up and eat your food! <font color="Chocolate">ANDY:</font> <i>Dad!</i> 1664 01:17:23.936 --> 01:17:25.936 It's okay, sweetheart. Bernie, stop it! 1665 01:17:25.978 --> 01:17:27.896 <font color="DeepSkyBlue">(SOBBING)</font> - What's wrong with you? 1666 01:17:27.940 --> 01:17:29.815 Now you're playing the good guy. 1667 01:17:29.857 --> 01:17:32.025 - <i>Honey, it's okay, it's okay.</i> - Taking her side. 1668 01:17:32.068 --> 01:17:34.111 - She's just curious. - <i>Now I can't eat.</i> 1669 01:17:34.153 --> 01:17:35.840 - It's okay, it's okay. - She's an eight-year-old kid. 1670 01:17:35.864 --> 01:17:37.656 What's the matter with you? 1671 01:17:37.699 --> 01:17:40.491 <font color="DeepSkyBlue">(EMILY WHIMPERING)</font> <font color="Chocolate">RUTH:</font> <i>You're just too smart.</i> 1672 01:17:41.745 --> 01:17:43.202 <font color="Chocolate">RUTH:</font> <i>It's okay.</i> 1673 01:17:51.463 --> 01:17:53.922 <i>I wanna know why you're acting this way.</i> 1674 01:17:53.965 --> 01:17:56.674 The fucking market is a bloodbath. 1675 01:17:59.595 --> 01:18:03.181 - Ah! God damn it. - Hey, hey, hey, hey. 1676 01:18:03.224 --> 01:18:04.808 Take it ea...Dad. 1677 01:18:04.852 --> 01:18:06.434 Fucking thing. 1678 01:18:06.477 --> 01:18:09.562 What's going on? Are you all right? 1679 01:18:09.606 --> 01:18:11.857 I started these blood pressure pills. 1680 01:18:11.900 --> 01:18:13.817 Makes me dizzy. 1681 01:18:13.861 --> 01:18:16.361 - Maybe you should take a couple days off. - <i>No, I can't.</i> 1682 01:18:16.405 --> 01:18:19.321 I have to be at the office first thing in the morning. 1683 01:18:20.576 --> 01:18:22.909 - Founder of Home Depot. - Reschedule. 1684 01:18:25.037 --> 01:18:27.164 - You know... - This fucking thing. 1685 01:18:27.206 --> 01:18:29.790 If you ever trusted me... 1686 01:18:29.834 --> 01:18:31.668 ...to help you with the advisory, 1687 01:18:31.711 --> 01:18:33.836 ...you know, I could handle this kind of thing for you. 1688 01:18:33.880 --> 01:18:36.298 It's my business, not yours. 1689 01:18:36.340 --> 01:18:38.842 Well, what happens when you're gone? 1690 01:18:38.885 --> 01:18:41.239 - I'm not having this discussion with you. - <i>It's a legitimate question.</i> 1691 01:18:41.263 --> 01:18:43.074 - I'm not having this discussion with you. - <i>What is it, Dad?</i> 1692 01:18:43.098 --> 01:18:44.263 Tell me. What is it? 1693 01:18:44.308 --> 01:18:45.891 Is it that I'm not cut out? 1694 01:18:47.561 --> 01:18:49.602 - Are you not listening? - Just be honest with me. 1695 01:18:49.646 --> 01:18:52.188 - Just tell me. - Do you not see what I have to deal with, 1696 01:18:52.232 --> 01:18:54.482 ...the shit that I have to go through on a daily basis? 1697 01:18:54.526 --> 01:18:56.651 No, that's why... that's my point. 1698 01:18:56.695 --> 01:18:58.415 <i>The fucking shit that they put me through?</i> 1699 01:18:58.446 --> 01:19:00.174 <i>That they're trying to fuck me all the time?</i> 1700 01:19:00.199 --> 01:19:02.699 Steal from me? Do you think you can do that? 1701 01:19:02.742 --> 01:19:04.576 Do you think you can deal with that? 1702 01:19:04.620 --> 01:19:06.181 - Yes, I can. - <i>I don't think you can deal with it.</i> 1703 01:19:06.205 --> 01:19:08.162 <i>Bullshit. I don't think so.</i> 1704 01:19:08.206 --> 01:19:10.290 You can't stomach that stuff. That's not in you. 1705 01:19:10.334 --> 01:19:12.459 Andy, maybe, but not you. 1706 01:19:12.503 --> 01:19:14.126 What? 1707 01:19:14.170 --> 01:19:15.586 Wait, what are you saying? 1708 01:19:15.630 --> 01:19:17.088 Are you saying that Andy... 1709 01:19:17.132 --> 01:19:18.339 <i>...what are you saying?</i> 1710 01:19:18.383 --> 01:19:20.634 Andy's better at his job than I am? 1711 01:19:20.677 --> 01:19:23.385 - <i>Mark.</i> - I go to that fucking office every single day. 1712 01:19:23.429 --> 01:19:25.054 I do the same thing that he does. 1713 01:19:25.098 --> 01:19:27.848 I gave you a fucking business to run. 1714 01:19:27.892 --> 01:19:29.351 Are you not happy with that? 1715 01:19:29.393 --> 01:19:30.893 <i>Was that not good enough for you?</i> 1716 01:19:30.937 --> 01:19:33.647 It is definitely good enough for me, Dad. 1717 01:19:33.690 --> 01:19:35.084 - <i>I'm just trying...</i> - Well, then shut the fuck up... 1718 01:19:35.107 --> 01:19:36.732 ...and give me a little fucking gratitude. 1719 01:19:36.776 --> 01:19:41.821 Say, "I'm... thanks, Dad." Can't you do that? 1720 01:19:41.865 --> 01:19:44.010 <i>What, do you think the whole fucking world owes you something?</i> 1721 01:19:44.034 --> 01:19:45.991 The whole fucking world owes you nothing. 1722 01:19:46.035 --> 01:19:48.181 You gotta work for it, and I always say this with your mother. 1723 01:19:48.205 --> 01:19:51.455 <i>This is the problem with having money, an education.</i> 1724 01:19:51.500 --> 01:19:53.124 Nothing is earned. 1725 01:19:53.168 --> 01:19:55.834 You want something, you gotta fucking work for it. 1726 01:20:00.342 --> 01:20:02.509 What, you don't think I have? 1727 01:20:30.289 --> 01:20:32.162 For you, it was installing sprinklers. 1728 01:20:32.206 --> 01:20:35.333 For me, it was digging ditches on a construction crew. 1729 01:20:35.376 --> 01:20:39.295 I never would have started Home Depot if I hadn't had that experience. 1730 01:20:39.339 --> 01:20:41.172 Ken, I wanna be respectful of your time, 1731 01:20:41.215 --> 01:20:42.715 ...so I'm gonna get right to it. 1732 01:20:42.759 --> 01:20:45.093 I'm starting a new highly exclusive fund. 1733 01:20:45.137 --> 01:20:46.928 It's gonna have just five investors. 1734 01:20:46.972 --> 01:20:48.722 Same split-strike conversion strategy... 1735 01:20:48.764 --> 01:20:51.141 ...that's performed so consistently. 1736 01:20:51.183 --> 01:20:53.058 But, frankly, 1737 01:20:53.102 --> 01:20:55.352 ...this fund's gonna have even higher returns. 1738 01:20:55.397 --> 01:20:56.979 The only thing is that it relies... 1739 01:20:57.023 --> 01:20:58.834 ...on the market volatility that we're seeing now, 1740 01:20:58.858 --> 01:21:01.651 ...so I gotta put the money together right away. 1741 01:21:01.695 --> 01:21:03.756 Your current fund's been running for a while, hasn't it? 1742 01:21:03.780 --> 01:21:05.405 It has. Decades. 1743 01:21:05.449 --> 01:21:07.156 Double digit returns every year. 1744 01:21:07.200 --> 01:21:09.617 And you're promising even better returns for the new fund? 1745 01:21:09.660 --> 01:21:11.285 It's a unique opportunity, Ken. 1746 01:21:11.330 --> 01:21:12.954 <i>Uh-huh.</i> 1747 01:21:12.998 --> 01:21:15.123 <i>So I'm asking myself only one question.</i> 1748 01:21:15.166 --> 01:21:19.209 What if I'm a longtime client of yours... 1749 01:21:19.254 --> 01:21:22.088 ...and, uh, how would I feel... 1750 01:21:22.132 --> 01:21:24.132 ...getting shafted for new customers? 1751 01:21:24.175 --> 01:21:27.552 There are other people that I do other funds with, 1752 01:21:27.595 --> 01:21:29.907 ...but I don't wanna include them in this because they're not... 1753 01:21:29.931 --> 01:21:32.348 - Whoa, whoa, wait a second. - they're not the ones... 1754 01:21:32.392 --> 01:21:34.433 Okay, just a second. I'm a little confused. 1755 01:21:34.477 --> 01:21:36.644 You got this fund, you got that fund, 1756 01:21:36.687 --> 01:21:38.625 ...you got people who are long-term customers and you're not gonna... 1757 01:21:38.648 --> 01:21:40.126 Those people are already taken care of. 1758 01:21:40.150 --> 01:21:42.067 We have...we have other funds with them. 1759 01:21:42.110 --> 01:21:44.172 Bernie, I don't...I don't know what you're trying to say. 1760 01:21:44.196 --> 01:21:46.071 - <i>Well...</i> - I'm confused. 1761 01:21:46.114 --> 01:21:48.781 <i>The new fund is getting money before the other people?</i> 1762 01:21:48.825 --> 01:21:51.660 - That's not what I'm saying. - <i>That's exactly what you're saying.</i> 1763 01:21:51.702 --> 01:21:54.161 I'm not saying that. They are taken care of. 1764 01:21:54.205 --> 01:21:56.164 I have other arrangements with them. 1765 01:21:56.208 --> 01:21:57.790 <i>Something is not kosher here.</i> 1766 01:21:57.834 --> 01:21:59.541 - <i>Something.</i> - No, it's all kosher. 1767 01:21:59.585 --> 01:22:01.878 I think it's not kosher. I think it's total bullshit. 1768 01:22:01.922 --> 01:22:03.295 That's what I think. 1769 01:22:03.339 --> 01:22:05.005 It's hitting me the wrong way. 1770 01:22:05.049 --> 01:22:07.217 Something is wrong here. 1771 01:22:07.259 --> 01:22:10.594 I think you're full of shit, that's what I think. 1772 01:22:10.638 --> 01:22:12.388 I'm getting the hell out of here. 1773 01:22:17.687 --> 01:22:19.937 <font color="DeepSkyBlue">(MACHINE BEEPS, WHIRS)</font> 1774 01:22:24.151 --> 01:22:25.442 Is that guy in? 1775 01:22:26.696 --> 01:22:28.112 You're kidding me. 1776 01:22:29.741 --> 01:22:33.492 All right, well, uh, between Medici, Kingate, 1777 01:22:33.536 --> 01:22:35.536 ...and the fucking Spaniards, 1778 01:22:35.580 --> 01:22:39.249 ...that's minus 1.5 billion right there. 1779 01:22:39.291 --> 01:22:44.003 Thanks to Fairfield, we're down 980 in November... 1780 01:22:44.047 --> 01:22:48.924 ...and we're looking at at least minus 580 in December, Bern. 1781 01:22:48.968 --> 01:22:51.635 We write that fucking check, it's gonna bounce. 1782 01:22:51.679 --> 01:22:53.804 We got 300 million left. 1783 01:22:53.848 --> 01:22:55.389 What do you wanna do? 1784 01:22:55.433 --> 01:22:57.517 Hey, Carl, this is great news. 1785 01:22:57.561 --> 01:22:59.602 I just want you to know it's great news. 1786 01:22:59.646 --> 01:23:02.104 - <i>All right, take care.</i> - Okay, of course, of course. 1787 01:23:02.148 --> 01:23:03.690 - Great. Okay, talk soon. - <i>That's it.</i> 1788 01:23:03.733 --> 01:23:05.316 - Thank you. - <i>Okay.</i> 1789 01:23:05.360 --> 01:23:06.901 He's in for 250. 1790 01:23:06.945 --> 01:23:09.361 All right. That's not nothin'. 1791 01:23:09.406 --> 01:23:10.864 <i>No, but it's not enough.</i> 1792 01:23:10.906 --> 01:23:13.366 No, it's definitely not enough. 1793 01:23:13.410 --> 01:23:14.928 What about that schmuck from Palm Beach? 1794 01:23:14.952 --> 01:23:16.494 Oh, no, no, no, it was, like, 1795 01:23:16.537 --> 01:23:17.890 20 fucking questions with that guy. 1796 01:23:17.914 --> 01:23:19.621 He wanted to know why our controller... 1797 01:23:19.665 --> 01:23:21.458 ...was based in Bermuda. 1798 01:23:21.500 --> 01:23:24.126 Why our auditor was a one-man operation 1799 01:23:24.170 --> 01:23:26.504 ...working out of a strip mall in upstate New York. 1800 01:23:26.548 --> 01:23:28.673 It was a whole fucking thing with that guy. 1801 01:23:32.845 --> 01:23:34.845 <font color="Chocolate">ANDY:</font> <i>It's not an easy conversation.</i> 1802 01:23:34.889 --> 01:23:36.784 <font color="Chocolate">CATHERINE:</font> <i>I've already laid the groundwork for this.</i> 1803 01:23:36.808 --> 01:23:38.849 <i>You're hardly in the office anymore.</i> 1804 01:23:38.893 --> 01:23:41.018 I think what I say is that... 1805 01:23:41.062 --> 01:23:42.771 Andrew, sweetheart, 1806 01:23:42.813 --> 01:23:44.292 ...you don't have to sell him on a decision 1807 01:23:44.316 --> 01:23:45.982 ...that you're making for yourself. 1808 01:23:46.026 --> 01:23:48.651 - <i>This is about you.</i> - I know, I know. 1809 01:23:48.695 --> 01:23:51.028 It's just hard because I know he's gonna be disappointed. 1810 01:23:51.071 --> 01:23:53.239 Well, I'm not. 1811 01:23:53.282 --> 01:23:55.532 I am very proud of you. 1812 01:23:55.576 --> 01:23:58.076 <i>Thanks.</i> 1813 01:23:58.120 --> 01:24:00.537 <font color="Chocolate">ANDY'S:</font> <font color="DeepSkyBlue">(VOICE)</font> <i>Okay, I'll see you when I get home.</i> 1814 01:24:00.581 --> 01:24:02.040 <i>I love you.</i> 1815 01:24:03.293 --> 01:24:05.834 - Dad? <font color="DeepSkyBlue">(VACUUM HUMMING)</font> 1816 01:24:05.879 --> 01:24:07.336 You okay? What's wrong? 1817 01:24:07.379 --> 01:24:09.672 Oh, fucking back spasms. It's all seized up. 1818 01:24:09.715 --> 01:24:11.840 This is the only position that doesn't kill. 1819 01:24:11.884 --> 01:24:13.759 I'm sorry. Can I get you something? 1820 01:24:13.803 --> 01:24:15.594 I already took a bunch of pills. 1821 01:24:15.638 --> 01:24:17.931 - <i>What's up?</i> - Uh, nothing. 1822 01:24:17.973 --> 01:24:20.183 - We can talk later. - <i>Look, what do you need?</i> 1823 01:24:20.227 --> 01:24:21.392 No, forget it. 1824 01:24:21.436 --> 01:24:24.019 Well, fucking spit it out. 1825 01:24:24.063 --> 01:24:25.625 Well, I wanna talk to you about a few things. 1826 01:24:25.648 --> 01:24:28.191 <i>Then spit it out. Come on.</i> 1827 01:24:28.235 --> 01:24:32.570 Well... well, look...um 1828 01:24:32.614 --> 01:24:35.072 I'm thinking about taking office space somewhere else. 1829 01:24:37.117 --> 01:24:39.160 You're thinking about leaving the business? 1830 01:24:39.204 --> 01:24:41.745 I'm ready to strike out on my own. 1831 01:24:41.790 --> 01:24:45.458 And here I was worried about the business I handed you. 1832 01:24:45.501 --> 01:24:48.126 Look, I have professional goals of my own. 1833 01:24:48.170 --> 01:24:50.213 And I'd like to run my own company someday... 1834 01:24:50.257 --> 01:24:52.068 ...and it's obviously not happening here anytime soon. 1835 01:24:52.092 --> 01:24:53.967 <i>You're pretty fucking selfish, Andrew.</i> 1836 01:24:54.009 --> 01:24:55.802 You got some fucking nerve. 1837 01:24:55.845 --> 01:24:58.720 I've worked here forever and I'm still not a partner. 1838 01:24:58.764 --> 01:25:01.307 It's your name on the doors, as you love to say. 1839 01:25:01.351 --> 01:25:03.726 You obviously can't see how selfish you're being right now. 1840 01:25:03.769 --> 01:25:05.998 Let me ask you something, do you know what kind of offers 1841 01:25:06.022 --> 01:25:07.354 I've gotten to sell this firm? 1842 01:25:07.398 --> 01:25:09.065 - <i>Do you?</i> - No, I don't. 1843 01:25:09.108 --> 01:25:11.776 The last one was from Goldman for a billion dollars. 1844 01:25:11.820 --> 01:25:13.695 What? Why didn't you take it? 1845 01:25:13.737 --> 01:25:15.446 <i>Because I didn't wanna take it.</i> 1846 01:25:15.490 --> 01:25:17.093 <i>I need it like I need a fucking hole in the head.</i> 1847 01:25:17.116 --> 01:25:18.532 And the main reason I didn't take it 1848 01:25:18.576 --> 01:25:20.076 ...is because of you boys, that's why. 1849 01:25:20.120 --> 01:25:21.680 Because one day, I want this to be yours 1850 01:25:21.705 --> 01:25:23.245 ...with your name on the door. 1851 01:25:25.500 --> 01:25:27.791 <i>I mean, why else would you think I'd do it?</i> 1852 01:25:30.504 --> 01:25:31.629 <i>You're welcome.</i> 1853 01:25:34.384 --> 01:25:36.634 - You're welcome. - Yeah, I heard you. 1854 01:25:38.388 --> 01:25:40.345 <font color="DeepSkyBlue">(REPORTERS CLAMORING)</font> 1855 01:25:46.271 --> 01:25:48.646 <font color="Chocolate">REPORTER:</font> <i>Bernie, how far...does your wife know?</i> 1856 01:25:48.690 --> 01:25:51.816 <i>Bernie, does your wife know?</i> 1857 01:25:51.860 --> 01:25:53.379 <font color="Chocolate">REPORTER 2:</font> <i>People familiar with the case...</i> 1858 01:25:53.402 --> 01:25:55.445 <i>...tell CBS News federal investigators...</i> 1859 01:25:55.487 --> 01:25:57.362 <i>...are ripping apart 20 years of fraud...</i> 1860 01:25:57.406 --> 01:25:59.490 <i>...inside Madoff's firm,</i> 1861 01:25:59.534 --> 01:26:01.075 <i>...moving beyond Bernie,</i> 1862 01:26:01.119 --> 01:26:03.285 <i>...looking at sons Andrew and Mark...</i> 1863 01:26:03.330 --> 01:26:04.745 <i>...who directed trading activities,</i> 1864 01:26:04.789 --> 01:26:06.121 <i>...and brother Peter, the company's...</i> 1865 01:26:06.165 --> 01:26:07.790 <i>...chief compliance officer.</i> 1866 01:26:07.834 --> 01:26:10.418 <i>None have been charged with any wrongdoing.</i> 1867 01:26:10.461 --> 01:26:12.586 <i>So, now as Bernie Madoff prepares</i> 1868 01:26:12.630 --> 01:26:15.298 - <i>for what may be his last night of comfort in...</i> - Hey. 1869 01:26:15.342 --> 01:26:17.008 What is it? 1870 01:26:17.052 --> 01:26:19.052 I don't know, maybe it's a waste of time, 1871 01:26:19.094 --> 01:26:21.595 ...but I thought that I would try to write. 1872 01:26:21.639 --> 01:26:24.389 - Write what? <font color="DeepSkyBlue">(CHUCKLES)</font> 1873 01:26:24.433 --> 01:26:25.849 <i>I don't know, a book.</i> 1874 01:26:27.562 --> 01:26:30.228 Ah, it sounds stupid. 1875 01:26:30.272 --> 01:26:33.482 No, it doesn't sound stupid. 1876 01:26:33.526 --> 01:26:37.570 It may not be any good, but I...I, um... 1877 01:26:37.614 --> 01:26:39.821 ...this is just the opening. 1878 01:26:42.242 --> 01:26:43.576 <i>Do you wanna hear it?</i> 1879 01:26:43.620 --> 01:26:45.244 Yeah, I'd love to hear it. 1880 01:26:51.835 --> 01:26:54.586 "Up until December 10th, 2008," 1881 01:26:54.630 --> 01:26:56.589 "I spent the entirety of my life..." 1882 01:26:56.633 --> 01:26:59.217 "...in awe of my father." 1883 01:26:59.259 --> 01:27:01.177 "I judged every accomplishment," 1884 01:27:01.220 --> 01:27:04.304 "...every failure, professionally or personally," 1885 01:27:04.348 --> 01:27:05.723 "...against the life he lived." 1886 01:27:05.767 --> 01:27:07.558 <i>"His approval meant everything,"</i> 1887 01:27:07.602 --> 01:27:09.059 <i>"...maybe too much,"</i> 1888 01:27:09.103 --> 01:27:10.894 <i>"...and for as long as I can remember,"</i> 1889 01:27:10.938 --> 01:27:14.022 <i>"I worked as hard as I could to make him proud."</i> 1890 01:27:14.067 --> 01:27:16.067 <i>"And then one day,"</i> 1891 01:27:16.111 --> 01:27:19.070 <i>"I found out that my father was not the man I thought."</i> 1892 01:27:19.114 --> 01:27:22.949 "He was a criminal, a man I didn't respect." 1893 01:27:22.992 --> 01:27:25.410 "And yet this man, my father," 1894 01:27:25.452 --> 01:27:29.037 "...is the same man who taught me right from wrong," 1895 01:27:29.081 --> 01:27:31.665 "...taught me to be fair and decent and honest," 1896 01:27:31.709 --> 01:27:34.293 "...taught me about the importance of character," 1897 01:27:34.336 --> 01:27:37.379 "...what it means to be a husband," 1898 01:27:37.424 --> 01:27:41.425 <i>"...and, most importantly, how to be a father."</i> 1899 01:27:42.887 --> 01:27:46.597 <i>"I am the son of Bernie Madoff."</i> 1900 01:27:46.641 --> 01:27:49.976 "I used to think that I could never escape that." 1901 01:27:50.019 --> 01:27:52.061 "Now I'm certain I won't." 1902 01:27:53.732 --> 01:27:55.732 "Why is it so hard to believe..." 1903 01:27:55.775 --> 01:27:57.919 "...that those closest to him wouldn't see him as a criminal?" 1904 01:27:57.943 --> 01:28:00.236 "Why is it so hard to believe that his son..." 1905 01:28:00.280 --> 01:28:03.822 "...would think his father could do no wrong?" 1906 01:28:03.866 --> 01:28:07.242 <i>"When I look at my youngest son, Nick,"</i> 1907 01:28:07.286 --> 01:28:10.120 <i>"I fear the day when he's old enough to ask..."</i> 1908 01:28:10.165 --> 01:28:13.124 <i>"...what his grandfather was like."</i> 1909 01:28:13.168 --> 01:28:15.000 <i>"What kind of man was he?"</i> 1910 01:28:15.044 --> 01:28:19.172 "If I tell him he was evil," 1911 01:28:19.214 --> 01:28:22.799 "...how can I explain that I'm"... 1912 01:28:26.431 --> 01:28:28.138 <font color="DeepSkyBlue">(CRYING)</font> 1913 01:28:28.183 --> 01:28:29.432 "...that I"... 1914 01:28:36.357 --> 01:28:38.107 It's good, Mark. 1915 01:28:39.861 --> 01:28:41.861 <i>It's really good.</i> 1916 01:28:41.905 --> 01:28:43.653 Yeah, I...I don't know. 1917 01:28:50.746 --> 01:28:52.287 <font color="DeepSkyBlue">(HELICOPTER BLADES WHIRRING)</font> 1918 01:28:54.291 --> 01:28:56.166 <font color="Chocolate">CATHERINE:</font> <i>So, is it a plea deal?</i> 1919 01:28:56.210 --> 01:28:58.251 <font color="Chocolate">MARTIN:</font> <i>No. He's just pleading guilty.</i> 1920 01:28:58.295 --> 01:28:59.920 <font color="Chocolate">MARK:</font> <i>So, he's just gonna plead guilty...</i> 1921 01:28:59.964 --> 01:29:01.839 <i>...to all the charges and that's it?</i> 1922 01:29:01.883 --> 01:29:03.132 It looks that way. 1923 01:29:03.175 --> 01:29:05.093 - So there will be no trial? - No. 1924 01:29:05.135 --> 01:29:07.928 <font color="Chocolate">MARK:</font> <i>Have you read what they're saying about us?</i> 1925 01:29:07.972 --> 01:29:11.223 Every fucking day they're calling for our head... 1926 01:29:11.267 --> 01:29:13.683 <i>...every paper, every blog.</i> 1927 01:29:13.727 --> 01:29:15.247 <i>How are those people gonna know we're innocent</i> 1928 01:29:15.271 --> 01:29:16.978 <i>...if there's no trial? How?!</i> 1929 01:29:17.022 --> 01:29:19.315 - How? - The sooner he is locked up... 1930 01:29:19.358 --> 01:29:20.732 - Bullshit. - This will be over. 1931 01:29:20.776 --> 01:29:22.610 It's gonna fucking linger. 1932 01:29:22.653 --> 01:29:24.653 The questions, the suspicions, 1933 01:29:24.696 --> 01:29:26.822 ...the fucking paparazzi camped out... 1934 01:29:26.866 --> 01:29:28.741 Are they not charging him with conspiracy? 1935 01:29:28.785 --> 01:29:31.410 No, he won't plead guilty to conspiracy. 1936 01:29:31.454 --> 01:29:33.432 <font color="Chocolate">REPORTER:</font> <i>Mr. Madoff, are you going to plead guilty?</i> 1937 01:29:33.455 --> 01:29:35.705 <font color="Chocolate">MARK:</font> <i>They should charge him anyway and force a trial.</i> 1938 01:29:35.750 --> 01:29:37.916 <font color="Chocolate">ANDY:</font> <i>If they took Dad to trial, what would happen?</i> 1939 01:29:37.960 --> 01:29:39.584 <i>Just think about it, Mark.</i> 1940 01:29:39.629 --> 01:29:41.711 <i>You're talking about putting the richest...</i> 1941 01:29:41.755 --> 01:29:44.382 <i>...and most powerful people in the world up on that stand.</i> 1942 01:29:44.424 --> 01:29:47.802 You're talking about JP Morgan, 1943 01:29:47.845 --> 01:29:51.722 Chase, HSBC, Swiss Banks. 1944 01:29:51.766 --> 01:29:55.726 You're talking about the world's financial system on trial. 1945 01:29:55.769 --> 01:29:58.312 Now, I'm not a conspiracy theorist, 1946 01:29:58.356 --> 01:30:00.522 ...but trust me, that will never happen. 1947 01:30:00.567 --> 01:30:01.941 Ever. 1948 01:30:01.985 --> 01:30:03.860 So, no, 1949 01:30:03.902 --> 01:30:05.236 ...there won't be a trial. 1950 01:30:05.280 --> 01:30:07.362 The public won't know the truth. 1951 01:30:07.406 --> 01:30:10.282 And we'll be left to fend for ourselves. 1952 01:30:10.326 --> 01:30:12.742 <font color="Chocolate">STEPHANIE:</font> <i>I don't understand, Mark.</i> 1953 01:30:12.786 --> 01:30:14.829 <i>Do you want a trial?</i> 1954 01:30:14.873 --> 01:30:16.037 No. 1955 01:30:16.081 --> 01:30:18.665 Well, what do you want? 1956 01:30:18.709 --> 01:30:20.250 <font color="DeepSkyBlue">(SCOFFS)</font> 1957 01:30:20.294 --> 01:30:22.586 I want my life back. 1958 01:30:24.924 --> 01:30:26.757 <font color="DeepSkyBlue">(PHONE RINGING)</font> 1959 01:30:30.220 --> 01:30:32.074 <font color="Chocolate">STEPHANIE'S:</font> <font color="DeepSkyBlue">(VOICE)</font> <i>We're not here. Leave a message.</i> 1960 01:30:32.098 --> 01:30:34.389 <font color="DeepSkyBlue">(MACHINE BEEPS)</font> - Mom again. 1961 01:30:34.433 --> 01:30:37.727 <font color="Chocolate">RUTH:</font> <i>Hi, it's me again.</i> <font color="DeepSkyBlue">(SNIFFLES)</font> 1962 01:30:37.769 --> 01:30:39.812 Your mother. 1963 01:30:39.856 --> 01:30:43.816 I don't know why I'm calling. 1964 01:30:45.736 --> 01:30:48.862 <i>I feel like such a moron...</i> 1965 01:30:48.906 --> 01:30:50.947 <i>...leaving all these messages,</i> 1966 01:30:50.991 --> 01:30:52.782 <i>...begging you.</i> 1967 01:30:53.870 --> 01:30:55.160 <i>I don't know.</i> 1968 01:30:56.830 --> 01:30:58.539 I miss you. 1969 01:30:58.583 --> 01:31:01.166 I miss Stephanie, I miss Audrey. 1970 01:31:01.210 --> 01:31:02.709 <font color="DeepSkyBlue">(SIGHS)</font> 1971 01:31:02.754 --> 01:31:04.879 <i>I haven't even seen little Nick.</i> 1972 01:31:04.923 --> 01:31:08.257 <i>I haven't even seen my grandson.</i> 1973 01:31:08.300 --> 01:31:10.759 <i>What am I supposed to do, Mark?</i> 1974 01:31:10.803 --> 01:31:14.095 <font color="DeepSkyBlue">(SIGHS)</font> <i>I'm stuck.</i> 1975 01:31:14.139 --> 01:31:16.766 <i>I'm so sorry. I'm sorry for what he did.</i> 1976 01:31:16.808 --> 01:31:18.351 <i>I don't know what he was thinking.</i> 1977 01:31:18.393 --> 01:31:20.143 <i>I can't even fathom it.</i> 1978 01:31:20.187 --> 01:31:24.106 I just don't understand why you're so angry at me. 1979 01:31:24.150 --> 01:31:26.233 I know you want me to leave him, 1980 01:31:26.276 --> 01:31:28.193 ...but I can't just abandon him. 1981 01:31:28.237 --> 01:31:30.655 How am I supposed to just walk out... 1982 01:31:30.697 --> 01:31:32.656 ...of a 50-year marriage? 1983 01:31:32.700 --> 01:31:35.534 He's my lifetime. 1984 01:31:35.577 --> 01:31:38.912 He's my whole, entire memory. 1985 01:31:38.956 --> 01:31:42.875 <i>I don't know anything else.</i> 1986 01:31:42.919 --> 01:31:45.001 <i>I've never been on my own.</i> 1987 01:31:47.089 --> 01:31:49.965 I'm not as brave as you two. 1988 01:31:53.720 --> 01:31:55.345 Call me. 1989 01:31:58.017 --> 01:31:59.349 <font color="DeepSkyBlue">(MACHINE BEEPS)</font> 1990 01:32:01.853 --> 01:32:03.937 <font color="Chocolate">JUDGE:</font> <i>How do you now plead to count one...</i> 1991 01:32:03.982 --> 01:32:06.898 <i>...the charge of securities fraud,</i> 1992 01:32:06.942 --> 01:32:08.483 <i>...guilty or not guilty?</i> 1993 01:32:08.527 --> 01:32:09.943 Guilty. 1994 01:32:09.987 --> 01:32:12.153 <i>How do you plead to count two...</i> 1995 01:32:12.197 --> 01:32:15.324 <i>...the charge of investment advisory fraud,</i> 1996 01:32:15.367 --> 01:32:16.534 <i>...guilty or not guilty?</i> 1997 01:32:16.576 --> 01:32:18.952 Guilty. 1998 01:32:18.996 --> 01:32:21.037 <i>How do you now plead to count three...</i> 1999 01:32:21.081 --> 01:32:22.915 <i>...the charge of mail fraud?</i> 2000 01:32:22.959 --> 01:32:24.416 <i>...guilty or not guilty?</i> 2001 01:32:24.459 --> 01:32:26.419 Guilty. 2002 01:32:26.461 --> 01:32:29.213 - <i>How do you now plead to count four?</i> - Guilty. 2003 01:32:29.257 --> 01:32:32.383 - <i>How do you now plead to count five?</i> - Guilty. 2004 01:32:32.427 --> 01:32:35.553 - <i>How do you now plead to count six?</i> - Guilty. 2005 01:32:35.595 --> 01:32:38.681 - <i>How do you now plead to count seven?</i> - Guilty. 2006 01:32:38.724 --> 01:32:41.558 - <i>How do you now plead to count eight?</i> - Guilty. 2007 01:32:41.602 --> 01:32:44.437 - <i>How do you now plead to count nine?</i> - Guilty. 2008 01:32:44.479 --> 01:32:46.187 <font color="DeepSkyBlue">(JUDGE'S VOICE FADES)</font> 2009 01:32:46.232 --> 01:32:47.690 Guilty. 2010 01:32:49.568 --> 01:32:50.942 Guilty. 2011 01:32:53.531 --> 01:32:56.449 As Mr. Madoff has pled guilty, 2012 01:32:56.491 --> 01:33:00.201 ...he is no longer entitled to the presumption of innocence. 2013 01:33:00.245 --> 01:33:03.621 In light of his age, he has incentive to flee. 2014 01:33:03.665 --> 01:33:05.958 <i>He has the means to flee...</i> 2015 01:33:06.001 --> 01:33:08.001 <i>...and thus, bail is revoked</i> 2016 01:33:08.045 --> 01:33:10.588 ...and the defendant is remanded. 2017 01:33:10.630 --> 01:33:12.964 Your Honor, would Your Honor consider, respectfully, 2018 01:33:13.009 --> 01:33:14.278 ...a stay so that we might appeal... 2019 01:33:14.302 --> 01:33:16.677 <i>Your request for a stay is denied.</i> 2020 01:33:16.720 --> 01:33:19.347 <i>Mr. Madoff, I will see you at sentencing.</i> 2021 01:33:19.389 --> 01:33:21.307 - Sorry, Bernie. - <i>We are adjourned.</i> 2022 01:33:21.351 --> 01:33:22.808 <font color="DeepSkyBlue">(GAVEL BANGS)</font> 2023 01:33:24.896 --> 01:33:26.519 <font color="Chocolate">MAN:</font> <i>If you are visiting an inmate...</i> 2024 01:33:26.563 --> 01:33:27.854 <i>...in the maximum security wing,</i> 2025 01:33:27.898 --> 01:33:30.775 ...form a single-file line to your right. 2026 01:33:51.422 --> 01:33:53.339 Stop here. 2027 01:33:53.383 --> 01:33:54.964 Keys. 2028 01:33:57.969 --> 01:33:59.678 <font color="DeepSkyBlue">(HANDCUFFS CLINK)</font> 2029 01:34:03.017 --> 01:34:04.474 Turn around. 2030 01:34:05.852 --> 01:34:07.143 Open your legs. 2031 01:34:11.108 --> 01:34:13.629 <font color="Chocolate">BERNIE'S:</font> <font color="DeepSkyBlue">(VOICE)</font> <i>In the cell next to me, they got this terrorist.</i> 2032 01:34:13.652 --> 01:34:15.253 <i>Some sheikh. I can't remember his name.</i> 2033 01:34:15.278 --> 01:34:18.321 <i>But that's my neighbor. Go figure.</i> 2034 01:34:18.366 --> 01:34:19.865 <font color="Chocolate">RUTH'S:</font> <font color="DeepSkyBlue">(VOICE)</font> <i>I don't understand...</i> 2035 01:34:19.909 --> 01:34:22.410 <i>...why they put you in maximum security.</i> 2036 01:34:22.452 --> 01:34:24.327 <font color="DeepSkyBlue">(DOOR SLAMS)</font> 2037 01:34:26.415 --> 01:34:28.874 Did you finish packing up the apartment? 2038 01:34:28.918 --> 01:34:30.750 <i>There's not much left to pack.</i> 2039 01:34:30.794 --> 01:34:32.836 <i>They're taking everything.</i> 2040 01:34:32.879 --> 01:34:34.588 They even said to me, 2041 01:34:34.632 --> 01:34:36.552 "We're gonna need your underwear and nightgowns." 2042 01:34:36.592 --> 01:34:39.552 - Who said that? - US Marshals. 2043 01:34:39.594 --> 01:34:41.262 What would they want your underwear for? 2044 01:34:41.304 --> 01:34:43.681 They're gonna sell it. They're gonna auction it off. 2045 01:34:44.892 --> 01:34:46.267 It's unbelievable. 2046 01:34:46.309 --> 01:34:48.102 Nothing is off-limits to these people. 2047 01:34:48.146 --> 01:34:49.562 <i>I don't even like to think about it.</i> 2048 01:34:49.604 --> 01:34:52.522 It's so spooky. 2049 01:34:52.567 --> 01:34:55.151 <i>Have you spoken to the boys?</i> 2050 01:34:55.193 --> 01:34:57.695 No one speaks to me... 2051 01:34:57.737 --> 01:35:01.115 ...except my sister. 2052 01:35:01.159 --> 01:35:04.451 Joan even offered to let me come stay with her in Boca. 2053 01:35:04.495 --> 01:35:06.661 - Well, she's your sister. - Yeah, I know, 2054 01:35:06.705 --> 01:35:10.875 ...but considering she and Bob lost everything they had... 2055 01:35:10.918 --> 01:35:13.544 It was all with you. 2056 01:35:13.588 --> 01:35:16.045 I mean, it meant a lot to me. 2057 01:35:16.089 --> 01:35:18.507 Yeah, that was unfortunate. 2058 01:35:18.550 --> 01:35:20.634 That's why I was hoping to have those few extra days... 2059 01:35:20.678 --> 01:35:22.260 ...to make sure everyone was taken care of. 2060 01:35:24.014 --> 01:35:27.933 I just feel like such a total putz. 2061 01:35:27.977 --> 01:35:31.937 I... I mean, when you don't know what's going on, 2062 01:35:31.981 --> 01:35:33.897 <i>...you don't even know what to say.</i> 2063 01:35:33.941 --> 01:35:38.067 I mean, how am I supposed to explain the Cohmad withdrawals? 2064 01:35:38.111 --> 01:35:39.736 You asked me to transfer money... 2065 01:35:39.780 --> 01:35:41.155 ...from one account to another. 2066 01:35:41.199 --> 01:35:43.656 I do it and a few hours later, 2067 01:35:43.701 --> 01:35:46.701 ...you tell me it's all a Ponzi scheme. 2068 01:35:46.745 --> 01:35:48.704 <i>All these questions...</i> 2069 01:35:48.748 --> 01:35:52.583 <i>...and I don't have any answers, Bernie.</i> 2070 01:35:52.626 --> 01:35:54.125 Even if you had told me, 2071 01:35:54.169 --> 01:35:57.588 I'm not sure I would've turned you in. 2072 01:35:59.258 --> 01:36:01.759 I don't know what that says about me. 2073 01:36:03.513 --> 01:36:05.888 That's the tragedy of it. 2074 01:36:08.392 --> 01:36:11.101 <font color="Chocolate">REPORTER:</font> <i>Mr. Madoff, are you scared you're gonna lose your home?</i> 2075 01:36:11.144 --> 01:36:13.646 <i>Mr. Madoff, what do you have to say to all of the people...</i> 2076 01:36:13.688 --> 01:36:15.792 - Please go away. <font color="Chocolate">STEPHANIE:</font> <i>What the hell is wrong with you?!</i> 2077 01:36:15.816 --> 01:36:18.776 - Please leave us alone. <font color="Chocolate">STEPHANIE:</font> <i>Can you put the camera down?</i> 2078 01:36:18.818 --> 01:36:20.361 Do you feel guilty? 2079 01:36:20.403 --> 01:36:21.924 - Do you feel remorseful? <font color="DeepSkyBlue">(DOG BARKS)</font> 2080 01:36:21.947 --> 01:36:23.656 <i>You feeling like you're scared?</i> 2081 01:36:23.699 --> 01:36:25.824 Do you feel any responsibility? 2082 01:36:25.867 --> 01:36:27.159 What the hell is wrong with you?! 2083 01:36:27.202 --> 01:36:28.619 What kind of person chases a family? 2084 01:36:28.662 --> 01:36:30.870 You don't have any right to touch my personal... 2085 01:36:30.915 --> 01:36:33.185 - <i>I could sue you for shoving me.</i> - Oh, fuck you! Get in line. 2086 01:36:33.209 --> 01:36:35.750 <i>Do you enjoy this? Do you enjoy...</i> 2087 01:36:40.132 --> 01:36:41.924 <font color="Chocolate">STEPHANIE:</font> <i>I don't get it, Mark.</i> 2088 01:36:41.968 --> 01:36:44.509 - I don't get it. - What's there to get? 2089 01:36:44.553 --> 01:36:47.679 Your first instinct was to abandon us. I don't get that. 2090 01:36:47.723 --> 01:36:49.576 - I was waiting for you here... - <i>You left his stroller...</i> 2091 01:36:49.599 --> 01:36:51.267 <i>...in the middle of the street, Mark.</i> 2092 01:36:51.309 --> 01:36:52.620 - It was on the sidewalk. - <i>It doesn't matter.</i> 2093 01:36:52.644 --> 01:36:53.914 You just left me to deal with everything. 2094 01:36:53.937 --> 01:36:55.249 Do you understand how unfair that is? 2095 01:36:55.272 --> 01:36:57.106 This is about me. They want me. 2096 01:36:57.148 --> 01:36:59.482 - This isn't about you. - No, this is about all of us. 2097 01:36:59.526 --> 01:37:02.193 I...I am sick and tired of you acting like it's not. 2098 01:37:02.237 --> 01:37:05.155 - <i>You know...</i> - So what do you want, Steph? You want a divorce? 2099 01:37:07.660 --> 01:37:09.826 Just some acknowledgement. 2100 01:37:09.870 --> 01:37:11.536 <font color="DeepSkyBlue">(BUTTON CLICKS)</font> 2101 01:37:20.798 --> 01:37:24.215 <font color="Chocolate">REPORTER:</font> <font color="DeepSkyBlue">(ON TV)</font> <i>Financial swindler Bernie Madoff is awaiting sentencing</i> 2102 01:37:24.259 --> 01:37:28.094 <i>...at the Manhattan Correctional Facility as investigators dig in...</i> 2103 01:37:28.138 --> 01:37:30.054 <i>...to see if those who were closest to Madoff...</i> 2104 01:37:30.098 --> 01:37:32.016 Great. This is unbelievable. 2105 01:37:32.058 --> 01:37:35.268 <i>What has been called the largest Ponzi scheme ever.</i> 2106 01:37:35.312 --> 01:37:37.791 <font color="Chocolate">REPORTER 2:</font> <i>As we know, Bernie Madoff has continued to maintain</i> 2107 01:37:37.815 --> 01:37:41.025 <i>...that he and only he perpetuated this crime.</i> 2108 01:37:41.067 --> 01:37:43.861 <i>But it's clear the money trail is not real.</i> 2109 01:37:43.903 --> 01:37:46.030 <font color="Chocolate">CATHERINE:</font> <i>Every day, Mark sends you articles,</i> 2110 01:37:46.072 --> 01:37:48.531 <i>...things he's read, things that pissed him off.</i> 2111 01:37:48.576 --> 01:37:50.826 It's not fair. 2112 01:37:50.870 --> 01:37:54.079 It's not fair to you and it's not fair to me. 2113 01:37:54.123 --> 01:37:56.498 I agree. He's stuck. 2114 01:37:56.541 --> 01:37:59.709 <i>He keeps going in circles reading blog after blog.</i> 2115 01:37:59.754 --> 01:38:00.960 <i>It's unhealthy.</i> 2116 01:38:01.004 --> 01:38:03.088 But what do you want me to do, Catherine? 2117 01:38:04.592 --> 01:38:06.924 Create a little distance. 2118 01:38:06.968 --> 01:38:10.512 Well, that'd be easier if he wasn't the only family member I have left. 2119 01:38:13.433 --> 01:38:16.017 <font color="DeepSkyBlue">(DOOR CLOSES)</font> 2120 01:38:16.062 --> 01:38:18.646 <font color="Chocolate">REPORTER:</font> <i>Mark and Andrew Madoff's attorneys...</i> 2121 01:38:18.688 --> 01:38:20.981 <i>...say they are guilty of no crimes,</i> 2122 01:38:21.025 --> 01:38:23.858 <i>...but authorities and victims are having trouble swallowing...</i> 2123 01:38:33.120 --> 01:38:35.329 Andrew fucking Madoff. 2124 01:38:35.373 --> 01:38:37.121 How have you been, Reed? 2125 01:38:37.165 --> 01:38:39.625 Well, after your father fucked us all over, 2126 01:38:39.669 --> 01:38:42.126 ...things have been fucking fantastic. 2127 01:38:42.170 --> 01:38:43.836 Yeah, lots of job interviews. 2128 01:38:43.880 --> 01:38:45.839 No one willing to hire me, of course. 2129 01:38:45.883 --> 01:38:49.050 Working at BLM for seven years, I guess I'm tainted. 2130 01:38:49.094 --> 01:38:51.344 Well, I know it's been tough on all of us, 2131 01:38:51.388 --> 01:38:52.679 ...but you're a solid trader. 2132 01:38:52.723 --> 01:38:54.556 You'll find a job in no time. 2133 01:38:54.599 --> 01:38:56.433 Yeah, I get a lot of questions. 2134 01:38:56.477 --> 01:38:58.434 Yeah, especially about you, you and Mark. 2135 01:38:58.478 --> 01:38:59.812 "So the sons knew, right?" 2136 01:38:59.854 --> 01:39:01.500 "They were in on it. They had to be, right?" 2137 01:39:01.523 --> 01:39:04.107 Reed, when I found out, it was like my head exploded. 2138 01:39:04.151 --> 01:39:06.026 - I just... - Shh, you hear that? 2139 01:39:06.070 --> 01:39:08.445 - What? - It's the world's tiniest violin... 2140 01:39:08.489 --> 01:39:10.697 ...playing the world's saddest fucking song. 2141 01:39:10.741 --> 01:39:12.324 I understand you're upset... 2142 01:39:12.367 --> 01:39:14.410 Yeah, well, how about making it right? 2143 01:39:14.452 --> 01:39:16.829 <i>'Cause I was looking at a $450,000 bonus.</i> 2144 01:39:16.871 --> 01:39:19.039 A lot of traders were owed bonuses, Reed. 2145 01:39:19.083 --> 01:39:21.583 You weren't the only one. We all got screwed. 2146 01:39:21.626 --> 01:39:23.419 I thought you were all about family. 2147 01:39:23.461 --> 01:39:26.170 Well, what the fuck am I? Am I not family, Andy? 2148 01:39:26.214 --> 01:39:27.630 Come on, where's the fucking money? 2149 01:39:27.674 --> 01:39:28.882 What'd you do with the money? 2150 01:39:28.925 --> 01:39:30.925 We all know you stole it. 2151 01:39:30.969 --> 01:39:32.196 Of course you took it. You're a criminal! 2152 01:39:32.220 --> 01:39:33.720 I got fucked over, too! 2153 01:39:33.763 --> 01:39:36.264 By my own father! My own father fucked me over! 2154 01:39:36.308 --> 01:39:38.976 Yeah, is that your whore? I see you, whore! 2155 01:39:39.018 --> 01:39:40.686 - Hey! You... - Hey! 2156 01:39:40.729 --> 01:39:42.353 - Hey! <font color="DeepSkyBlue">(BOTH GRUNTING)</font> 2157 01:39:42.397 --> 01:39:45.816 Stop it! Andy, get in the car. 2158 01:39:45.860 --> 01:39:48.485 Hey! Jesus, get in the car. 2159 01:39:48.528 --> 01:39:50.320 Jesus. 2160 01:39:50.364 --> 01:39:52.614 <font color="DeepSkyBlue">(ENGINE STARTS)</font> 2161 01:39:52.657 --> 01:39:55.534 - Asshole. Hey! - Here's your fucking latke, 2162 01:39:55.577 --> 01:39:57.995 - ...knish or whatever, you fuck. - Hey! 2163 01:39:59.165 --> 01:40:00.789 Fuck you! 2164 01:40:00.833 --> 01:40:02.633 - I know you're in on it! <font color="DeepSkyBlue">(GEARS SCREECH)</font> 2165 01:40:02.668 --> 01:40:05.334 Ugh. <font color="DeepSkyBlue">(EXHALES)</font> 2166 01:40:05.379 --> 01:40:07.336 <font color="DeepSkyBlue">(TICKING)</font> 2167 01:40:11.218 --> 01:40:14.218 <font color="Chocolate">MORLEY SAFER:</font> <i>The question is where did all the money go?</i> 2168 01:40:14.263 --> 01:40:17.347 Irving Picard, the court-appointed trustee, 2169 01:40:17.391 --> 01:40:18.973 ...the liquidator, 2170 01:40:19.017 --> 01:40:21.517 ...is searching for the billions that disappeared... 2171 01:40:21.562 --> 01:40:24.271 <i>...and trying to recover as much as possible...</i> 2172 01:40:24.315 --> 01:40:26.440 <i>...from Madoff's remaining assets.</i> 2173 01:40:26.483 --> 01:40:28.567 Of all the people that should've known, 2174 01:40:28.611 --> 01:40:30.611 ...his brother and his sons, 2175 01:40:30.653 --> 01:40:32.737 ...who worked under the same roof with him, 2176 01:40:32.781 --> 01:40:34.531 <i>...should've known.</i> 2177 01:40:34.575 --> 01:40:37.034 - One would think so, yes. <font color="Chocolate">MORLEY:</font> <i>Did they know?</i> 2178 01:40:37.076 --> 01:40:39.495 <font color="Chocolate">DAVID SHEEHAN:</font> <i>My belief is, yes, they knew.</i> 2179 01:40:39.537 --> 01:40:44.665 Clearly, they would have to have known what was going on 2180 01:40:44.709 --> 01:40:47.960 - <i>given their own personal transactions...</i> <font color="Chocolate">MARK:</font> Oh, we should've known? 2181 01:40:48.004 --> 01:40:50.004 We worked for market making. 2182 01:40:50.049 --> 01:40:52.965 He worked for IA. 2183 01:40:53.009 --> 01:40:55.363 - How would we have known? <font color="Chocolate">MORLEY:</font> <i>If they turn out to be untouchable,</i> 2184 01:40:55.387 --> 01:40:59.223 <i>...criminally, do you intend to bankrupt them civilly?</i> 2185 01:40:59.266 --> 01:41:01.349 <font color="Chocolate">IRVING:</font> <i>Whether or not they have a criminal problem,</i> 2186 01:41:01.392 --> 01:41:04.812 <i>...we will pursue them as far as we can pursue them.</i> 2187 01:41:04.854 --> 01:41:07.147 And if that leads to bankrupting them, 2188 01:41:07.191 --> 01:41:09.607 ...then that's what will happen. 2189 01:41:09.651 --> 01:41:11.526 <font color="DeepSkyBlue">(WATCH TICKING)</font> 2190 01:41:15.324 --> 01:41:18.826 <font color="Chocolate">WOMAN:</font> <i>The man sitting in this courtroom robbed me.</i> 2191 01:41:18.869 --> 01:41:21.870 He discarded me like roadkill. 2192 01:41:21.914 --> 01:41:25.958 What can we possibly say good about Madoff... 2193 01:41:26.000 --> 01:41:29.169 ...when he sank so low... 2194 01:41:29.213 --> 01:41:32.297 ...as to steal from Elie Wiesel... 2195 01:41:32.340 --> 01:41:35.925 ...as if Wiesel hasn't already suffered enough in his lifetime. 2196 01:41:37.345 --> 01:41:39.972 My wife and I are not millionaires. 2197 01:41:40.014 --> 01:41:42.849 <i>We worked hard for all our lives...</i> 2198 01:41:42.892 --> 01:41:46.102 ...and he took our entire life savings. 2199 01:41:46.146 --> 01:41:49.940 Mr. Madoff not only defrauded thousands of investors, 2200 01:41:49.983 --> 01:41:53.818 ...he mastered the art of manipulating our government. 2201 01:41:53.862 --> 01:41:56.196 The money Madoff stole from my family... 2202 01:41:56.240 --> 01:41:59.491 ...had been set aside to take care of my brother... 2203 01:41:59.535 --> 01:42:02.410 ...because he's gonna need medical assistance for the rest of his life. 2204 01:42:02.454 --> 01:42:06.039 If he's attempting to protect his family, 2205 01:42:06.083 --> 01:42:08.333 ...he should not be given the opportunity... 2206 01:42:08.376 --> 01:42:10.878 <i>...because we, his victims,</i> 2207 01:42:10.920 --> 01:42:13.004 <i>...did not have the same opportunity...</i> 2208 01:42:13.048 --> 01:42:15.132 <i>...to protect our families.</i> 2209 01:42:15.174 --> 01:42:19.343 <font color="Chocolate">MAN:</font> <i>You have left your family with a legacy of shame.</i> 2210 01:42:19.388 --> 01:42:21.304 <i>You have a marriage made in hell,</i> 2211 01:42:21.348 --> 01:42:25.349 <i>...and that is where you are going to return.</i> 2212 01:42:25.393 --> 01:42:28.102 <font color="Chocolate">MAN 2:</font> <i>I only hope his prison sentence is long enough...</i> 2213 01:42:28.147 --> 01:42:30.731 <i>...that his jail cell becomes his coffin.</i> 2214 01:42:30.773 --> 01:42:33.817 <font color="Chocolate">MAN:</font> <i>May God spare you no mercy.</i> 2215 01:42:33.861 --> 01:42:35.401 <font color="Chocolate">BERNIE'S:</font> <font color="DeepSkyBlue">(VOICE)</font> <i>I am responsible...</i> 2216 01:42:35.446 --> 01:42:37.987 <i>...for a great deal of suffering and pain.</i> 2217 01:42:38.031 --> 01:42:40.197 <i>I understand that.</i> 2218 01:42:40.241 --> 01:42:42.241 <i>I live in a tormented state...</i> 2219 01:42:42.285 --> 01:42:44.201 <i>...now knowing of all the pain and suffering...</i> 2220 01:42:44.245 --> 01:42:46.079 <i>...that I have created.</i> 2221 01:42:46.123 --> 01:42:47.748 <i>That's something I will live with...</i> 2222 01:42:47.790 --> 01:42:49.374 <i>...for the rest of my life.</i> 2223 01:42:49.418 --> 01:42:52.169 People have accused me of being silent... 2224 01:42:52.211 --> 01:42:54.004 ...and not being sympathetic. 2225 01:42:54.048 --> 01:42:56.423 That is not true. 2226 01:42:56.467 --> 01:42:58.842 I apologize to my victims. 2227 01:43:01.388 --> 01:43:03.388 I will turn and face you. 2228 01:43:18.196 --> 01:43:19.696 I'm sorry. 2229 01:43:23.369 --> 01:43:25.494 I know that doesn't help. 2230 01:43:27.498 --> 01:43:29.498 Your Honor, 2231 01:43:29.540 --> 01:43:31.208 ...thank you for listening. 2232 01:43:33.336 --> 01:43:35.211 <font color="Chocolate">JUDGE:</font> <i>The message must be sent...</i> 2233 01:43:35.254 --> 01:43:36.964 <i>...that Mr. Madoff's crimes...</i> 2234 01:43:37.007 --> 01:43:39.049 <i>...were extraordinarily evil.</i> 2235 01:43:39.093 --> 01:43:42.678 <i>This kind of irresponsible manipulation of the system...</i> 2236 01:43:42.720 --> 01:43:45.597 <i>...takes a staggering human toll.</i> 2237 01:43:45.641 --> 01:43:48.683 Mr. Madoff will get what he deserves... 2238 01:43:48.727 --> 01:43:50.477 ...and will be punished... 2239 01:43:50.521 --> 01:43:54.313 ...according to his moral culpabilities. 2240 01:43:54.357 --> 01:43:57.608 <i>Mr. Madoff, please stand.</i> 2241 01:43:57.652 --> 01:43:59.652 <i>It is the judgment of this court...</i> 2242 01:43:59.696 --> 01:44:02.571 <i>...that the defendant, Bernard L. Madoff,</i> 2243 01:44:02.616 --> 01:44:05.366 ...shall be and hereby is sentenced... 2244 01:44:05.410 --> 01:44:08.620 <i>...to a term of imprisonment of 150 years.</i> 2245 01:44:08.664 --> 01:44:12.415 <font color="DeepSkyBlue">(PEOPLE CHEERING)</font> 2246 01:44:12.459 --> 01:44:14.459 <font color="DeepSkyBlue">(GAVEL BANGING)</font> 2247 01:44:17.548 --> 01:44:20.048 - What about our money, Bernie?! <font color="Chocolate">WOMAN:</font> <i>Yes!</i> 2248 01:44:20.092 --> 01:44:23.300 - Where's our money?! <font color="DeepSkyBlue">(GAVEL BANGS)</font> 2249 01:44:23.344 --> 01:44:25.012 As a technical matter, 2250 01:44:25.054 --> 01:44:27.556 ...the sentence must be expressed in months. 2251 01:44:27.598 --> 01:44:30.267 <i>150 years is equivalent...</i> 2252 01:44:30.309 --> 01:44:32.893 <i>...to 1,800 months.</i> 2253 01:44:32.937 --> 01:44:34.812 We are adjourned. 2254 01:44:43.656 --> 01:44:45.949 <font color="DeepSkyBlue">(HANDCUFFS CLICKING)</font> 2255 01:44:54.751 --> 01:44:57.355 <font color="Chocolate">REPORTER:</font> <i>We're standing outside of the Federal Correctional Complex...</i> 2256 01:44:57.379 --> 01:44:59.086 <i>...in Butner, North Carolina,</i> 2257 01:44:59.130 --> 01:45:01.839 <i>...where Bernie Madoff just arrived minutes ago.</i> 2258 01:45:01.884 --> 01:45:03.884 <i>We saw Mr. Madoff arrive on a bus...</i> 2259 01:45:03.927 --> 01:45:05.718 <i>...with a group of other inmates...</i> 2260 01:45:05.763 --> 01:45:09.306 <i>...where he will serve his 150-year prison sentence.</i> 2261 01:45:09.348 --> 01:45:11.974 <i>Officials have said he will be watched carefully...</i> 2262 01:45:12.018 --> 01:45:13.893 <i>...to ensure he is not a danger to himself...</i> 2263 01:45:13.937 --> 01:45:16.854 <i>...as he faces the long years ahead.</i> 2264 01:45:18.192 --> 01:45:20.107 <font color="DeepSkyBlue">(BIRDS CHIRPING)</font> 2265 01:45:37.835 --> 01:45:40.044 Hmm. 2266 01:45:40.089 --> 01:45:42.192 <font color="Chocolate">REPORTER 2:</font> <i>Visiting hours at the prison are very liberal,</i> 2267 01:45:42.215 --> 01:45:44.590 <i>...and people close to the Madoffs say his wife Ruth...</i> 2268 01:45:44.634 --> 01:45:47.803 <i>...may well move to North Carolina to be close to her husband.</i> 2269 01:45:47.845 --> 01:45:51.306 Oh, fuck you, you asshole. I'm in Florida. 2270 01:45:51.349 --> 01:45:52.766 Very much in love... 2271 01:45:52.809 --> 01:45:54.809 ...just like Bonnie was to Clyde, Charlie. 2272 01:45:54.852 --> 01:45:57.646 Bonnie robbed banks. Bonnie killed people. 2273 01:45:57.688 --> 01:45:59.940 - And I'm Bonnie? - <i>by going to our blog</i> 2274 01:45:59.982 --> 01:46:02.358 <i>"The World Newser" at abcnews.com.</i> 2275 01:46:02.401 --> 01:46:04.318 How am I Bonnie? 2276 01:46:04.362 --> 01:46:06.780 Bonnie was a killer. Bonnie killed people. 2277 01:46:06.824 --> 01:46:08.197 And I'm Bonnie? 2278 01:46:10.244 --> 01:46:13.120 <font color="DeepSkyBlue">(INSECTS CHIRPING)</font> 2279 01:46:13.162 --> 01:46:15.121 <font color="Chocolate">BERNIE:</font> <i>For 16 years, I kept this secret...</i> 2280 01:46:15.165 --> 01:46:17.124 <i>...from my wife, from my brother,</i> 2281 01:46:17.166 --> 01:46:18.583 <i>...my sons.</i> 2282 01:46:18.626 --> 01:46:19.959 How I was able to do that... 2283 01:46:20.003 --> 01:46:21.753 ...and maintain any degree of sanity, 2284 01:46:21.797 --> 01:46:23.922 ...well, that...that worries me when I think about it. 2285 01:46:23.965 --> 01:46:25.882 You already mentioned that. 2286 01:46:27.177 --> 01:46:28.321 <font color="DeepSkyBlue">(CLEARS THROAT)</font> Yeah, I did. 2287 01:46:28.344 --> 01:46:30.803 But while we're on the subject, 2288 01:46:30.848 --> 01:46:33.013 ...you say you wanted to protect your family. 2289 01:46:33.058 --> 01:46:34.849 <i>Right.</i> 2290 01:46:34.892 --> 01:46:36.684 But just an example, 2291 01:46:36.727 --> 01:46:38.269 <i>...what would have happened...</i> 2292 01:46:38.312 --> 01:46:41.940 <i>...if at some point before the crisis of '08,</i> 2293 01:46:41.983 --> 01:46:44.608 <i>...you'd been hit by a bus, you'd drop dead?</i> 2294 01:46:44.652 --> 01:46:47.278 Mark and Andrew would've become the owners... 2295 01:46:47.321 --> 01:46:50.574 ...of a firm that was still in the middle... 2296 01:46:50.616 --> 01:46:53.951 ...of perpetrating the biggest Ponzi scheme in history. 2297 01:46:53.995 --> 01:46:56.955 Except the advisory was a completely separate business, 2298 01:46:56.999 --> 01:46:59.499 ...one in which they had no involvement, so... 2299 01:46:59.543 --> 01:47:01.459 But with you dead... 2300 01:47:01.503 --> 01:47:03.169 ...and Frank probably willing... 2301 01:47:03.213 --> 01:47:05.463 ...to swear to anything to save himself, 2302 01:47:05.507 --> 01:47:07.464 <i>...seems to me the odds are...</i> 2303 01:47:07.509 --> 01:47:10.593 <i>...that as owners as lifelong executives,</i> 2304 01:47:10.637 --> 01:47:12.262 ...they'd have gone to jail. 2305 01:47:12.306 --> 01:47:14.638 Your sons would be sitting there where you are. 2306 01:47:14.683 --> 01:47:17.267 No, well, I protected them. 2307 01:47:17.311 --> 01:47:21.146 <i>You couldn't have protected them if you were dead, Bernie.</i> 2308 01:47:21.190 --> 01:47:23.231 <i>So who would've been held responsible?</i> 2309 01:47:23.275 --> 01:47:24.773 I would've been. 2310 01:47:24.817 --> 01:47:26.735 <i>They would've been, Bernie.</i> 2311 01:47:26.777 --> 01:47:30.030 <i>They would've been held responsible,</i> 2312 01:47:30.072 --> 01:47:33.450 ...which means one of two things is true. 2313 01:47:33.492 --> 01:47:36.160 Either they actually were guilty... 2314 01:47:36.205 --> 01:47:38.787 ...and accepted the risks... 2315 01:47:38.831 --> 01:47:42.625 <i>...or you were willing to let your sons go to jail...</i> 2316 01:47:42.669 --> 01:47:44.628 <i>...for the crime you committed.</i> 2317 01:47:46.130 --> 01:47:47.839 <i>Which is it, Bernie?</i> 2318 01:47:47.883 --> 01:47:50.549 I do like jousting with you. <font color="DeepSkyBlue">(CHUCKLES)</font> 2319 01:47:50.593 --> 01:47:52.302 I'm not jousting with you, Bernie. 2320 01:47:52.345 --> 01:47:54.470 - Yeah, well... - I'm not jousting with you. 2321 01:47:54.513 --> 01:47:57.641 It seems to me like... 2322 01:48:03.022 --> 01:48:06.148 ...like you're refusing... 2323 01:48:06.192 --> 01:48:10.195 ...to recognize that hazard... 2324 01:48:10.239 --> 01:48:12.571 ...you created for your family. 2325 01:48:12.616 --> 01:48:14.281 Not just the day you were arrested, 2326 01:48:14.326 --> 01:48:16.617 ...but the hazard that they lived under, 2327 01:48:16.661 --> 01:48:21.080 ...unknowing, for, well, however long... 2328 01:48:21.124 --> 01:48:22.915 ...you were operating this fraud. 2329 01:48:22.959 --> 01:48:26.169 Eventually, they would be exonerated. 2330 01:48:26.213 --> 01:48:28.316 - Period. - <i>How could you have been so certain of that,</i> 2331 01:48:28.339 --> 01:48:29.798 <i>...that you were willing to risk it?</i> 2332 01:48:29.840 --> 01:48:31.840 Because they were never involved, ever, 2333 01:48:31.884 --> 01:48:34.343 ...and there's no way it's ever gonna be proven otherwise. 2334 01:48:36.598 --> 01:48:38.431 So it doesn't matter. 2335 01:48:38.474 --> 01:48:40.119 It's a terrible thing that they're going through, 2336 01:48:40.142 --> 01:48:43.143 ...but they never would have been convicted... 2337 01:48:43.187 --> 01:48:44.771 ...because they couldn't be convicted. 2338 01:48:44.815 --> 01:48:47.482 Because they didn't do anything. 2339 01:48:47.526 --> 01:48:49.442 Neither did my wife. 2340 01:48:49.486 --> 01:48:53.530 Nothing. Zero. 2341 01:48:53.572 --> 01:48:56.866 - <i>But you know what you've done...</i> - I know what I've done. 2342 01:48:56.910 --> 01:48:59.660 - <i>Has shattered your family.</i> - I take full responsibility for that... 2343 01:48:59.705 --> 01:49:03.956 ...and it'll... it'll kill me for the rest of my life. 2344 01:49:04.000 --> 01:49:05.709 But... 2345 01:49:17.931 --> 01:49:22.224 <font color="Chocolate">DIANA'S:</font> <font color="DeepSkyBlue">(VOICE)</font> <i>Over the course of the summer and fall of 2009,</i> 2346 01:49:22.268 --> 01:49:25.644 <i>...the government auctioned off Madoff's property.</i> 2347 01:49:25.688 --> 01:49:27.897 <i>The beach house in Montauk...</i> 2348 01:49:27.941 --> 01:49:30.482 <i>$9 million.</i> 2349 01:49:30.526 --> 01:49:32.568 <i>The penthouse in Manhattan...</i> 2350 01:49:32.611 --> 01:49:33.902 <i>$8 million.</i> 2351 01:49:33.946 --> 01:49:35.780 <i>The Palm Beach house...</i> 2352 01:49:35.824 --> 01:49:39.200 <i>...available for $7.25 million.</i> 2353 01:49:39.244 --> 01:49:42.245 <i>The Mercedes-Benz station wagon, yachts and power boats,</i> 2354 01:49:42.289 --> 01:49:45.248 <i>Mets jacket, a hodgepodge of personal items...</i> 2355 01:49:47.501 --> 01:49:50.003 <font color="Chocolate">DIANA'S:</font> <font color="DeepSkyBlue">(VOICE)</font> <i>By the fall of 2009,</i> 2356 01:49:50.047 --> 01:49:52.088 <i>Picard had separately collected...</i> 2357 01:49:52.132 --> 01:49:54.174 <i>...roughly 1.5 billion...</i> 2358 01:49:54.217 --> 01:49:56.759 <i>...from the firm's brokerage and bank accounts,</i> 2359 01:49:56.803 --> 01:50:00.179 <i>...asset sales, and a few out-of-court settlements.</i> 2360 01:50:00.223 --> 01:50:02.598 We filed suit against Ruth Madoff... 2361 01:50:02.642 --> 01:50:03.974 ...for 44 million. 2362 01:50:04.018 --> 01:50:05.309 We have filed a clawback suit... 2363 01:50:05.353 --> 01:50:07.853 ...against Mark and Andrew Madoff... 2364 01:50:07.897 --> 01:50:11.941 ...for the return of $127.5 million. 2365 01:50:11.985 --> 01:50:14.611 <font color="DeepSkyBlue">(CHATTER)</font> <font color="DeepSkyBlue">(CAMERA SHUTTERS CLICKING)</font> 2366 01:50:16.322 --> 01:50:18.322 <font color="DeepSkyBlue">(KIDS CHATTERING)</font> 2367 01:50:18.366 --> 01:50:22.410 You can be in charge of the castle. 2368 01:50:22.454 --> 01:50:25.789 You can be in charge of the dresses. 2369 01:50:25.831 --> 01:50:29.334 - I get the dresses, right? - Isn't that wig hysterical? 2370 01:50:29.378 --> 01:50:31.669 <font color="DeepSkyBlue">(PHONE CHIMES)</font> - That's great. 2371 01:50:37.218 --> 01:50:39.427 Could you watch her for a minute? 2372 01:50:39.470 --> 01:50:41.888 <font color="DeepSkyBlue">(DOG WHIMPERS)</font> <font color="Chocolate">STEPHANIE:</font> <i>Mark, any time we try...</i> 2373 01:50:41.932 --> 01:50:43.473 <i>...to move on with our life,</i> 2374 01:50:43.517 --> 01:50:45.392 <i>Bernie just finds a way to drag us back down.</i> 2375 01:50:45.434 --> 01:50:47.227 - <i>I'm sick of it.</i> - I'm sorry. 2376 01:50:47.269 --> 01:50:49.499 I tell you, you get angry. I don't tell you, you get angry. 2377 01:50:49.522 --> 01:50:50.979 What am I supposed to do? 2378 01:50:51.023 --> 01:50:53.942 <i>I don't know. It's just...</i> 2379 01:50:53.985 --> 01:50:55.735 <i>Oh, what the fuck is wrong with this guy?</i> 2380 01:50:55.778 --> 01:50:57.403 <i>Suing our four-year-old daughter?</i> 2381 01:50:57.446 --> 01:50:59.739 - <i>It's insane.</i> - I know, I'm sorry. 2382 01:50:59.782 --> 01:51:01.366 I just...I hate that every time 2383 01:51:01.410 --> 01:51:04.869 I start to feel normal again, something bad happens. 2384 01:51:04.912 --> 01:51:07.914 <i>Have you checked your text messages?</i> 2385 01:51:07.958 --> 01:51:09.374 No. 2386 01:51:12.461 --> 01:51:14.003 <font color="DeepSkyBlue">(CHUCKLES)</font> 2387 01:51:14.047 --> 01:51:16.964 Oh, my God, he's so cute. 2388 01:51:17.008 --> 01:51:18.299 <font color="DeepSkyBlue">(BOTH CHUCKLE)</font> 2389 01:51:18.343 --> 01:51:19.717 I love you. 2390 01:51:19.760 --> 01:51:21.428 <i>I love you, too.</i> 2391 01:51:21.470 --> 01:51:23.388 <font color="DeepSkyBlue">(DISTANT SIREN WAILING)</font> - Bye. 2392 01:51:23.432 --> 01:51:24.848 <i>Bye.</i> 2393 01:51:28.562 --> 01:51:30.352 <font color="DeepSkyBlue">(BLINDS SNAPPING)</font> 2394 01:51:46.620 --> 01:51:48.329 <font color="Chocolate">MARK:</font> <i>Hey, Marty,</i> 2395 01:51:48.373 --> 01:51:50.456 <i>I sent you the article. Did you get it?</i> 2396 01:51:50.500 --> 01:51:53.084 <i>Anyway, please give me a call back.</i> 2397 01:51:53.128 --> 01:51:55.210 Hey, man, it's me. 2398 01:51:55.254 --> 01:51:57.254 What, are you away or something, 2399 01:51:57.299 --> 01:51:59.632 'cause I called you earlier today and you didn't answer. 2400 01:51:59.675 --> 01:52:02.259 I left a message for Marty and he's not there either. 2401 01:52:02.303 --> 01:52:03.803 Like, nobody ever seems to be around. 2402 01:52:03.847 --> 01:52:06.181 Everybody's out of town or something. 2403 01:52:08.392 --> 01:52:10.184 <i>I'm leaving you another message.</i> 2404 01:52:10.227 --> 01:52:12.061 <i>I know I keep leaving you messages, Andrew.</i> 2405 01:52:12.104 --> 01:52:15.231 I can't even reach Stephanie. I can't reach anybody! 2406 01:52:15.275 --> 01:52:16.900 I'm seriously gonna lose it. 2407 01:52:16.942 --> 01:52:17.942 I really am. 2408 01:52:20.821 --> 01:52:22.864 <i>I'm, like, trapped in here.</i> 2409 01:52:22.907 --> 01:52:24.406 Guess what. 2410 01:52:24.451 --> 01:52:26.451 It's me again. 2411 01:52:26.495 --> 01:52:28.013 <i>I don't know if you're away with Cath...</i> 2412 01:52:28.037 --> 01:52:29.329 <i>...are you away with Catherine?</i> 2413 01:52:29.371 --> 01:52:31.414 I mean, where are you guys, anyway? 2414 01:52:31.458 --> 01:52:33.415 Have you gone fishing? 2415 01:52:33.459 --> 01:52:35.354 It's just, like, ever since she's been in your life, 2416 01:52:35.378 --> 01:52:37.419 I can't fucking reach you anymore. 2417 01:52:37.464 --> 01:52:39.214 I can't ever talk to you. 2418 01:52:39.257 --> 01:52:41.633 You're just, like, always fucking on some holiday! 2419 01:52:44.678 --> 01:52:47.013 Okay, ahem, I just left you, like, 2420 01:52:47.057 --> 01:52:49.223 ...a 20-minute message and I got cut off. 2421 01:52:49.267 --> 01:52:51.392 Andy, Marty, 2422 01:52:51.436 --> 01:52:53.205 I don't even know who I'm leaving messages for. 2423 01:52:53.229 --> 01:52:55.396 I'm just leaving messages now, you know what I mean? 2424 01:52:55.440 --> 01:52:58.441 <font color="DeepSkyBlue">(YELLS)</font> 2425 01:52:58.485 --> 01:53:00.254 We're supposed to just sit around and, like, you know, 2426 01:53:00.277 --> 01:53:02.736 ...with our dicks in our hands, doing nothing? 2427 01:53:02.781 --> 01:53:04.489 You know, I've been at this for two years. 2428 01:53:04.532 --> 01:53:06.824 Two years. Two years! 2429 01:53:06.867 --> 01:53:09.660 <i>I can't keep going on this way! I have to make a statement.</i> 2430 01:53:09.704 --> 01:53:12.330 I gotta make a big statement! 2431 01:53:17.211 --> 01:53:19.629 <i>I can't go on like this.</i> 2432 01:53:26.679 --> 01:53:28.513 <font color="DeepSkyBlue">(BIRDS CHIRPING)</font> 2433 01:53:45.281 --> 01:53:47.365 <font color="DeepSkyBlue">(PHONE CHIMES)</font> 2434 01:54:06.385 --> 01:54:08.678 <font color="DeepSkyBlue">(LINE RINGING)</font> 2435 01:54:13.892 --> 01:54:15.705 <font color="Chocolate">STEPHANIE'S:</font> <font color="DeepSkyBlue">(VOICE)</font> <i>We're not here. Leave a message.</i> 2436 01:54:15.728 --> 01:54:17.061 <font color="DeepSkyBlue">(MACHINE BEEPS)</font> 2437 01:54:17.104 --> 01:54:18.896 Mark, are you there? 2438 01:54:20.025 --> 01:54:22.482 Mark, pick up. 2439 01:54:32.245 --> 01:54:33.848 <font color="Chocolate">WOMAN'S:</font> <font color="DeepSkyBlue">(VOICE)</font> <i>Your call has been forwarded...</i> 2440 01:54:33.871 --> 01:54:36.039 <i>...to an automatic voice message system.</i> 2441 01:54:36.081 --> 01:54:38.499 <i>At the tone, please record your message.</i> 2442 01:54:38.543 --> 01:54:40.043 <font color="DeepSkyBlue">(BEEPS)</font> 2443 01:54:40.085 --> 01:54:41.544 Mark, I just tried the house. 2444 01:54:41.588 --> 01:54:43.045 Uh...uh, call me. 2445 01:54:45.049 --> 01:54:47.008 <font color="DeepSkyBlue">(KNOCKING ON DOOR)</font> <font color="Chocolate">WOMAN:</font> <i>Come in.</i> 2446 01:54:47.052 --> 01:54:48.718 Mom. 2447 01:54:48.762 --> 01:54:50.135 <i>What's wrong?</i> 2448 01:54:50.179 --> 01:54:51.638 I just got these messages from Mark. 2449 01:54:51.681 --> 01:54:54.057 Uh, I tried calling the house, 2450 01:54:54.099 --> 01:54:56.224 ...but he's... he's not picking up. 2451 01:54:56.268 --> 01:54:58.186 <font color="DeepSkyBlue">(HORN HONKING)</font> 2452 01:54:58.228 --> 01:55:01.272 All right, yeah, I just...I just pulled up. 2453 01:55:01.316 --> 01:55:02.940 I'm going inside. 2454 01:55:02.983 --> 01:55:05.067 I'll call you back. All right. 2455 01:55:13.285 --> 01:55:15.035 <font color="DeepSkyBlue">(DOG BARKING)</font> 2456 01:55:16.080 --> 01:55:17.746 Mark? 2457 01:55:17.790 --> 01:55:19.248 <font color="DeepSkyBlue">(DOOR CLOSES)</font> 2458 01:55:19.291 --> 01:55:21.209 <font color="DeepSkyBlue">(BARKING CONTINUES)</font> 2459 01:55:34.933 --> 01:55:36.264 <font color="DeepSkyBlue">(GASPS)</font> 2460 01:56:10.927 --> 01:56:12.593 Hey! 2461 01:56:12.637 --> 01:56:13.928 Hey, Nicky. 2462 01:56:13.972 --> 01:56:16.556 What are you doing, huh? 2463 01:56:16.598 --> 01:56:18.266 Wanna come with Papa? <font color="DeepSkyBlue">(GRUNTS)</font> 2464 01:56:18.308 --> 01:56:20.892 We're gonna go outside. You wanna go outs... 2465 01:56:20.937 --> 01:56:22.812 <font color="DeepSkyBlue">(MARTY GRUNTS)</font> <font color="DeepSkyBlue">(NICK GIGGLES)</font> 2466 01:56:22.856 --> 01:56:24.479 <font color="DeepSkyBlue">(DOG BARKING)</font> 2467 01:56:25.775 --> 01:56:28.192 Okay, uh. Grouper! 2468 01:56:28.236 --> 01:56:30.111 Gotta get your blanky. 2469 01:56:31.406 --> 01:56:33.114 <i>Grouper, come back.</i> <font color="DeepSkyBlue">(GRUNTS)</font> 2470 01:56:33.157 --> 01:56:35.282 Hey, Nicky, with Papa we're gonna play peek-a-boo. 2471 01:56:35.326 --> 01:56:38.745 - Grouper, come! Grouper! <font color="DeepSkyBlue">(NICK BABBLES)</font> 2472 01:56:38.787 --> 01:56:41.600 - Grouper! Grouper, come! Come on, that's a good boy. <font color="DeepSkyBlue">(TOUCH TONES BEEPING)</font> 2473 01:56:41.624 --> 01:56:43.708 That's a good boy. Look at... 2474 01:56:43.751 --> 01:56:45.751 <font color="DeepSkyBlue">(LINE RINGING)</font> - Grouper, good. 2475 01:56:45.794 --> 01:56:47.503 We're just gonna go outside. 2476 01:56:47.547 --> 01:56:48.629 <font color="Chocolate">ANDY:</font> <i>Hello?</i> 2477 01:56:48.673 --> 01:56:51.674 <font color="Chocolate">MARTY:</font> <i>It's Marty.</i> 2478 01:56:51.718 --> 01:56:53.217 <i>Mark's dead.</i> 2479 01:56:53.260 --> 01:56:55.010 <font color="DeepSkyBlue">(ANDY GASPS)</font> <font color="Chocolate">PINKS:</font> <i>Stephanie!</i> 2480 01:56:55.053 --> 01:56:57.679 <font color="Chocolate">MARTY:</font> <i>He... he hung himself.</i> <font color="Chocolate">PINKS:</font> <i>He's dead.</i> 2481 01:56:57.723 --> 01:57:00.223 <font color="Chocolate">ANDY:</font> <i>Has anybody called my mother?</i> 2482 01:57:00.267 --> 01:57:02.184 <i>I have to call my mother.</i> 2483 01:57:03.271 --> 01:57:05.854 <font color="DeepSkyBlue">(PHONE CHIMING)</font> 2484 01:57:11.946 --> 01:57:14.489 Andy? 2485 01:57:14.531 --> 01:57:18.034 <font color="DeepSkyBlue">(EXHALES)</font> It's so good to hear your voice, sweetheart. 2486 01:57:21.039 --> 01:57:26.083 <font color="DeepSkyBlue">(SCREAMS, SOBS)</font> 2487 01:57:26.126 --> 01:57:28.084 <font color="DeepSkyBlue">(GLASS SHATTERS)</font> 2488 01:57:46.104 --> 01:57:47.938 <font color="Chocolate">MARTY:</font> <i>I wrote Bernie a letter...</i> 2489 01:57:47.982 --> 01:57:51.442 <i>...a week after Mark killed himself.</i> 2490 01:57:51.486 --> 01:57:53.318 <i>And I never sent it to him...</i> 2491 01:57:53.362 --> 01:57:55.278 <i>...because they monitor his mail...</i> 2492 01:57:55.322 --> 01:57:57.240 <i>...and I thought they would never, ever...</i> 2493 01:57:57.282 --> 01:57:59.534 <i>...give him a letter like this.</i> 2494 01:57:59.576 --> 01:58:01.180 <font color="Chocolate">JOY BEHAR:</font> <i>Well, here, you can say it on TV. He's probably watching.</i> 2495 01:58:01.204 --> 01:58:03.870 Well, what I wrote to him was, 2496 01:58:03.915 --> 01:58:06.624 "Bernie, while I will not..." 2497 01:58:06.668 --> 01:58:09.084 "...send you pictures of your grandchildren," 2498 01:58:09.128 --> 01:58:12.879 <i>"...there is one picture I do want you to see."</i> 2499 01:58:12.924 --> 01:58:16.259 <i>"That last picture of your son Mark."</i> 2500 01:58:16.302 --> 01:58:18.844 "You owe it to his widow," 2501 01:58:18.888 --> 01:58:22.223 "...his children, his brother, his mother." 2502 01:58:22.267 --> 01:58:26.352 <i>"So, here is what I wish for you, Bernie."</i> 2503 01:58:26.396 --> 01:58:28.854 <i>"Every time you sit down to eat,"</i> 2504 01:58:28.897 --> 01:58:32.232 <i>"...as you pick up your plastic fork,"</i> 2505 01:58:32.276 --> 01:58:35.443 <i>"I want you to see your son's corpse"</i> 2506 01:58:35.487 --> 01:58:39.031 <i>"...hanging from the rafter directly over your table"</i> 2507 01:58:39.075 --> 01:58:42.159 <i>"...right on front of you, Bernie,"</i> 2508 01:58:42.202 --> 01:58:46.371 <i>"...so at every meal, you see your son Mark..."</i> 2509 01:58:46.415 --> 01:58:48.915 <i>"...his white sweat socks are swaying..."</i> 2510 01:58:48.959 --> 01:58:51.669 <i>"...ever so gently at your eye level..."</i> 2511 01:58:51.713 --> 01:58:54.839 <i>"...immediately above your food dish."</i> 2512 01:58:54.883 --> 01:58:57.049 "And as you look up, Bernie," 2513 01:58:57.093 --> 01:58:59.384 "...you see..." 2514 01:58:59.428 --> 01:59:03.388 <i>"...you see your firstborn son hanging there,"</i> 2515 01:59:03.433 --> 01:59:06.767 <i>"...his head at a left leaning angle..."</i> 2516 01:59:06.811 --> 01:59:08.894 <i>"...looking down at you,"</i> 2517 01:59:08.937 --> 01:59:11.772 <i>"...asking how could you do that to your son..."</i> 2518 01:59:11.816 --> 01:59:14.400 <i>"...who up until two years before his death..."</i> 2519 01:59:14.443 --> 01:59:17.611 <i>"...had given you the greatest gift..."</i> 2520 01:59:17.655 --> 01:59:21.240 <i>"...his unconditional love for his father."</i> 2521 01:59:21.284 --> 01:59:23.576 <font color="Chocolate">JOY:</font> <i>Well, I hope he heard that.</i> 2522 01:59:23.620 --> 01:59:26.745 - <i>I hope he heard that.</i> <font color="Chocolate">MARTY:</font> <i>Well, he gets free television,</i> 2523 01:59:26.789 --> 01:59:28.371 <i>...so why shouldn't he hear it?</i> 2524 01:59:28.415 --> 01:59:30.833 <i>Why isn't he in a hole where he belongs?</i> 2525 01:59:30.876 --> 01:59:32.751 <font color="Chocolate">JOY:</font> <i>He says that he is happier in prison...</i> 2526 01:59:32.794 --> 01:59:34.461 - <i>...than he was before. - Free meals!</i> 2527 01:59:34.504 --> 01:59:36.297 - <i>He feels safe in prison. - His victims...</i> 2528 01:59:36.340 --> 01:59:38.799 <i>...are eating their dinner out of cat food cans.</i> 2529 01:59:38.843 --> 01:59:41.071 <font color="Chocolate">JOY:</font> <i>Then he says, "The average person thinks I robbed widows and orphans."</i> 2530 01:59:41.094 --> 01:59:43.888 <i>I made wealthy people wealthier. "That is not true." </i> 2531 01:59:43.932 --> 01:59:46.014 <font color="Chocolate">MARTY:</font> <i>Mark... he wrote a note.</i> 2532 01:59:46.058 --> 01:59:47.516 <i>The note said,</i> 2533 01:59:47.559 --> 01:59:49.936 <i>"Bernie, this is what happens..."</i> 2534 01:59:49.978 --> 01:59:52.271 <i>"...when you destroy your sons..."</i> 2535 01:59:52.315 --> 01:59:54.397 - <i>"...by your life of deceit."</i> <font color="Chocolate">JOY:</font> <i>Mm-hmm.</i> 2536 01:59:54.442 --> 01:59:56.317 - <i>"Fuck you, Bernie." - Mm-hmm.</i> 2537 01:59:56.361 --> 01:59:59.027 - <i>That was Mark's suicide note. - Right.</i> 2538 02:00:04.701 --> 02:00:07.535 <font color="Chocolate">RUTH:</font> <i>I can't keep coming here.</i> 2539 02:00:07.580 --> 02:00:09.621 <font color="DeepSkyBlue">(DOOR BUZZES)</font> 2540 02:00:09.665 --> 02:00:12.625 <i>I want a relationship with Andy...</i> 2541 02:00:12.669 --> 02:00:15.503 <i>...and he won't see me if I keep coming here.</i> 2542 02:00:15.545 --> 02:00:17.463 I can't have it both ways. 2543 02:00:17.507 --> 02:00:19.214 No, I understand. 2544 02:00:23.345 --> 02:00:26.304 And I can't talk to you anymore. 2545 02:00:26.348 --> 02:00:29.517 <i>You can't write to me or call me.</i> 2546 02:00:29.559 --> 02:00:31.434 <i>It'll be too hard.</i> 2547 02:00:31.478 --> 02:00:32.937 Ruth, all I want is what's best... 2548 02:00:32.981 --> 02:00:34.354 ...for you and for the boys. 2549 02:00:34.398 --> 02:00:36.232 Boy, Bernie. 2550 02:00:37.901 --> 02:00:39.360 Boy. 2551 02:00:40.946 --> 02:00:43.697 <font color="DeepSkyBlue">(SIGHS)</font> 2552 02:00:45.159 --> 02:00:47.576 You were my lifeguard. 2553 02:00:48.912 --> 02:00:52.248 I thought you were gonna protect me forever. 2554 02:00:53.918 --> 02:00:56.293 Best job I ever had. 2555 02:00:56.336 --> 02:00:58.586 I never had to save anybody. 2556 02:00:59.882 --> 02:01:01.882 I don't know if it will ever... 2557 02:01:01.925 --> 02:01:05.135 ...be any different than it feels now. 2558 02:01:05.178 --> 02:01:08.638 I don't think after losing a child... 2559 02:01:08.683 --> 02:01:12.434 ...things ever get better. 2560 02:01:13.854 --> 02:01:16.563 I don't see much of a future for me. 2561 02:01:19.067 --> 02:01:22.402 And I don't really care if I have one. 2562 02:01:23.781 --> 02:01:25.447 The future's hard. 2563 02:01:27.535 --> 02:01:31.036 Yeah, I was sorry to see that "People Magazine..." 2564 02:01:31.080 --> 02:01:34.581 ...used that photo of you and Mark when he was a boy. 2565 02:01:36.376 --> 02:01:39.294 I can never forgive you, Bernie. 2566 02:01:41.257 --> 02:01:43.424 And yet I'm not angry at you. 2567 02:01:43.468 --> 02:01:45.259 I don't know why. 2568 02:01:46.763 --> 02:01:48.763 It's a combination of feeling numb... 2569 02:01:48.806 --> 02:01:51.264 ...and it seeming fruitless. 2570 02:01:54.019 --> 02:01:56.562 I don't remember how much I got paid as a lifeguard, 2571 02:01:56.606 --> 02:01:59.272 ...but it was never about the money. 2572 02:02:05.197 --> 02:02:07.156 <font color="Chocolate">DIANA:</font> <i>In 2013,</i> 2573 02:02:07.200 --> 02:02:10.159 <i>I invited Andrew to speak at a writing seminar</i> 2574 02:02:10.202 --> 02:02:12.035 <i>I conducted at Princeton...</i> 2575 02:02:12.080 --> 02:02:15.498 <i>...under the general theme of writing about con artists.</i> 2576 02:02:16.959 --> 02:02:19.375 <i>Andy had just started chemotherapy...</i> 2577 02:02:19.419 --> 02:02:22.254 <i>...for the reoccurrence of lymphoma.</i> 2578 02:02:22.298 --> 02:02:25.508 <i>The topic I asked him to think about for the class...</i> 2579 02:02:25.550 --> 02:02:28.803 <i>...was how the media had covered his father's case...</i> 2580 02:02:28.845 --> 02:02:31.013 <i>...and how that affected his life.</i> 2581 02:02:32.474 --> 02:02:33.973 <font color="Chocolate">WOMAN:</font> <i>I've always wondered,</i> 2582 02:02:34.017 --> 02:02:36.184 ...why didn't you go on TV and state your case? 2583 02:02:36.228 --> 02:02:37.727 Why didn't you defend yourself? 2584 02:02:37.772 --> 02:02:39.854 Well, one of the reasons 2585 02:02:39.898 --> 02:02:42.691 I've always felt uncomfortable... 2586 02:02:42.735 --> 02:02:46.570 ...about the prospect of going on TV and telling my story... 2587 02:02:46.614 --> 02:02:49.365 ...is that I don't know if I'm that sympathetic a character. 2588 02:02:49.407 --> 02:02:51.951 <i>And at the end of the day,</i> 2589 02:02:51.994 --> 02:02:55.537 I lived a life of great wealth and privilege. 2590 02:02:55.580 --> 02:02:58.374 I traveled the world. 2591 02:02:58.416 --> 02:03:00.459 I wanted for nothing. 2592 02:03:00.503 --> 02:03:02.585 <i>All of that was subsidized...</i> 2593 02:03:02.629 --> 02:03:04.629 <i>...by my father's victims.</i> 2594 02:03:04.674 --> 02:03:09.468 It's hard to, um, tell our story... 2595 02:03:09.512 --> 02:03:12.929 Mark's, my mother's, myself... 2596 02:03:12.973 --> 02:03:17.142 ...when there are so many other stories. 2597 02:03:17.186 --> 02:03:19.436 <i>My brother killed himself.</i> 2598 02:03:19.479 --> 02:03:22.647 <i>My mother lost the only man she ever loved,</i> 2599 02:03:22.692 --> 02:03:24.692 <i>...turned out to be a complete fraud.</i> 2600 02:03:24.735 --> 02:03:29.196 But, you know, there were just three of us. 2601 02:03:29.240 --> 02:03:33.159 There are thousands of victims. 2602 02:03:33.201 --> 02:03:35.201 And, uh... 2603 02:03:38.331 --> 02:03:40.165 Any other questions? 2604 02:03:40.209 --> 02:03:41.666 <i>Yes.</i> 2605 02:03:41.710 --> 02:03:43.419 <font color="Chocolate">MAN:</font> <i>The father-son relationship...</i> 2606 02:03:43.461 --> 02:03:45.629 <i>...is such an important factor in anyone's life.</i> 2607 02:03:45.673 --> 02:03:48.110 <i>There must be some part of that relationship with your father...</i> 2608 02:03:48.134 --> 02:03:49.633 <i>...that still exists.</i> 2609 02:03:49.677 --> 02:03:51.593 <i>Even after all this,</i> 2610 02:03:51.637 --> 02:03:53.595 <i>...can you see some point where you could visit him...</i> 2611 02:03:53.638 --> 02:03:55.638 <i>...or talk to him again?</i> 2612 02:03:58.311 --> 02:04:00.393 My father is dead to me. 2613 02:04:04.525 --> 02:04:08.443 <font color="Chocolate">DIANA:</font> <i>On September 3rd, 2014,</i> 2614 02:04:08.486 --> 02:04:10.321 <i>...Andrew Madoff died...</i> 2615 02:04:10.364 --> 02:04:13.324 <i>...from mantle cell lymphoma.</i> 2616 02:04:13.366 --> 02:04:15.326 <font color="DeepSkyBlue">(CRICKETS CHIRPING)</font> 2617 02:04:15.369 --> 02:04:16.951 <font color="DeepSkyBlue">(RECEIVER CLICKS)</font> <font color="DeepSkyBlue">(DIAL TONE)</font> 2618 02:04:16.995 --> 02:04:18.579 <font color="DeepSkyBlue">(BUTTONS CLICKING)</font> 2619 02:04:22.500 --> 02:04:24.919 <font color="DeepSkyBlue">(LINE RINGING)</font> 2620 02:04:24.961 --> 02:04:27.504 <font color="DeepSkyBlue">(PHONE CHIMING)</font> 2621 02:04:33.553 --> 02:04:35.888 <font color="Chocolate">RUTH'S:</font> <font color="DeepSkyBlue">(VOICE)</font> <i>Hi, this is Ruth.</i> 2622 02:04:35.932 --> 02:04:38.264 <i>Leave a message after the tone.</i> 2623 02:04:38.308 --> 02:04:40.308 <font color="DeepSkyBlue">(BEEPS)</font> 2624 02:04:40.352 --> 02:04:42.311 Hi, Ruth, I just wanted to... 2625 02:04:42.354 --> 02:04:46.773 I know I, said I wouldn't call, but I just, um... 2626 02:04:46.817 --> 02:04:48.358 ...um, okay. 2627 02:04:53.199 --> 02:04:57.409 <font color="DeepSkyBlue">(DIAL TONE)</font> 2628 02:04:57.452 --> 02:05:01.496 <font color="DeepSkyBlue">(BEEPING)</font> 2629 02:05:01.540 --> 02:05:03.665 <font color="DeepSkyBlue">(LINE RINGING)</font> 2630 02:05:08.214 --> 02:05:10.339 <font color="DeepSkyBlue">(PHONE CHIMING)</font> 2631 02:05:19.767 --> 02:05:22.226 <font color="DeepSkyBlue">(LINE RINGING)</font> 2632 02:05:25.647 --> 02:05:28.941 <font color="DeepSkyBlue">(DOOR CLOSES)</font> <font color="DeepSkyBlue">(CHIMING CONTINUES)</font> 2633 02:05:28.985 --> 02:05:31.192 <font color="Chocolate">RUTH'S:</font> <font color="DeepSkyBlue">(VOICE)</font> <i>Hi, this is Ruth.</i> 2634 02:05:31.236 --> 02:05:33.361 <i>Leave a message after the tone.</i> 2635 02:05:33.406 --> 02:05:34.905 <font color="DeepSkyBlue">(BEEPS)</font> 2636 02:05:46.376 --> 02:05:47.709 <font color="DeepSkyBlue">(DIAL TONE)</font> 2637 02:05:51.299 --> 02:05:53.424 <font color="DeepSkyBlue">(LINE RINGING)</font> 2638 02:05:53.467 --> 02:05:55.425 <font color="Chocolate">WOMAN'S:</font> <font color="DeepSkyBlue">(VOICE)</font> <i>We're sorry.</i> 2639 02:05:55.468 --> 02:05:58.303 <i>You have reached a number that is no longer in service.</i> 2640 02:05:58.347 --> 02:06:01.598 <i>If you feel that you have reached this recording in error,</i> 2641 02:06:01.642 --> 02:06:03.392 <i>...please check the number and...</i> 2642 02:06:11.318 --> 02:06:13.110 <font color="DeepSkyBlue">(DOOR CLANGS)</font> 2643 02:06:21.077 --> 02:06:23.202 <font color="Chocolate">BERNIE:</font> <i>Hey, I was online today...</i> 2644 02:06:23.246 --> 02:06:25.205 <i>...and I'm reading some of the old coverage of me...</i> 2645 02:06:25.249 --> 02:06:28.000 <i>...and I came across this article.</i> 2646 02:06:28.044 --> 02:06:30.376 Frankly, it was just ridiculous. 2647 02:06:30.420 --> 02:06:32.504 What was the article? 2648 02:06:32.548 --> 02:06:35.465 The "New York Times" interviewed this guy, a forensic psychologist... 2649 02:06:35.509 --> 02:06:37.509 ...who worked on the Ted Bundy case. 2650 02:06:37.553 --> 02:06:39.053 And this guy, Joe Blow, 2651 02:06:39.079 --> 02:06:40.953 ...don't know from Adam, never seen in my whole entire life... 2652 02:06:40.977 --> 02:06:43.410 ...don't know from Adam, never seen in my whole entire life... 2653 02:06:43.433 --> 02:06:45.183 ...was going on and on about the similarities... 2654 02:06:45.227 --> 02:06:47.436 ...between Ted Bundy and myself. 2655 02:06:47.479 --> 02:06:51.982 Ah, I can see how that comparison would be troubling, but... 2656 02:06:52.026 --> 02:06:53.400 Well, there is no comparison. 2657 02:06:53.443 --> 02:06:55.276 I mean, how can you compare me to someone... 2658 02:06:55.321 --> 02:06:57.780 ...who decapitated women and kept their heads as mementos? 2659 02:06:57.822 --> 02:07:00.991 I mean, that's the behavior of a truly, truly evil human being. 2660 02:07:01.035 --> 02:07:06.537 I mean, what comparison is there, ever, possibly in that? 2661 02:07:06.581 --> 02:07:08.540 And yet the "New York Times," 2662 02:07:08.584 --> 02:07:09.875 ...the newspaper of record, 2663 02:07:09.919 --> 02:07:11.919 ...all the news that's fit to print... 2664 02:07:11.961 --> 02:07:14.879 ...never had anyone say this is a preposterous piece of writing, 2665 02:07:14.924 --> 02:07:16.464 ...especially for the business section. 2666 02:07:16.509 --> 02:07:19.634 Well, why do you think they made that comparison? 2667 02:07:19.678 --> 02:07:22.845 - You know, when I turned myself in... - Your sons turned you in. 2668 02:07:22.889 --> 02:07:24.473 No, no, but I turned myself in. 2669 02:07:24.517 --> 02:07:26.599 It was a matter of a few days, so I was gonna do it. 2670 02:07:26.643 --> 02:07:28.768 So anyway, when I turned myself in... 2671 02:07:28.812 --> 02:07:31.021 <font color="DeepSkyBlue">(SIGHS)</font> 2672 02:07:31.065 --> 02:07:33.251 ...it was the height of the whole anti-Wall Street hysteria... 2673 02:07:33.275 --> 02:07:35.003 ...and they needed a villain, they needed a face... 2674 02:07:35.026 --> 02:07:36.254 ...for the whole mess they created. 2675 02:07:36.277 --> 02:07:39.362 That face became me, so that's... 2676 02:07:39.406 --> 02:07:41.240 I don't know, I just... 2677 02:07:41.282 --> 02:07:43.575 I don't even wanna think about it. 2678 02:07:43.619 --> 02:07:45.619 Think about what? 2679 02:07:45.662 --> 02:07:47.579 Well, he killed people, innocent people. 2680 02:07:47.623 --> 02:07:50.415 And in my case, I told people, everyone, 2681 02:07:50.459 --> 02:07:52.104 "Don't put more than half your money with me." 2682 02:07:52.128 --> 02:07:53.626 "You never know. Who the hell knows?" 2683 02:07:53.670 --> 02:07:55.545 "I mean, one day, I could just go crazy." 2684 02:07:55.589 --> 02:07:57.964 But the reality is people are greedy. 2685 02:07:58.008 --> 02:08:02.260 Hmm, the reality is that not even your warning was true... 2686 02:08:02.303 --> 02:08:05.304 <i>...and you took their money anyway.</i> 2687 02:08:12.897 --> 02:08:15.148 Let me ask you a question. 2688 02:08:16.818 --> 02:08:19.152 Do you think I'm a sociopath? 2689 02:08:52.103 --> 02:08:54.062 <font color="DeepSkyBlue">(MUSIC PLAYING)</font>