• Too Good to Be True

  • The Rise and Fall of Bernie Madoff
  • By: Erin Arvedlund
  • Narrated by: Karen White
  • Length: 12 hrs and 57 mins
  • 4.1 out of 5 stars (53 ratings)

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Publisher's Summary

Erin Arvedlund, the financial reporter who questioned the amazing returns of Bernie Madoff's hedge funds way back in 2001, traces the life of the infamous swindler and addresses the tough questions surrounding the collapse of his Ponzi scheme.
©2009 Erin Arvedlund (P)2009 Tantor

What listeners say about Too Good to Be True

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  • Overall
    2 out of 5 stars

Doesn't add much more that a lot of details.

Arvedlund's book is a mostly boring financial account of the scandal, with little inside information into the why and how of the biggest ponzi scheme ever. Why not focus more on investigating the more interesting questions of why and when the scam started? It It seems like she is just trying to cash in on the Barron's article she wrote, which itself had little new information compared to the marhedge article that appeared before hers. Markopolis' account is much more interesting, containing a narrative that follows the timing of the event and his personal account of those events.

Her's is however, thoroughly researched and presumably the most through and detailed account.

5 people found this helpful

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    5 out of 5 stars
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    5 out of 5 stars
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    5 out of 5 stars

Great book could have been more how to book

Interesting. . Sad what a terrible thing to happen to all those people. Greed is really in all of us we just don't know how much.

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    5 out of 5 stars
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    5 out of 5 stars
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    5 out of 5 stars

Too Good To Be True

This was a comprehensive international study. I had no idea how Madoff’s network was world wide. It is hard to understand why the powers that be, who had several high level individuals who had warned the FCC. It is a tragedy for all who lost everything. I have read countless comments that those who invested with Madoff did it because of greed. These extremely wealthy investors have to do something with their vast wealth, and Madoff had an amazing reputation.

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    2 out of 5 stars
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    2 out of 5 stars

Dry and Unorganized

comes off like a book report. all the facts are there but there is no insight. the story is not told in any comprehendible fashion. The author jumps around chronologically and with the subject matter in each chapter and within the chapters. Seems like she rushed to get this book out and this would be really a first edit with probably another 6 months of work needed on the book. But hey who am I? I've never written a book. These are just my opinions.