X

Secretary Dishes About Madoff's 'Roving Eye'

Inside details paint picture of lewd Ponzi schemer
By Evann Gastaldo,  Newser Staff
Posted May 6, 2009 8:42 AM CDT
Secretary Dishes About Madoff's 'Roving Eye'
In this March 10, 2009 file photo, Bernard Madoff exits Manhattan federal court in New York.   (AP Photo/Louis Lanzano, File)

(Newser) – Bernie Madoff “was irresistible to women,” his longtime secretary says, and the confessed Ponzi schemer felt the same way about them, perusing escort ads and keeping “about a dozen phone numbers for his masseuses” in his address book. Eleanor Squillari reveals intimate details about her boss, including Madoff’s combative relationship with wife Ruth, what exactly happened on the 17th floor, and more, in Vanity Fair.

story continues below

How did Madoff get his misdeeds past staffers on the 17th floor, Ponzi scheme central? They were “low-level, clerical women, many of them working mothers, who probably made no more than $40,000 a year. They were young and naïve, with no background in finance, so they weren’t able to connect the dots,” Squillari writes, and their boss “watched them like a hawk.” (Read more Bernard L. Madoff Investment Securities stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
X
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.

X