madoff wife son will never forgive him
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Madoff wife, son: will never forgive him

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Madoff wife, son: will never forgive him

Washington - AFP

The wife and son of disgraced Wall Street financier Bernard Madoff said they would never forgive him for committing a massive fraud which led a second son to commit suicide. Ruth and Andrew Madoff told CBS\'s \"60 Minutes\" program that Mark Madoff slowly fell apart before hanging himself in shame exactly two years after his conman father was arrested for running a giant Ponzi scheme. \"I just wish, until my dying day, that I had done what he wanted,\" Ruth Madoff said, referring to her dead son\'s demands that she cut herself adrift from the fraudster, and admitting personal blame for the suicide. \"I don\'t know if it would have made a difference or not, but if I could change things, at least if I had tried, I would have felt a little better,\" she said. \"It\'s the most awful thing that could happen to anybody. Suicide of a child,\" she added. For decades, Madoff ran a fake trading firm where he stole from fresh deposits to create fake profits for existing clients, providing high and steady returns that seemingly made him one of the industry\'s top performers. He once claimed to have grown investors\' money to around $60 billion, but the Ponzi scheme collapsed in December 2008 and after pleading guilty the following year, he was given a prison sentence of 150 years. The charismatic mogul, once chairman of the Nasdaq stock exchange, fooled charities, major banks, Hollywood moguls and savvy financial players, who ultimately lost tens of millions. Madoff\'s wife admitted in a previously released excerpt from the program that after the allegations surfaced the couple tried but failed to commit suicide by taking pills. In Sunday\'s broadcast she said her later decision to cut off all contact with the fraudster led to reconciliation with the couple\'s other son Andrew, who also spoke of Mark Madoff\'s suicide. \"It was awful. I wish I could say I was shocked, but I wasn\'t,\" Andrew Madoff said, noting that his brother had become obsessed with media coverage of the case. \"He had tried to kill himself -- a little more than a year before. And that was absolutely devastating,\" he said, noting he would never reconcile with his convict father. \"What he did to me, to my brother, and to my family is unforgivable,\" he said. \"What he did to thousands of other people... I\'ll never understand it. And I\'ll never forgive him for it. And I\'ll never speak to him again.\" In a prison interview with Fox Business Network published in August, Madoff said he had been \"trapped into the greed of others.\" He also claimed that many of his former colleagues in the financial industry are crooks and that insider trading \"goes on at every major firm\'s Prop Desk and at every level of the industry in plain sight.\" \"It is unfortunate, to say the least, that the financial services industry is so corrupt and stacked against the typical investor,\" he told Fox in an email.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

madoff wife son will never forgive him madoff wife son will never forgive him

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

madoff wife son will never forgive him madoff wife son will never forgive him

 



GMT 16:17 2018 Thursday ,30 August

Five Saudi women pilots granted GACA licences

GMT 10:31 2014 Tuesday ,23 December

Mirages of failure: Lebanon cannot wait

GMT 19:57 2018 Tuesday ,23 January

Farm-fresh from Kerala to the UAE, in just one day

GMT 06:15 2018 Tuesday ,23 January

Volkswagen clinches record sales

GMT 07:46 2015 Friday ,24 July

Why pendulums swing in harmony?

GMT 01:02 2016 Tuesday ,07 June

Won't play in Olympics

GMT 07:02 2017 Thursday ,06 July

UAE team ready for Asian Athletics Championship

GMT 12:27 2017 Wednesday ,06 September

Texas flood toll mounts as Harvey pummels Louisiana

GMT 07:16 2017 Monday ,25 December

New recall of Lactalis baby milk

GMT 17:15 2017 Thursday ,16 November

30 research papers for Shaikh Nasser Award

GMT 06:53 2015 Monday ,14 September

The Gulf States and Syrian refugees

GMT 09:06 2018 Monday ,01 January

China manufacturing activity slows in December

GMT 12:00 2017 Thursday ,17 August

Italian-American automaker Fiat Chrysler

GMT 14:02 2014 Monday ,24 November

Women not equal to men

GMT 08:47 2017 Saturday ,11 February

Argentina striker Lucas Pratto joins Sao Paulo

GMT 19:38 2017 Saturday ,06 May

Somali Speaker of Parliament meets UAE
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice