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1
00:00:02,333 --> 00:00:04,093
GREG:
But they all ask the same
question before they pull out --
2
00:00:04,085 --> 00:00:06,505
"How does Bernie
make a profit
3
00:00:06,507 --> 00:00:09,927
when everyone else in the world
is taking a bath?"
4
00:00:09,930 --> 00:00:12,050
Sign 'em where
they're marked.
5
00:00:12,053 --> 00:00:13,763
Frank, these are
from different years.
6
00:00:13,764 --> 00:00:14,984
You got questions,
7
00:00:14,975 --> 00:00:16,595
you should really take 'em up
with your brother.
8
00:00:17,848 --> 00:00:19,598
I hope
it's the right one.
9
00:00:19,600 --> 00:00:22,190
He's been buying me off
my whole life.
10
00:00:22,193 --> 00:00:23,813
I'm making you CFO.
11
00:00:23,814 --> 00:00:25,364
RUTH: It's just nothing --
it's a title.
12
00:00:25,356 --> 00:00:27,736
Your father would do anything
in the world for you and Andy.
13
00:00:27,738 --> 00:00:28,818
You know that.
14
00:00:28,819 --> 00:00:30,149
The Steiner brothers
15
00:00:30,151 --> 00:00:31,531
are withdrawing their money
from the fund.
16
00:00:31,532 --> 00:00:34,292
You've always said that
if I ever needed my money out,
17
00:00:34,285 --> 00:00:35,285
all I had to do was ask.
18
00:00:35,286 --> 00:00:36,416
Our investors --
19
00:00:36,417 --> 00:00:38,077
they've lost confidence
in everything.
20
00:00:38,079 --> 00:00:39,419
FRANK: You're gonna
turn this around, Bernie,
21
00:00:39,420 --> 00:00:40,580
just like you always do.
22
00:00:40,581 --> 00:00:42,831
Fraud! Fraud! Fraud!
23
00:00:42,833 --> 00:00:45,433
I have something
to tell you.
24
00:00:45,426 --> 00:00:48,546
WOMAN: Bank stocks
were pummeled again today.
25
00:00:48,549 --> 00:00:49,669
[ Keyboard clacking ]
26
00:00:49,670 --> 00:00:51,340
[ Airplane engine whirs ]
27
00:00:51,342 --> 00:00:53,972
♪♪
28
00:00:53,974 --> 00:00:55,444
MAN #1: The president,
at a news conference,
29
00:00:55,436 --> 00:00:56,766
tried today to...
MAN #2:
Nightmare on Wall Street.
30
00:00:56,767 --> 00:00:58,347
♪♪
31
00:00:58,349 --> 00:00:59,769
[ Camera shutters click ]
32
00:00:59,770 --> 00:01:01,520
[ Clanging ]
33
00:01:01,522 --> 00:01:04,572
♪♪
34
00:01:20,080 --> 00:01:21,330
It's over.
35
00:01:23,704 --> 00:01:25,344
I'm finished.
36
00:01:26,707 --> 00:01:27,837
What does that mean?
37
00:01:27,838 --> 00:01:32,048
I -- There's nothing more.
38
00:01:32,052 --> 00:01:33,552
Are -- Are you talking
about the business?
39
00:01:33,554 --> 00:01:35,354
Because the business has
billions on the books, Dad.
40
00:01:35,346 --> 00:01:37,176
That's the books you read.
41
00:01:37,178 --> 00:01:39,018
They're not the real books.
42
00:01:39,019 --> 00:01:41,519
I -- Ah!
43
00:01:43,103 --> 00:01:46,493
The trading company
that you boys run...
44
00:01:46,487 --> 00:01:50,647
has been a loss
for a long time.
45
00:01:50,651 --> 00:01:52,491
And I've been covering it
46
00:01:52,493 --> 00:01:55,453
with funds
from the investment services.
47
00:01:55,446 --> 00:01:58,036
And the investment services is,
uh...
48
00:01:58,038 --> 00:01:59,948
a lie.
49
00:01:59,950 --> 00:02:03,410
What are you talking about?
What do you mean, a lie?
50
00:02:03,414 --> 00:02:06,344
It's a Ponzi scheme.
51
00:02:06,337 --> 00:02:10,247
What does that mean, a Pon--
a Ponzi scheme?
52
00:02:10,251 --> 00:02:11,671
Oh, my God.
53
00:02:11,672 --> 00:02:15,762
It means, Ruthie,
that I have been doing things
54
00:02:15,756 --> 00:02:19,516
with other people's money
that I shouldn't,
55
00:02:19,520 --> 00:02:22,720
and now it's all gone.
56
00:02:24,185 --> 00:02:25,395
Everything?
57
00:02:25,396 --> 00:02:27,766
There's
a few hundred million
58
00:02:27,768 --> 00:02:32,438
that I want to distribute
very carefully to people.
59
00:02:32,443 --> 00:02:35,663
But -- and I need a week
to do that.
60
00:02:35,656 --> 00:02:37,826
I need a week to 10 days.
61
00:02:37,828 --> 00:02:40,328
And then...
62
00:02:40,331 --> 00:02:41,831
I'm gonna turn myself in.
63
00:02:41,832 --> 00:02:46,672
And, Ruthie, they're gonna
send me to jail.
64
00:02:48,549 --> 00:02:51,339
How much --
How much did you lose?
65
00:02:51,342 --> 00:02:53,962
[ Chuckles ]
66
00:02:53,964 --> 00:02:56,144
$50 billion.
67
00:02:58,929 --> 00:03:00,679
Oh!
68
00:03:03,644 --> 00:03:05,274
Mark, Mark!
69
00:03:22,743 --> 00:03:24,593
Mark, wait, stop.
70
00:03:24,585 --> 00:03:25,995
Breathe. It's okay.
71
00:03:25,996 --> 00:03:27,326
We need to see
what we can do to help.
72
00:03:27,328 --> 00:03:28,458
We have to think
this through.
73
00:03:28,459 --> 00:03:30,039
It might not even be real,
what he's even saying.
74
00:03:30,040 --> 00:03:31,170
Why would he
make it up, Andy?
75
00:03:31,171 --> 00:03:32,461
He's been acting incredibly
strange at work.
76
00:03:32,463 --> 00:03:33,503
He's been lying
on the floor.
77
00:03:33,504 --> 00:03:34,724
He can't answer
a simple question.
78
00:03:34,715 --> 00:03:35,675
It might even be a brain tumor
for all we know.
79
00:03:35,676 --> 00:03:36,796
Of course he's been acting
strange.
80
00:03:36,797 --> 00:03:38,547
He's taken everybody
for a $50 billion ride
81
00:03:38,549 --> 00:03:39,599
and crashed into a wall.
82
00:03:39,600 --> 00:03:41,930
Don't you see
what's been going on, Andy?
83
00:03:41,932 --> 00:03:44,102
All the secrecy,
promoting DiPascali?
84
00:03:44,104 --> 00:03:45,854
Keeping us out
of the investment business?
85
00:03:45,846 --> 00:03:47,516
Where are you going?
To find a lawyer.
86
00:03:47,518 --> 00:03:49,228
A lawyer? What, are you gonna
walk around on the street
87
00:03:49,229 --> 00:03:50,809
and ask if they can
represent you? Come on, man.
88
00:03:50,811 --> 00:03:52,481
Steph's uncle's got a law firm
five blocks from here.
89
00:03:52,483 --> 00:03:54,193
I'll call him
and have them meet us there.
90
00:03:54,194 --> 00:03:56,704
We're exposed, Andy.
91
00:03:56,697 --> 00:03:59,027
He's left us no choice.
92
00:03:59,029 --> 00:04:00,989
Let's go!
93
00:04:04,325 --> 00:04:06,285
So, a couple
of hundred million?
94
00:04:06,287 --> 00:04:07,667
What happens to that?
95
00:04:07,668 --> 00:04:10,208
I don't think we should go
into the details right now.
96
00:04:10,210 --> 00:04:11,580
You said
we had nothing left.
97
00:04:11,582 --> 00:04:13,462
What does -- What does
"nothing left" mean?
98
00:04:13,464 --> 00:04:15,684
Does it mean that we --
that we downsize
99
00:04:15,676 --> 00:04:18,336
to a smaller apartment
or sleep out on the street?
100
00:04:18,339 --> 00:04:20,379
Downsizing.
101
00:04:20,381 --> 00:04:21,681
Yeah.
102
00:04:21,682 --> 00:04:23,682
[ Chuckling ]
Yeah.
103
00:04:23,684 --> 00:04:25,984
Yeah, it's downsizing,
all right.
104
00:04:25,976 --> 00:04:27,726
I don't --
I don't understand this.
105
00:04:27,728 --> 00:04:28,808
You're not a criminal.
106
00:04:28,809 --> 00:04:32,649
Yes, Ruthie,
I am a criminal.
107
00:04:35,025 --> 00:04:38,065
[ Up-tempo music playing ]
108
00:04:38,068 --> 00:04:41,238
[ Indistinct talking ]
109
00:04:43,494 --> 00:04:46,124
[ Cheers and applause ]
110
00:04:48,749 --> 00:04:51,169
A lot of you might not
believe what you're seeing,
111
00:04:51,171 --> 00:04:52,961
but it's the truth.
112
00:04:52,963 --> 00:04:55,263
The night I confessed
to Ruth and the boys
113
00:04:55,255 --> 00:04:58,505
was the same night
as the company Christmas party,
114
00:04:58,509 --> 00:05:03,759
held as always at Rosa
Mexicana, guacamole heaven.
115
00:05:03,764 --> 00:05:07,564
Why?
Why did I do that?
116
00:05:07,558 --> 00:05:11,018
I'd known these people
for years, and all that time,
117
00:05:11,021 --> 00:05:12,691
they trusted me as the guy
118
00:05:12,693 --> 00:05:15,203
who knew what was best
for everybody.
119
00:05:15,195 --> 00:05:16,775
Tonight was the last time
120
00:05:16,777 --> 00:05:19,697
I'd ever see them look at me
like that again.
121
00:05:19,700 --> 00:05:22,400
♪♪
122
00:05:22,403 --> 00:05:23,863
This is $50 billion,
you said,
123
00:05:23,864 --> 00:05:25,584
not million, but billion,
with a "B"?
124
00:05:25,576 --> 00:05:26,616
Yes, sir.
125
00:05:26,617 --> 00:05:28,207
I've met your father,
you know.
126
00:05:28,208 --> 00:05:29,658
More than once.
127
00:05:29,660 --> 00:05:32,290
My colleague has
his retirement fund with him.
128
00:05:32,292 --> 00:05:34,162
Not anymore.
129
00:05:37,758 --> 00:05:39,218
Okay.
130
00:05:39,219 --> 00:05:42,459
Um...let me ask you, does your
mother know that you're here?
131
00:05:42,463 --> 00:05:44,683
No.
132
00:05:44,675 --> 00:05:46,465
Ruth!
133
00:05:46,467 --> 00:05:47,597
Margarita?
134
00:05:47,598 --> 00:05:48,848
No, thanks.
135
00:05:48,849 --> 00:05:50,179
Yeah.
136
00:05:50,180 --> 00:05:51,730
Thanks.
137
00:05:51,732 --> 00:05:54,652
I haven't seen Andrew or Mark.
They're coming, right?
138
00:05:54,645 --> 00:05:57,775
Yeah, they're just -- they're
just running a little behind.
139
00:05:57,778 --> 00:06:00,398
What is this?
140
00:06:00,401 --> 00:06:02,401
I have no idea.
141
00:06:02,403 --> 00:06:04,543
So you said that your father
wants to wait a week
142
00:06:04,535 --> 00:06:07,035
before turning himself in to pay
out the money that's left,
143
00:06:07,037 --> 00:06:09,287
is that right?
Mm-hmm.
144
00:06:09,289 --> 00:06:11,619
It's not his to spend.
It's stolen.
145
00:06:11,622 --> 00:06:14,922
If he plans to disperse
any of it to anyone at all --
146
00:06:14,915 --> 00:06:18,335
anyone -- this is a crime
that's currently in progress.
147
00:06:18,338 --> 00:06:20,048
Does that mean
that we're guilty?
148
00:06:20,050 --> 00:06:22,460
It's my strong advice that we go
to the authorities immediately.
149
00:06:22,463 --> 00:06:25,013
The SEC, the FBI,
the U.S. attorney --
150
00:06:25,005 --> 00:06:29,005
if your father gives any of that
money away, you are complicit.
151
00:06:35,686 --> 00:06:37,066
Hey, Bern.
152
00:06:37,067 --> 00:06:38,357
What is it
that's so important
153
00:06:38,358 --> 00:06:40,398
you had to take me away
from my favorite food?
154
00:06:40,400 --> 00:06:42,480
Peter, listen, uh,
155
00:06:42,483 --> 00:06:45,913
I have committed some
irregularities with the company.
156
00:06:45,906 --> 00:06:47,486
Bernie, I've always known
that certain things
157
00:06:47,488 --> 00:06:48,698
weren't completely
on the level --
158
00:06:48,699 --> 00:06:50,829
No, no, no, no, no, no.
You don't know that.
159
00:06:50,831 --> 00:06:52,331
That's what you don't know.
160
00:06:52,332 --> 00:06:55,252
You don't know that anything
was off the level.
161
00:06:55,245 --> 00:06:57,875
You don't know that.
Do you understand me?
162
00:06:57,878 --> 00:07:01,998
I need a week to take care
of certain people,
163
00:07:02,002 --> 00:07:05,182
and then I have to
turn myself in.
164
00:07:05,175 --> 00:07:07,545
And I'm gonna probably end up
going to jail.
165
00:07:07,548 --> 00:07:10,178
Okay?
166
00:07:10,180 --> 00:07:11,470
Okay.
167
00:07:13,433 --> 00:07:14,433
All right.
168
00:07:14,434 --> 00:07:15,864
Don't go to jail.
169
00:07:21,321 --> 00:07:22,941
[ Crying ]
170
00:07:22,943 --> 00:07:26,333
Oh, no, Peter, Peter, stop.
Please, please.
171
00:07:26,326 --> 00:07:28,486
Don't.
172
00:07:28,489 --> 00:07:29,569
All right.
173
00:07:29,570 --> 00:07:30,660
I love you, Bernie.
174
00:07:30,661 --> 00:07:31,991
I love you, too.
175
00:07:31,992 --> 00:07:33,412
Look...
Go on, go on.
176
00:07:33,413 --> 00:07:35,463
[ Siren wails ]
177
00:07:39,580 --> 00:07:42,290
These affidavits
testify to the key points
178
00:07:42,292 --> 00:07:44,682
of what you've told us
here tonight.
179
00:07:44,675 --> 00:07:47,885
All you have to do is sign.
But don't do it lightly.
180
00:07:47,888 --> 00:07:49,798
Well, I just want to
remind you
181
00:07:49,800 --> 00:07:52,430
that the reason my clients
came forward tonight
182
00:07:52,432 --> 00:07:55,312
is because they are completely
and totally innocent
183
00:07:55,305 --> 00:07:57,355
of any involvement
in these crimes.
184
00:07:57,357 --> 00:07:59,937
Understood.
But please remember,
185
00:07:59,940 --> 00:08:02,860
once you sign,
there's no going back.
186
00:08:02,863 --> 00:08:04,153
These are sworn statements
187
00:08:04,154 --> 00:08:06,914
that can be used against
your father in a court of law.
188
00:08:06,907 --> 00:08:08,487
Sign that.
This is for you, Andy.
189
00:08:08,488 --> 00:08:11,028
Excuse me.
190
00:08:15,996 --> 00:08:17,666
Sign where your name is.
191
00:08:35,936 --> 00:08:38,516
Thank you, gentlemen.
192
00:08:50,530 --> 00:08:53,320
[ Knocking on door ]
193
00:08:53,323 --> 00:08:55,663
FBI AGENT: Mr. Madoff?
194
00:08:55,656 --> 00:08:56,956
Yeah.
195
00:08:56,957 --> 00:08:58,957
We're from the FBI.
Do you know why we're here?
196
00:08:58,959 --> 00:09:01,079
RUTH:
I didn't hear the house phone.
197
00:09:01,081 --> 00:09:03,001
What's going --
What's going on?
198
00:09:03,003 --> 00:09:05,133
Somebody turned me in.
199
00:09:05,125 --> 00:09:06,335
Who?
200
00:09:06,336 --> 00:09:08,336
Who do you think?
201
00:09:08,338 --> 00:09:12,168
I floated my sons
for 40 years.
202
00:09:12,172 --> 00:09:14,132
And this is how
they repay me --
203
00:09:14,134 --> 00:09:18,184
by lawyering up
and ruining my exit plan.
204
00:09:18,178 --> 00:09:21,348
Just 10 days
to put things in order.
205
00:09:21,351 --> 00:09:24,231
All they had to give me
was five minutes.
206
00:09:28,108 --> 00:09:29,568
FBI AGENT: You got it.
I'm checking it out.
207
00:09:29,569 --> 00:09:31,189
[ Sighs ]
208
00:09:31,191 --> 00:09:33,821
[ Indistinct talking ]
209
00:09:40,410 --> 00:09:41,870
Hey, do me a favor --
next time,
210
00:09:41,872 --> 00:09:43,412
have them fill
the tequila bottles
211
00:09:43,413 --> 00:09:44,843
with cranberry and tonic.
Frank. Frank.
212
00:09:44,835 --> 00:09:46,505
My head is like a --
Huh?
213
00:09:46,506 --> 00:09:48,706
[ Indistinct talking ]
Why is the FBI here?
214
00:09:48,709 --> 00:09:50,919
FBI AGENT:
On the computer, ma'am.
215
00:09:59,850 --> 00:10:01,640
Hey, Bern,
it's like 10:45.
216
00:10:01,642 --> 00:10:04,182
Look, I'm sure that Peter has
told you the FBI is here,
217
00:10:04,184 --> 00:10:05,654
but I keep
getting calls...
218
00:10:05,646 --> 00:10:08,526
DiPascali, Crupi,
Bongiorno.
219
00:10:08,528 --> 00:10:10,988
Where can we find
their offices?
220
00:10:10,991 --> 00:10:12,491
Oh, they're not up here.
221
00:10:12,492 --> 00:10:13,862
What do you mean,
"up here"?
222
00:10:13,864 --> 00:10:15,744
They're on 17.
223
00:10:17,998 --> 00:10:20,538
FRANK: Get all those papers
off the wall. Let's go.
224
00:10:20,540 --> 00:10:22,540
[ Indistinct talking ]
225
00:10:22,542 --> 00:10:24,292
Come on,
pick these papers up.
226
00:10:24,294 --> 00:10:26,514
Make sure they make it
into the shredder.
227
00:10:26,506 --> 00:10:28,046
Guys, guys, don't jam 'em in.
228
00:10:28,048 --> 00:10:29,668
Whoa, whoa, whoa.
229
00:10:29,670 --> 00:10:34,300
[ Indistinct talking on radio ]
230
00:10:34,304 --> 00:10:37,064
Ma'am, make sure you get those.
Lots of journals.
231
00:10:40,060 --> 00:10:43,140
NEWSCASTER:
...double-digit returns,
even in the worst of markets.
232
00:10:43,143 --> 00:10:45,943
Federal authorities revealed
this was no market magic.
233
00:10:45,936 --> 00:10:47,936
It was a grand Ponzi scheme.
234
00:10:47,938 --> 00:10:49,228
Yeah?
235
00:10:49,229 --> 00:10:50,769
What?
236
00:10:50,771 --> 00:10:52,441
Bernie?
237
00:10:52,442 --> 00:10:55,042
You got to be kidding me.
238
00:10:55,035 --> 00:10:57,275
Monsieur, your brother's
on the telephone.
239
00:10:57,277 --> 00:10:59,777
[ Sighs ] What?
Really, what is it?
240
00:10:59,780 --> 00:11:01,580
Mr. Madoff has been arrested.
241
00:11:03,994 --> 00:11:06,174
[ Cellphone chimes ]
242
00:11:12,002 --> 00:11:13,172
Well, we're learning more
this morning
243
00:11:13,173 --> 00:11:14,293
about what authorities
are calling
244
00:11:14,294 --> 00:11:16,564
the largest
financial scam ever.
245
00:11:16,556 --> 00:11:18,386
A powerful New York
investment broker
246
00:11:18,388 --> 00:11:22,558
accused of bilking investors
out of $50 billion.
247
00:11:22,562 --> 00:11:24,012
For years, he made good on...
248
00:11:24,014 --> 00:11:25,904
NEWSCASTER #2:
...amazing investor.
249
00:11:25,896 --> 00:11:28,726
He made big money year after
year, double-digit returns.
250
00:11:28,729 --> 00:11:31,939
It sounded too good to be true,
and it was.
251
00:11:31,942 --> 00:11:35,032
Financier Bernard Madoff
now stands accused
252
00:11:35,025 --> 00:11:37,445
of running
a $50 billion fraud.
253
00:11:37,447 --> 00:11:39,737
He faces 20 years in prison
and millions in fines.
254
00:11:39,740 --> 00:11:41,660
I'm watching him
on television right now.
255
00:11:41,661 --> 00:11:43,781
And ABC News has learned,
George, that the two employees
256
00:11:43,784 --> 00:11:45,544
that turned Madoff in
were, in fact, his sons.
257
00:11:45,535 --> 00:11:47,585
NEWSCASTER #3: Well, we're
learning more this morning
258
00:11:47,587 --> 00:11:48,997
about what authorities
are calling
259
00:11:48,999 --> 00:11:50,209
the largest financial scam ever,
260
00:11:50,210 --> 00:11:52,210
a powerful New York
investment broker...
261
00:11:52,212 --> 00:11:54,972
Aah!
262
00:11:54,965 --> 00:11:59,135
[ Breathing heavily ]
263
00:12:02,302 --> 00:12:04,852
That's right.
Just me.
264
00:12:04,845 --> 00:12:09,765
Just you? A $50 billion fraud,
and nobody else was involved?
265
00:12:09,770 --> 00:12:11,190
That's correct.
266
00:12:11,191 --> 00:12:12,651
Nobody?
267
00:12:12,652 --> 00:12:15,322
Am I not being clear,
Ethan?
268
00:12:15,315 --> 00:12:17,115
Not Frank DiPascali?
No.
269
00:12:17,117 --> 00:12:18,947
Not Annette Bongiorno?
No.
270
00:12:18,949 --> 00:12:20,029
Not your brother?
No.
271
00:12:20,030 --> 00:12:21,280
Not your sons?
Your wife?
272
00:12:21,281 --> 00:12:22,571
No.
273
00:12:22,572 --> 00:12:23,822
If he wants to make bail,
274
00:12:23,824 --> 00:12:26,584
he's gonna have to do a hell
of a lot better than this.
275
00:12:26,576 --> 00:12:28,456
He's cooperating.
What do you want him to do?
276
00:12:28,458 --> 00:12:29,748
Draw you a treasure map?
Yes!
277
00:12:29,749 --> 00:12:30,919
[ Glasses rattle ]
278
00:12:30,921 --> 00:12:33,001
That's exactly
what I want him to do.
279
00:12:33,003 --> 00:12:34,843
Bernie confessed,
of his own free will,
280
00:12:34,835 --> 00:12:36,085
even before calling me,
281
00:12:36,086 --> 00:12:38,006
which I'm sure you can guess
I'm thrilled about.
282
00:12:38,008 --> 00:12:40,428
Let's cut the crap.
283
00:12:40,430 --> 00:12:42,760
You've got the centerpiece
of your case well in hand.
284
00:12:56,356 --> 00:12:57,816
Sorry, Ethan.
285
00:12:57,818 --> 00:13:00,068
A personal recognizance bond
isn't gonna cut it.
286
00:13:00,070 --> 00:13:01,990
You want your client
to go home?
287
00:13:01,992 --> 00:13:05,672
I need a $10 million bond
posted.
288
00:13:05,665 --> 00:13:08,665
He's gonna have to be placed
under house arrest.
289
00:13:08,668 --> 00:13:11,078
And I'm gonna need that bond
signed by four people
290
00:13:11,081 --> 00:13:13,751
willing to stand for him...
291
00:13:13,753 --> 00:13:17,053
assuming
there are any left.
292
00:13:17,047 --> 00:13:19,217
It has to be signed
by four people?
293
00:13:19,219 --> 00:13:21,049
You, me, and the boys.
294
00:13:21,051 --> 00:13:23,841
And then
we can bring them home.
295
00:13:23,844 --> 00:13:25,694
Of course, Ruthie.
Just fax it over.
296
00:13:25,685 --> 00:13:27,805
I'll sign it
and get it right back to you.
297
00:13:27,807 --> 00:13:30,267
Oh, thank you, Peter.
That's a relief.
298
00:13:30,270 --> 00:13:32,310
Yeah, now the boys.
299
00:13:32,312 --> 00:13:35,532
Okay. Yeah.
Yeah, of course.
300
00:13:35,525 --> 00:13:37,435
I'll keep you posted.
301
00:13:37,437 --> 00:13:40,817
[ Beeping ]
302
00:13:40,820 --> 00:13:42,320
[ Telephone ringing ]
303
00:13:42,322 --> 00:13:44,492
MARK: Listen to me
right now, Mom.
304
00:13:44,494 --> 00:13:45,584
Mom, listen to me.
305
00:13:45,575 --> 00:13:47,495
Do -- Do you understand me?
No!
306
00:13:47,497 --> 00:13:49,907
No, Andy and I are never gonna
help our father.
307
00:13:49,910 --> 00:13:51,210
Mark, you've got to
calm down.
308
00:13:51,211 --> 00:13:53,161
Do you understand me?
We are not signing the bond!
309
00:13:53,163 --> 00:13:54,883
Do you want to
save yourself, Mom?
310
00:13:54,875 --> 00:13:56,875
You let him rot in jail
where he belongs!
311
00:13:56,877 --> 00:13:57,957
[ Clattering ]
312
00:14:08,058 --> 00:14:09,808
Too much.
313
00:14:11,641 --> 00:14:14,021
[ Buzzer ]
314
00:14:14,024 --> 00:14:16,444
Mark. Mark, Mark!
315
00:14:16,436 --> 00:14:17,476
Tell her to leave.
Stop, I will.
316
00:14:17,477 --> 00:14:18,817
Tell her to leave.
I need you to calm down.
317
00:14:18,818 --> 00:14:20,318
I don't want her here.
Just sit down over there.
318
00:14:20,320 --> 00:14:21,480
I do not want her here.
Okay, fine.
319
00:14:21,481 --> 00:14:22,571
Tell her to go.
320
00:14:22,572 --> 00:14:23,742
Mark, you've got to
calm down, okay?
321
00:14:23,743 --> 00:14:25,163
[ Buzzing continues ]
322
00:14:25,155 --> 00:14:27,405
Mom.
Open the door.
323
00:14:27,407 --> 00:14:29,157
Mom!
You're signing this bond!
324
00:14:29,159 --> 00:14:31,449
You're signing it right now.
Tell her to leave, Andy.
325
00:14:31,451 --> 00:14:32,661
[ Clattering ]
326
00:14:32,662 --> 00:14:34,162
I'm gonna make it
very simple.
327
00:14:34,164 --> 00:14:35,674
He's given you everything!
Okay, it's your choice.
328
00:14:35,665 --> 00:14:37,085
Us or him!
You son of a --
329
00:14:37,087 --> 00:14:39,167
All your father
has done for you.
330
00:14:39,169 --> 00:14:41,379
Don't be so unreasonable.
Let me in.
331
00:14:45,385 --> 00:14:47,175
NEWSCASTER: Many of Madoff's
victims, hungry for justice.
332
00:14:47,177 --> 00:14:49,807
RICHARD: And he looked at me,
and I saw a hollow face.
333
00:14:49,809 --> 00:14:51,509
Hollow.
There was nothing in it.
334
00:14:51,511 --> 00:14:53,011
No emotion whatsoever.
335
00:14:53,013 --> 00:14:54,513
You met his eyes?
Yes.
336
00:14:54,514 --> 00:14:56,404
And there was
nothing there.
337
00:14:56,396 --> 00:14:58,776
I met Richard
and Cynthia Freidman.
338
00:14:58,778 --> 00:15:00,478
We were investors
with Madoff.
339
00:15:00,480 --> 00:15:02,230
We lost everything.
Everything.
340
00:15:02,232 --> 00:15:04,692
Everything, yes.
All our life's savings.
341
00:15:04,694 --> 00:15:07,744
They were skeptical that justice
would truly be done.
342
00:15:07,737 --> 00:15:11,737
There's something about
being in the presence
of somebody that evil.
343
00:15:14,244 --> 00:15:17,884
So, when was it exactly
that I became the poster boy
344
00:15:17,877 --> 00:15:20,707
for all
of Wall Street's crimes?
345
00:15:20,710 --> 00:15:23,670
Maybe it was when all
the celebrities
346
00:15:23,673 --> 00:15:25,853
who took a hit were revealed.
347
00:15:27,637 --> 00:15:29,427
No, no.
348
00:15:29,429 --> 00:15:32,139
Who doesn't love to see
celebrities suffer?
349
00:15:32,142 --> 00:15:34,892
Maybe it was the charities.
350
00:15:34,894 --> 00:15:38,524
And I admit that didn't exactly
show me in the best light.
351
00:15:38,518 --> 00:15:40,018
No, no, no.
352
00:15:40,020 --> 00:15:43,110
Even after what
that idiot Frenchman pulled,
353
00:15:43,113 --> 00:15:44,823
trying to show the world
354
00:15:44,824 --> 00:15:47,574
what an honorable aristocrat
he was...
355
00:15:47,567 --> 00:15:49,827
That didn't do it.
356
00:15:49,829 --> 00:15:51,279
No.
357
00:15:51,281 --> 00:15:54,331
The moment that the world
decided to make me
358
00:15:54,334 --> 00:15:58,674
the 21st-century icon
of evil and greed,
359
00:15:58,668 --> 00:16:01,788
the monster of Wall Street,
360
00:16:01,791 --> 00:16:04,671
when I came home
for house arrest.
361
00:16:04,674 --> 00:16:06,764
Bernie, are you gonna give
any of the money --
362
00:16:06,756 --> 00:16:08,756
Bernie, are you gonna
plead guilty?
363
00:16:08,758 --> 00:16:11,848
[ Indistinct shouting ]
364
00:16:12,972 --> 00:16:14,262
There, right there.
365
00:16:14,264 --> 00:16:17,814
That smirk -- that smirk
seen around the world
366
00:16:17,807 --> 00:16:21,807
and replayed for days on
every network on the planet.
367
00:16:21,811 --> 00:16:23,361
Yeah, I know.
368
00:16:23,363 --> 00:16:25,913
I know what you think you saw
in that smirk --
369
00:16:25,905 --> 00:16:27,275
a man without remorse,
370
00:16:27,277 --> 00:16:28,567
a rich man confident
371
00:16:28,568 --> 00:16:31,238
that his money would put him
above the law.
372
00:16:31,241 --> 00:16:33,991
You think you saw a man
scorning the world.
373
00:16:33,993 --> 00:16:37,423
Well, you couldn't have been
more wrong.
374
00:16:37,417 --> 00:16:40,377
But I'm really not
some evil, horrible,
375
00:16:40,380 --> 00:16:42,500
ethically deprived scoundrel.
376
00:16:42,502 --> 00:16:46,092
I'm basically
an ordinary businessman
377
00:16:46,086 --> 00:16:49,296
who simply got in
over his head.
378
00:16:49,299 --> 00:16:52,549
I'm gonna go in alone.
379
00:16:52,552 --> 00:16:54,842
No way. I'm not letting you
go out there unprotected.
380
00:16:54,844 --> 00:16:57,194
They're not gonna come at me
if I'm not with you, okay?
381
00:16:57,187 --> 00:16:58,597
I love you.
382
00:16:58,598 --> 00:16:59,688
That's him!
383
00:16:59,689 --> 00:17:00,899
[ Indistinct shouting ]
384
00:17:00,900 --> 00:17:04,310
Go, go, go, go, go, go!
385
00:17:04,314 --> 00:17:06,614
Go, go, go!
386
00:17:06,606 --> 00:17:08,906
[ Elevator dinging ]
387
00:17:24,003 --> 00:17:26,843
Excuse me, ma'am,
you can't be here.
388
00:17:26,836 --> 00:17:29,256
Ma'am, this is a crime scene.
You have to leave.
389
00:17:29,259 --> 00:17:31,169
No disrespect, agent,
390
00:17:31,171 --> 00:17:32,971
but I'm sick of waiting around
for you to figure out
391
00:17:32,972 --> 00:17:34,592
that I'm the person
you need to be talking to.
392
00:17:36,015 --> 00:17:38,305
Here.
393
00:17:38,308 --> 00:17:40,808
His personal address book.
394
00:17:40,810 --> 00:17:44,020
All 130 of his "must have with
him at all times" contacts.
395
00:17:44,023 --> 00:17:46,453
Everyone he stole from
is in that book.
396
00:17:46,446 --> 00:17:48,066
And just who, exactly,
are you?
397
00:17:50,530 --> 00:17:52,950
I was his secretary.
398
00:17:56,286 --> 00:17:58,826
MAN: Many of the largest
investment firms on Wall Street
399
00:17:58,828 --> 00:18:00,578
didn't do business
with Mr. Madoff.
400
00:18:00,580 --> 00:18:02,120
MAN #2: Why didn't
they go to the SEC?
401
00:18:02,122 --> 00:18:03,832
Because the SEC
wouldn't have done anything.
402
00:18:03,833 --> 00:18:05,173
Why would you watch that?
403
00:18:05,165 --> 00:18:08,165
People who live in glass houses
don't throw stones.
404
00:18:08,168 --> 00:18:09,838
Penance, maybe.
405
00:18:09,839 --> 00:18:10,839
What?
406
00:18:10,840 --> 00:18:12,130
Voluntary self-punishment.
407
00:18:12,132 --> 00:18:13,762
The SEC comes in
after the fact,
408
00:18:13,763 --> 00:18:15,853
toe-tags the victims,
counts the bodies --
409
00:18:15,845 --> 00:18:20,135
Used to be a popular concept
in the very, very old days.
410
00:18:23,393 --> 00:18:27,193
Anyway, I won't close my eyes
to what I've done.
411
00:18:27,187 --> 00:18:29,727
Hey.
412
00:18:29,729 --> 00:18:32,609
Uncle Bernie's the one
that put all of us in jeopardy
413
00:18:32,612 --> 00:18:34,322
and ruined everyone
we know.
414
00:18:34,324 --> 00:18:36,004
You did nothing wrong.
415
00:18:35,995 --> 00:18:39,195
Dad, it's not your fault.
416
00:18:39,199 --> 00:18:42,039
You didn't know
what he was doing.
417
00:18:42,041 --> 00:18:45,841
I was
Chief Compliance Officer.
418
00:18:45,835 --> 00:18:48,005
It was my job to stop it.
419
00:18:51,211 --> 00:18:55,971
They're not gonna just let me
walk away from this.
420
00:18:58,428 --> 00:19:00,558
Hey, this is Mark.
Leave a message.
421
00:19:00,560 --> 00:19:01,810
[ Beep ]
422
00:19:01,811 --> 00:19:04,761
RUTH:
Why won't you talk to me, huh?
423
00:19:04,764 --> 00:19:06,904
Listen, I'm the one
that should be angry --
424
00:19:06,896 --> 00:19:08,686
with you and your brother.
425
00:19:08,688 --> 00:19:11,188
How could you betray
your father like this,
426
00:19:11,191 --> 00:19:13,401
after all that he has
done for you?
427
00:19:13,403 --> 00:19:19,333
Why -- Why this pointless demand
that I choose between you, why?
428
00:19:19,329 --> 00:19:23,039
Why should I have to choose
between my husband and my son?
429
00:19:23,042 --> 00:19:26,052
What -- What -- What good
would it do if I left him?
430
00:19:26,045 --> 00:19:27,745
What difference would it make?
431
00:19:27,747 --> 00:19:30,957
You know all you're doing, Mark,
is just ripping this fa--
432
00:19:30,960 --> 00:19:32,380
[ Beep ]
433
00:19:33,883 --> 00:19:35,893
...family apart!
434
00:19:42,181 --> 00:19:43,641
NEWSCASTER: In Denver,
President Obama signed
435
00:19:43,643 --> 00:19:46,523
the massive $787 billion
economic stimulus bill, saying,
436
00:19:46,516 --> 00:19:50,436
"It would keep the American
Dream alive in our time."
437
00:19:50,440 --> 00:19:52,230
[ Chuckles ]
At the same time on Wall Street,
438
00:19:52,232 --> 00:19:54,612
the Dow dropped
nearly 300 points
439
00:19:54,614 --> 00:19:57,494
after worries about
clouds on the horizon.
440
00:19:57,487 --> 00:20:00,117
NEWSCASTER #2: President Barack
Obama sees today's signings
441
00:20:00,119 --> 00:20:02,029
as a historic moment
that will end the run
442
00:20:02,031 --> 00:20:03,911
of economic calamities.
[ Cackles ]
443
00:20:03,913 --> 00:20:06,463
None greater than the ultimate
Wall Street fraud,
444
00:20:06,456 --> 00:20:07,626
Bernie Madoff.
[ Laughs ]
445
00:20:07,627 --> 00:20:09,457
I'm the fraud, eh?
...turn the economy around.
446
00:20:09,459 --> 00:20:11,789
But today does mark
the beginning of the end.
447
00:20:11,791 --> 00:20:16,341
Ah, the whole financial system's
rotten from the top down.
448
00:20:16,336 --> 00:20:18,676
I'm just a dirty little fish
449
00:20:18,678 --> 00:20:22,388
swimming around
in a great, big, dirty pond.
450
00:20:22,392 --> 00:20:24,472
You know the biggest banks
in the world
451
00:20:24,474 --> 00:20:28,154
sell their customers assets
they know are toxic,
452
00:20:28,147 --> 00:20:29,607
and -- and --
and the ratings board
453
00:20:29,609 --> 00:20:31,519
gives them a rubber stamp
of approval.
454
00:20:31,521 --> 00:20:33,731
And the politicians
then tell the public
455
00:20:33,733 --> 00:20:36,323
that Wall Street
is gonna police itself.
456
00:20:36,316 --> 00:20:37,316
Ha!
457
00:20:37,317 --> 00:20:39,277
[ Laughs ]
458
00:20:39,279 --> 00:20:43,029
And then we all
get bailed out,
459
00:20:43,032 --> 00:20:44,492
and they got to pay billions
460
00:20:44,494 --> 00:20:46,504
and billions and billions
of dollars.
461
00:20:46,496 --> 00:20:48,956
And they call me a fraud?!
462
00:20:48,958 --> 00:20:51,828
And I ran the biggest Ponzi
scheme in history, okay,
463
00:20:51,831 --> 00:20:55,301
within the biggest
Ponzi scheme in history.
464
00:20:55,295 --> 00:20:56,675
Ah.
465
00:20:59,429 --> 00:21:01,839
I'm the fall guy.
466
00:21:05,345 --> 00:21:08,595
RUTH: You have no idea how good
it is to see your face.
467
00:21:08,598 --> 00:21:11,188
It's just been killing me
not to --
468
00:21:11,190 --> 00:21:14,850
not to see you or Mark
for the past two -- two months.
469
00:21:14,854 --> 00:21:17,034
Well, Mark would kill me
if he knew I was here.
470
00:21:17,026 --> 00:21:18,156
How is he?
471
00:21:18,157 --> 00:21:20,447
How are any of us?
Not good.
472
00:21:20,450 --> 00:21:22,860
Well, you're holding up
all right, it seems,
473
00:21:22,862 --> 00:21:24,112
all things considered.
474
00:21:24,113 --> 00:21:26,793
Well, it's easier for me
to adjust than you and Mark.
475
00:21:26,786 --> 00:21:29,576
I didn't spend my whole life
worrying about being liked.
476
00:21:29,579 --> 00:21:31,409
So, what is it?
What did you want to ask?
477
00:21:31,411 --> 00:21:32,671
I want to see Mark's baby.
478
00:21:32,672 --> 00:21:35,042
I want to come to the hospital
when the baby comes.
479
00:21:35,044 --> 00:21:37,094
No.
Mom, I know it's hard.
480
00:21:37,086 --> 00:21:42,256
Mark has his feelings,
and they're never gonna change
481
00:21:42,261 --> 00:21:44,761
unless you completely
cut off Dad.
482
00:21:44,764 --> 00:21:46,934
Why -- Why is it so hard
for you both
483
00:21:46,926 --> 00:21:48,976
to understand
why I can't do that?
484
00:21:48,978 --> 00:21:50,598
Maybe you never loved
anybody
485
00:21:50,600 --> 00:21:52,690
like your father and I
love each other,
486
00:21:52,692 --> 00:21:54,142
or else you would understand
487
00:21:54,143 --> 00:21:56,613
why what you're asking me
is impossi--
488
00:21:56,606 --> 00:21:59,146
He lied to us every day, Mom,
you included.
489
00:21:59,148 --> 00:22:01,358
And now we have to pay
for his lies.
490
00:22:01,361 --> 00:22:03,401
Cut him off.
491
00:22:06,786 --> 00:22:08,656
You have a future.
492
00:22:08,658 --> 00:22:11,328
The whole family
has a future.
493
00:22:11,330 --> 00:22:13,080
Just not him.
494
00:22:18,758 --> 00:22:21,668
Nobody will ever love me
like that again.
495
00:22:23,723 --> 00:22:27,273
Nobody will ever love me
like that again.
496
00:22:33,062 --> 00:22:34,812
Maybe your grandson will.
497
00:22:36,856 --> 00:22:38,106
What?
498
00:22:38,107 --> 00:22:39,777
It's a boy.
499
00:22:39,779 --> 00:22:42,479
We just found out.
500
00:22:42,482 --> 00:22:45,582
You know how much little boys
love their grandmas.
501
00:22:47,407 --> 00:22:50,157
Ye--
502
00:22:50,159 --> 00:22:52,579
I've got to go.
503
00:23:27,947 --> 00:23:30,157
NEWSCASTER:
You can't help but wonder
504
00:23:30,159 --> 00:23:32,489
whether Bernard Madoff
is sleeping yet.
505
00:23:32,492 --> 00:23:34,292
Tonight, the disgraced financier
506
00:23:34,293 --> 00:23:36,673
will rest his head
on a bare-boned bunk
507
00:23:36,666 --> 00:23:40,036
in a New York City jail cell
for the first time --
508
00:23:40,039 --> 00:23:43,879
not in the master bedroom of his
multimillion-dollar penthouse.
509
00:23:50,429 --> 00:23:54,389
So they yanked my bail the
minute I made my guilty plea,
510
00:23:54,393 --> 00:23:57,443
and they threw me in the clink
to wait to be sentenced.
511
00:23:57,436 --> 00:24:01,056
Here's your lunch, douchebag.
Choke on it.
512
00:24:09,408 --> 00:24:12,368
[ Indistinct shouting ]
513
00:24:27,507 --> 00:24:30,757
So...
514
00:24:30,760 --> 00:24:32,800
what's it like outside?
515
00:24:32,802 --> 00:24:34,352
Good.
516
00:24:34,353 --> 00:24:37,233
It's fabulous, actually.
517
00:24:37,226 --> 00:24:39,186
[ Chuckles ]
I lost weight.
518
00:24:39,188 --> 00:24:41,518
You know,
'cause I can't go out.
519
00:24:41,521 --> 00:24:43,981
Or get groceries
to the apartment.
520
00:24:43,983 --> 00:24:45,993
They won't do that.
521
00:24:45,985 --> 00:24:50,905
The salon won't book
my appointment for me,
522
00:24:50,910 --> 00:24:52,820
and no restaurants
want me.
523
00:24:52,822 --> 00:24:56,292
I'm the only homeless person
in the whole world
524
00:24:56,285 --> 00:25:00,165
who lives in a penthouse,
and that's only temporary.
525
00:25:03,583 --> 00:25:05,083
Why?
526
00:25:05,084 --> 00:25:07,054
Why what?
527
00:25:07,046 --> 00:25:09,176
Seriously.
528
00:25:09,178 --> 00:25:12,008
Don't tell me you just got in
over your head.
529
00:25:12,011 --> 00:25:14,181
I want to know why,
Bernie, why?
530
00:25:14,183 --> 00:25:17,143
Because people only want to get
richer and richer and richer
531
00:25:17,136 --> 00:25:20,056
and they don't want the risk
and they don't want the worry.
532
00:25:20,059 --> 00:25:22,399
Even the bank
I put the money in,
533
00:25:22,401 --> 00:25:25,401
I put billions of dollars
in that one account.
534
00:25:25,404 --> 00:25:29,454
You think it occurred to them
to pick up a phone and say,
535
00:25:29,448 --> 00:25:31,358
"Hey, we got an account here,
536
00:25:31,360 --> 00:25:33,990
it's got billions of dollars
in it for 35 years.
537
00:25:33,993 --> 00:25:36,213
Maybe you ought to
take a look at it."
538
00:25:36,205 --> 00:25:37,745
No.
539
00:25:37,747 --> 00:25:39,997
Because I was the magician.
540
00:25:41,420 --> 00:25:45,080
And nobody wants
the magic trick explained.
541
00:25:45,084 --> 00:25:49,344
And that's what you get
for believing in magic.
542
00:26:03,182 --> 00:26:05,862
Okay, so,
another lawsuit.
543
00:26:05,855 --> 00:26:07,525
Read all the way
to the bottom.
544
00:26:12,031 --> 00:26:14,691
Our kids?
They want to sue our kids?
545
00:26:14,694 --> 00:26:16,964
They're suing
my 3-year-old daughter.
546
00:26:16,956 --> 00:26:19,366
That's insane.
It's gonna get thrown out.
547
00:26:19,368 --> 00:26:23,538
Look, Mark, this is
totally screwed,
548
00:26:23,542 --> 00:26:25,162
but we've got to just --
549
00:26:25,164 --> 00:26:26,424
We've got to what?
550
00:26:26,415 --> 00:26:27,665
We've got to play ball?
551
00:26:27,667 --> 00:26:30,167
We've got to let them
rub our noses in the dirt?
552
00:26:30,169 --> 00:26:34,009
Pretend that we like it
because we know we deserve it?
553
00:26:34,013 --> 00:26:37,683
Does that make it okay
for them to threaten our kids,
554
00:26:37,677 --> 00:26:39,677
who had absolutely
no involvement
555
00:26:39,679 --> 00:26:42,479
with what their scumbag
grandfather did?
556
00:26:42,481 --> 00:26:45,991
If they get anywhere near
my children, I swear to God --
557
00:26:45,985 --> 00:26:47,815
No one's gonna hurt
your kids.
558
00:26:47,817 --> 00:26:49,487
It's --
It's just a lawsuit.
559
00:26:49,488 --> 00:26:51,188
We're dealing
with hundreds of them.
560
00:26:51,190 --> 00:26:53,730
Every judge
in every lawsuit against us
561
00:26:53,733 --> 00:26:57,003
can say that we're innocent,
and it wouldn't matter.
562
00:26:56,996 --> 00:26:59,786
The world's never
gonna believe us.
563
00:26:59,789 --> 00:27:03,619
This day will pass.
I can see it.
564
00:27:03,622 --> 00:27:05,162
But I need you
to picture it.
565
00:27:07,166 --> 00:27:08,296
Why bother?
566
00:27:08,297 --> 00:27:11,047
Why bother?
Your wife, your kids.
567
00:27:11,050 --> 00:27:12,130
Everything's gone.
568
00:27:12,131 --> 00:27:14,011
What are you talking about?
569
00:27:14,013 --> 00:27:16,813
They've taken everything --
even our name.
570
00:27:16,806 --> 00:27:18,256
Mark, please.
571
00:27:21,100 --> 00:27:23,020
We're changing our name.
572
00:27:23,022 --> 00:27:25,352
Steph and I figured it was --
573
00:27:25,354 --> 00:27:29,034
it was for the best,
especially for the kids.
574
00:27:29,028 --> 00:27:35,268
We will now be known
as Stephanie and Mark Mack.
575
00:27:35,274 --> 00:27:37,124
Why would you do that?
576
00:27:37,116 --> 00:27:40,236
Because I can't be
a Madoff anymore.
577
00:27:41,991 --> 00:27:44,241
[ Telephone rings ]
578
00:27:44,243 --> 00:27:47,553
Hello, Ed.
579
00:27:47,546 --> 00:27:49,996
ED: So, you won.
580
00:27:49,999 --> 00:27:51,789
You're the hero.
581
00:27:53,552 --> 00:27:55,852
Well, I don't feel
like a hero.
582
00:27:55,845 --> 00:27:59,055
I feel horrible
for every single person
583
00:27:59,058 --> 00:28:00,888
involved with this thing.
584
00:28:00,890 --> 00:28:04,560
Well, hopefully that's gonna
change, thanks in part to you.
585
00:28:06,605 --> 00:28:08,515
Nothing's gonna change, Ed.
586
00:28:10,019 --> 00:28:13,069
The SEC's gonna go right on
doing what it's doing
587
00:28:13,072 --> 00:28:15,442
and nothing short
of a revolution in the street
588
00:28:15,444 --> 00:28:16,704
is gonna change anything.
589
00:28:16,695 --> 00:28:19,655
I'm glad you finally got
what you wanted, Harry.
590
00:28:19,658 --> 00:28:21,818
It's made you
so much happier.
591
00:28:21,821 --> 00:28:23,911
[ Chuckles ]
592
00:28:36,715 --> 00:28:39,095
Can you imagine?
They offered me a deal.
593
00:28:39,098 --> 00:28:41,338
So I told them,
I ain't rolling over.
594
00:28:41,340 --> 00:28:42,800
Ain't no way.
595
00:28:42,802 --> 00:28:45,682
There's guys out there doing
worse things than we ever did.
596
00:28:45,684 --> 00:28:48,564
We can fight through this,
Bernie. I got faith.
597
00:28:48,557 --> 00:28:50,937
Besides, we never had that
fishing day on my boat.
598
00:28:50,940 --> 00:28:52,020
Shut up!
599
00:28:52,021 --> 00:28:54,611
There's no play here,
Frank.
600
00:28:54,613 --> 00:28:56,203
Get out.
601
00:28:56,195 --> 00:28:58,065
Save yourself.
602
00:28:58,067 --> 00:29:00,987
And, Frank,
I never liked fishing.
603
00:29:00,990 --> 00:29:04,320
It was just an act
I put on for my kids.
604
00:29:14,293 --> 00:29:18,803
FRANK: From approximately April
of 1986 until December, 2008,
605
00:29:18,798 --> 00:29:21,928
I directly participated
in Mr. Madoff's scheme
606
00:29:21,931 --> 00:29:24,931
to defraud his investment
clients of billions of dollars.
607
00:29:24,934 --> 00:29:27,394
Also directly involved
were my colleagues
608
00:29:27,386 --> 00:29:29,516
Annette Bongiorno
and Jodi Crupi.
609
00:29:29,518 --> 00:29:32,938
In addition, the Director of
Operations and several others,
610
00:29:32,942 --> 00:29:37,072
all of whom worked with me
on the firm's 17th floor...
611
00:29:37,066 --> 00:29:39,156
had roles in the fraud.
612
00:29:39,158 --> 00:29:42,158
And you never made
one trade?
613
00:29:42,161 --> 00:29:46,251
The day I make a trade,
you'll be the first to know.
614
00:29:46,245 --> 00:29:48,905
I had the use of a corporate
credit card,
615
00:29:48,908 --> 00:29:51,578
which I used to charge
personal expenses,
616
00:29:51,580 --> 00:29:53,870
including plane tickets
for my son
617
00:29:53,873 --> 00:29:56,053
and his fraternity
brothers...
618
00:29:56,045 --> 00:29:58,295
NEWSCASTER: Bernard Madoff
awaits judgment this morning
619
00:29:58,297 --> 00:29:59,507
in U.S. District Court
620
00:29:59,508 --> 00:30:02,258
for running the largest
and longest-running
621
00:30:02,261 --> 00:30:04,591
financial scam in history.
622
00:30:04,593 --> 00:30:06,643
[ Gavel banging ]
623
00:30:10,980 --> 00:30:16,200
Your honor, I cannot offer you
an excuse for my behavior.
624
00:30:16,195 --> 00:30:19,645
How do you excuse betraying
thousands of investors
625
00:30:19,648 --> 00:30:21,318
who entrusted me
with their life savings?
626
00:30:21,320 --> 00:30:24,320
The financial devastation
can easily be defined,
627
00:30:24,323 --> 00:30:28,083
but the emotional, spiritual,
and psychological devastation
628
00:30:28,077 --> 00:30:29,157
is indescribable.
629
00:30:29,158 --> 00:30:32,828
I sat in limbo for weeks,
for months.
630
00:30:32,831 --> 00:30:34,661
First, trying to figure out
631
00:30:34,663 --> 00:30:37,633
how we were gonna help
over 1,100 people.
632
00:30:37,626 --> 00:30:40,216
Another year or two
with my savings,
633
00:30:40,219 --> 00:30:42,299
and then I'm just a pauper.
634
00:30:42,301 --> 00:30:45,051
Wherever it goes from there,
I don't know.
635
00:30:45,054 --> 00:30:47,184
People have accused me
of being silent
636
00:30:47,176 --> 00:30:49,596
and not being sympathetic.
637
00:30:49,598 --> 00:30:52,808
That is not true.
638
00:30:52,811 --> 00:30:55,311
When my company was sold,
639
00:30:55,314 --> 00:30:58,654
I just cashed it all in,
and I gave it all to Bernie.
640
00:30:58,647 --> 00:31:01,237
And I always make a joke.
641
00:31:01,240 --> 00:31:04,440
I said, "That probably took him
on a vacation."
642
00:31:04,443 --> 00:31:09,203
We have, through the generosity
of friends, been able to stay...
643
00:31:12,291 --> 00:31:13,371
[ Sniffles ]
644
00:31:13,372 --> 00:31:15,042
My mom has already retired.
645
00:31:15,044 --> 00:31:19,594
This was going to cause
a 70% drop in income
646
00:31:19,588 --> 00:31:21,088
for the rest of her life.
647
00:31:21,090 --> 00:31:24,800
I would love to meet him,
tell him what I think of him,
648
00:31:24,803 --> 00:31:26,313
and spit in his face.
649
00:31:26,305 --> 00:31:29,005
I apologize to my victims.
650
00:31:29,008 --> 00:31:34,558
I will turn and face you.
651
00:31:37,856 --> 00:31:40,646
The things that matter, I have.
652
00:31:40,649 --> 00:31:43,859
And he can't take them away.
653
00:31:43,862 --> 00:31:45,692
He just needs to be put away.
654
00:31:45,694 --> 00:31:49,034
I mean, really, I would love
to see him with nothing.
655
00:31:49,028 --> 00:31:52,738
I have to wonder out loud,
though, so he goes to jail.
656
00:31:52,741 --> 00:31:54,951
He's gonna spend the rest
of his life in jail.
657
00:31:54,954 --> 00:31:57,844
Is that justice?
People's lives are ruined.
658
00:31:59,298 --> 00:32:01,708
NEWSCASTER:
His 150-year sentence
659
00:32:01,710 --> 00:32:05,670
virtually ensures he will spend
the rest of his life in jail.
660
00:32:05,674 --> 00:32:08,894
The judge said a message
had to be sent.
661
00:32:08,887 --> 00:32:11,507
NEWSCASTER #2: Ruth Madoff was
not in the courtroom today
662
00:32:11,510 --> 00:32:13,810
to say goodbye to her husband,
nor were his sons.
663
00:32:13,812 --> 00:32:16,322
The judge said he had not
received a single letter
664
00:32:16,315 --> 00:32:18,435
on Madoff's behalf
from family or friends,
665
00:32:18,437 --> 00:32:22,647
and even his own lawyer called
him a deeply flawed individual.
666
00:32:22,651 --> 00:32:25,441
As he walked out today,
I saw no tears in his eyes.
667
00:32:25,444 --> 00:32:27,244
And it seemed to me, Charlie,
668
00:32:27,236 --> 00:32:29,826
there was a distinct smirk
on his face.
669
00:32:45,004 --> 00:32:47,684
RUTH: Joanie?
It's Ruthie.
670
00:32:47,676 --> 00:32:51,506
You're the only person
that I -- I could call.
671
00:32:51,510 --> 00:32:55,680
'Cause all my friends
and my sons, they're just all...
672
00:32:55,684 --> 00:33:01,064
Look, you're still
my big sister, though, right?
673
00:33:02,101 --> 00:33:06,571
Joanie, I know that you lost
everything because of him,
674
00:33:06,565 --> 00:33:09,655
but look, I-I...
675
00:33:09,658 --> 00:33:11,198
Could I...
676
00:33:11,200 --> 00:33:12,870
Would you...
677
00:33:12,871 --> 00:33:15,241
I-I just don't have anyplace
else to go.
678
00:33:16,665 --> 00:33:19,245
And...
679
00:33:22,421 --> 00:33:24,791
Okay, thank you, okay.
680
00:33:29,508 --> 00:33:32,178
My first day inside was...
681
00:33:32,181 --> 00:33:35,341
Well, let's just say the stress
levels were incredibly high.
682
00:33:36,185 --> 00:33:38,345
Welcome home, Madoff!
683
00:33:38,347 --> 00:33:41,937
But then, suddenly, I was
deemed welcome to my new home.
684
00:33:41,940 --> 00:33:44,730
Hey, it's
the $50 billion man!
685
00:33:44,733 --> 00:33:47,863
INMATES: [ Chanting ]
Bernie! Bernie! Bernie!
686
00:33:47,856 --> 00:33:49,776
Bernie! Bernie! Bernie!
687
00:33:49,778 --> 00:33:54,028
In here, I was the guy
who stole $50 billion,
688
00:33:54,032 --> 00:33:56,752
the greatest thief in history.
689
00:33:56,745 --> 00:34:00,155
Bernie! Bernie! Bernie!
690
00:34:00,159 --> 00:34:01,619
[ Chuckles ]
691
00:34:01,620 --> 00:34:04,000
Well, that's some kind of
distinction, isn't it?
692
00:34:04,002 --> 00:34:07,552
[ Buzzer ]
693
00:34:18,307 --> 00:34:20,307
What?
694
00:34:23,852 --> 00:34:24,942
What is that?
695
00:34:24,943 --> 00:34:26,863
What is that?
Really?
696
00:34:26,855 --> 00:34:28,985
You're gonna pretend
you don't know her?
697
00:34:28,987 --> 00:34:30,897
Of course I know her.
That's the Hadassah lady.
698
00:34:30,899 --> 00:34:33,399
50 years of marriage,
everything you put me through,
699
00:34:33,402 --> 00:34:36,332
at least show me the respect of
not treating me like an idiot.
700
00:34:36,325 --> 00:34:38,655
Ruth, I-I really,
I don't have any idea
701
00:34:38,657 --> 00:34:40,327
what you're talking
about.
702
00:34:40,329 --> 00:34:41,619
So, you deny it.
703
00:34:41,620 --> 00:34:43,160
Of course I'm denying it!
704
00:34:43,162 --> 00:34:45,502
All the things
she should hate me for --
705
00:34:45,504 --> 00:34:47,014
the destruction
of our family...
706
00:34:47,005 --> 00:34:48,295
This is crap!
707
00:34:48,297 --> 00:34:49,877
...all the lives I've ruined...
708
00:34:49,878 --> 00:34:52,008
It's someone
looking for attention.
709
00:34:52,010 --> 00:34:53,130
I don't believe you.
710
00:34:53,132 --> 00:34:54,172
Ruth.
711
00:34:54,173 --> 00:34:55,513
I should leave you.
712
00:34:55,514 --> 00:34:58,184
I should let you rot in here,
you liar.
713
00:34:58,177 --> 00:35:02,017
...and the one thing
that gets her is this.
714
00:35:02,020 --> 00:35:03,680
You're right.
715
00:35:07,356 --> 00:35:09,566
I was with her.
I lied.
716
00:35:12,030 --> 00:35:15,490
But she was --
she wasn't you.
717
00:35:15,494 --> 00:35:20,084
I was always thinking about you
when I was with her.
718
00:35:20,078 --> 00:35:22,498
I don't know you.
719
00:35:22,501 --> 00:35:25,621
I never knew you.
720
00:35:30,839 --> 00:35:33,129
[ Buzzer ]
721
00:36:04,243 --> 00:36:06,503
[ Laughs ]
722
00:36:20,008 --> 00:36:22,218
If you'd have told me
that morning
723
00:36:22,221 --> 00:36:24,761
when the Feds first showed up
at my door
724
00:36:24,763 --> 00:36:27,653
that I'd be spending
the rest of my days locked up
725
00:36:27,646 --> 00:36:31,016
with a bunch of murderers,
thieves, and low-lifes,
726
00:36:31,019 --> 00:36:35,149
I would have sworn my last
happy day was behind me.
727
00:36:35,153 --> 00:36:36,823
But here's the thing.
728
00:36:36,815 --> 00:36:39,735
I used to wake up
sick to my stomach
729
00:36:39,738 --> 00:36:42,948
from carrying that secret
around with me.
730
00:36:42,951 --> 00:36:44,321
Down, down, down, down.
731
00:36:44,323 --> 00:36:47,333
And now,
I'm all out of secrets.
732
00:36:47,326 --> 00:36:50,456
For the most part,
I feel a hell of a lot better.
733
00:36:50,459 --> 00:36:52,999
Looks like you finally found
a full-time job.
734
00:36:53,001 --> 00:36:56,471
Yeah, it's good, man.
735
00:36:56,465 --> 00:36:57,505
It's been great.
736
00:36:57,506 --> 00:36:59,506
It's been great,
just the two of us.
737
00:36:59,508 --> 00:37:03,098
Yeah, with Steph
taking Audrey to Disney World,
738
00:37:03,101 --> 00:37:05,011
I just get some private time
with him.
739
00:37:05,013 --> 00:37:07,273
We can all come back
together recharged.
740
00:37:07,266 --> 00:37:08,646
Good.
741
00:37:08,647 --> 00:37:10,687
I wanted to tell you that I've
been thinking a lot recently
742
00:37:10,689 --> 00:37:12,059
about something
you said to me once.
743
00:37:12,060 --> 00:37:13,190
Mm-hmm?
744
00:37:13,191 --> 00:37:14,811
That the world
is never gonna believe
745
00:37:14,813 --> 00:37:16,533
that we weren't involved.
746
00:37:16,525 --> 00:37:19,355
And it just
sort of hit me.
747
00:37:21,069 --> 00:37:23,529
So what?
748
00:37:23,532 --> 00:37:25,282
Who cares
what the world thinks?
749
00:37:25,284 --> 00:37:28,254
Everyone that matters
knows the truth.
750
00:37:28,246 --> 00:37:31,126
The rest is just noise.
751
00:37:31,129 --> 00:37:32,539
Isn't it?
752
00:37:32,541 --> 00:37:35,581
Mark, I've been waiting for you
to say that for two years.
753
00:37:37,466 --> 00:37:39,296
Two years, yeah.
754
00:37:39,298 --> 00:37:41,378
Well, life doesn't
have to end, right?
755
00:37:41,380 --> 00:37:42,590
No.
756
00:37:42,591 --> 00:37:44,341
Cheers.
757
00:37:44,343 --> 00:37:45,723
Cheers.
758
00:38:21,680 --> 00:38:25,510
[ Laughs ]
759
00:39:34,623 --> 00:39:36,163
[ Baby crying ]
760
00:39:36,164 --> 00:39:38,554
NEWSCASTER: It was Mark Madoff's
life in privilege and luxury
761
00:39:38,547 --> 00:39:40,457
that also ended
two years ago today
762
00:39:40,459 --> 00:39:43,299
when his father was arrested
in the massive Ponzi scheme.
763
00:39:43,301 --> 00:39:45,841
And this morning,
Bernie Madoff's son
764
00:39:45,844 --> 00:39:50,144
apparently timed his suicide
to the very minute and hour
765
00:39:50,138 --> 00:39:51,968
of that anniversary.
766
00:39:51,970 --> 00:39:54,680
It may well have been
a message to his father.
767
00:40:24,753 --> 00:40:26,973
She never visited again.
768
00:40:26,965 --> 00:40:30,505
Never called, never wrote.
769
00:40:34,683 --> 00:40:39,523
My family, they are the only
victims that mattered to me.
770
00:40:39,518 --> 00:40:42,268
Everything I did
was for them --
771
00:40:42,270 --> 00:40:46,830
to protect them, to provide for
them, to give them everything.
772
00:40:46,825 --> 00:40:50,325
I'm never gonna get over
what I did to my family.
773
00:40:55,704 --> 00:40:57,844
But as for the rest of you,
774
00:40:57,836 --> 00:41:01,876
you who so badly want to see me
suffer for the rest of my days,
775
00:41:01,880 --> 00:41:04,250
in torment,
sorry to disappoint.
776
00:41:05,714 --> 00:41:09,054
You remember that smirk?
You know?
777
00:41:09,047 --> 00:41:12,587
The one that made
the whole world hate me?
778
00:41:14,723 --> 00:41:16,863
You want to know
what I was thinking?
779
00:41:16,855 --> 00:41:20,395
It wasn't that I was
above the law.
780
00:41:20,398 --> 00:41:23,518
Or that I was gonna
beat the rap.
781
00:41:23,522 --> 00:41:25,942
Or that I was better
than the rest of you.
782
00:41:25,944 --> 00:41:30,874
It was that at that moment,
I realized
783
00:41:30,869 --> 00:41:33,949
that I had actually
accomplished
784
00:41:33,952 --> 00:41:36,322
exactly what I set out to do
785
00:41:36,324 --> 00:41:39,504
all those years ago
in Laurelton, huh?
786
00:41:39,497 --> 00:41:42,997
Nobody would ever, ever,
anywhere,
787
00:41:43,001 --> 00:41:44,501
until the end of time,
788
00:41:44,502 --> 00:41:48,472
pity Bernie Madoff.
789
00:41:54,472 --> 00:41:57,522
♪♪
790
00:42:14,452 --> 00:42:17,502
♪♪
791
00:42:44,482 --> 00:42:47,532
♪♪
792
00:43:09,507 --> 00:43:11,547
♪♪
57967
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