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These are the user uploaded subtitles that are being translated: 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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