Bernie Madoff | Sins of the Father | 1
American Scandal
Audible
4.5 • 19.6K Ratings
🗓️ 16 February 2021
⏱️ 44 minutes
🧾️ Download transcript
Summary
Bernie Madoff is young and broke. And he's hungry for a big paycheck. So he sets out for Wall Street. But a market crash forces him to make a difficult decision, one that will haunt him for years.
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Transcript
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| 0:00.0 | Hey, Prime Members, you can listen to American Scandal add-free on Amazon Music, download the app today. |
| 0:07.0 | It's March 12, 2009 in downtown Manhattan, a crowd of people surrounds a federal courthouse with police officers standing by their hands on their radios. |
| 0:30.0 | Journalists and members of the public gather behind a safety rail. |
| 0:34.0 | A car pulls up in front of the courthouse and parks. |
| 0:37.0 | Suddenly, the crowd begins to murmur, photographers raise their cameras and when the door to the car opens, a man with silver hair and a dark suit steps out. |
| 0:47.0 | It's Bernie Madoff, and by now he's used to the feeling of people gulking. |
| 0:52.0 | It's not just that Madoff is one of the richest men in the world or a legend on Wall Street. |
| 0:57.0 | Madoff has been making international headlines recently for other reasons. |
| 1:02.0 | Three months ago, he was arrested and charged with committing one of the largest acts of fraud in the history of finance. |
| 1:09.0 | The newspapers have made him to look like a monster and as Madoff walks up the stairs and into the courthouse, he knows that today the public is hungry, but he isn't going down without a fight. |
| 1:20.0 | He believes that there is still a chance he could walk away a free man. |
| 1:24.0 | Madoff enters courtroom 24b and takes a moment to compose himself. The air is hot and stuffy, but Madoff tightens his tie, butthons his jacket. |
| 1:34.0 | He knows he has to be poised and collected no matter how scared he actually feels, because soon he's going to make a statement that will change the course of his trial. |
| 1:47.0 | Madoff walks over to the defendants table and takes a seat. |
| 1:51.0 | Soon, a courtroom door opens and the judge enters in a flowing black row. |
| 1:57.0 | The room falls silent as the judge makes his way up to the dais. |
| 2:01.0 | The court will now hear from Orin Ebel. |
| 2:05.0 | Madoff wins his and glances right. He sees a 60-year-old woman approaching the stand. |
| 2:11.0 | She's wearing a cheap, purple suit and looks worn down. |
| 2:14.0 | This is bad news for Madoff. |
| 2:16.0 | He hoped that today he'd get the chance to just enter his plea and make himself look like a decent person, someone who shouldn't go to prison. |
| 2:24.0 | But with this move, the judge has now allowed witnesses to give testimony before Madoff speaks. |
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