Diana Henriques on Reputation Laundering
Bribe, Swindle or Steal
Alexandra Addison-Wrage of TRACE International
4.9 • 582 Ratings
🗓️ 9 July 2025
⏱️ 20 minutes
🧾️ Download transcript
Summary
Diana Henriques, award-winning journalist and author, discusses the traits of fraudsters and the menace of reputation laundering.
Transcript
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| 0:00.0 | Welcome back to the podcast, Brib, Swindler, Steel. I'm Alexandra Ragi. For today's podcast, we get to |
| 0:12.5 | listen in on Diana Enrique's remarks at the Trace Prize for Investigative Reporting in Vancouver |
| 0:17.9 | in June. Diana is an award-winning journalist and contributing writer at the New York Times, |
| 0:23.6 | author of several books including The Wizard of Lies about Bernie Madoff, |
| 0:27.3 | and Taming of the Street about FDR's fight to regulate American capitalism. |
| 0:32.2 | Diana is also the chair of the judging committee for the Trace Prize, |
| 0:35.5 | for which we are very grateful. |
| 0:37.6 | Over to Diana. |
| 0:38.9 | I began my career as a journalist more than 50 years ago. |
| 0:43.9 | And when I started as an investigative reporter, I'll be candid. |
| 0:48.5 | The biggest risks we faced were a lack of sleep and paper cuts. |
| 0:52.4 | And hearing the stories that we've heard this morning and hearing and seeing the courage |
| 0:57.6 | of the journalists this morning is awe-inspiring to me. |
| 1:02.8 | So from the heart, thank you for what you do. |
| 1:09.7 | So let me take off my journalist hat for a moment and put on my historian's hat and perhaps |
| 1:15.3 | give our hearts a little bit of a break by taking us out of this heart-wrenching present and a bit into |
| 1:22.2 | the past. To paraphrase the great Dickens, to begin with, |
| 1:27.7 | Bernie Madoff was reputable. |
| 1:30.3 | He ran a highly successful, innovative brokerage firm. |
| 1:33.6 | He was an advisor to Wall Street and Washington. |
| 1:37.1 | He hosted industry parties, served on important committees, |
| 1:41.2 | and made large charitable gifts. |
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