How Bernie Madoff Became the Wizard of Lies (with Diana Henriques)

The Stacking Benjamins Show

Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP

Personal Finance, Financial Planning, Education, Retirement, Investing, Cfp, Business, Money

4.4 • 2K Ratings

🗓️ 31 July 2017

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

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Summary

Bernie Madoff perpetrated the largest scam of investor money in history. How? Today we're thrilled to talk to the author of the book which HBO has now made into a four time Emmy-nominated film, The Wizard Of Lies," Diana Henriques. We'll discuss the scandal, her interactions with Madoff, and what we can learn from this tragedy. In our headline segment we ask the question, "What happens to your HSA during retirement?" Morningstar asked the same question in a recent article, and the guys review it and discuss many retirement options. We then turn to a recent survey by GenFKD about millennials and homes. Apparently many millennials would like to buy a home but they're fighting an uphill battle. We talk with David Grasso from GenFKD about their findings. We'll also throw out the Haven Life Line to Conrad, who's concerned about our new sponsor, and we'll answer a letter from the mailbag. Special thanks to M1Finance for sponsoring our show! We couldn't do any of this without the support of this awesome company. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:27.4	Limitations apply.
0:29.2	He got me invested in some kind of root company.
0:33.0	And so then I got a call from him saying we don't have to worry about money no more.
0:37.0	And I said, that's good.
0:40.0	One less than. Then.
1:05.2	Live from Joe's mom's basement hits the Stacking Benjamin show. Hey there money fans. I'm Joe's mom's neighbor duck and I can't tell you just how excited I am about today's show. All right I guess I just did any who we're
1:11.0	doing some cleaning and Joe's mom asked
1:13.3	mooa to clean the gutters.
1:15.5	More on that later, but hey, speaking of gutters,
1:18.0	let's talk about Bernie Madoff.
1:20.0	Today we're talking to Diana and Rie Rie the New York Times best-selling author of The Wizard of Lies about Bernie Madoff and his scandal.
1:29.0	You know, I don't know, I think that guy gets a bad rap Joe. seems like a straight shooter all right okay
1:34.1	fine I'll stick to the script anyway on today's show millennials want to buy a
1:39.0	house but statistics statistics that is hard to say statistics show that it's going to be an uphill battle saving for one.
1:48.0	Joining us from Jen F. K.D. to talk about it, we welcome David Grasso.
	...

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