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You Can’t Make This Up

Madoff: The Monster of Wall Street

You Can’t Make This Up

Netflix

True Crime, Documentary, Tv & Film, Society & Culture, Film Interviews

4.21K Ratings

🗓️ 11 January 2023

⏱️ 35 minutes

🧾️ Download transcript

Summary

In this episode of You Can't Make This Up, we are talking about the Netflix documentary series “Madoff: The Monster of Wall Street," out now on Netflix. Host Rebecca Lavoie interviews director Joe Berlinger. Bernie Madoff was considered an elder statesman of the stock market, but hidden away from his legitimate securities firm, he was running an unregulated hedge fund. But it was all a Ponzi scheme swindling investors out of $64 billion. “Madoff: The Monster of Wall Street” chronicles the rise and fall of a stock market giant. It also exposes the many missed opportunities to protect his victims and discover his scam. SPOILER ALERT! If you haven't watched “Madoff: The Monster of Wall Street" yet, make sure to add it to your watch-list before listening on.

Transcript

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0:00.0

I'm Rebecca Lervoy and this is You Can't make this up is the podcast where we uncover the true stories behind

0:18.8

your favorite Netflix documentaries and films.

0:21.9

On today's episode, we take a closer look

0:24.6

at the Netflix documentary series,

0:26.8

Made Off the Monster of Wall Street.

0:30.1

People think they know this story.

0:32.1

They think it's a story about one man, but when you pull back the

0:36.8

curtain, it's actually about so much more. Today we're talking to Director Joe Burlinger.

0:43.0

Bernie Madoff was considered an elder statesman of the stock market,

0:47.0

a pioneer of electronic trading, and a steady hand during times of economic crisis.

0:53.6

But hidden away from his legitimate securities firm,

0:56.5

Madoff was running an unregulated hedge fund

0:59.2

for exclusive high-end investors who enjoyed consistently high returns.

1:05.3

But it was all a Ponzi scheme and those investors were swindled out of tens of billions of

1:10.7

dollars.

1:11.7

Madoff, the monster of Wall Street, chronicles the rise and fall of a stock market giant.

1:18.1

It also exposes the many missed opportunities to

1:25.0

the the SEC with 29 red flags.

1:31.0

Now these are not innuendos. Everything was delineated point by point, but they ignored it.

1:35.0

And I'm joined by Director Joe Burlinger.

1:39.0

Joe, welcome back to you can't make this up.

1:41.0

Thanks for having me again. Great to talk to you once again. As a director how did you think

...

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