The Wizard of Lies Page #2

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- Yeah, the office is on a separate floor.

- The 17th floor.

- It's always seemed successful.

- A ton of clients, I think.

- Hedge funds. - I know he'd even

turn people away sometimes.

- But all the trades... - Yeah, the trades

go through European counterparties.

That's why he has

the London office.

And then upstairs on the

19th floor is market making.

- Which is where we work.

- These are not my immediate concerns.

But if he plans

to spend the week

distributing his ill-gotten gains

amongst his relatives,

employees, his friends,

then this is not over.

This is a crime in progress.

So what are you saying?

We have to turn him in?

You don't turn him in.

You're an accomplice.

Yeah?

Okay, it's all fine.

Yep.

Who is it?

The FBI is here.

I know why you're here.

Well, we're here

to find out

if there's

an innocent explanation.

There is no innocent

explanation.

Is there someplace

we can talk privately?

In there.

He said he'd been

operating a Ponzi scheme

since the 1970s.

He was so matter-of-fact

about it.

He wasn't nervous,

he wasn't afraid.

He was just very casual.

Well, sir, he claims

to have acted alone.

Yes, sir.

I'll bring him in.

Hi, it's Ruth.

Are the boys there?

They're not there.

He won't be

coming in today.

Sir, you're gonna have

to remove your belt,

your shoelaces, your tie,

and any jewelry.

- This?

- Yep.

Credit card, cash,

anything in your

pockets, sir.

Turn around,

please, sir.

Hands behind your back.

Palms together.

Put that stuff away.

And call Ike Sorkin.

What happened on the night

of December 9, 2008?

My brother told me

that his investment

advisory business

was a Ponzi scheme.

And what was your reaction

to hearing that Mr. Madoff

was operating

a Ponzi scheme?

Well, I was

in total shock.

In your first interview

with the government,

you stated that

you idolized your brother.

- Is that correct?

- Yes, and that's correct.

Why did you idolize

your brother?

Well, because

he was brilliant.

Everywhere you go,

people talked about Bernie.

He was a true pioneer.

Everyone in the industry,

including the highest-ranking

officials at the SEC,

believed

that my brother was

one of the most honorable

and successful traders

of our time.

Nobody believed that

more than I did.

I revered him.

I trusted him implicitly.

- Sorkin.

- Ike, it's Bernie.

Uh, I'm down

at FBI headquarters

handcuffed to a wall.

Bernie, don't say

another word.

We arrested him

this morning.

Was he okay?

I put the cuffs

on him myself.

He went quietly

as though he expected us.

To be honest,

he looked relieved.

You did

the right thing, son.

Turn to the right.

Yeah, the FBI

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