Download e-book for kindle: Bernie Madoff and the Crisis: The Public Trial of Capitalism by Colleen P. Eren

By Colleen P. Eren

Bernie Madoff's arrest couldn't have come at a extra darkly poetic second. monetary upheaval had plunged the United States right into a horrid recession. Then, on December eleven, 2008, Madoff's $65 billion Ponzi scheme got here to mild. A father grew to become in through his sons; a son who took his personal lifestyles; one other son death and estranged from his father; a lady on the middle of a storm—Madoff's tale was once a media magnet, voraciously ate up via a justice-seeking public.
Bernie Madoff and the Crisis is going past in simple terms investigative money owed to envision how and why Madoff grew to become the epicenter of public fury and titillation. Rooting her argument in severe sociology, Colleen P. Eren analyzes media insurance of this landmark case along unique interviews with dozens of reporters and editors taken with the reportage, the SEC Director of Public Affairs, and Bernie Madoff himself.
Turning the replicate again onto society, Eren locates Madoff inside a broader reckoning approximately unfastened marketplace capitalism. She argues that our ideological and cultural trends to characteristic blame to individuals—be they regulators, sufferers, or "monsters" like Madoff—distracts us from extra systemic reviews. Bernie Madoff and the Crisis bargains clean perception into the 2008 obstacle, no matter if now we have come to phrases with it, and what we've got but to realize from the case of the century.

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Bernie Madoff and the Crisis: The Public Trial of Capitalism by Colleen P. Eren


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