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Matt Weinstein Gets Owned By Madoff: What Bernie Madoff Couldn’t Steal From Me

I was on vacation on a Russian Icebreaker in Antarctica when I got a page to go up to the bridge for a satellite phonecall.

We both felt incredibly anxious inside and fearful about the future.

After a few minutes one of us had the presence of mind to say, “You know what—we are no longer the kind of people who can afford to talk on the satellite telephone at $10 a minute!” So we hung up.

A wave of fear washed over me when I hung up the phone.


Shortly after I returned from Antarctica, Geneen and I went to a dinner party for friends of ours who had all invested in Madoff— actually I shouldn’t call it a dinner party, it certainly did not feel like a party— it was more like a wake, or at any rate, a potluck support group with lots of food.

I remember thinking to myself, “Well, I have certainly learned a lot from this experience, but I definitely wouldn’t mind having some of the money back, too!”

But I’ve been slowly starting to understand what they meant—that there are things in life that are more valuable than money. And one of those things for me is the very strong sense of community that has developed among the Madoff investors.

Some genuine “wealth” in our lives is always created when we reach out to each other, when we make connections with each other, when we form a community together in times of crisis.

And that kind of wealth does not decrease in difficult economic times— if anything, it increases.

All of which is not meant in any way to justify Madoff’s monstrous actions.


Life isn’t about the day you die; it’s about making money every second till you’re arrested.


Life isn’t about the day you die; it’s about making money every second till you’re arrested.

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