Madoff's wife had 'no idea' of scam
When her world came tumbling down, Ruth Madoff was taken completely by surprise. In fact, after her husband, Bernie, revealed that his financial empire had been built on an elaborate fraud, she looked him in the eye, and asked: "What's a Ponzi scheme?"
Claiming that she had "no idea" of the $60bn scam, Mrs Madoff said that she nonetheless blames herself for failing to see through the elaborate lies of the man with whom she had shared her life for half a century.
"I can't explain it. I mean, I trusted him," she said, in her first interviews since the spectacular collapse of the family investment house just before Christmas 2008. "Why would it never occur to me that it wasn't legal? There was nothing that would ever make me suspect."
She initially remained in contact with Bernie, who is now serving a 150-year prison sentence for fraud. "I come from a generation where marriage meant staying put, for better or for worse. This was agonising, but I couldn't abandon the man with whom I spent essentially my entire life."
But Mrs Madoff decided to sever ties a year ago, after the suicide of their son, Mark. She blames herself for his death, saying Mark was deeply upset by the fact that she refused to estrange herself from her disgraced husband.
"I just wish, until my dying day, that I had done what [Mark] wanted," she says. "I don't know if it would have made a difference or not, but... if I had tried, I would have felt a little better. It's the most awful thing that can happen to anybody, the suicide of a child."
- 2 Smartphones are making children borderline autistic, says psychiatrist
- 3 Why this father didn’t hide his daughter’s heroin overdose in her obituary
- 4 Company breaks open Apple Watch to discover what it says is 'planned obsolescence'
Smartphones are making children borderline autistic, says psychiatrist
Nepal earthquake: More than 1,100 killed across four countries and in Mount Everest avalanche
Nepal earthquake: The race is on to help thousands trapped under rubble around Kathmandu, while remote villages face a long wait for help
Royal baby: Live updates as superbug closes ward at St Mary's Hospital where Duchess of Cambridge is due to give birth
Teaching profession headed for crisis as numbers continue to drop and working lives become 'unbearable'
The sickening truth about food banks that the Tories don't want you to know
General Election 2015: Chuka Umunna on the benefits of immigration, humility – and his leader Ed Miliband
Migrant boat disaster: Ukip candidate mocks victims in sickening Twitter post
Nigel Farage wants the BBC to stop making programmes like Doctor Who, Strictly Come Dancing, and Top Gear
Global warming: Scientists say temperatures could rise by 6C by 2100 and call for action ahead of UN meeting in Paris
General Election 2015: Britain would become a 'communist dictatorship' under Ed Miliband and Nicola Sturgeon, claims wife of Michael Gove
£26000 - £28000 per annum + benefits : Ashdown Group: Senior Accounts Assistan...
£24000 - £26000 per annum + benefits : Ashdown Group: A highly successful, glo...
£22000 - £40000 per annum: Recruitment Genius: This company is part of a Group...
£16000 - £18000 per annum: Recruitment Genius: Are you a a young, dynamic pers...