Madoff’s Sexual Past Revealed In Excruciating Detail

Aug 20 2009 | 12:15pm ET

When it comes to convicted Ponzi scheme mastermind Bernard Madoff, the term “unfaithful” apparently doesn’t nearly do justice.

The $65 billion fraudster carried on a number of extramarital affairs, according to The Daily Beast, only one of which has so far been turned into a tell-all book. But another new book, Jerry Oppenheimer’s Madoff With the Money, backs up the Web site's claims.

“He had affairs in the office,” a female Madoff employee told Oppenheimer, according to the New York Post. “There were two women I know of. They were gorgeous. They were blond. They were young. They were like baby Ruths—the same type as Ruth, with the same hair color and eye color.”

But even that wasn’t enough for Madoff, who has been married to his wife, Ruth, for 50 years.

Madoff was also an aficionado of massage parlors, where, the Daily Beast reports, the masseuses would perform sexual favors for him. His long-time secretary, Eleanor Squillari, told Vanity Fair that his address book had about a dozen numbers for masseuses.

“He had a tremendous libido, like so many men in power,” the Daily Beast’s source said. “He told me Ruth just couldn’t satisfy it. I suppose no woman could.”

A tremendous libido, perhaps, but according to the whistleblower on Madoff’s infidelities, not much else earned the superlative.

Sheryl Weinstein, the jilted Madoff investor whose book promises to tell us more about the man than we ever wanted to know, tells us, well, more than we ever wanted to know.

“Bernie had a very small” you-know-what, she writes in Madoff’s Other Secret: Love, Money, Bernie, and Me, which is due to hit finer bookstores everywhere next week, a fact which “clearly caused him great angst.”

Despite that handicap, Madoff was “irresistible to women,” Squillari said. Which is just as well, because he, of course, “had a roving eye.”

Sheryl Weinstein's new book that details her affair with Madoff.Sheryl Weinstein's new book that details her affair with Madoff.

In Depth

Kettera Q&A: The Advantages of Alternative Investment Platforms

Oct 28 2016 | 5:52pm ET

The past several years have seen a distinct push towards easier and cheaper access...

Lifestyle

Midtown's Plaza District Fades As Manhattan Office Landscape Shifts

Nov 22 2016 | 6:32pm ET

Lower leasing costs, more efficient office space and the hope of projecting an image...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR