Wednesday, March 21, 2012
Madoff 'desperately disappointed' no trial
By Adam Rubin
Diane Henriques, author of the Bernard Madoff book "The Wizard of Lies," told CBS News that Madoff was "desperately disappointed" that one-time good friend Fred Wilpon did not take the lawsuit against him to trial.
The Wilpons settled for $162 million, but will never have to pay a figure close to that sum.
"He wrote me last weekend that he was so looking forward to that trial," Henriques told the network. "He was hoping that the Mets' defense would make the case he was making to me that they had no reason to doubt Madoff."
Henriques said an email from Madoff to her called trustee Irving Picard, the man who sued Wilpon on behalf of net losers in the Ponzi scheme, derogatory terms.
"He calls Picard a fool, an amateur, says he doesn't understand the market, says he never understood the market, that he's just lost on Wall Street," Henriques told CBS.