Madoff's Secretary Spills

And spills, and spills...

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Vanity Fair goes for broke with a 9,000-word story co-written by Bernie Madoff's long-time secretary Eleanor Squillari. According to juicy bits teased by VF, Bernie was sorta sleazy. The lowlights:

On his personality:

The way Madoff handled stress was “by saying something nasty: You look terrible. You’re gaining weight. You’re stupid. I never took anything he said to me personally, because I knew it wasn’t about me, it was about him.”

On his seamy side:

“Bernie was irresistible to women” and “had a roving eye.” Squillari once caught him perusing the escort ads in the back of a magazine, and he frequently visited massage parlors. “Once, I looked in his address book and found, under M, about a dozen phone numbers for his masseuses. ‘If you ever lose your address book and somebody finds it, they’re going to think you’re a pervert,’ I said.”

The only real bit of important (rather than salacious) news is when Squillari hints Madoff's wife, Ruth, had a close relationship with the company. Have to say, I'm a little disappointed in the guy. Madoff acting like a bad stereotype of a Wall Street villain (complete with the tawdry harassment details) actually makes the story less interesting. You expect the guy behind such a huge scheme to be sleazy. Wasn't it even weirder when he was just a button-down billionaire faking his way through decades of fraud using only his wits and a 20-year old computer?

  • Kirk Shinkle

    Kirk Shinkle is a senior editor for U.S. News Money and manages the Best Funds portal. Follow him on Twitter @KirkS or email him at kshinkle@usnews.com.

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