Because I spent a good chunk of time working in the finance operations, I am very much fascinated by the Bernie Madoff story. For the life of me, I cannot see how he was able to operate his ponzi scheme for almost thirty years. I have been meaning to read the book by Diana Henrique about this case, and as it turns out, the screenplay of this is based on her book, and she even plays herself as the reporter granted an interview by Madoff inside prison.
Robert De Niro is brilliant as Madoff – he captures the calm insanity of a man who was able to dupe hundreds of people by having them invest money through his fund. I consider De Niro one of the three greatest living actors of this day, along with Mery Streep and Nora Aunor, but he does occasionally get lazy, as evidenced by some recent performances. But I bet this character inspired him, because he is on fire here. I especially like him in the later scenes, where you can see the almost relief that Madoff felt when he finally turned himself in. Michelle Pfeiffer is great, too, as a woman who had to choose between her children versus her husband. When Ruth loses everything she has towards the latter part of the film, the scream she utters is haunting.
I wish it had a little more detail about the case (I heard the ABC miniseries starring Richard Dreyfuss had more) but this film, directed by Barry Levinson, focuses more on how the family disintegrated after Madoff’s confession. I read that by now, most people with less than two million invested have gotten their money back, and the rest will get payout sixty five cents to their dollars. This movie shows some of the horror these people felt, but not enough.