Ruth Madoff, Pariah


Ruth Madoff’s new life…  Part of the problem, most people seem to agree, is that she’s acting like she knew all along.  And then there’s the rest of the problem.

Lynnley Browning, The New York Times: 

SHE used to get foil highlights every six weeks — her shade is Soft Baby Blonde, and she was religious about colour — but the last time she called her Manhattan salon, Pierre Michel on East 57th Street, she was told not to return. “I understand,” she said, according to the salon’s co-owner.

The Amagansett florist who decorated her husband’s annual corporate party in Montauk with lismachia, Queen Anne’s lace and thistles has banned her as a client, saying she will not associate with the wife of one of history’s most notorious financial scoundrels.

Even her sons, Mark and Andrew, who have not been charged by prosecutors but are banned by their lawyers from contact with their parents, have begun to refer to “mum” and “Dad” as “Ruth” and “Bernie,” according to family friends.

Keep reading >

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at