Photo: CBS 60 Minutes
Infamous Ponzi schemer Bernie Madoff’s wife Ruth and their son Andrew Madoff and his fiance Catherine Hooper sat down with 60 Minutes for an interview promoting the family authorised autobiography “Truth And Consequences.”The book, written by Laurie Sandell, hit bookshelves today. The 60 Minutes interview provides a sneak peak into some of the details of the book.
What’s interesting is that even after Bernie was arrested and sentenced to 150 years in federal prison for orchestrating the largest financial fraud in history, Ruth has never officially left the marriage.
Ruth met Bernie in 1954 in Queens, New York.
“I just saw him and I was sort of swept away, I think,” she told 60 Minutes.
She married him when she was just 18. During the marriage, they had two sons — Mark and Andrew.
His Ponzi scheme and the events following took a toll on the Madoff family. Last year, the younger Madoff son, Mark, took his own life in a suicide.
Ruth blamed herself for her son’s suicide because she didn’t cut off contact from her husband Bernie, the 60 Minutes transcript said.
“I just wish, until my dying day, that I had done what he wanted. I don’t know if it would have made a difference or not, but if I could change things, at least if I had tried, I would have felt a little better. I don’t know if it would have mattered. It’s the most awful thing that can happen to anybody. Suicide of a child,” she told 60 Minutes.
Immediately following Mark’s suicide, Ruth cut off all contact from Bernie, who is currently serving his sentence in Butner, North Carolina. She no longer speaks with him or visits.
Ruth, who now lives in a 3 bedroom apartment in South Florida, has not divorced Bernie.
“I don’t know. It doesn’t matter to me– he’s gonna die in prison. I certainly don’t wanna find another man these days,” she said.