BERNARD MADOFF: Don't push me.
MARTIN SMITH: How did he pull it off?
1st REPORTER: Mr. Madoff-
2nd REPORTER: How do you feel?
MARTIN SMITH: Who helped him?
3rd REPORTER: Are you sorry for what you did?
4th REPORTER: Mr. Madoff, what would you say to all those people that lost money, Mr. Madoff? What
would you say to them?
MARTIN SMITH: And when did it all begin?
PHOTOGRAPHER: Bernie! Hey, Bernie! Give me one nice shot, buddy. Bernie! Turn around, buddy. Come
on!
MARTIN SMITH: The year was 1960. Madoff had just graduated from Hofstra College and married his
high school sweetheart, Ruth Alpern. He was working out of her father's accounting firm in midtown
Manhattan. From there, he launched a career as a market-maker, matching buyers of stocks with sellers
on Wall Street.
DIANA HENRIQUES, The New York Times: He started this little stock trading firm, one of many in Wall
Street's outer fringes at that time, and slowly built it up, building up customers. It was kind of like a
wholesale firm.
KATHERINE BURTON, Bloomberg: He would actually pay clients such as Fidelity, Charles Schwab. He'd
pay them a penny a share to come and trade through him. So he saw lots of trading volume that way.