Understanding Bernie Madoff’s legacy with Diana B. Henriques

Bernie Madoff, architect of the largest Ponzi scheme in American history, died on Wednesday in federal prison, 11 years into his 150-year sentence.  Dan digs into Madoff’s crimes, what they revealed about our financial system and what changed after the scheme came crashing down with Diana B. Henriques, author of the Wizard of Lies: Bernie Madoff and the Death of Trust.

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Each weekday afternoon, Axios unpacks the biggest story of the day and why it matters. We'll take you inside the accelerating forces, technologies and trends that are remaking your world and work. About Axios: Axios is a digital media company launched in 2017. Axios - which means “worthy” in Greek - helps you become smarter, faster with news and information across politics, tech, business, media, science and the world. Subscribe to our newsletters at axios.com/newsletters and download our mobile app at axios.com/app.  Axios Re:Cap is on hiatus until October 2021.