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Best-selling Writer 'Madoffed'
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by Ahmar Mustikhan | January 9, 2009 at 04:51 pm
67 views | 12 Recommendations | 2 comments
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Alexandra Penney, author of 'How to Make Love to a Man' is almost penniless: she is a victim of the Bernard Madoff scam. She now plans to begin writing from scratch.
She invested every penny with accused Ponzi-schemer Bernard Madoff. Penney thought she had weathered the bear market just fine, since Madoff put her money in super-safe Treasuries. Then, on December 11, she received a call from her best friend.
"She said, 'I hope this is a rumor, but I've just heard Bernie Madoff's been arrested,' " Penney recalls. "My other phone rang; it was my son. And he said, 'Mom, sit down.' He said, 'Bernie Madoff's been arrested.' And I said, 'For what?' And he said, 'He's a crook.' "
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Ahmar Mustikhan
Washington, District Of Columbia, United States
Most RecentMost Recommended Comments (2)
at 17:00 on January 9th, 2009
So sad - this man has just ruined so many lives. I hope that Alexandra can start over again.
at 00:54 on January 10th, 2009
I like how she talks. "Repulsive is mild. Loathsome. It's a visceral feeling. This is not humanity; this is not a human being. This is, again, it's a sociopath."
She has a blog, TheDailyBeast.com, it should be a good read.