Random House quick to print Ponzi schemer
Barely a week after the arrest of Bernard Madoff, alleged mastermind of history’s largest Ponzi scheme, Random House has bought a proposal for a book about his rise and fall.
Richard Behar, a 25-year vet who has been a staffer at Time, Fortune and Forbes, will make Madoff the subject of his first book. Random plans to publish it in 2010.
Behar’s investigative work has garnered major awards such as the Daniel Pearl, Loeb, Polk and National Magazine nods. He has also contributed to several broadcast outlets. In 2005, he launched Project Klebnikov, a global media alliance aiming to shed light on the murder in Moscow of Forbes editor Paul Klebnikov.