Unfortunately For Shana Madoff, Ponzi Is Not An Italian Shoe Designer

by Stanely Stuyvesant · December 19, 2008

Shana MadoffWe had to dust off the archives to bring you this blast from the past.  A 2004 NYMag profile of Shana Madoff, daughter of $50 billion dollar confidence man Bernard Madoff, and her brand loyalty to designer Narciso Rodriguez.  Some of the quotes simply need to be reprinted, including this one:

"'I just thought it was plain and chic. And for me, that’s the trick. I have to know that I can buy it and be able to put it on in three years.'”

Um, why what happens in three years?  Was this a portend to the future?  Chic during opulence, plain for post fraud fallout?  Should the SEC have picked up on this obvious Freudian slip or taste?

Too many questions but perhaps we'll find the answer in the quotes below after the jump...

"'If I see something I like, I call around,' explains Madoff, a securities lawyer. 'I just don’t have time to shop. I get a little bit aggravated when I go into a store because I could be doing so many other things that are so much more productive.'"

Hmmm...productive?  Like what?

"She can be quite determined about getting certain items. Last summer...she stumbled across a tweed Prada bag she knew would go perfectly with her Rodriguez basics. She left her friends and walked down the beach saying she had 'to make an important phone call.'

Interesting...smells of deceit.  But then...

"She ordered the bag on her cell phone. When it arrived two days later, she came clean to her boyfriend. 'That was my important phone call!'"

Well at least she came clean about something!

Topics