I worry about the years, and questions, yet to come. Audrey doesn't remember her grandfather; Nick never knew him. I will tell them what he did to so many innocent people, and how he drove their father to his death.
Madoff lived high and mighty as a billionaire as long as he kept his Ponzi scheme afloat. Greenspan was revered as long as he kept the party going for the ultra-rich, as long as he kept one bubble after another inflated.
When hiring a financial adviser, there are three distinct pieces: the advice, the trading and the custodianship. In Madoff's case, he owned all three pieces, but in most firms, at least one of the pieces is handled separately.