You had a lot of novice investors who got into the market looking for easy money, without any regard to the fundamentals. These stocks were running o…

- Bernard Madoff

The nature of any human being, certainly anyone on Wall Street, is 'the better deal you give the customer, the worse deal it is for you'.

- Bernard Madoff

Today, basically, on Wall Street, the big money is made by taking risks.

- Bernard Madoff

The whole government is a Ponzi scheme.

- Bernard Madoff

All one great big lie.

- Bernard Madoff

In today's regulatory environment, it's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not…

- Bernard Madoff

Wall Street is one big turf war. By benefiting one person you are disadvantaging another person.

- Bernard Madoff

The person that is buying a share of stock is convinced he knows something that the other person who's selling it to him does not know. There's no ze…

- Bernard Madoff

It's a proprietary strategy. I can't go into it in great detail.

- Bernard Madoff