The Human Toll of the Madoff-Scheme and of "Gilt by Association" to Bernie Madoff

New York Social Diary has quite a wide ranging and provocative account of the human toll for those who cast their lot with Bernie Madoff - with little locket sized photos of the all the former movers and shakers (now victims) and what all this "Madoff Scheme" (newsflash: Ponzi Scheme has been renamed, or surely ought to be) catastrophe (that term was used by Ezra Merkin in his confessional letter to investors) will cost them in social capital. David Patrick Columbia's assessment: it is substantial.

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