Psychologizing Madoff
Psychologizing Madoff
Now that Adam Lebor has explained Madoff's motives, everything miraculously makes sense; nevertheless I wonder if there is a danger with this creepy trend of psychologizing every single thing and every single actor nowadays:

Madoff intentionally defrauded the Jewish establishment in what is known as an “Affinity Fraud”. This type of fraud targets the members of a specific religious or ethnic group, abusing the trust and acceptance of insiders to defraud other members. Madoff developed a sophisticated network of contacts across Jewish communal institutions including charities, schools, universities, synagogues, and country clubs and stole their money.
His gateway to plunder was the modern Orthodox Fifth Avenue Synagogue, home to one of the richest and most powerful congregations in America. That led him to Yeshiva University, where he was a valued member of various governing committees; the Ramaz day school; and numerous Jewish charities and foundations.
He even defrauded Elie Wiesel, the Nobel laureate and Holocaust survivor, of much of his personal wealth, and the assets of his charitable foundation. A century after Bernard Madoff’s grandparents stepped off the boat to be slighted by the Yekke establishment, Madoff the shtarker wreaked a revenge of almost biblical proportions.
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