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Sitting Shiva In FL


At The Breakers, in Palm Beach, the ten-thousand-dollar-a-week cabanas were all booked, but a guest there said the atmosphere was grim. "It's like everybody's in mourning," he said, referring both to Bernie Madoff's victims and to the people whose stock portfolios had merely taken a dive. "It's like a member of the family has died, and its name is Money." A new poolside pastime had emerged, in place of canasta: calling a friend over and showing him a stack of account statements from Bernard L. Madoff Investment Securities--the now worthless things touting those steady ten- to fifteen-per-cent returns--and asking, "What did I miss?"

Family Jewels [New Yorker]