The Wizard of Lies

Last updated
The Wizard of Lies
The Wizard of Lies.jpg
Television release poster
Based onThe Wizard of Lies: Bernie Madoff and the Death of Trust
by Diana B. Henriques
Written by
Directed by Barry Levinson
Starring
Music by
  • Evgueni Galperine
  • Sacha Galperine
Country of originUnited States
Original languageEnglish
Production
ProducerJoseph E. Iberti
Cinematography Eigil Bryld
EditorRon Patane
Running time132 minutes
Production company HBO Films
Original release
Network HBO
ReleaseMay 20, 2017 (2017-05-20)

The Wizard of Lies is a 2017 American television biopic film directed by Barry Levinson and written by Sam Levinson, Sam Baum, and John Burnham Schwartz, [1] based on the 2011 non-fiction book of the same name by Diana B. Henriques. The film stars Robert De Niro as businessman and fraudster Bernie Madoff, Michelle Pfeiffer as his wife Ruth Madoff, and Alessandro Nivola as their older son Mark Madoff. It aired on HBO on May 20, 2017. This is the fourth film featuring De Niro and Pfeiffer, following Stardust (2007), New Year's Eve (2011) and The Family (2013), as well as their first collaboration for television.

Contents

Plot

Bernard Madoff founded his company on Wall Street in the early 1960s, which, over time, turned into one of the largest investment funds. Madoff had enjoyed a reputation as a successful and influential financier, broker, financial consultant, and generous philanthropist. He employs his sons, Mark and Andrew, and his wife, Ruth. In 2008, it became known that, over the past 16 years, his firm had run the largest Ponzi scheme in history. The resulting scandal lead to multibillion-dollar losses and the arrest of Madoff, who was later sentenced to 150 years in prison.

Lawyer Martin London, Mark Madoff's father-in-law, advises Bernie Madoff's sons to turn their father to the authorities.

Bernie Madoff admits to FBI agents that he had been operating a Ponzi scheme since the 1970s. In 2000, Harry Markopolos testified before the US House that he believed the Madoff's company was a fraudulent Ponzi scheme because the company's gains never fluctuated up and down.

In 2005, Madoff does not want to give investigators his Depository Trust Company (DTC) account number but complies with their request in an unsuspecting manner. Madoff explains that all the SEC had to do was to make a call to DTC to verify the supposed assets of his advisory business and they would have realised right there and then that there were in fact no assets held in the firm's DTC account and the entire operation was a fraud. No phone call from the SEC to DTC was made.

By the start of the 2008 Great Recession in the United States, numerous clients start pouring into Madoff's firm to withdraw their money. Madoff does not have the money to return, however, and realizes that his fraud will inevitably be exposed. He tells his wife and sons about the Ponzi scheme, and his sons are left with no choice but to turn him in. Madoff and his wife attempt suicide by taking Ambien, but fail to take a lethal dose.

Clawback suits are filed against Madoff's sons. Mark Madoff commits suicide, while Andrew dies of cancer. Before the latter's death, he says, "My father is dead to me." Ruth tells Madoff that she will no longer visit him and will no longer take his calls from prison. She wants a relationship with her son and blames him for Mark's death. While talking with a journalist in prison, Madoff refuses to take responsibility for ruining his victims' lives, even blaming them for "letting" him take advantage of them. He then asks, "Do you think I'm a sociopath?"

Cast

Production

On August 27, 2015 Michelle Pfeiffer and Alessandro Nivola joined the film to play wife Ruth Madoff and older son Mark Madoff, respectively. [1] On September 9, 2015 Hank Azaria joined the film as Frank DiPascali. [2] On September 10, 2015 Nathan Darrow, Kristen Connolly, Kathrine Narducci, and Steve Coulter were cast as Andrew Madoff, Stephanie Madoff, Eleanor Squillari, and Martin London, respectively. Diana B. Henriques was also cast as herself. [3] On 11 September 2015, Lily Rabe was cast as Catherine Hooper. [4]

Principal photography on the film began on August 31, 2015, in New York City. [5]

John Burnham Schwartz, Sam Baum and Sam Levinson were credited as the film's writers. [6] Diana Henriques’s The Wizard of Lies: Bernie Madoff and The Death of Trust, and Laurie Sandell’s Truth and Consequences: Life Inside the Madoff Family were credited as additional source material.

Reception

Critical response

On Rotten Tomatoes, the film has a rating of 73%, based on 52 reviews, with a weighted average rating of 6.5/10. The site's critical consensus reads, "The Wizard of Lies doesn't really shed much new light on its fact-based story, but thanks to solid direction and a talented cast, it still proves consistently watchable." [7] On Metacritic, the film has a score of 67 out of 100, based on 26 critics, indicating "favorable reviews". [8] The film has a three-star rating on the Roger Ebert website, with the reviewer praising De Niro's performance.

Ratings

The film's premiere drew 1.5 million viewers, making it HBO's largest premiere viewership for an HBO film in four years; additional replays and viewings through the network's streaming service brought the film's total viewers to 2.4 million for its premiere weekend. [9]

Awards and nominations

YearAwardCategoryNominee(s)ResultRef.
2017
Primetime Emmy Awards Outstanding Television Movie Jane Rosenthal, Robert De Niro, Berry Welsh,
Barry Levinson, Tom Fontana, Jason Sosnoff,
and Joseph E. Iberti
Nominated [10]
Outstanding Lead Actor in a Limited Series or Movie Robert De NiroNominated
Outstanding Supporting Actress in a Limited Series or Movie Michelle Pfeiffer Nominated
Primetime Creative Arts Emmy Awards Outstanding Casting for a Limited Series, Movie, or Special Ellen Chenoweth Nominated
Television Critics Association Awards Outstanding Achievement in Movies, Miniseries and Specials Nominated [11]
2018
American Cinema Editors Awards Best Edited Miniseries or Motion Picture for Television Ron PataneNominated [12]
Artios Awards Outstanding Achievement in Casting – Film – Non-Theatrical ReleaseEllen Chenoweth and Susanne ScheelWon [13]
Critics' Choice Television Awards Best Movie Made for Television Won [14]
Best Actor in a Movie Made for Television or Limited Series Robert De NiroNominated
Best Supporting Actress in a Movie Made for Television or Limited Series Michelle PfeifferNominated
Directors Guild of America Awards Outstanding Directorial Achievement in Movies for Television and Miniseries Barry LevinsonNominated [15]
Golden Globe Awards Best Actor – Miniseries or Television Film Robert De NiroNominated [16]
Best Supporting Actress – Series, Miniseries or Television Film Michelle PfeifferNominated
Producers Guild of America Awards David L. Wolper Award for Outstanding Producer of Long-Form Television Jane Rosenthal, Robert De Niro, Berry Welsh,
Barry Levinson, Tom Fontana, Jason Sosnoff,
and Joseph E. Iberti
Nominated [17]
Satellite Awards Best Motion Picture Made for Television Won [18]
Best Actor in a Miniseries or a Motion Picture Made for Television Robert De NiroWon
Best Actress in a Miniseries or a Motion Picture Made for Television Michelle PfeifferNominated
Screen Actors Guild Awards Outstanding Performance by a Male Actor in a Miniseries or Television Movie Robert De NiroNominated [19]
Writers Guild of America Awards Long Form – Adapted Sam Levinson, John Burnham Schwartz,
and Samuel Baum;
Based on the books:
- The Wizard of Lies by Diana B. Henriques
- Truth and Consequences by Laurie Sandell
Nominated [20]

Soundtrack

The Wizard of Lies (Music from the HBO Film)
Soundtrack album by
ReleasedMay 19, 2017 (2017-05-19)
Length38:18
Label Lakeshore Records

The Wizard of Lies (Music from the HBO Film) was released digitally May 19, 2017, the day before the film's premiere. [21]

No.TitleWriter(s)Length
1."The Wizard of Lies"Evgueni Galperine and Sacha Galperine1:56
2."A New Start"Evgueni Galperine and Sacha Galperine0:58
3."Ponzi Scheme"Evgueni Galperine and Sacha Galperine1:55
4."It's Not Enough"Evgueni Galperine and Sacha Galperine2:06
5."Nightmare"Evgueni Galperine and Sacha Galperine1:50
6."FBI"Evgueni Galperine and Sacha Galperine2:29
7."150 Years"Evgueni Galperine and Sacha Galperine3:14
8."The Club Colette Jam / Big Noise from Winnetka Medley"The Club Collette Band7:18
9."Doubts"Evgueni Galperine and Sacha Galperine1:04
10."Ruth Call"Evgueni Galperine and Sacha Galperine2:40
11."I Revered Him"Evgueni Galperine and Sacha Galperine2:31
12."I Have to Talk to You All"Evgueni Galperine and Sacha Galperine1:45
13."Losing It"Evgueni Galperine and Sacha Galperine2:08
14."The Pills"Evgueni Galperine and Sacha Galperine0:43
15."The Boys Wouldn't Sign"Evgueni Galperine and Sacha Galperine1:41
16."Make It Right"Evgueni Galperine and Sacha Galperine1:14
17."My Father Is Dead to Me"Evgueni Galperine and Sacha Galperine2:46

See also

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