Lessons of Madoff and Lay: Never Spurn the Secretary

From unwary assistants to Madoff and Enron's Ken Lay, among others, a wealth of inside dirt.

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That was made clear to me in August 2002. Just a few days before the final draft of Pipe Dreams was going to be sent to the printer, Wadle called me. "Have you finished the book?" she asked. When told that it was just about to go to the printer, she told me she no longer wanted to remain anonymous. "I want my name in the book. I want the Lays to see my name." I happily complied.

Given the many mega-fraud investigations that are now underway—Allen Stanford, Marc Dreier, Madoff, to name just a few—expect more secretaries to come forward. Beware of a woman scorned.

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Robert Bryce's latest book is Gusher of Lies: The Dangerous Delusions of "Energy Independence".