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Scribe says, Watch your back, Bernard Madoff


By Gayle Fee and Laura Raposa with Simone Press, Boston Herald, January  14, 2009

Alleged socialite swindler Bernie Madoff, who continues to live in the lap of luxury while his victims fume, might be better off in jail.

Because as long as the accused chiseler is out walking the street, he might get shot!

So says Laurence Leamer, author of "Madness Under the Royal Palms: Love and Death Behind the Gates of Palm Beach."

Leamer, who has had an up-close look at the Madoff scandal and its effect on the uber-rich rubes, said Bernie’s victims reportedly include a laundry list of dangerous characters - any one of whom may want revenge on the alleged mastermind of the $50 billion Ponzi scheme.

"There’s a Russian oligarch who six months ago tried to get his money out and Bernie wouldn’t give it to him," he said. "There’s also a report that he had $300 million in Colombian drug money. You don’t want to irritate these people."

True dat.

Madoff is due in court in NYC today where the government will again try to lock him up while prosecutors investigate charges that he bilked scores of investors in a massive, decades-long scam.

Earlier this week, a federal magistrate refused to revoke the 70-year-old’s $10 million bail, enraging his alleged victims - many of whom are from the Boston area. The investors are outraged that Bernie is awaiting trial from the comfort of his $7 million Manhattan apartment, while they’ve lost their shirts.

Leamer, a former Boston resident who winters in Palm Beach, completed "Madness" before the Madoff scandal hit the headlines. It paints an ugly picture of the pampered Palm Beach set - "sad, angry, insecure and frequently nasty people hiding behind empty smiles, luxury cars and socially invisible servants," as Amazon.com described them.

"You read the book and see the inevitability of people like Madoff and how, in the climate of Palm Beach, someone like that can be nurtured," Leamer said.

The author added that the scandal has so rocked the exclusive haunt that it may never recover.

"You have to remember this is the second hit most of these people have taken. They’d already lost half of what they had in the stock market," Leamer said. "There is this billionaire I know who just gave an incredible party for 250 people, but he says he’s not doing that anymore. The elaborately constructed fantasy of this place is finished."

Leamer, who will be prominently featured in an upcoming ABC "20/20" piece on the Madoff scandal, will be back in town later this month at an oh-so-swish soiree at the Mandarin Oriental hotel to celebrate the publication of his new book, which hits stores Jan. 20.

The author of three previous books about the Kennedy clan, Leamer said he’s working on a final chapter for the paperback version of "Madness" about the Madoff mess.

"Somebody has to make money off of this," he joked.



Palm Beach social butterflies buzzing about tome

Palm Beach Post

Posted by Jose Lambiet | Busted, Cash, Island’s Finest, Parties, Scandals | Thursday 4 December 2008 11:51 am Print This Post

'Madness' is coming out Jan. 27.

Palm Beach is on edge.

No, it’s not the economy.

It’s just that best-selling author Larry Leamer’s book about wealth and loathing on The Island is about to hit the bookstores.

And in a place where one’s image often costs millions, there’s uneasiness about the book’s content – especially when it is penned by the man who deconstructed mercilessly Arnold Schwarzenegger in an much-talked-about 2005 biography.

“People come up to me in restaurants and ask me if they’re portrayed in a positive light,” Leamer says. “Some are, then some aren’t.

“Folks on the island obtained advance copies. I have no idea where they came from, but they’re being passed around.”

Madness Under The Royal Palms officially comes out Jan. 27. It’s Leamer’s 12th book. He’s also known for another bio of late-night TV pioneer Johnny Carson and a trilogy about the Kennedy family.

 

Leamer

Leamer

But on this millionaire’s playground that once served as winter home of the famous Democratic family, Madness is the buzz of the season.

“Social climbing is the only sport that if you get caught doing, you lose,” Leamer says.

And it so happens the book’s main theme is Palm Beach’s obsession with status and money.

Ever the clever marketeer, Leamer was playing it close to the vest Wednesday at lunch, mostly with details. He doesn’t want too much revealed just yet, but he leaked some things.

The book opens with scenes of a party for British royal Prince Edward at the home of socialites Barbara Wainscott and David Berger.

Several people at the party become the main characters.

And among them is Palm Beach Daily News gossip Shannon Donnelly. Leamer writes about how she went from a childhood in a law enforcement family in Newport, R.I., to becoming what he calls “one of the most powerful reporters in the country.”

“There’s the extraordinary irony with Shannon that the daughter of a cop became a social arbiter, a society cop. She makes or breaks people here.”

Some of his other characters included the beloved Buffalo, N.Y., steel heiress Cathleen McFarlane Ross, shipping heiress Liz Gillet and her former favorite walker, Peter Rock, society hostess Pauline Pitt and rich Brit Dame Celia Lipton Farris, whom he compares to Norma Desmond in Sunset Boulevard.

Leamer also makes a big deal of two murders. He spent more than 30 hours in jail with millionaire wife-killer Fred Keller, who recently died of cancer.

“I couldn’t read him,” Leamer said. “He was a true sociopath, just evil.”

And the other was committed by Sonny Peixoto, a penniless former Boston cop who became a fixture at society functions.

In 2007, Pexioto killed his galpal in his West Palm Beach garage apartment then jumped to his death from a high-rise on Flagler.

“Sonny wasn’t like Keller,” Leamer says. “He was more pathetic. Only in Palm Beach would he have been able to get into society like he did, just crashing.”

Leamer also looked at the emergence and influence on The Island of two minorities: Jews, who once lived in gilded “ghettos” while being banned from The Breakers and most country clubs; and gays, who were shunned by polite society.

What’s not in the book? Donald Trump.

“The publisher thought the guy is overexposed as it is,” Leamer says.

If Leamer moved about town painlessly during his research, it’s partly because he’s a local.

“I moved to Palm Beach (in a beach-front condo near Worth Avenue) in 1994 with the idea of writing this book,” Leamer said. “But I couldn’t figure this place out. I felt like I landed in the strangest, most exotic place designed to make people feel unwelcome.

“I just hope I got it right.”

(For those who just can’t wait, Leamer is blogging about Palm Beach on the Huffington Post and on his website, leamer.com)


Leamer (The Kennedy Women) reveals the secrets of the Palm Beach elite who reside behind the high walls and manicured hedges of this exclusive enclave. A winter resident since 1994, the author gains the trust of his subjects, playing tennis with them and attending their parties. Such firsthand experience is supplemented by newspaper articles and interviews with scores of men and women who, although usually guarded, are unusually open to Leamer (the informant for the chapter "Palm Beach Millionaire Seeks Playmate" gave the author access to his personal papers, including unpublished memoirs). The book's highly visual vignettes-dominated by divorce, infidelity, excessive drinking and violence-produce a depressing picture of sad, angry, insecure and frequently nasty people hiding behind empty smiles, luxury cars and socially invisible servants. Leamer reflects: "Like [Henry] James, I found that few of the lives have the beauty of the surroundings, or the depths of the artistic vision that inspired this island."...a penetrating portrayal of a privileged segment of the American population...
                                                 ---PUBLISHERS WEEKLY


Nonfiction vet Leamer (Fantastic: the Life of Arnold Schwarzenegger, 2005, etc.) moved with his wife to Palm Beach in 1994… he found himself sinking deeper and deeper into the snobbish, wealth-soaked milieus of both Palm Beaches—one dominated by Protestants, the other by Jews. The two sometimes meet, but only superficially and rarely without resentment. Selecting from hundreds of potential protagonists, the author settles on about a dozen, alternating their sagas with sweeping observations about what he sees as a unique social setting. Some of the story lines involve suicide, some murder. Most of the rest portray poorly matched couples of wealthy, vain old men and ambitious young women trying either to claw their way to the top of Palm Beach society or to retain their hegemony over it. The overarching theme is that egregious wealth never buys happiness, at least not for long. Leamer injects himself into the narrative frequently. He observes the gala events, sometimes as an invited guest. He becomes a confidant of certain Palm Beach queens and kings—female and male, heterosexual and homosexual, those born rich and those who have married into wealth. To his credit, he almost always uses real names and immediately informs readers when employing a pseudonym…. Leamer conveys the bizarre absurdity of it all, as when an exclusive club makes grudging adjustments to its rigid code regarding the physical appearance of guests in order to accommodate members' tattoo-sporting or bodily pierced grandchildren. Required to place Band-Aids over the offending markings, "a young guest enters the dining room so swathed in bandages that she looks as if she has just left intensive care."…
                                                                                                                                       --- KIRKUS REVIEWS





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THE PRICE OF JUSTICE by LAURENCE LEAMER