The New York Times is not generally known for the jejune, but it takes new strides into vapid journalism with an article Friday collecting the reminiscences of some of Bernie Madoff's college frat chums. Madoff, for anyone living under a rock, is the Wall Street operator who bilked millions out of sophisticated investors via an elaborate Ponzi scheme. Reporter Allen Salkin's research for the article evidently consisted of consulting a composite portrait from Madoff's single semester at Sigma Alpha Mu at the University of Alabama, trying to get in touch with anyone on it, and reporting the results, without particular regard for newsworthiness. Mr Salkin cites contact with five intimates, whose comments stagger the mind with their insight into the financier's psyche. A quote from each is enough to get the flavor:
- "There isn’t much about Bernie that stands out in my mind."
- "I just don’t remember anything outstanding about him."
- "Arthur never, ever mentioned Bernard Madoff," from the widow of one of his brothers
- "I don’t recall him at all."
- "He was a pledge. Maybe I had him shine my shoes or get me a soda or something like that."
You can almost see Mr Salkin pitching this idea for a article to his editor and getting an enthusiastic approval ("It'll be like a 20/20 exposé, only with responsible reporting! And there'll be the frat angle.") But somewhere along the way, Mr Salkin must have realized that there wasn't actually a story here, since not a soul seems to recall a thing about Madoff from his time as a Sammy. That would have been the time to deep-six the article.