''Dear Mr. Madoff: Just why did you do it? . . . . ''
Thus began Eugene Soltes fascinating look into the rarified world of the corporate executive turned criminal: A simple letter to prominent people who perpetuated some of the most significant corporate frauds, borne out of a desire to make sense of their actions. Not really expecting to hear back, Soltes was surprised by the detailed personal responses he received. What began with one letter became a fascination; beginning in 2008, Soltes was able to spend significant time directly interacting with both famous and obscure white-collar criminals through phone calls, personal letters, visits in prison, and at their homes (before and after incarceration).
Why They Do It is a fascinating tale of hubris, greed, and irrationality that exposes the dark side of our hyper-competitive business culture. It provides the personal and ruinous details (?it wasnt as if I couldnt have said ?no. It wasnt like I was being blackmailed or even afraid of getting caught.'') of these crimes and their perpetrators' minds, and places these stories in a broader historical, psychological, and sociological context. Why They Do It is an original, provocative, and compelling analysis about a complex, disturbing trend that, with the ever-increasing globalization of business, is a phenomenon that will continue to worsen.