A Charitable Guy? As a highly successful Wall Street financial adviser, Bernie Madoff managed money for individuals, financial institutions, and numerous charitable foundations, including director Steven Spielberg’s Wunderkinder Foundation. A well-known philanthropist, he also gave substantial amounts of his own money to charities. But Bernie Madoff was actually a crook, swindling his clients out of billions of dollars over a period of more than 20 years. In what ways could implicit personality theories help explain how Madoff got away with his crimes for so long?
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