Love + Sex

Monday, November 30, 2009

Why Mrs. Madoff And Mrs. Sanford Haven't Called It Quits

Their husbands steal. They cheat. They pay-to-play. Yet despite it all, these wives stand by their man.

When Ruth Madoff finally broke her attorney-advised silence this afternoon, moments after Bernard Madoff, her husband of nearly 50 years, was sentenced to 150 years in prison, talk turned to whether or not the days of their marriage were history.

In Pictures: Why Mrs. Madoff And Mrs. Sanford Haven't Called It Quits

"I am breaking my silence now because my reluctance to speak has been interpreted as indifference or lack of sympathy for the victims of my husband Bernie’s crime, which is exactly the opposite of the truth," she said in a statement issued by her attorney.

"From the moment I learned from my husband that he had committed an enormous fraud, I have had two thoughts: first, that so many people who trusted him would be ruined financially and emotionally, and second, that my life with the man I have known for over 50 years was over."

Over.

But over in the sense that the mansions, the penthouses, the yachts and the Pierre Michel salon hair-color touch-ups every six weeks are history? (Indeed they are: Last Friday, Madoff agreed to forfeit $80 million worth of assets that she had claimed was hers, leaving her with $2.5 million.) Or over in the sense that the divorce lawyers will be called in?

The history of women who have decided to stand by their man--or at least their marriage--is long. Lori Milken, whose childhood sweetheart, Michael Milken, was found guilty of six felonies, including fraud and securities racketeering, and who paid $1.1 billion in fines and settlements, bristles in the face of her husband's guilt. She reportedly told her three children, "People don't like change, and they're trying to get rid of your father, and if you look in your history books, you'll see that people who have tried to make change have had this happen.''

Others, such as Silda Spitzer, Elizabeth Edwards and, most recently, Jenny Sanford, all of whose husbands' extra-marital affairs led to high-profile, highly embarrassing betrayals, have said they put family first when deciding whether or not to work on their marriage. As for Hillary Clinton, well, there are many gradations of forgiveness.


The reason why some marriages survive deception and betrayal may have to do with how some woman "choose to reassess and take a broader view" of their relationship, Dr. Scott Haltzman, a Brown University psychiatry professor and author of The Secrets of Happily Married Women, said in an interview with the New York Daily News last month. "A woman may go with her immediate gut instinct, which is to leave, or weigh the options that tilt towards staying with her man."

Ruth Madoff admits the situation is daunting: "I am embarrassed and ashamed. Like everyone else, I feel betrayed and confused. The man who committed this horrible fraud is not the man whom I have known for all these years."

In Pictures: Why Mrs. Madoff And Mrs. Sanford Haven't Called It Quits


More From Forbes.com:

How To Talk About Money With A Loved One

The Longest White Collar Prison Sentences


White-Collar Criminals Behind Bars
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From the Community…

Comments 1-8 of 8
  • None's Avatar
    Posted by None Tue Jun 30, 2009 11:26am PDT

    Money

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  • Aj's Avatar
    Posted by Aj Tue Jun 30, 2009 11:40am PDT

    sometimes you have a funny feeling that says something is wrong with the man you are with!

    Report Abuse
  • Antonietta's Avatar
    Posted by Antonietta Tue Jun 30, 2009 2:02pm PDT

    I think that Mrs. Sanford would be crazy to stay with her husband. He cheated on her and Sanford has been very clear that his mistress is his "soulmate" and he says it was "a love story". I would not stay with a man that cheated on me and is obviously in love with the other woman.

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  • mommaofsun's Avatar
    Posted by mommaofsun Tue Jun 30, 2009 2:06pm PDT

    I am so sick of these political wives standing by their scumbag husbands. Kick their butts to the curb, And, it is the same for husbands standing by their cheating wives. GET OUT!!!

    Report Abuse
  • 's Avatar
    Posted by Tue Jun 30, 2009 11:17pm PDT

    First of all, "Ruthie" tried to get several BILLION dollars of her husband's ill-begotten assets. She wasn't "standing by her man." If you read the article today, the court "only" awarded her a "mere" $2.5 million. And, as the article stated, "if she invests it wisely," [unlike the people who trusted her lying, thieving, swindling, cheating b------ of a husband] she can expect an annual income of $125,000 per year on the interest. And, though no formal charges have yet been filed, it is widely believed she was instrumental in "cooking the books" for her dear hubby. Is she the female version of Seargent Schultz from the old sitcom, "Hogan's Heroes?" "I know NOTHING!"

    Who is more pathetic?

    -Tammy Faye Bakker, going on the Christian Network begging for donations so she wouldn't have to buy her make-up at K-Mart?

    -Leona Helmlsley [owner of the Empire State Bldg] trying to take a $5000

    tax deduction for installing an air conditioner in her dog's house?

    -Or "Ruthie" for trying to claim billions of other people's money?

    Lest the fepeople out there jump on Sanford's a**, he only screwed TWO people. His wife and the Argentinian bimbo.

    Women can be just as vile and evil as men, so don't embarass yourselves by spewing your "all men are pigs" BS.

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  • KittyKat's Avatar
    Posted by KittyKat Wed Jul 1, 2009 4:34am PDT

    All it is is money. I mean why would you stay with a guy who cheated on you. And from what I heard he apologized to his mistress first instead of his wife. What a d*ck. he is a big a$$hole and she is one to for not leaving him.

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  • Rebecca G's Avatar
    Posted by Rebecca G Wed Jul 1, 2009 1:24pm PDT

    It's all about the money. I for one would rather have respect from my spouse than money. That is why I am divorced instead of staying with a looser. I feel like we as women need to stand up for ourselves and be able to stand on our own two feet without having to have a man.

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  • Pat's Avatar
    Posted by Pat Sun Jul 12, 2009 11:01am PDT

    Married women who stay with losers that have money is for the money. Simple, they would rather have money than a good marriage. These women know exactly what they are doing and they are not victims. Don't feel sorry for them at all.

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Comments 1-8 of 8

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