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No One Would Listen: A True Financial Thriller: Difference between revisions
No One Would Listen: A True Financial Thriller (view source)
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I dare say {{author|Harry Markopolos}}, who repeatedly alerted authorities to [[Bernie Madoff]]’s [[Ponzi scheme]] for almost a decade before it finally fire-balled, knows how Cassandra felt. This is his recounting of his whole grisly story. | I dare say {{author|Harry Markopolos}}, who repeatedly alerted authorities to [[Bernie Madoff]]’s [[Ponzi scheme]] for almost a decade before it finally fire-balled, knows how Cassandra felt. This is his recounting of his whole grisly story. | ||
At that level, this is a fascinating account of a genuinely Greek tragedy — irony intended — which contains exactly the elements of Cassandra's tale (except, perhaps, the unbearable beauty). {{author|Harry Markopolos}} was possessed not just of the vague discomforts that a know-it-all-after-the-event windbag might use to claim fore-knowledge: to the contrary, he identified, in gruesome and glaring detail, that [[Bernie Madoff]] was running a [[Ponzi scheme]], precisely why, precisely how, and offered some precise and simple measures by which an investigating authority could cheaply verify his allegations (such as "ask to see his transaction confirmations"!). This he sent | At that level, this is a fascinating account of a genuinely Greek tragedy — irony intended — which contains exactly the elements of Cassandra's tale (except, perhaps, the unbearable beauty). {{author|Harry Markopolos}} was possessed not just of the vague discomforts that a know-it-all-after-the-event windbag might use to claim fore-knowledge: to the contrary, he identified, in gruesome and glaring detail, that [[Bernie Madoff]] was running a [[Ponzi scheme]], precisely why, precisely how, and offered some precise and simple measures by which an investigating authority could cheaply verify his allegations (such as "ask to see his transaction confirmations"!). This he sent, in writing,<ref>[[Media:Markopolos.pdf|Harry Markopolos’ 18 page submission to the SEC]]</ref> to the [[Securities and Exchange Commission]] about five times over the course of a decade. | ||
That is remarkable enough a story, and Mr. Markopolos deserves your money to tell his story for that service alone. | That is remarkable enough a story, and Mr. Markopolos deserves your money to tell his story for that service alone. | ||