Madoff Scandal: Three Books, Three Perspectives
The Madoff scandal has spawned a sub-genre of work. In the Toronto Public Library system, there are about twenty entries (books, e-books, DVDs) as of September 2012. It’s already a crowded arena. The books range from those written by victims (The Bag Lady Papers : The Priceless Experience Of Losing It All by Alexandra Penney, 2010) to those written by family (The End Of Normal : A Wife’s Anguish, A Widow’s New Life by Stephanie Madoff Mack, 2011) to those written by persons involved with hunting him down (No One Would Listen, by Harry Markopolos, 2010). Only one mistress has […]
No One Would Listen
Book Review of: No One Would Listen: A True Financial Thriller by Harry Markopolos 376 pp., including three Appendices, Note on Sources, and Index (Reprinted from The Analyst, December 2010 issue.) In December 2008, Bernard Madoff confessed to running the world’s largest Ponzi scheme. This real-life thriller by Harry Markopolos details his five unsuccessful attempts to get the SEC to put a stop to a$65-billion investment fraud. Harry Markopolos spoke to the Toronto CFA Society about his experiences in September 2010. Early in his Wall Street career as a portfolio manager, Markopolos heard about a fund with an extraordinarily consistent […]