No One Would Listen: A True Financial Thriller

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No One Would Listen: A True Financial Thriller

No One Would Listen: A True Financial Thriller

2018-02-20 No One Would Listen: A True Financial Thriller

Description

An obsessed diatribe that is so unique you can't write it off Tim in Chicago As a fan of Michael Lewis and his financial non-fiction, I gave Markopolos a try. He is no Mchael Lewis, even with subject matter that is just as good and a ghostwriter. As Harry would say, because he is a fan of metaphorical hyperbole, "as a writer, he wouldn't be al. EVERYONE SHOULD READ THIS BOOK before investing. I've read this book twice and have recommended it to friends and acquaintances hoping they will understand why the SEC should not reimburse greedy folks who want something for nothing. Bernie's investors sunk $$$ into his pockets because he was payin. "Bad writing, but good story" according to Juan Manuel Wills. Despite not being a good literary work, having obvious flaws in the writing, recounting several times the same fact, exalting much on describing his personal qualities, this story has the great merit of telling - using a Garcia Marquez phrase: "the chronicle of an adv

Harry Markopolos and his team of financial sleuths discuss first-hand how they cracked the Madoff Ponzi schemeNo One Would Listen is the thrilling story of how the Harry Markopolos, a little-known number cruncher from a Boston equity derivatives firm, and his investigative team uncovered Bernie Madoff's scam years before it made headlines, and how they desperately tried to warn the government, the industry, and the financial press.Page by page, Markopolos details his pursuit of the greatest financial criminal in history, and reveals the massive fraud, governmental incompetence, and criminal collusion that has changed thousands of lives forever-as well as the world's financial system.The only book to tell the story of Madoff's scam and the SEC's failings by those who saw both first handDescribes how Madoff was enabled by investors and fiduciaries alikeDiscusses how the SEC missed the red flags raised by MarkopolosDespite repeated written and verbal warnings to the SEC by Harry Markopolos, Bernie Madoff was allowed to continue his operations. No One Would Listen paints a vivid portrait of Markopolos and his determined team of financial sleuths, and what impact Madoff's scam will have on financial markets and regulation for decades to come.

House testimony followed by SEC’s senior staff and FINRA acting CEO • Sep 4: 477-page SEC IG Report on the Madoff Fiasco released • Sep 10: I testify before US Senate Banking Committee with SEC IG . No One Would Listen paints a vivid portrait of Markopolos and his determined team of financial sleuths, and what impact they will have on financial markets and financial regulation for decades to come.A Timeline of a Take-Down-exclusive content from author Harry MarkopolosHow long did it take to uncover and expose a $40 billion crook? Ten years.1998-1999 • 1998: My Firm “discovers” Bernie Madoff • Late 1999: I am asked to reverse engineer Madoff’s returns2000 • I knew he was a fraudster in 5 minutes • May: Submission to SEC Boston Regional Office’s Direct