A Financial Thriller: The Markopolos Book About Madoff – And The SEC – Hits The Stores

Yesterday, we mentioned an interview of Madoff whistleblower Harry Markopolos in this week’s New York Times magazine. Today is the release date of the Markopolos book, “No One Would Listen: A True Financial Thriller.” In the book, Markopolos:

·                     Provides a first-hand account of the SEC’s failure to follow up on his warnings to investigate Madoff;
·                     Claims the SEC is weak in providing protection to investors against serious crimes;
·                     Describes how Madoff was “enabled” by investors and fiduciaries; and
·                     Reveals the story behind his many attempts to expose Madoff. 
 
Markopolos’s point is that no one listened to him when he exposed Madoff’s fraud. The question for today remains:  Is anyone listening now?