Saturday, September 21, 2013

Chasing Madoff



Chasing Madoff
Although this was probably a low budget film, it is something most people should see. It is mindboggling that the offices who should have discovered the fraud did not, including the media. it seems they were afraid of powerful people in high places.I am glad I purcased this film from Amazon

Markopolos probably deserves a better documentary than this
First off, let me just say that I highly respect Mr. Markopolos and fully acknowledge that he was one of the few people who labored mightily to bring down the Madoff fraud. Unfortunately this documentary comes up way short when discussing the nature of the Madoff scheme, then quickly drowns in over-dramatizations of Markopolos extreme paranoia.

If you wish to gain a better understating of the Maddof affair and how Harry Markopolos fits into the picture, I highly recommend Frontline's documentary on this topic, or Diana B. Henriques book "The Wizard of Lies." If you want to see 45 minutes of extraneous footage of Mr. Markopolos loading clips into handguns, putting on body armor, or peeking through blinds, this is the movie for you.

Look, I get that Mr. Markopolos probably felt a great deal of stress going up against someone as powerful as Madoff, but in hindsight the level of his panic was probably not justified; the story since revealed shows that Madoff didn't...

Chasing Madoff
Very interesting and informing from the point of view of an actual victim. Since it affected me and my family directly, we were glued to the TV. Madoff destroyed so many lives, and the sad part is that it could have been avoided.

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