Tag Madoff

Bankers kept silent over Madoff

According to the documents Harry Markopolos filed with the SEC in 2005, more than a few investment bankers were suspicious of Madoff – but said nothing. [several] were in contact with Markopolos, who claimed that each would give evidence to…

Madoff victim list released

It’s 163 pages of small print (PDF). True, some names are repeated. However they may have had multiple accounts. But there are thousands of names here. There’s no way Madoff was operating alone or with help from just a few…

Madoff whistleblower: SEC “abject failure”

Harry Markopolos, who told the SEC about Madoff in 2005, will testify before Congress today. (prepared statement PDF) From financial journalist Gary Weiss It is absolutely devastating. Among other things, Markopolos says that because of the SEC’s “abject failure” to…