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April 15, 2021
To embed, copy and paste the code into your website or blog: Bernie Madoff died yesterday. I cannot think of one person who embodied so many of the things that the compliance profession stands against than Madoff. From fraud, to lying, to ruining lives and about everything in between; it was all wrapped up in Madoff. Given the complete failure of the Securities and Exchange Commission (SEC) to shut Madoff down after whistleblower Harry Markopolis alerted authorities to the massive fraud, I thou...
April 14, 2021
Print Bernard L. Madoff, the notorious financier who pulled off historyโs biggest swindle and came to epitomize Wall Street corruption as the economy plunged into the worst downturn since the Great Depression, died of natural causes while serving a 150-year prison sentence, a person familiar with the matter told the Associated Press. He was 82. Suffering from kidney failure, hypertension and heart problems, Madoff died at the Federal Medical Center in Butner, N.C., apparently from natural ca...
March 6, 2010
Surprise. get it? psychic being surprised? anyway, speaking of the sec, on monday on this show, our guest for the interview was harry markopolis who for years warned the sec about bernie madoffs giant multi-million dollar ponzi scheme. he documented the fraud, submitted warning after warning but sec officials ignored him. kent jones did a little investigative work as to what was going on at the sec that may explain why he was ignored. hi, kent. thanks. >> hi, rachel. it seems some of them in the...