Canadian Personal Finance Blog

Personal Finances and Consumer Concerns, essays, stories, examples and how to articles with a distinctly Canadian Point of View
March 13th, 2010

Video: Madoff Affair

Last night I watched a very interesting interview on the Daily Show with Harry Markopolos, one of the men who blew the whistle on Bernie Madoff (back in 2000). The interview with the Daily Show is astoundingly frank and entertainingly funny, and at the end of it, incredibly disturbing. The Comedy Network in Canada does not allow me to embed this interview so you’ll need to click to get to it, but it is well worth the hassle. Markopolos’ book No One Would Listen: A True Financial Thriller is an interesting read.

CNBC does have a more serious interview with Markopolos and a former co-worker Frank Casey, which outlines that Madoff’s shenanigans and financial tom-foolery had been noticed, but it seems no one did anything much about it for a long time. The best line is about how you never had to use Madoff’s last name, if you said, “Bernie” everyone knew who you meant.

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Posted in Financial Apocalypse, Mistakes, Money, Stock Market, Video |

This entry was posted on Saturday, March 13th, 2010 at 7:10 AM and is filed under Financial Apocalypse, Mistakes, Money, Stock Market, Video. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “Video: Madoff Affair”

  1. This and That: Dragon Profiles, the Pain in Spain and More… | Canadian Capitalist Says:
    March 18th, 2010 at 10:42 PM

    [...] Canadian Personal Finance blog draws attention to a two recent interviews featuring Harry Markopolos, who blew the whistle on Madoff long before the Pon… [...]

  2. This and That: Dragon Profiles, the Pain in Spain and More… | MoneySense Says:
    March 19th, 2010 at 9:30 AM

    [...] Canadian Personal Finance blog draws attention to a two recent interviews featuring Harry Markopolos, who blew the whistle on Madoff long before the Pon… [...]

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