Showing posts with label Harry Markopolous. Show all posts
Showing posts with label Harry Markopolous. Show all posts
Thursday, February 5, 2009
Queens Congressman Rips the SEC
Hat tip to Brian Beutler, who's filling in for Matt Yglesias on Yglesias's blog: below is Rep. Gary Ackerman, Democrat of Queens, NY, going off on a few SEC officials for missing the Madoff fraud, even after Harry Markopolous had pointed it out to them (see "More on Madoff" for Markopolous's letter to the SEC).
Saturday, December 20, 2008
More on Madoff
In a recent post ("Edelheit on the Madoff Scandal") we quoted Aaron Edelheit's three key points on why investors should have been wary of Madoff's fund. Back in 2005, Harry Markopolous sent the SEC a 21-page letter titled, "The World's Largest Hedge Fund is a Fraud". Below, via Clusterstock.com, is that letter, in which Markopolous cited 29 red flags relating to Madoff's fund.
Subscribe to:
Posts (Atom)
Posts
