Markopolos interview

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Uploaded by on May 7, 2009

While working for a Boston financial firm in 1999, Harry Markopolos says it took him five minutes to figure out that Bernard Madoff was a fraud.
But the rest of the world wouldn't find out until Dec. 11, 2008, when Madoff was arrested and charged with running a Ponzi scheme now estimated at $65 billion.
For nearly a decade prior, Markopolos had worked zealously to expose Madoff, but federal authorities never took his advice to mount an investigation.
Now, everyone from officials in Congress and the FBI, to Hollywood movie producers, to 60 Minutes wants to hear from Markopolos, a Whitman resident since 1999.
Last Friday, Markopolos sat down with The Enterprise for a half-hour interview on his Madoff investigation, his life in Whitman and his new-found fame. What follows is a portion of the interview, lightly edited.

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  • Briliant, courageous, hardworking CFA. If he didn't have the credibility to make the SEC take notice - who did?

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