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Harry Markopolos had repeatedly told the Securities and Exchange Commission that Madoff was a fraud. But they never investigated. Standing before Congress in February 2009 wearing an “ill ...
The 2007 incident came up in the voluminous written congressional testimony of Harry Markopolos, the fraud investigator who pursued Mr. Madoff for nearly a decade.
The recent campaign of Harry Markopolos and his allies in attacking General Electric's accounting is fascinating, challenging, and hard to evaluate, but clearly it demonstrates that we need to ...
The one person who knows the most and is willing to talk about it is Harry Markopolos, the man who figured out Madoff's scheme before anyone else. Markopolos sat down with 60 Minutes correspondent ...
WASHINGTON -- Fraud investigator Harry Markopolos blamed the Securities and Exchange Commission's "financial illiteracy" for failing to heed his warnings about money manager Bernard Madoff.
151; -- At least three major Ponzi schemes are currently scamming American investors, according to Harry Markopolos, the man whose warnings about the Bernard Madoff Ponzi scheme were ignored by ...
And investors were relieved. GE’s beaten-down stock was up nearly 50% in 2019. Then Harry Markopolos came along and dropped a bomb. Markopolos, who famously blew the whistle on Bernie Madoff’s ...
Find this story in your account’s ‘Saved for Later’ section. Harry Markopolos, the crotchety genius-hero from Boston who blew the whistle on Bernie Madoff to the SEC years ago to no avail ...
Walter Noel Shopped for Auditors the Way His Daughters Shopped for ShoesIn his remarks to the House Financial Services subcommittee this morning, Harry Markopolos made an interesting observation ...
Between GAAP, Statutory and Actual Reserves, investors remain confused. Markopolos' thesis for a GE bankruptcy (or at minimum, re-rating to junk) is poorly understood, but remains intact.
Harry Markopolos, well known as a whistleblower on Bernie Madoff, has published a 175 page report accusing GE of fraudulently under-reporting $38 billion of losses. Mr. Markopolos claims to be ...
It was a week ago that independent investigator Harry Markopolos told a House Financial Services subcommittee that he’d turn over documentation to prove that another giant hedge fund was nothing ...