“Harry Markopolos is a hero…The silver lining in the Madoff collapse, if there could be such a thing, is that for at least one moment in time, the SEC has been exposed. And for his role in making that happen, Harry Markopolos deserves all of our thanks.”
Title:
NO ONE WOULD LISTEN: A True Financial Thriller
Author: Harry Markopolos
Pages: 376; Hardback
Cover: Hard cover with dust jacket
Publish date: March 2010
Price: US$27.95
Published by John Wiley & Sons, Inc.
—from
the Foreword by David Einhorn, President and Founder of Greenlight Capital and
author of “Fooling Some of the People All of the Time”
NO ONE WOULD LISTEN: A True Financial Thriller is the story of Harry Markopolos,
the whistleblower who uncovered Bernie Madoff’s Ponzi scheme 10 years
before the rest of the world learned of the biggest financial crime in history.
While a lot has been written about Madoff’s scam, few actually know the
dramatic details of how Markopolos and a small group of sleuths, who he dubbed
“The Foxhounds,” went about investigating and slowly peeling away
the layers of fraud that reached around the globe.
Markopolos submitted irrefutable proof about Madoff’s scheme to the S.E.C.
four different times. Unfortunately, no one listened; until the damage to investors
reached into the multi billions. Since that time, Markopolos has openly testified
and questioned the enforcement and fraud investigation capabilities of the Securities
and Exchange Commission and has become one of the world’s most visible
and insightful whistleblowers.
In NO ONE WOULD LISTEN, Harry Markopolos:
NO ONE WOULD LISTEN ends with a list of concrete recommendations Markopolos was asked to make in 2009 to the S.E.C. and the Senate Banking committee in order to turn the S.E.C. into the effective regulatory force it is meant to be. However, the question remains: Is anyone listening now?
About
the Author:
Harry Markopolos, is a former securities industry executive
turned independent financial fraud investigator, was the whistleblower who provided
credible and detailed evidence several times from 2000-2008 that should have
prompted an immediate investigation by the United States Securities and Exchange
Commission into Bernie Madoff’s $65 billion Ponzi scheme. Markopolos’s
investigation was assisted by his investigative team, including Frank Casey,
Neil Chelo, and Michael Ocrant.
About
Wiley:
Founded in
1807, John Wiley & Sons, Inc. has been a valued source of information and
understanding for over 200 years, helping people around the world meet their
needs and fulfill their aspirations. Since 1901, Wiley and its acquired companies
have published the works of more than 400 Nobel laureates in all categories:
Literature, Economics, Physiology/Medicine, Chemistry, Physics and Peace.
Our core businesses include scientific, technical, medical and scholarly journals, encyclopedias, books, and online products and services; professional/trade books, subscription products, training materials, and online applications and websites; and educational materials for undergraduate and graduate students and lifelong learners. Wiley's global headquarters are located in Hoboken, New Jersey, with operations in the U.S., Europe, Asia, Canada and Australia. The Company's website can be accessed at http://www.wiley.com. The Company is listed on the New York Stock Exchange under the symbols JWa and JWb.
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