February 2009 Ethical Hero – Harry Markopolos
When Harry Markopolos testified before the House Financial Services subcommittee this month regarding Bernard Madoff’s $50 Billion Ponzi scheme, what surprised and angered House members most were the numerous and detailed warnings the former investment manager had given the SEC since 2000. “Nothing was done,” Markopolos told lawmakers. “There was an abject failure by the regulatory agencies we entrust as...
February 12, 2009