A Rakuten Company

More titles to consider

Shopping Cart

itemsitem

Synopsis

Harry Markopolos and his team of financial sleuths discussfirst-hand how they cracked the Madoff Ponzi scheme

No One Would Listen is the thrilling story of how theHarry Markopolos, a little-known number cruncher from a Bostonequity derivatives firm, and his investigative team uncoveredBernie Madoff's scam years before it made headlines, and how theydesperately tried to warn the government, the industry, and thefinancial press.

Page by page, Markopolos details his pursuit of the greatestfinancial criminal in history, and reveals the massive fraud,governmental incompetence, and criminal collusion that has changedthousands of lives forever-as well as the world's financialsystem.

  • The only book to tell the story of Madoff's scam and the SEC'sfailings by those who saw both first hand
  • Describes how Madoff was enabled by investors and fiduciariesalike
  • Discusses how the SEC missed the red flags raised byMarkopolos

Despite repeated written and verbal warnings to the SEC by HarryMarkopolos, Bernie Madoff was allowed to continue his operations.No One Would Listen paints a vivid portrait of Markopolosand his determined team of financial sleuths, and what impactMadoff's scam will have on financial markets and regulation fordecades to come.

People who read this also enjoyed

Get a 1 year subscription
for / issue

CUSTOMER REVIEWS

No One Would Listen
Average rating
3.5 / 5
Good read, very frustrating
April 17th, 2014
Make no mistake, the math behind economics is rarely as difficult as the author contends, but if you aren't impressed by his obvious frustration and his integrity as he tried to fight one of the biggest fish on Wall Street, you aren't being very honest. If you aren't furious with the SEC, or the politicians who clearly tried to defuse the issue (Sen. Schumer) when you're done, well, you're a better person than I. If you want to see how people could turn a blind eye to Madoff (and clearly, many knew him to be a cheat before he gave up) you should read this book.
Helpful? Yes | No | Report

2 reviews
January 28th, 2014
It's an in depth account of how Mr. Markopolos' struggles to convince a multitude of actors - from Madoff's investors, hedge fund (and fund of funds) managers and the almighty SEC - that Madoff's fund could only be a criminal scheme. The frustration you feel as dozens of people turn a blind eye is matched only by one's eye rolls as Mr. Markopolis makes statements like "only a handful of people in the world, including myself, could understand the mathematics behind derivative trading..." The Black-Scholes model (while deserving of the Nobel Prize) isn't dark magic. However, the story is well documented and despite the author's self-confidence, the truth of Madoff's success as a swindler becomes readily apparent. The truth is, many people knew he was a fraud...they just didn't care. A good read, and it will help you know how to protect yourself as an investor.
Helpful? Yes | No | Report

2 reviews

You can read this item using any of the following Kobo apps and devices:

  • DESKTOP
  • eREADERS
  • TABLETS
  • IOS
  • ANDROID
  • BLACKBERRY
  • WINDOWS