No one would listen

Description:

Bernie Madoff was a king of the financial world. He was quietly running the largest hedge fund in the world, a fund that eventually spread to over forty nations and handled tens of billions of dollars. Harry Markopolos was a number cruncher at a Boston equity derivatives firm analyzing investment products. When a marketer handed Harry a prospectus outlining Madoff's strategy and asked him to create a similar product, he looked at the numbers. Within minutes, Harry knew it was impossible. The numbers didn't add up. For the next ten years, Markopolos and his investigative team tried desperately to warn the government, the industry, and the press that the largest hedge fund in the industry was a fraud and that the respected and admired Bernie Madoff was a crook--but no one would listen. This is the story of the pursuit of the greatest financial criminal in history.--From publisher description.

subjects: Securities fraud,  Investment advisors,  United States,  United States. Securities and Exchange Commission,  Rules and practice,  Hedge funds,  Ponzi schemes,  Corrupt practices,  Prevention,  USA Securities and Exchange Commission,  Umschulungswerkstätten für Siedler und Auswanderer,  Investmentfonds,  Ineffizienz,  Mutual funds,  Schneeballsystem,  Korruption,  Kapitalanlagebetrug,  Investment Banking,  Börsenaufsicht,  Parliamentary practice,  Stockbrokers,  Börsenmakler,  USA,  Swindlers and swindling,  Madoff, bernard l., 1938-,  United states, securities and exchange commission,  nyt:hardcover-nonfiction=2010-03-21,  New York Times bestseller,  Madoff, bernard l., 1938-2021

People: Bernard L. Madoff

Places: United States