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One man tried for almost 10 years to bring down Bernard Madoff, the disgraced financier who pleaded guilty March 12 to bilking investors in an elaborate Ponzi scheme. Harry Markopolos was the would-be whistleblower who tried, fruitlessly, to get federal authorities to investigate.
Instead, Markopolos was rebuked, and Madoff’s scheme eventually collapsed on its own. Charities, retirement funds, banks and individual investors watched $65 billion disappear overnight.
In his only radio interview, and his first since Madoff pleaded guilty, Markopolos tells WBUR it’s too early to celebrate. “I know that Mr. Madoff had lots and lots of helpers,” Markopolos says. “I want his helpers, his aiders and his abettors behind bars, too, and then I’m going to be satisfied.”
WBUR’s Curt Nickisch talked with host Deb Becker about what’s next for Markopolos.
Selected video excerpts from WBUR’s interview with Harry Markopolos:
On The Madoff ‘Tragedy’
On Madoff’s Guilty Plea
On The SEC
On Madoff’s Accomplices (Web Extra)
On The Federal Reserve (Web Extra)
On Whether He’ll Write A Book On Madoff (Web Extra)
Editor’s notes: More interview excerpts will be posted March 30 in conjunction with a special profile of Markopolos slated to air on Morning Edition.
Web sites and broadcast media may redistribute and rebroadcast these video excerpts only if credit is provided to WBUR, Boston’s NPR News Station.
This work by WBUR is licensed under a Creative Commons Attribution-No Derivative Works 3.0 United States License.
