Thursday, March 12, 2009

The man who knew (CBS 60 minutes)

Harry Markopolos blew the whistle on Madoff long time ago. But sadly SEC did not listen. Here is the CBS 60 minutes video.

Harry did a mathematically simultation to prove Madoff is a crook. For ordinary investors, I think the signs I mentioned earlier (too good to be true; 10% annual compound return is very hard to achieve etc.)


Watch CBS Videos Online

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