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The World's Largest Hedge Fund is a Fraud
The report that Markopolos sent to the SEC in 2005 making a strong case that Madoff's fund could not be operating legally.
19 Pages
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12/19/2008 |
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RICHROB19559990 5 months ago
I have been a regulator in the Securities Industry for the last 30 years, and Mr. Markoplois is absolutely correct in his assesment of the SEC regarding the fact that they almost never go after the big players, but they will exhaust all their resources to persecute a small entity. I have classic examples of the SEC being told speccifically of situations where powerfull market makers were receiving preferential treatment on exchange floors while failing to fullfill their fiduciary responsibilities, but instead of going after that, they chose to come after me.