Harry Markopolos Quotes and Sayings - Page 1

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“Government has coddled, accepted, and ignored white collar crime for too long. It is time the nation woke up and realized that it's not the armed robbers or drug dealers who cause the most economic harm, it's the white collar criminals living in the most expensive homes who have the most impressive resumes who harm us the most. They steal our pensions, bankrupt our companies, and destroy thousands of jobs, ruining countless lives.”
-- Harry Markopolos

#Jobs #Home #Government
“Madoff Securities is the world's largest Ponzi scheme.”
-- Harry Markopolos

#World #Ponzi Scheme #Madoff
“The SEC now is 3500 chickens, and we need to get some foxes in there.”
-- Harry Markopolos

#Needs #Scandal #Foxes
“I don't know how I could have been more explicit. I gave them a roadmap and a flashlight, but they didn't go where I told them to go, they didn't look where I told them to look, they didn't tell the people I told them to call.”
-- Harry Markopolos

#People #Looks #Scandal
“I've found that wherever there is one cockroach in plain sight, many more are lurking behind the corner out of view.”
-- Harry Markopolos

#Sight #Views #Cockroaches
“A super-sized fraud of this magnitude was bound to happen given the lack of regulation of these off-shore entities.”
-- Harry Markopolos

#Regulation #Scandal #Corruption
“I have ... spoken to the heads of various Wall Street equity derivatives trading desks and every single one of the senior managers I spoke with told me that Bernie Madoff was a fraud. Of course no one wants to take an undue career risk by sticking their head up ... The fewer people who know who wrote this report the better. I am worried about the personal safety of myself and my family.”
-- Harry Markopolos

#Senior #Wall #Careers

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Bernard Madoff
Stockbroker
Charles Ponzi
Businessman
Eric Swanson
Lawyer
Gary Ackerman
Former U.S. Representative
Mary Schapiro
Former Chairperson, Securities and Exchange Commission

Harry Markopolos Quotes and Sayings - Page 1

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