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An Amazing Document On Madoff
Posted: Saturday, August 13, 2011

Posted: 1/7/2009 5:13:34 PM

By: Madoff File

Here is the entire document given to the SEC

Posted: Saturday, August 13, 2011

Posted: 1/7/2009 3:34:39 PM

By: Booba

"In 1999, for example, a concerned Wall Street insider sent the SEC a 19 page document that explained in clear, easily understood English the exact nature of the alleged fraud being perpetrated by Bernard Madoff.

Point by point he laid out how Madoff had to be lying. All the SEC had to do was match the trade tickets with the reported counter parties and they would have busted this fraud wide open. I’d like to believe that they weren’t paid off ... but if corruption wasn’t at the root of this evil, then the only other explanation left is utter incompetence. The idea of a corrupt agency would sit better with me than a toothless, incompetent one."

Internal Administrator
Posted: Saturday, August 13, 2011
Joined: 10/12/2010
Posts: 5780

Posted: 1/6/2009 11:32:22 AM

By: Patrakopoulos

Here's a copy of a submission said to have been made in 2005 to US market regulator the Securities and Exchange Commission by money manager and investment investigator Harry Markopolos.


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