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Saturday, 7 May 2011 - Bernie Madoff Whistleblower gets standing ovation |
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    Edition: U.S. Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Obama pays tribute to unit in bin Laden raid 3:57pm EDT Al Qaeda confirms bin Laden is dead, vows revenge | 4:55pm EDT UPDATE 1-Biden sees up to 200,000 new U.S. jobs next month 23 Apr 2010 Oil gutted in record weekly drop 4:45pm EDT Photos show three dead men at bin Laden raid house 12:02am EDT Discussed 168 Obama to make statement late Sunday, White House says 141 Concerns raised over shooting of unarmed bin Laden, burial 96 Boehner demands trillion-dollar cuts in debt deal Watched Legendary founder of Seal Team Six speaks Thu, May 5 2011 Video of bin Laden compound fire Mon, May 2 2011 Bin Laden unarmed when killed - White House Tue, May 3 2011 Bernie Madoff Whistleblower gets standing ovation Tweet Share this By Etan Vlessing TORONTO (Hollywood Reporter) - Harry Markopolos doesn't feel like a hero, despite earning a standing ovation in Toronto Thursday night for his quest to uncover Bernie Madoff's $50 billion ponzi scheme. "Heroes are brave. They don't... Email Print Related News U.S. narrows case versus accused Ponzi schemer Stanford Thu, May 5 2011 Lawmaker on debit fee curbs: "slay the dragons" Mon, May 2 2011 SEC freezes China Voice assets, cites Ponzi scheme Fri, Apr 29 2011 UPDATE 6-Coca-Cola profit misses on expenses, earthquake Tue, Apr 26 2011 Dollar at three-year low, gold on hot streak Thu, Apr 21 2011 Analysis & Opinion Why the Fed won’t be good at bank regulation Flagging bank reform could take heart from Nigeria Related Topics Entertainment » Fashion » Film » People » By Etan Vlessing Fri May 6, 2011 4:47pm EDT TORONTO (Hollywood Reporter) - Harry Markopolos doesn't feel like a hero, despite earning a standing ovation in Toronto Thursday night for his quest to uncover Bernie Madoff's $50 billion ponzi scheme. "Heroes are brave. They don't show fear. And I did," Markopolos said after "Chasing Madoff," Canadian filmmaker Jeff Prosserman's portrait of the Madoff whistleblower, received a North American debut to kick off the Toronto Jewish Film Festival. The indie doc portrays an increasingly paranoid Markopolos in a decade-long struggle to expose Wall Street's ultimate scam artist, only to meet deafening silence or indifference from fellow money managers and the Securities and Exchange Commission. "I was scared. I carried a gun and checked for bombs for six years," he recounted. Ultimately, the 2008 Wall Street meltdown shut down Madoff's ponzi scheme, not Markopolos's alarm bells. Madoff is currently serving a 150-year jail term for his massive fraud. Markopolos insists a continuing failure by the U.S. government to reform Wall Street and the financial system will only set the global banking system up for another and even bigger collapse. "All the banks that were too big to fail are bigger now," the numbers cruncher-turned-fraud investigator said at the Chasing Madoff after-party in Toronto. "They (banks) will do it again," Markopolos warned. (Editing by Zorianna Kit) Entertainment Fashion Film People Tweet this Share this Link this Digg this Email Reprints   We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback   Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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