Onetime Wall Street legend Bernie Madoff pulled off the biggest Ponzi scheme in history — until he didn’t. And $65 billion — many people’s life savings — went up in smoke.
Harry Markopolos saw it coming, for years, and could not get anyone to stop it. He and a band of investment insiders begged the SEC to shut Madoff down, to open his books and really see.
They got nowhere. Instead, Harry Markopolos feared for his own life — that big-money Madoff investors would come after him for spoiling the game.
This hour, On Point: The man who yelled bloody murder about Bernie Madoff.
http://www.wbur.org/2010/02/26/markopolos-revisited
Hold on a sec......some, not all investors money went up in smoke.
The court appointed trustee looking into Madoff's assets unearthed a labyrinth of interrelated international funds, institutions and entities of almost unparalleled complexity and breadth...... and assets and businesses in 11 places overseas.
Americans have not yet learned the full extent of official corruption, thievery, schemes and scams involving $TRILLIONS of tax dollars, aided and abetted by the elected dupes on Capitol Hill.