Markopolos isn't too worried about seeing another big Ponzi scheme soon. He gave two reasons.
- Markets are down. That's what triggered the redemptions that brought down Madoff and others.
- The SEC is now making Ponzi schemes a high priority.
If you'd like to learn more about Markopolos' perspective, check out his book. Many BSAS members lined up after the talk to have him sign their books. He's a hometown favorite and past president of the BSAS.
Related post
* Tweets on talk by Harry Markopolos, Madoff whistleblower
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Copyright 2010 by Susan B. Weiner All rights reserved
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