Review of “No One Would Listen: A True Financial Thriller” on the Madoff Scandal

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Essay #: 068786
Total text length is 9,584 characters (approximately 6.6 pages).

Excerpts from the Paper

The beginning:
Review of "No One Would Listen: A True Financial Thriller" on the Madoff Scandal
Someone rightly said, “All that glitters is not gold.” When it comes to the question of investing, I usually draw back as I cannot see myself in the shoes of the investors who suffer losses at the hands of crafty scammers. The success of the Madoff investment scandal resulted in many financiers questioning the integrity of almost all the leading firms on Wall Street as well as the inability of the SEC (Securities and Exchange Commission) to protect those hapless investors. This piece will discuss the failings of the SEC and others in recognizing the significance of Madoff’s investment Ponzi and
Markopolos
’ warning. Ultimately, Harry
Markopolos
, in his effort...
The end:
..... intention of letting people know about how the experts in financial markets have accepted a certain level of corruption as the requirements of getting success in that field. It is frustrating after reading this that the financial system, along with most of the other systems of power in the country is so easily corruptible. It seemed like throughout the entire book I was just hoping that someone would step up, acknowledge what
Markopolis
had discovered, and point the finger in the right direction. However, I completely agree to Harry being a true finder who was not heard at the right time, by the right people.
Works Cited
Markolopos
, Harry. No One Would Listen: A True Financial
Thriller. New Jersey: John Wiley & Sons, Inc., 2010. Print