This book could never have been written as a work of fiction, because nobody would publish such a terrible detective story.
Come on, how can we believe that the Securities and Exchange Commission can ignore such blatant crookery for nearly 10 years, even in the face of overwhelming evidence as well as a whistle blower shouting 'over here, look over here!' Yea right, Mr Markopolos, and you also want us to believe that clever, highly educated financial professionals are duped by a little old man who says ' Well, I have this really clever and secret computer program you see...'. Oh, and the press isn't interested, the public doesn't want to know and European royalty and the Russian mob are suspected to be involved as suckers in the scam.
It's rubbish, it's unbelievable, the plot is flimsy and the whole thing is just messy.
Except that it's true and it happened.
What a cracking good book and yes, you really do have to read it to believe it. The story is interesting and easy to follow even for folks, like me, who are not in the financial industry and the narrator is easy on the ear. A great book, buy it.
My only criticism: lose the two voices who occasionally read very short paragraphs, they're annoying in the extreme.
Listening to the book, I had the feeling that it is unncessarily prolonged. Repeatedly, the book comes back to the point that "no-one would listen". Madoff story is interesting but could be told in half the space.
Read this book if you want to know how so many people lost their shirts and more! Plus, how politics within the FCC can and did prevent the truth being told. People lost their lives, their fortunes. Incredible!
This book is a storyline of really happened and who knew it was happening! It keep me involved mostly because I could not believe it. I kept thinking, as did the author of the book
"Will someone, anyone please stop this maniac!"
Too Good to BE TRUE!
If we are not willing to have our eyes open and own the truths in our own lives, what follows may not be pretty. Keep your head in the sand...perhaps it will end up ok....why do you care how it ends up, you had your head in the sand. However, in this book and the years that encompass the telling of this story many brilliant and market savvy people were destroyed. Harry Markopolos was the whistleblower in the Madoff case. Markopolos and his team work for years to enlighten everyone, anyone.....about Madoff.
I learned a great deal from reading this book. I learned what not to do. I am a believer "if it sounds to good to be true it probably is."
I have been a book lover my entire life. However, as of late, it is difficult for me to sit and read a traditional book cover to cover. Audiobooks are great. I drive for a living. so, I listen a new audiobook every month.
This was an amzing listen. I learned so much and was entertained as well. Bernie Madoff did so much financial damage to so many lives. but, he was just the one that was so egregious about his action and was caught.
This kept me on my toes andf opened me up to a world and time I was woefully ignorant of before.
Great Job by all involved!
I may have enjoyed this more because I am in the investment field but I coulden't wait to hear the next part. It really played out like a fiction thriller but more exciting because it is/was real. I was aware of Markopolos but had no idea of the depth of the story. It has a bit of an 'I told you so' in both the story line and in Harry's voice, but hey, he's entitled.
This story, whether completely true, or just one mans interpretation was definitely worth listening to. I do believe the narration was fantastic, which is what really made this book.
Too painfully slow. Few chapters in, it sounds more like a self-indulgent show-off. The book is too technical (financial jargon) for my taste.
P/S: Credits to Markopolos and team for their effort on Madoff's case.
imho - ymmv
The scandalous tale of how Harry Markopolos & his team investigated Bernie Madoff's $50b Ponzi scheme for a decade but no-one would listen - until the scheme imploded during the housing crisis. The willful failure of the SEC in particular to hear and act makes your blood boil.
Audible's production of this book is excellent - taking full advantage of the medium by mixing in real statements, interviews and congressional hearings to great effect.