No One Would Listen: A True Financial Thriller is exactly what the title promises. This is more than another book about the Bernie Madoff scandal, this is a fast-paced, blow-by-blow, true-crime story that you have to hear to believe. In a true David and Goliath tale, the underdog number cruncher uncovers the largest financial fraud in history, and has to fight everything and everyone in the system to bring it down. Harry Markopolos and his team of financial sleuths tell first-hand how they cracked Madoff’s $65 billion Ponzi scheme yet, amazingly, the Securities and Exchange Commission (SEC) refused to hear the truth for nearly 10 years. Told from the perspective of the ultimate whistleblower in modern corporate memory, No One Would Listen is bound to be the definitive narrative of this scandal.
This special edition includes an exclusive 10th chapter available only in audio, featuring testimony from three victims of the Madoff scheme who came in to the Audible studios to share their shocking and heartbreaking stories. In addition, David Kotz, the Inspector General of the SEC, speaks candidly about his investigation. Throughout the audiobook, you’ll also hear scathing commentary from congressional leaders on the blatant failures of the commission. No One Would Listen is more than an audiobook. It's a lasting audio testament to the largest white-collar crime in history.
The Securities and Exchange Commission disclaims responsibility for any private publication or statement of any SEC employee or Commissioner. This audiobook expresses the author's views and does not necessarily reflect those of the Commission, the Commissioners, or other members of the staff.
Click here to listen to Dr. Gaytri Kachroo's speech to the World Legal Forum.
©2010 Fox Hounds, LLC (P)2010 Audible, Inc.
I love the outdoors and the warm weather!! And I never leave home with out my I-Nano. It should be surgically placed into my ear. I live and breath for books.
This was my first time listening to a financial thriller. It was informative, & easy to follow. This book is about Bernie" Madoff, a former stockbroker, investment advisor, financier, and white collar criminal. Who created the biggest Ponzi scheme in HISTORY!!! The scheme affected 41 countries and worth $65 BILLION dollars. How the F.C.C. was fore warned time and time again, to become grossly incompetent. And how its still affecting people and companies today.
Scott Brick has narrated another good book. Along with the actual characters of the book.
The methodical way in which the author gathered his evidence. I learned a great deal about the financial systems and how they could be corrupted. Markopolos and his team took on something that was so big so complex and dangerous for so long....
When Markopolos explained how he and his team cracked the case by following the money. Sounds simple....
When he found out Bernie Madoff had been stopped. All the people who called to tell him all his hard work had finally paid off. And how much money and lives that could have been saved if someone would have listened and acted sooner.
Tell us about yourself! I love to escape into a good book.
This was a great listen, I cant believe the effort Harry Markopolos went to, to expose Bernie Madoff. The money and potential investors that could have been saved is astounding.
That the Securities and Exchange Commission failed to discover the fraud even though they were given this information is incredulous and should be frightening to all investors in this country and abroad. The financial system has still not been fixed and we have a real danger of having another collapse in the near future. This will be the case as long as the only guiding incentive is GREED.
Not bad. Not great. The last hour & half was simply stating how the SEC should be reformed.
Interesting to a point & somewhat unbelievable on how poorly the SEC handled things. What I found comical is how hard the book tried to sell itself as a thriller. Repeated references to how he feared for his life, yet there wasn't one piece of evidence to validate his fear, just pure speculation. Overall, not bad - I just wouldn’t call it a thriller.
This book could have been shorter by half. As what Harry Makopolos calls "my team" discovered the Ponzi scheme and used math skills plus financial-industry contacts to assemble proofs I was enthralled. Then, as he waited and fumed because "No One Would Listen" I began to understand which of his personality traits made people disinclined to join his crusade. I started to regret downloading the second half of the book and Harry finally lost me completely when he assembled an arsenal to shoot at the SEC while admitting employees of said agency don't carry firearms. I felt he worked too hard to add tension to what was already a sufficiently dramatic true story.
Love having someone read me a story. Fires in the hearth, rain on the roof, sunny days and surf. Good friends, good food and J S Bach.
Others have said it all. This is a good listen. I truly appreciate the PDF file, and hope that other Audible talking books will include similar, where it is appropriate.
(maps, pictures etc in history books).
And I thought Aussies had the 'tall poppy' syndrome! ( finding fault with a real achiever). Bravo Harry. You saw it and called it.
I was still awake at 2:00 a.m. listening to this -just couldn't put it down. Makes me wonder what hope is there for the "little guy" who wants to invest in the stock market when the "monsters" are allowed to rampage free.
My only complaint is the departure from the professional narrator to the author and friends when quoting e-mails. Fortunately this was only a very small part of the book. I believe authors would do well to leave the narrating to the professional, just as the SEC would do well to leave the sleuthing to the professional math whizzes. I tend to shy away from books that are self narrated as I have been 'burned' too many times. Surely the author would make more money in the long run by investing in a professional narrator.
Words will not bestow any justice to this audio book... (any review words written by me). One suggestion is to listen to this audio book at least twice in-order to better comprehend the inter-connected story elements put together like a puzzle by Harry and others to reach the ending of this book; (as of the date of this audio publication)! Easy to miss many parts of the story upon first listen... Please set aside some attentive listening time to better comprehend this multiple-people-involved to reach this books conclusion point.
Avid audible listener for over 10 years.
I purchased this book because I like finance stories. At 13 hours, however, it gets rather tedious at times. This is the story of the man who first discovered Bernie Madoff's Ponzi scheme. The parts of the book that talk about the discovery are interesting. But a large part of the book is a big rant against the Security and Exchange Commission (SEC). In fact about 3 of the total 13 hours is nothing but a big rant. Okay, okay the SEC messed up. Got it in the first hour.
It also has some odd stories about the author fearing for his life and buying guns and checking for bombs under his car. However, there is no proof whatsoever that the Russian Mob was after him, that Bernie Madoff ever thought of hiring a hit man, or the SEC was out to "get" him. Made the author sound like a total paranoid.
Anyways at 13 hours about half is worthwhile listening. The last 2 hours are really not about the Ponzi scheme but people sobbing about their lost money, which also turns into a rant on the SEC. It actually sounded like an attempt for filing a class action suit against the SEC by the author and his lawyers. Sort of put me off.
Audible books are the perfect companion for my 4 mile morning walk!
The narration was good. I'd be reticent to read another book by Markopolos unless I knew for sure that it didn't take the same self-congratulatory tone. One per author lifetime is certainly a sufficient quota.
This book is a great reminder of how badly things can go wrong, and how blind we can be to reality we don't want to see. It's certainly not the first book to tell such a story, but this one goes into such detail, and the whole process went for so long, that it really stands out as a learning opportunity.
I'm honestly not sure why I even bought this - I have so little knowledge, understanding and interest in the financial markets that I hadn't even heard of this ponzi scheme before - but I loved this audiobook.
I found the story utterly absorbing - the narrator was easy to listen to and the financial products, markets and institutions were explained clearly and in a way that I could follow and understand. I went from a complete lack of interest in the subject matter to being rather sad to reach the end.
Great book. Performance contains some obvious jarring cuts between recording sessions but is otherwise sound
"Worthwhile for those with an interest"
A thriller in terms of the effect on the financial markets rather than for heart-stopping action.
For anyone interested in how the largest financial fraud ever succeeded for such a long period of time, this book provides fascinating insight into a small group who uncover the Madoff ponzi scheme and their attempts to bring this to the attention of the SEC so as to have Madoff investigated and the scheme shut down. The aftermath of the scheme is examined including the actual testimonies and the effect on investors.
The story is retold in a fairly dry style which suits the content and does well to avoid an 'I told you so' stance from colouring the material or annoying the audience; isn't likely to entice casual listeners, however if you have a particular interest in financial markets in the aftermath of the 'credit crunch' debacle, you'll enjoy it.
Report Inappropriate Content
If you find this review inappropriate and think it should be removed from our site, let us know. This report will be reviewed by Audible and we will take appropriate action.