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Thursday
Mar112010

Harry Markopolos: "The Only Job I Would Take At The SEC Is Chairman" (VIDEO)

Video:  Markopolos speaks with the WSJ -- March 11, 2010

(Another clip is below)

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Harry Markopolos for SEC Chairman

Harry Markopolos is finally taking his victory lap. Out hustling a new book about his nearly decade-long pursuit of Bernie Madoff, he's been on a whirlwind media tour: CNBC, MSNBC and The Daily Show with Jon Stewart.

Mr. Markopolos finally seems relaxed and at peace. Mr. Madoff is in jail. The Feds are closing in on his accomplices. Mr. Markopolos clearly is having some fun. After being ignored for so long, he's finally the center of attention—on his terms.

But even with his crusade against Mr. Madoff behind him, part of Mr. Markopolos, 53 years old, is still burning. He says the Securities and Exchange Commission, which rebuffed him for so many years, is improving under its new chairman, Mary Schapiro, but largely remains broken. Investors, for the most part, are still unprotected, Mr. Markopolos said.

Given Mr. Markopolos' record and the new momentum in Washington for reform, it's worth revisiting a question put to him by Rep. Michael Capuano, during his Feb. 4, 2009, appearance before the House Financial Services Committee: Would he be willing to lead a whistleblower program at the SEC?

At the time, Mr. Markopolos said he couldn't because of his family commitments. But his twin boys are school age and his third child turns four this year. The book is out. Would Mr. Markopolos reconsider?

"If they wanted me to be chairman of the SEC, I would do it," Mr. Markopolos said in an interview. "If they wanted me to be chairman of a super regulator, I would do it. I know where the skeletons are buried on Wall Street. I know how to dig them up and I know how to attract and recruit talented finance professionals and incentivize them."

Continue reading at the WSJ  >>

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CNN Video:  Madoff whistleblower Harry Markopolos -- March 2, 2010 

Markopolos Book:  Thought About Killing Madoff  >>

 

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(Screenshot...videos are above)

 

 

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Reader Comments (4)

http://www.huffingtonpost.com/2010/02/25/madoff-whistleblower-book_n_476820.html

Madoff Whistleblower Book: Claims He Uncovered State Street Fraud, Thought About Killing Madoff
Mar 11, 2010 at 3:23 PM | Registered CommenterDailyBail
i welcome the day of protests...but i doubt it happens here...

since all our debt is in our own currency, we'll just keep on printing...the dollar destruction will happen slowly enough that the sheeple won't even notice...
Mar 11, 2010 at 8:11 PM | Registered CommenterDailyBail
Greek riots...60,000
Total Population of Greece...about 12,000,000
% of Population .5%

Total Population...about 310,000,000
Similar U.S. riots...that's 310,000,000 x .5%

OR 1,550,000 rioters

That's the kind of math that really gets me thinking DB...how about you?
Mar 11, 2010 at 11:41 PM | Unregistered CommenterZarathustra

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