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)
