chinman.com

Public Zone 公開區 => Bookwyrm 書蟲天地 => Topic started by: chin on 01 November 2009, 02:50:45



Title: Investigation of Failure of the SEC to Uncover Bernard Madoff's Ponzi Scheme
Post by: chin on 01 November 2009, 02:50:45
Just to book mark it now.

I am going to read the whole darn thing one of these days... both the 477 page report (attached) and the 6100+ pages of exhibits.

http://www.sec.gov/news/studies/2009/oig-509/oig-509_exhibits.htm


Title: Re: Investigation of Failure of the SEC to Uncover Bernard Madoff's Ponzi Scheme
Post by: chin on 09 June 2011, 02:36:34
Last year I read "No One Would Listen: A True Financial Thriller" by Harry Markopolos.

It's the story how he was pushed by management to replicate the Madoff strategy but couldn't, thus leading him to suspect the Madoff returns were fake, and the subsequent story of how frustrated he got getting no where complaining to SEC.

---

Anyway, this is not related to Madoff but financial market frauds in general.

I read in the news few days ago about this guy who find those fraudulent Chinese concept companies listed in the North American markets. I am book marking it here and attached some key reports. Should be some good reading, but don't forget that these are from a short-seller.

http://www.muddywatersresearch.com/
 
 ***  Hidden Message Below  ***


Title: Re: Investigation of Failure of the SEC to Uncover Bernard Madoff's Ponzi Scheme
Post by: chin on 09 June 2011, 05:09:31
 ***  Hidden Message Below  ***


Title: Re: Investigation of Failure of the SEC to Uncover Bernard Madoff's Ponzi Scheme
Post by: hangchoi on 09 June 2011, 10:16:02
 

hahaha....The most ineffective workers will systematically move to the place where they can do the least damage : Management.