90.9 WBUR - Boston's NPR news station
Top Stories:
PLEDGE NOW
Markopolos: 'No One Would Listen'

Harry Markopolos listens to testimony from David Kotz, the Securities and Exchange Commission (SEC) inspector general, not pictured, during a Senate Banking Committee hearing regarding Bernard Madoff, Thursday, Sept. 10, 2009. (AP)

Onetime Wall Street legend Bernie Madoff pulled off the biggest Ponzi scheme in history — until he didn’t. And $65 billion — many people’s life savings — went up in smoke.

Harry Markopolos saw it coming, for years, and could not get anyone to stop it. He and a band of investment insiders begged the SEC to shut Madoff down, to open his books and really see.

They got nowhere. Instead, Harry Markopolos feared for his own life — that big-money Madoff investors would come after him for spoiling the game.

This hour, On Point: The man who yelled bloody murder about Bernie Madoff.

Guests:

Harry Markopolos, securities executive at Rampart Investment Management from 1991 to 2004. He now works privately as a forensic accounting analyst. His new book is “No One Would Listen: A True Financial Thriller.”

Frank Casey, former colleague of Harry Markopolos at Rampart Investment Management, from 1998 to 2001. He was the one who first told Markopolos about Bernie Madoff. He now works for Close Asset Management, a wealth management bank based in London.

More:

WBUR’s Curt Nickisch got the first radio interview with Harry Markopolos, which aired on April 21, 2009. You can read the transcripts and watch video from WBUR.

Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
Oct 30, 2014
Realtor Helen Hertz stands in front of one of her listings in Cleveland Heights, Ohio Friday, Oct. 24, 2014. Hertz, a real estate agent for more than three decades, has seen firsthand what has happened to the market in the wake of the recession and foreclosure crisis. (AP)

Home ownership rates are at a 20-year low. Millennials and more aren’t buying. We’ll look at what American’s think now about owning a home.

Oct 30, 2014
Soylent is a new meal-replacement substance meant to offer a complete nutritional alternative to traditional food. (Courtesy Soylent)

Soylent is a grey smoothie the consistency of pancake batter that claims it can replace all your food. On a crowded planet, is this the future of food? Plus: what does the Antares rocket crash mean for private space travel?

RECENT
SHOWS
Oct 29, 2014
A visitor looks at the simple wooden cross that marks the grave of Welsh poet and playwright Dylan Thomas, in Laugharne, Wales, Sept. 17, 1963. (AP)

A century after his birth, poet and writer Dylan Thomas lives on. We look at his exuberant work and short life.

 
Oct 29, 2014
In this Tuesday, Oct. 1, 2013 image provided by the Utah Division of Wildlife Resources, a young bear is rescued from drowning after eluding officials, at Lake Powell, Utah. (AP)

A big debate in the West over transferring Federal public lands to states. We’ll hear from both sides.

On Point Blog
On Point Blog
The Explicast, Episode Two: Why Is Election Day On A Tuesday?
Friday, Oct 24, 2014

The Explicast is back for another round. This time, we’re looking at Election Day, and why we all keep voting on a random Tuesday in early November.

More »
2 Comments
 
Our Week In The Web: October 24, 2014
Friday, Oct 24, 2014

On comments, comment sections, and ROY G BIV.

More »
Comment
 
Introducing The Explicast: A New Podcast From On Point Radio
Friday, Oct 17, 2014

Confused about the news? Don’t worry: so are we sometimes! Introducing a new On Point Radio podcast: The Explicast. You can find Episode One right here.

More »
3 Comments