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Chasing Madoff [Blu-ray] [Import]

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Product Details

  • Format: NTSC, Import
  • Language: English
  • Region: Region A/1
  • Aspect Ratio: 1.77:1
  • Number of discs: 1
  • Studio: Mpi Home Video
  • Release Date: April 3 2012
  • ASIN: B006Z7Z3IG

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Most Helpful Customer Reviews on Amazon.com (beta)

Amazon.com: 35 reviews
8 of 10 people found the following review helpful
Markopolos probably deserves a better documentary than this May 20 2013
By robin - Published on Amazon.com
Verified Purchase
First off, let me just say that I highly respect Mr. Markopolos and fully acknowledge that he was one of the few people who labored mightily to bring down the Madoff fraud. Unfortunately this documentary comes up way short when discussing the nature of the Madoff scheme, then quickly drowns in over-dramatizations of Markopolos extreme paranoia.

If you wish to gain a better understating of the Maddof affair and how Harry Markopolos fits into the picture, I highly recommend Frontline's documentary on this topic, or Diana B. Henriques book "The Wizard of Lies." If you want to see 45 minutes of extraneous footage of Mr. Markopolos loading clips into handguns, putting on body armor, or peeking through blinds, this is the movie for you.

Look, I get that Mr. Markopolos probably felt a great deal of stress going up against someone as powerful as Madoff, but in hindsight the level of his panic was probably not justified; the story since revealed shows that Madoff didn't regard Markopolos or the Media as anything other than a small roadblock to amassing new clients. Markopolos really jumps the shark when, after the Maddof scheme implodes, he becomes absolutely convinced that the SEC is imminently going to execute a raid on his home and assassinate him and his family in order to hide the evidence of the SECs failings. He has his wife stand at the top of stairs, gun drawn, with instructions to shoot anyone who tries to enter; meanwhile he goes to a nearby pizza shop to fax some documents to a reporter. The whole segment is absolutely bizarre.

Frankly, if Markopolos acted at all in person like he comes off toward the end of this documentary, I can understand why so many people wrote him off as someone whom not to take seriously. This in no way excuses the SEC from its failure to act however. Harry Markopolos was absolutely right about Maddoff, it is just a shame that he was so ineffective at making the case to everyone else.
4 of 4 people found the following review helpful
Waste of Money Nov. 7 2013
By Darlene - Published on Amazon.com
Verified Purchase
Just go watch the free Frontline documentary on Madoff if you want to know how Madoff got away with things. Watching this, you'll just get to see and hear endless clips of Markopolos acting like he thinks his life is a financial services version of the Sopranos.
2 of 2 people found the following review helpful
Harry Markopolos for head of the SEC Dec 31 2013
By Amazon Customer - Published on Amazon.com
Format: DVD
Everyone should watch this documentary, even if you think you're familiar with the Madoff story.
The media did not report on a lot of the details, and there are things here that you may not have not heard before.
The main thing is that the Madoff Ponzi scheme was much bigger than most people realize; it was truly global in scope and people all the way up to many European royal families (and perhaps Prince Charles) were affected.
Also, Madoff did not act alone. He kept the smallest slice of the pie for himself and made sure that all the feeder funds made big money. There was also offshore or "dark" money invested in Madoff's scheme.

Because of this, Markopolos had valid reason to fear for his life.

Also, prior to watching this documentary, I was not aware of the story of Thierry de la Villehuchet, which was tragic. Markopolos seems to think he was involved with head-hunting for Bernie, while Harry's colleague Frank Casey believes Thierry was an honorable man who got duped like everyone else. Either way, it was sad to hear how he despaired and took his own life when the scheme came crashing down.
Also the story that Frank Casey tells of "Abe" and his failed attempt to warn his new wife and father-in-law to not invest was sobering and sad to hear.
Saddest of all is that almost no one listened to Markopolos and his colleagues; the economy is what brought Madoff down. Even though Markopolos was invited to testify before Congress, and received praise from some representatives, you could tell he was not a welcome guest there; but they finally had to listen to him since the scheme had blown up due to the financial collapse. Most politicians are beholden to Wall Street, just as the SEC seems to be, and I don't think Washington really wanted to hear what Harry had to say about the corruption of the system. If the politicians truly appreciated Mr. Markopolos, they would have appointed him head of the SEC. Can you imagine what things would be like on Wall Street if Markopolos led the SEC? But no politican who has taken money from Wall Street (and that's almost all of them) would ever dare nominate him.
One other thing I found interesting was when Harry's colleague alludes to the other great Ponzi scheme: "God forbid we should ever lose confidence in the US Dollar", but that's a tale for another documentary.

The main lesson I took away from this documentary is that you can't trust government or Wall Street to protect your money; like Maggie Mahar or Catherine Austin Fitts would say, you must get your money off Wall Street and put it on Main Street if you want it safe - buy a home, a business, gold and silver, or other hard assets, and be sure to bank with a local bank or credit union that is conservative and well run.

Everyone should watch this film so that they understand how corrupt the system is.
2 of 2 people found the following review helpful
great story, dissapointing doc Nov. 6 2012
By Rachel Grean - Published on Amazon.com
Format: DVD
I was actually hoping for more on Madoff himself than to hear again just how frightened the whistle-blower was with more than a couple of filmed references to his children who are sweet but it felt like feather-bedding. I may not watch it again and I own it!.
2 of 2 people found the following review helpful
Not worth it June 30 2012
By Trim - Published on Amazon.com
Format: DVD
Important story, but this movie should have been made a 20 min documentary. The attempt to make this into a superhero story just work against it. Would prefer to watch a unbiased re-caption of the issue. Not worth watching the whole thing.

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