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Chasing Madoff [Blu-ray] [Import]

Blu-ray

Price: CDN$ 33.44 & FREE Shipping. Details
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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: 3.8 out of 5 stars  26 reviews
4 of 4 people found the following review helpful
4.0 out of 5 stars Chasing Madoff May 10 2012
By Liv - Published on Amazon.com
Format:DVD|Verified Purchase
Although this was probably a low budget film, it is something most people should see. It is mindboggling that the offices who should have discovered the fraud did not, including the media. it seems they were afraid of powerful people in high places.I am glad I purcased this film from Amazon
3 of 3 people found the following review helpful
5.0 out of 5 stars Chasing Madoff May 7 2012
By nalzy - Published on Amazon.com
Format:DVD|Verified Purchase
Very interesting and informing from the point of view of an actual victim. Since it affected me and my family directly, we were glued to the TV. Madoff destroyed so many lives, and the sad part is that it could have been avoided.
2 of 2 people found the following review helpful
1.0 out of 5 stars 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
5.0 out of 5 stars A Hopeful Film That is Needed! Aug. 12 2012
By Master Shake - Published on Amazon.com
Verified Purchase
Harry Markopolos, 'is no hero' - these are his words.

Having served in the military, and experiencing the ambiguity and moral failure of contemporary life, I too struggle with questions of 'right and wrong' in the context of business.

This documentary describes a kind of man that is rare these days - quiet, thoughtful, loving, good and brave. If you have given up on the American business man and believe that the Wallstreet crowd is rotten to the core, then know this - Harry Markopolos exists, his story is true and we can hope there are more men and women like him.

The documentary itself is different from others I have viewed on the 'Madoff Affair'. I, personally, have a deep interest in the macroeconomic and systemic failures that were background to the Madoff incident, but the Madoff story is part of the general failure of American finance in the 2 decades that led up to 2008 - and, frankly, this same corruption persists today.

A core question, which the film keeps in the background throughout, is the following: 'why didn't anyone at the SEC take action?'. This question is difficult, because we have been led to believe, in the modern era that 'regulation and regulatory agencies keep us safe'. But I suspect the answer is more obvious and frightening: Madoff was an extraordinary and evil 'shark' in waters filled with criminals and 'sharks'. If Madoff's scheme was a moral outrage, then what do we say of Goldman-Sachs and its 'guarantee' that allowed Greece to enter the EUROZONE in the early 2000's? I digress, but I fear the reason for the SEC ignoring Mr. Markopolos is because ANY dent in the presumed 'genius' and 'professionalism' of WALLSTREET threatened all of the crooks.

Where this story is strongest is in fusing the 'character story' of Mr. Markopolos with the 'technical' aspects, but for wonks there is little to no 'depth' in the technical explanation. The fact that this documentary stays a bit above the technical side of the story is no weakness - there are many films which cover these core financial topics and do it well. But, I think we needed a story about men like Mr. Markopolos, and Mr. Casey and the others who assisted and kept the faith.

Harry Markopolos is no hero - he is simply more than that. He is a man of conscience and action in a world that is slipping towards darkness.
1 of 1 people found the following review helpful
5.0 out of 5 stars 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.
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