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Entries in harry markopolos (3)

Friday
Oct142011

Jake Gyllenhaal as Harry Markopolos?

The "secret" whistleblower at BNY Mellon: How Grant Wilson and his new partner in no-crime, Harry Markopolos, are changing the game

Forbes

I can see the movie scripts being churned out now.  The film, based on a true story, profiles Harry Markopolos’ evolution from an independent investment fraud vigilante to a powerful fraud robo-cop who is revered by everyone from prosecutors to protestors and feared by those who toil away for profit on Wall Street. 

Read the full article here.

Wednesday
Oct052011

Truth Lies in Numbers

U.S. and New York sue Bank of New York Mellon over foreign exchange fees

The New York Times

The New York attorney general and the United States attorney in Manhattan filed separate lawsuits on Tuesday against the Bank of New York Mellon, accusing it of cheating state and other pension funds nationwide out of foreign exchange fees over the last decade.

Read the full article here.

Friday
Sep232011

The World According to Harry

Harry Markopolos: How to spot a fraud

Bloomberg Businessweek

It’s easy. It’s like whack-a-mole. Focus on the manager or the company that is head and shoulders above the rest. Whenever somebody has outstanding performance, Wall Street assumes genius. I assume fraud until genius is proven.

Read the full article here.