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Harry Markopolos Quotes: A super-sized fraud of this magnitude was bound to happen given the lack of regulation of these off-shore entities.
         

A super-sized fraud of this magnitude was bound to happen given the lack of regulation of these off-shore entities.


Harry Markopolos
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"Harry Markopolos Quotes." Quoteslyfe.com, 2024. Sat. 04 May. 2024. <https://www.quoteslyfe.com/quote/A-super-sized-fraud-of-this-magnitude-638119>.





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Other quotes of Harry Markopolos


I've found that wherever there is one cockroach in plain sight, many more are lurking behind the corner out of view.

I've found that wherever there is one cockroach in plain sight, many more are lurking behind the corner out of view.



The SEC now is 3500 chickens, and we need to get some foxes in there.

The SEC now is 3500 chickens, and we need to get some foxes in there.



Madoff Securities is the world's largest Ponzi scheme.

Madoff Securities is the world's largest Ponzi scheme.



Now, a 45-degree angle is not something we deal with in finance. It's something you see in a high school geometry class. Performance like that has never been recorded in human history.

Now, a 45-degree angle is not something we deal with in finance. It's something you see in a high school geometry class. Performance like that has never been recorded in human history.



The best thing you can say about offshore investors is that they're tax cheats in their home countries.

The best thing you can say about offshore investors is that they're tax cheats in their home countries.



We as the American people have to hold ourselves accountable because we didn't hold our government accountable.

We as the American people have to hold ourselves accountable because we didn't hold our government accountable.





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Quote Description


This page presents the quote "A super-sized fraud of this magnitude was bound to happen given the lack of regulation of these off-shore entities.". Author of this quote is Harry Markopolos. This quote is about given, scandal, regulation, magnitude, fraud, shore, corruption,.