#markopolos

[mesillusionssousecstasy]

"People want to believe in good returns without downside risk. Everybody wants that in their portfolio, but they're chasing the Holy Grail. The Holy Grail doesn't exist in real life, nor does it exist in finance." (Markopolos - Madoff: The Monster of Wall Street - Episode 4)

[unboxingproductreview]

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[mostlysignssomeportents]

This day in history

I'm coming to BURNING MAN! On TUESDAY (Aug 27) at 1PM, I'm giving a talk called "DISENSHITTIFY OR DIE!" at PALENQUE NORTE (7&E). On WEDNESDAY (Aug 28) at NOON, I'm doing a "Talking Caterpillar" Q&A at LIMINAL LABS (830&C).

#15yrsago Campaign to get UK government to apologise for hounding Alan Turing to his death https://www.manchestereveningnews.co.uk/news/greater-manchester-news/campaign-to-win-official-apology-for-alan-927356

#10yrsago NYPD arrest NY gubernatorial challenger for videoing street-arrest https://web.archive.org/web/20140817215021/http://photographyisnotacrime.com/2014/08/14/new-york-governor-candidate-arrested-recording-aggressive-police-behavior/

#10yrsago EFF guide to cell phone use for US protesters https://www.eff.org/deeplinks/2014/08/cell-phone-guide-protesters-updated-2014-edition

#10yrsago Life-sized nude sculpture made from typewriter parts https://cargocollective.com/jeremymayer

#5yrsago The guy who figured out Bernie Madoff’s scam now says GE is about to go bankrupt https://www.cnn.com/2019/08/16/investing/ge-harry-markopolos-interview/index.html

#5yrsago Announcement of Tumblr’s sale to WordPress classified as pornography by Tumblr’s notorious “adult content” filter https://memex.craphound.com/2019/08/16/announcement-of-tumblrs-sale-to-wordpress-classified-as-pornography-by-tumblrs-notorious-adult-content-filter/

#5yrsago Judge orders the State of Georgia to be prepared for pen-and-paper balloting by March 2020 https://apnews.com/article/primary-elections-us-news-ap-top-news-voting-voting-machines-abd2949881514e42a50f2025595c9c2a

#5yrsago Art Spiegelman pulled his Marvel Folio Society intro after Disney demanded that he not criticize Trump https://www.theguardian.com/books/2019/aug/16/art-spiegelmans-marvel-essay-refused-publication-for-orange-skull-trump-dig

#5yrsago Major corporations blacklist ads on news stories that include the words “Trump,” “racism,” “gun,” “Brexit,” “suicide” and more https://www.nakedcapitalism.com/2019/08/advertisers-blacklisting-news-other-stories-with-controversial-words-like-trump.html

#5yrsago In California, the 2020 elections will feature an epic battle to allow cities to reinstate property taxes https://nymag.com/intelligencer/2019/08/2020-property-tax-battle-in-california-could-be-epic.html

#5yrsago 1000fps video reveals the underlying action of a stinging ant’s venom injection for the very first time https://www.youtube.com/watch?v=_jygY-ZHPxQ

#1yrago At long last, a meaningful step to protect Americans' privacy https://pluralistic.net/2023/08/16/the-second-best-time-is-now/#the-point-of-a-system-is-what-it-does

Community voting for SXSW is live! If you wanna hear RIDA QADRI and me talk about how GIG WORKERS can DISENSHITTIFY their jobs with INTEROPERABILITY, VOTE FOR THIS ONE!

[the-hacker-news]

Warning: Markopolo's Scam Targeting Crypto Users via Fake Meeting Software

The Hacker News : A threat actor who goes by alias markopolo has been identified as behind a large-scale cross-platform scam that targets digital currency users on social media with information stealer malware and carries out cryptocurrency theft. The attack chains involve the use of a purported virtual meeting software named Vortax (and 23 other apps) that are used as a conduit to deliver Rhadamanthys, StealC, http://dlvr.it/T8TzB2 Posted by : Mohit Kumar ( Hacker )

[ericvanderburg]

Warning: Markopolo's Scam Targeting Crypto Users via Fake Meeting Software

http://i.securitythinkingcap.com/T8TcKp

[georgebuckettwo]

Harry Markopolos. No-one believed him when he said Madoff was running a ponzi scheme.

[crackinmyhcart]

A little kiss for my Bettie! 💕

[laliitomytzu]

View this post on Instagram

A post shared by Juan Eduardo García (@eduardomytzu)

Mientras circulan fotografías de #markopolo dándole tremendo beso a #joaquinmuñoz #niurkamarcos comparte esta fotografía supuestamente derramando miel. QUÉ TE PARECE? @eduardomytzu #eduardomytzu https://www.instagram.com/p/CMnn9eOpZks/?igshid=qoe5h40mr4v1

[mesillusionssousecstasy]

MADOFF: The Monster of Wall Street

It was such a good documentary. Not too long, not too short.

I would have liked to understand better the fraudulent operation behind that scheme.

Honestly, people are as guilty as Bernie Madoff, they are just so so greedy. How can someone even believe to have 100% return without any loses.

And the institutions are as guilty as him too.

I really felt sorry for the mathematician, Markopolos who knew that Madoff was a fraud and did everything to show it, but no one believed him, until it was too late.

Some people are just too stupid.

Worst JP Morgan Chase "acknowledged a lack of oversight in monitoring Bernie Madoff's bank transactions, but the company claimed that no employee knowingly assisted in the fraud."

Some quotes :

"- And the choice he made was, he could live with himself as a liar much more easily than he could live with himself as a failure." (Episode 1)

"- He's both Bernie's savior, if you will, and Bernie's deep, enraging enemy, because Bernie, as the ultimate control freak, has allowed somebody to basically control him." (Episode 2)

"- For what Madoff needed to reassure his investors. Even before Madoff himself knew what he needed." (Episode 2)

"- A white-collar crime is different than a blue-collar crime. A blue-collar crime, the bodies drop before you investigate. And a white-collar crime, they drop afterwards." (Episode 4)

"- He chose, the methodology of death that he did, a painful solution, to atone for his sins of omission." (Episode 4)

"- Why would anybody trust me to give me business? Turn their money over to me? But the first thing I learned: Whatever you do in this business, never break your word. Your word was your bond, literally, and that was it. You trusted everybody. But nothing in this industry is what it looks like." (Episode 4)

"- People knew not to ask too many questions. If you're getting good returns and you're getting lots of money, and you're not to as any questions, you don't ask any questions. And, you know, greed has a way of doing that to people." (Kotz - Episode 4)

"- JP Morgan Chase has pled guilty to five massive criminal conspiracies involving billions of dollars within the last six years. When they get caught, they're never required to disclose the profits they made on the scheme. They just pay a fine and they go on." (Episode 4)

"- You know, my dad's crime... it killed my brother quickly and it's killing me slowly." (Mark Madoff - Episode 4)

"- Noted psychiatrists that I talked with about Madoff's case hypothesized that what Bernie was grieving was the loss of his family's adoration. It was not so much that he loved them as that he loved having them love him. Which is, of course, pure narcissism and pure sociopath." (Episode 4)

"- And the price of trusting anyone is that they can betray you liked that." (Episode 4)

"- People want to believe in good returns without downside risk. Everybody wants that in their portfolio, but they're chasing the Holy Grail. The Holy Grail doesn't exist in real life, nor does it exist in finance." (Markopolos - Episode 4)

[cocosse]

“It's not the armed robbers or drug dealers who cause the most economic harm, it's the white collar criminals living in the most expensive homes who have the most impressive resumes who harm us the most. They steal our pensions, bankrupt our companies, and destroy thousands of jobs, ruining countless lives.”  

The Underlying Human Element | Harry Markopolos, 2010 >

[unboxingproductreview]

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[shortformblog]

The guy that uncovered Bernie Madoff’s egregious financial fraud over a nine-year period is now focused on General Electric’s books—and he doesn’t like what he sees. He even has a fun website that compares GE to Enron. Their stock is of course taking a big dive on this news.

[darshanan-blog]

Madoff: The Monster of Wall Street - Series Review

This 4 episode series, starring Joseph Scotto as Bernie Madoff, currently streaming on @Netflix gives an insight into Madoff, the man and the largest ponzi scheme in history that he managed to keep going for decades.  So what’s a ponzi scheme? It is a form of fraud that lures investors and any profits accrued to them are paid with funds received from more recent investors. Madoff had a small…

[usunezukoinezu]

I want to hear and see what they’re saying remotely through their public appearances, through their financial statements, and then I want to analyze that information mathematically using these simple techniques.…I want to find the truth. I don’t want to have a favorable opinion of somebody who glad-hands me, because that could only negatively affect my case.

Harry Markopolos

[crackinmyhcart]

Made some breakfast for Rob and I earlier! Felt like a little kid again!