Chasing Madoff

2010
6.2| 1h31m| en
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A look at how one investigator spent ten years trying to expose Bernie Madoff's massive Ponzi scheme that scammed an estimated $18 billion from investors.

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Reviews

Inclubabu Plot so thin, it passes unnoticed.
Matialth Good concept, poorly executed.
TaryBiggBall It was OK. I don't see why everyone loves it so much. It wasn't very smart or deep or well-directed.
Quiet Muffin This movie tries so hard to be funny, yet it falls flat every time. Just another example of recycled ideas repackaged with women in an attempt to appeal to a certain audience.
whidbeydanielg The basic story was ripe for an excellent documentary. It was about how a small group of people tried warning others about Madoff. They failed, but not for lack of trying, and good for them for trying.However, the documentary itself is far too dramatic. After awhile it was tiring to hear the small group tout itself as being extraordinarily brave. The main guy who stuck with it ended up looking as disturbed as Madoff--living in a paranoid fantasy world where his family was in constant danger.It runs about an hour and a half. It would have been a very good 50-minute documentary. But it drags on and on, often not getting anywhere.Too bad. It had a real story to tell.Also missing is any investigative reporting, after the fact, about why the people who were alerted (looking at you SEC, Wall Street Journal) didn't act? We still don't know why from this documentary.
jotix100 Harry Markopolos, the man at the center of this documentary, had no clue into what he was about to embark, when his friend, Frank Casey, asked him to check the numbers in a firm that was the 'star' of the investment world. Mr. Casey's intention was to be able to comprehend the success of a powerful man in New York, one Bernard Madoff. It only took Harry five minutes to realize he was looking at the largest fraud perpetrated in the financial annals of the world.The documentary "Chasing Madoff"', conceived by its director, Jeff Prosserman, and based on the book written by Mr. Markopolos, while trying to clarify the way Mr. Madoff was able to fool everyone, is a dull piece of movie-making. The style the director uses does not add anything to the story that has been told and retold after the scandal broke in 2008. Mr. Markopolos and the other principals keep repeating themselves while the main villain of the story, Bernard Madoff is only a passing thought. Harry Markopolos had reasons to believe his life would be in danger. He became paranoid, expecting his death, or the harming to his family. His reports to the SEC went directly to the waste basket, so he should not have worried unnecessarily. The best thing in the documentary is the appearance of Congressman Gary Ackerman questioning the big shots of the SEC, the people who should have detected the fraud and sat idly by.
WillVenture I think Madoff is terrible and did a terrible thing, but this documentary is just horrible. This documentary is NOT about chasing Madoff; it is 95% Markopolos talking about how he feared for his life, always carried fire arms, checked under his minivan for bombs, while he simultaneously tried to make money replicating Madoff's (fake) investment strategy and held meetings where he tried to steal clients away from Madoff using similar (apparently legitimate) investment strategies. Most of the other 5% is comprised of flash-cuts to dead gangsters, funeral processions, and guns - in a melodramatic yet unbelievable ploy to convince us that his life was at risk (which apparently was all in Markopolis's head and never shown to be even close to true). This doc is totally over-the-top and makes Markopolos look like a paranoid loser who really really really wants people to think he is a bad-ass former soldier and David to Madoff's Goliath - neither of which are true (other than he was in the Army reserves). He comes across as a man on a mission to bring down Madoff not for the benefit of society or Madoff's victims, but to gain notoriety, fame, and hopefully fortune. He states that he was scared for his life and for his family, yet he kept making babies during his entire crusade. Would someone who was really scared for his family seriously keep creating new members to have to protect?? This doc is the equivalent of a third-rate desk jockey during the Iraq War telling everyone five years after its over that he was Rambo and lead a small band of special forces soldiers that brought down Sadam with no help from others. I thought I was going to watch a doc about Madoff's fall from grace; instead I watched 1.5 hours of a paranoid, melodramatic, hypocritical, armchair quarterback trying to convince the world how awesome he is. What a waste of time.
Alan Winter I don't understand the low marks for this film. It's a lively, fascinating telling of the Madoff tale, or rather, the two Madoff tales -- one about what he did and how he got caught, the other about how the people he did it to tried to protect him.It's refreshing to see everyday people working in finance, and even more impressive to see them exercising values like sacrifice, courage, and the rule of law. Maybe the film is 10 minutes too long, but that's a small price to pay for this story. If you're looking for an action film, rent 'Let the Bullets Fly.' If you're looking for an entertaining overview of the largest financial fraud in history, and its relevance for the rest of us, this is your documentary.