Madoff Whistleblower Markopolos Blasts SEC But Praises New Chair Schapiro

Madoff Whistleblower Markopolos Blasts SEC But Praises New Chair Schapiro

Chartered financial analyst Harry Markopolos spent 10 years unsuccessfully trying to convince the Securities & Exchange Commission to investigate Bernie Madoff. Now that Madoff's $65 billion Ponzi scheme has been revealed as the biggest fraud in U.S. investing history, Markopolos is pushing for dramatic changes at the SEC, which oversees the brokerage and investment industries.

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