In recent decade of irrational exuberance, money managers missed the signs of approaching doom. Much like ignoring hurricane warnings, people like Harry Markopolos warned the watch dog organization of Wall Street, the Security and Exchange Commission (SEC). When Madoff’s financial abuse made front page news, the SEC lost credibility with independent investors. The sins of Bernie Madoff has affected the South Florida charitable fund raising on a local level.
Sometimes veering too much towards the dramatic comedy, Canadian director Jeff Prosserman’s superficial approach deflates Harry Markopolos’ emotional sacrifice. That said, **Chasing Madoff** simplifies Madoff and his Ponzi schemes, making a complicated financial con job approachable for the layman.