Chasing Madoff (2011)
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Critic Reviews for Chasing Madoff
Prosserman wisely skirts the esoterica of high finance, though he cleverly uses good visual devices to suggest the shocking scope of Madoff's crimes.
If you're wondering why so many people are cynical about Wall Street, the government and the system in general, "Chasing Madoff" tells you.
The film may leave some viewers even more confused about the Madoff affair than they were in the first place.
Viewers get very little about Madoff himself. While the film is primarily about Markopolos, it makes little sense without much insight into his nemesis.
"Chasing Madoff" is not a very good documentary, but it's a very devastating one.
The hero has a colorless, off-rhythm voice, dead eyes, disorderly hair. He's not, we gather, an imaginative man, but, a religious Greek Orthodox and a former Army officer, he's propelled by a strong sense of rectitude, an ethos of duty.
Audience Reviews for Chasing Madoff
"Chasing Madoff" is an insightful documentary, in more ways than one, about Harry Markopolos, a portfolio manager, who along with a couple of colleagues and an intrepid reporter, was the first one to notice that Bernard Madoff was not only up to no good, but was also in fact running a giant Ponzi scheme. Sadly, nobody else was listening, not most publications or most importantly, the SEC. In this case, the devil really was in the details, as Harry could tell by the returns that Madoff was sending out that they were fraudulent since nobody consistently gains like that in the stock market, as the documentary also smartly compares Wall Street to the horse track without the watered down beer. However, too much of the documentary is left to empty style in going in circles around Harry's paranoia. But don't laugh, as at the time, Madoff was a very powerful man who may have been getting money also from organized crime. Still, no matter how much time is spent talking about him, Madoff remains a shadowy figure. I mean if a Ponzi scheme is a house of cards that would eventually crumble underneath its own weight, what was Madoff's planned endgame? In the end, it would not be Harry who would bring him down but every other greedy bastard on Wall Street with the financial crisis in 2008. In any case, the role of the whistleblower could not be any clearer in society, especially when the system fails as it did here. Pay no attention to them at your own risk.
This documentary on the 2008 Bernard Madoff investment scandal came across as a self-promotion for the elaborate Ponzi scheme whistleblowers since it never fully features Madoff himself but primarily on one, understandably yet tiresome, crazed individual. While the producers tried making it engaging by employing various camera techniques or reenactment segments, it felt contrived. Editing was a huge issue as it took some time before it finally settled on a thread of thought to focus on. Despite the calamitous subject matter, "Chasing Madoff" never ran the hard enough the full extent.
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