Chasing Madoff: Difference between revisions
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The film chronicles how Harry Markopolos and his associates spent ten years of investigation in an attempt to expose [[Bernie Madoff]]'s [[Ponzi scheme]], which scammed an estimated $18 billion from investors. |
The film chronicles how Harry Markopolos and his associates spent ten years of investigation in an attempt to expose [[Bernie Madoff]]'s [[Ponzi scheme]], which scammed an estimated $18 billion from investors. |
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The systemic problems exposed in the movie have not changed. Indeed, it is far harder for a fraud victim to prevail. In 2009, the Supreme Court required a plaintiff to establish his claim before any disclosure is required by the defendant. Labels and conclusions" and "a formulaic recitation of the elements of a cause of action" will not suffice.<ref>Bell Atlantic v. Twombly, 550 U.S. 544, 555 (2007).</ref> Thus, correct statements about fraud, when not supported by appropriate documentation, will lead to a dismissal of the claim. Absent supporting documentation, the culprit is presumed to be telling the truth and the victim to be lying or mistaken. |
The film implies that the systemic problems exposed in the movie have not changed. Indeed, it is far harder for a fraud victim to prevail. In 2009, the Supreme Court required a plaintiff to establish his claim before any disclosure is required by the defendant. Labels and conclusions" and "a formulaic recitation of the elements of a cause of action" will not suffice.<ref>Bell Atlantic v. Twombly, 550 U.S. 544, 555 (2007).</ref> Thus, correct statements about fraud, when not supported by appropriate documentation, will lead to a dismissal of the claim. Absent supporting documentation, the culprit is presumed to be telling the truth and the victim to be lying or mistaken. |
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== Cast == |
== Cast == |
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Revision as of 16:19, 7 January 2018
| Chasing Madoff | |
|---|---|
 Film poster | |
| Directed by | Jeff Prosserman |
| Produced by | Jeff Prosserman Jeff Sackman Randy Mains |
| Starring | Bernie Madoff Harry Markopolos |
| Music by | David Fluery[1] |
Release date |
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Running time | 91 min.[2] |
| Country | United States |
| Language | English |
Chasing Madoff is a 2011 documentary film written and directed by Jeff Prosserman. The film is based on the book by Harry Markopolos.
Content summary
The film chronicles how Harry Markopolos and his associates spent ten years of investigation in an attempt to expose Bernie Madoff's Ponzi scheme, which scammed an estimated $18 billion from investors.
The film implies that the systemic problems exposed in the movie have not changed. Indeed, it is far harder for a fraud victim to prevail. In 2009, the Supreme Court required a plaintiff to establish his claim before any disclosure is required by the defendant. Labels and conclusions" and "a formulaic recitation of the elements of a cause of action" will not suffice.[3] Thus, correct statements about fraud, when not supported by appropriate documentation, will lead to a dismissal of the claim. Absent supporting documentation, the culprit is presumed to be telling the truth and the victim to be lying or mistaken.
Cast
Reception
Based on 17 critic reviews (6 positive, 8 mixed and 3 negative) Chasing Madoff received a Metascore of 52 out of 100 on Metacritic.[5] Entertainment Weekly gave the film a B+ rating.[2]
References
- ^ Honeycutt, Kirk (12 August 2011). "Chasing Madoff film review at The Hollywood Reporter". The Hollywood Reporter, film reviews. The Hollywood Reporter. Retrieved 1 September 2011.
- ^ a b Gleiberman, Owen (26 August 2011). "Chasing Madoff Film review at Entertainment Weekly". Entertainment Weekly, film reviews. Entertainment Weekly. Retrieved 1 September 2011.
- ^ Bell Atlantic v. Twombly, 550 U.S. 544, 555 (2007).
- ^ a b c d e "Cast". Choen Media (Flash Website, ergo need to search for ref). Retrieved 28 August 2011.
- ^ "Chasing Madoff film review at Metacritic". Metacritic, film reviews. Metacritic. Retrieved 30 August 2017.
