Interview: Harry Markopolos of Chasing Madoff

Posted on August 22, 2011 at 5:32 pm

The award for the biggest “I told you so” of all time has to go to Harry Markopolos, who fought for nine years to convince anyone — regulator, prosecutor, journalist, or customer — that Bernard Madoff was a crook.  Finally, Madoff turned himself in for what turned out to be the biggest financial fraud in history.  At least, it’s the biggest one we know about so far. And it continues to make headlines, the latest today as a court ruled that Madoff victims cannot recover the fictitious profitsreflected on the statements they received.

Markopolos is the subject of a new documentary called “Chasing Madoff.”  He spoke to me about preventing and detecting fraud and the cases he is involved with now.  He will be attendng the Taxpayers Against Fraud conference in Washington, D.C. next month.

In the movie, you describe yourself as the boy who cried wolf — except that there was a wolf.

It felt like a fairy tale or was entering The Twilight Zone, no straight lines, just crooked lines.

I can understand why harried bureaucrats and conflicted politicians and journalists might be reluctant to tell the emperor he had no clothes. Madoff was a very connected and distinguished man. But why would the people who had money invested with him have no interest at all in asking him about the questions you raised?

The key point is that the smart people assumed he was front-running. That would put Madoff in jail if he was caught, but not the people who invested with him, and they’d still have the money. He was handling 5-10 percent of the stock value trades in the US and they assumed they were the beneficiaries of the fraud, not the victims. He intimidated people into not asking any questions. If you tried, he’d offer to give your money back. People did not pursue it because they wanted to remain in the money club.

Why would such a successful man think fraud was worth the risk?

You’re assuming he was successful before. He had a boiler room operation out of his apartment when he first entered in 1962. He had a 46-year-long crime spree.

Why did he finally give up?  To protect his sons?

To protect himself. It didn’t start out dangerous. When I saw the offshore hedge funds putting money in, I knew it was organized crime, laundering money against host nation tax authorities. Prison was the only place to keep him alive.

Do we know the truth now? Have you read his interviews since going to jail?

He is still lying. One or two or three things are true; the rest are lies. It is true that he hates me; he said that. He worked with the Chicago Board of Exchange and the big banks; they were willing conspirators. He named some names, threw some people under the bus. But three out of four of them are dead and the other one is 99 years old. There were a lot of people in bed with him.

Have any lessons been learned? Are we doing a better job of preventing and spotting fraud?

Not really. They should call them “compliant officers,” not “compliance officers.” Their specialty is looking the other way and not rocking the boat. You might as well give them a broom, they just sweep things under the rug. They are about appearances, not reality. Our cases against Bank of New York and State Street are moving forward and more are in the pipeline. For years, they were taking .3 of a percent from every trade for their pension fund clients.

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Crime Documentary Interview

Help Tell The Story of Rwanda

Posted on August 18, 2011 at 5:57 pm

My friend Jennifer Merin writes about documentaries for About.com.  She has a thoughtful new post about a new project from film-maker Anne Aghion to create a repository for historical documentation about Rwanda, including a huge cache of footage shot during the ten years she was on location in the country.

On the Kickstarter page about the project, which has already exceeded its funding target, Aghion says:

Since 1994, all Rwandans share genocide as their central legacy. As they search for a path to long-lasting recovery and peace, discovering—or re-discovering—their common history and cultural identity is essential to moving forward and to consolidating peaceful coexistence. Our goal is to give free and open access to that history in picture and sound.

The Iribia Center for Multimedia Heritage, whose name means “the source,” will gather films, photographs and audio recordings dating from the start of colonial rule in East Africa, more than a century ago, to the present day.

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Documentary
Glee Live! 3D

Glee Live! 3D

Posted on August 11, 2011 at 6:09 pm

Gather up, Gleeks, “Raise Your Glass” and get ready for “Fireworks!”  The musical TV series about a high school show choir, now poised to move from hit to cult, continues its juggernaut from television, CDs and iTunes downloads, live performances, a Karaoke video game, board game, Slushie cups, an iPad app, and Cheerios Cheerleader Costumes (with baby bump) into theaters with a concert movie, 3D of course.  It is expertly designed to make the fans happy with a can’t miss set-list of greatest hits, sung and danced as though the New Directions had been given another shot at Nationals.  This is fabulously entertaining.  There is nothing new here but it is a love letter for the fans, especially the fans who fast-forward through the talking parts of the show to get to the music.

On the Fox television series, now getting ready for its third season, New Directions is the name of Lima Ohio’s William McKinley High School show choir (the new version of the old glee clubs, but no less dorky). In the opening episodes,  Will Schuester (Matthew Morrison) persuades the principal to let him re-start the glee club, his favorite activity when he was a student there.  Soon he as a combination of school misfits and outcasts including Lea Michele as mini-diva Rachel, Amber Riley as the almost-equally-diva-ish Mercedes, Chris Colfer as the only out gay student in the school, Kevin McHale as Artie, who is in a wheelchair, and Jenna Ushkowitz as the shy Tina.  Through a series of plot complications, they were joined by some of the school’s most popular kids from the football team and Cheerios cheerleader squad, quarterback Finn (Cory Monteith) and his mohawked bad boy friend Puck (Mark Salling) and pregnant head cheerleader Quinn (Dianna Agron), ethereally air-headed Brittney (Heather Morris), and the tart-tongued tart Santana (Naya Rivera).

The storyline has included one teen pregnancy, one faked adult pregnancy, a reconnection with a birth mother, health crises, a wedding, and a very sad death, major guest stars (Gwyneth Paltrow, Neil Patrick Harris, Kristin Chenoweth, Eve, Carol Burnett, and Idina Menzel) and tributes (Madonna, Britney Spears, Lady Gaga, the Rocky Horror Show).  There have been shifting rivalries and volatile romances at the teen and adult level, a blazer-clad prep school show choir called the Warblers with a teenage dreamboat leader named Blaine (Darren Criss).  The major battle is between Will and the coach of the Cheerios, Sue Sylvester (played by Christopher Guest favorite Jane Lynch).  Second only to its electrifying musical numbers is “Glee’s” passionate commitment to inclusion.  In addition to its gay and straight, differently-abled, and multi-racial characters and cast members, it has had two major characters with Down syndrome.

Producer Ryan Murphy brings the same commitment to diversity to the song line-up on the show, and like the series this concert includes up-to-the-minute pop numbers from Pink, Lady Gaga, and Katy Perry, classic R&B (“Ain’t No Way,” “River Deep, Mountain High”) and classic rock (“Fat Bottomed Girls,” “Somebody to Love”), a little hip-hop, some Bowie, Michael Jackson, and Beatles, a Broadway show tune, a surprise guest appearance, and a remake of a legendary duet when Barbra Streisand guest-starred on Judy Garland’s variety show and they did a mash-up of “Get Happy” and “Happy Days are Here Again.” Performed by Michele (in a middy just like Streisand’s) and Coulter it is piercingly sweet.

The 3D camera is exceptionally well-suited to concert films, bringing us right on stage and giving us a sense of depth in the dance numbers (and such a realistic face-Slushie you’ll want to wipe it off).  Cinematographer Glen MacPherson and dancer/choreographer-turned director Kevin Tancharoen use the camera as a part of the movement of the dances and the music of the songs, keeping it moving but respecting the integrity of the numbers.  The now-standard back-stage glimpses work less well, partly because the cast does not seem to have a good sense of whether they are supposed to be themselves or stay in character and partly because they are far better performing choreographed numbers than ad libbing.  Jane Lynch and some of the shots in the trailer do not appear in the movie — look for them in the DVD extras, which include some special features: Shazam prompts on the screen alerting vieweers to a Shazamable moment. Using their smartphones, fans can “tag” the movie when prompted to unlock exclusive content, including song lyrics in time with the music using the LyricPlay feature, exclusive behind the scenes footage not seen in theaters; exclusive photos of the cast; trivia and special offers.

It is nice to see the enthusiasm of the fans, some wearing huge foam L-for-loser fingers to embrace their Gleekiness.  And there are three very affecting appearances by fans who reflect and benefit from the show’s emphasis on embracing difference.  Be sure to stay all the way through the credits for an encore and an adorable fan video from a mini-Warbler.

But mostly this movie exists for the same reason that glee clubs exist — the music lifts the spirits and the dances thrill the soul.

(more…)

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3D Documentary Musical
Interview: Joseph Dorman of ‘Sholem Aleichem: Laughing in the Darkness’

Interview: Joseph Dorman of ‘Sholem Aleichem: Laughing in the Darkness’

Posted on August 10, 2011 at 8:00 am

The writer Sholem Aleichem was born Sholom Rabinowitz.  He grew up in a Russian shtetl. Today, he is most widely remembered as the author of the stories which became the basis for Fiddler on the Roof.  But a new documentary from Joseph Dorman (“Arguing the World”) called “Sholem Aleichem: Laughing in the Darkness” makes a case for the man who changed his name to Yiddish for “Hello Friends” as not just a teller of folktales but a major literary figure.  Mr. Dorman spoke to me about making the film, which is opening around the country.

Tell me how you became involved with this project.

I really stumbled onto it.  I am not a native Yiddish speaker, nor were my parents.  Yiddish was lost in my family between my grandparents’ generation and my parents’.   I finished my last film a decade ago, “Arguing the World,” and was desperately looking for a project.  A friend of mine, a professor of Yiddish literature at Rutgers, suggested doing something about Sholem Aleichem.  He had originally thought about doing a film himself, about Sholem Aleichem as a failed immigrant in America and he had curated an exhibit on that a few years earlier.  I thought, “I don’t know much about him, I know the name from Fiddler on the Roof.  This will keep me busy until I find what I want to do.”

But in a very short time it turned out to be what I wanted to do.  It moved from a way station to a destination. I spent the next ten years of my life working on it and falling deeper and deeper in love with Sholem Aleichem’s work and fascinated by his world.

Why is “Fiddler” all most people know about him?

Fiddler on the Roof should have its due.  It is a brilliant popular entertainment, kind of a miraculous adaptation in many ways.  He did his own theatrical adaptation and really focused on the Chava story .  “Fiddler” is entertainment, re-interpreted for its time.  It’s a classic comedy in a sense because everything is wrapped up neatly at the end.  Tevye is coming to America.  But at the end of the Tevye stories, it is a tragedy in the classical sense.  Tevye is homeless.  He doesn’t know where he’s going.  He’s like Lear.  His world drops out from under him.

What’s so fascinating about the Tevye stories is that he started them when he was younger and wrote them over 20 years.  His own experience informed them and they get deeper and darker as they go along.  They become a tragedy, something larger about the nature of man’s alone-ness in the universe.

http://www.youtube.com/watch?v=-Z6cJ2_RLdA

You were able to uncover some real treasures in your research.  What were some of your “Eureka” moments?

Because of the budget I did most of the research myself.  There are 300 photographs in the film and the bulk of them come from the YIVO Institute for Jewish Research.  It is a marvelous repository for Eastern European Jewish life, originally set up in Vilna between the wars, when the intellectuals of the time realized that the world of the shtetl was beginning to disappear.  I would go there and keep looking through there — half the reason for doing a film like this is to get a chance to look at the treasure trove of these photos.

There are a number of photographers.  One of the most remarkable was Alter Kacyzne.  He was a writer, a protégé of one of the other classic Yiddish writers, Isaac Leib Peretz of Warsaw.  He took photographs for the Jewish Daily Forward in the 20’s and 30’s.  Even then he was photographing in a nostalgic way for an audience that had been separated form it.  People didn’t want to see it as it looked at this moment.  They wanted to see the eternal shtetl.   Religious Jews are shot as they had been for centuries rather than trying to capture that moment in time.

Another man I don’t know much about is Menakhem Kipnes, who also has wonderful portraits.  The last great discovery — and it wasn’t my discovery — was that I found out through one of my interview subjects was about a series of photos from the expedition of an ethnographer called An-Sky.  He’s a remarkable figure, born in a shtetl, who became radicalized and a socialist.  He decided what he wanted to do most of all was to leave the shtetl and study Russian coal minders.   He moved to St. Petersburg, continued to be a writer and an intellectual, and it was probably the post-1905 pograms that radicalized him as a Jew.  He realized he needed to turn his talents toward his own people.  He realized that the shtetls were rapidly changing and so he organized ethnographic expeditions, recorded songs, and took along his nephew to take these remarkable, remarkable photos.  Until the last few years, they’ve been unknown in the West.  Now they’ve been published in a beautiful book.  They are some of the most beautiful photos in the film.  An-Sky was also the author of the famous Yiddish play, The Dybbuk.

I was so happy to see the involvement of Aaron Lansky of the Yiddish Book Center in your film.  I am a big fan of his book, Outwitting History: The Amazing Adventures of a Man Who Rescued a Million Yiddish Books.  

The sad irony of Yiddish and its fate in the modern world is at the very moment that writers like Sholem Aleichem were bringing it to its literary flowering, taking this thousand year old language which had been looked down on as a street language or a language for women, not working of intellectual vehicle or a vehicle for literature — that was supposed to be Hebrew — at the very moment that writers were using it in all its richness, that was also the very moment it was ceasing to be the vernacular of the Jews.  90 percent of Jews in the world at that moment were speaking it but that was beginning to change as the Jews were leaving the shtetls to go to America or the big Russian cities or to Palestine.  An amazing flowering was taking place over 100 years with Isaac Bashevis Singer at the end.  This remarkable literature was produced, but it has been by the bulk of Jews forgotten, not just lost in translation but in the movement of Jews but their assimilation into other cultures.  It’s a living language for Chassidic Jews, but not for anyone else.  What’s nice about what’s happening is that generations younger than mine are realizing what’s been lost and there’s kind of an upsurge now and younger generations are studying it and learning it and that is wonderful.  But it is not going to be a living language for secular Jews again.  What is important about what Aaron is doing is the importance of being able to read this literature in whatever language you speak.  Aaron is very committed to preserving those Yiddish books for Yiddish speakers but even more important is preserving Yiddish language and Yiddish culture whether you speak it or not.

We do speak it in a certain way because it is the ghost in our machine.  It informs even the English we speak.  One of the most beautiful things I heard was from a young Russian student who said, “It didn’t feel like I was learning Yiddish; it felt like I was somehow remembering Yiddish.”

In this film you make a strong case for Sholem Aleichem as not just a folklorist but a literary figure. 

He is the equal of a Chekhov or any other great writer.  This is top shelf world literature.  It does not have to be couched in cultural terms to make him an important writer.  Another irony that exists is that he was trying to reach not an illiterate but an uneducated audience.  He created a folksy persona so undeducated people could relate to him.  But very sophisticated literature.  The very success of that persona masked how sophisticated and intentional an artist he was.  He is thought of as a stenographer who wrote down what people spoke.  But he took what seems to be everyday language and transmutes it to poetry.  He is a great of world literature.  Comedy is deceptive.  If you laugh, how can it be serious?  But of course it can be.

The stories are very particular to their place but the themes have universal appeal.

There are stories about fathers and daughters all over the world.  There’s an annual yahrzeit, a memorial for Sholem Aleichem every year.  At the last one, there were five men from China who are starting a Sholem Aleichem research center in Shanghai.  As the Chinese leave the small towns for the big cities now, they are experiencing what he wrote about.

 

 

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Directors Documentary Interview Spiritual films
Morgan Spurlock on 50 Un-Miss-able Documentaries

Morgan Spurlock on 50 Un-Miss-able Documentaries

Posted on August 3, 2011 at 10:40 am

Morgan Spurlock of Super Size Me and Pom Wonderful Presents: The Greatest Movie Ever Sold is the host of a new series on Current called “50 Documentaries to See Before You Die.”  He quotes Alfred Hitchcock: “In feature films, the director is God.  In documentaries, God is the director.” He will discuss the list with fellow documentarians and film experts and catch up with some of the people and stories

The shows will count down from fifty to one, eventually revealing what our panel of preeminent film critics, academics and industry insiders has chosen as the most entertaining, powerful and influential modern documentary. However, this is not your average list show. Renowned documentarian Morgan Spurlock will embark on a road trip to track down the filmmakers and characters behind some of the most remarkable moments in contemporary cinema. Along the way, he’ll meet maverick directors and eccentric contributors, travel to iconic locations and explore the impact that the documentaries have made on both their subjects and society, all the while counting down to number one.

Current will also be running some of the documentaries he recommends.

http://www.youtube.com/watch?v=t1M2Elfa_cI

 

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Documentary Television
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