When the House committee that will hold hearings today on Bernard Madoff and the role of the SEC announced its witness list
, one of the most interesting names was that of Harry Markopolos. The former rival investor to Bernard Madoff, who had first argued in a complaint to the SEC that Madoff's business was not on the level, was the closest thing this scandal has had to a heroic whistleblower.
But now Markopolos has pulled out
, citing illness. Given the low public profile he has maintained since his role in the scandal became public, that move raised our interest.
A spokesperson for Rep. Paul Kanjorski, who chairs the sub-committee holding the hearings, told TPMmuckraker in an email, referring to Markopolos: "He has said that he looks forward to testifying at a subsequent hearing."
So perhaps we'll get to hear from him in the end. But until we do, this will bear watching.