Chasing Madoff: The Whistleblower’s Lament

Brimming over with outrage not so much at the eponymous Ponzi schemer as at the government body that failed to rein him in, Chasing Madoff documents whistle-blower Harry Markopolos’ futile 10-year effort to get the SEC to listen to his case against the world’s most notorious financier. Drawing on every technique in the documentarian’s tool kit (talking heads, archival footage, re-enactments with the actual people playing themselves), Jeff Prosserman’s film paints an arresting portrait of financial corruption so widespread that it infiltrates vast international networks, governmental regulatory bodies, and the U.S. media. The doc effectively conveys both the sense of continual menace that hounded financial fraud investigator Markopolos (who packed guns early and often) and the perpetual frustration and self-doubt that comes from playing Cassandra. Too bad Prosserman can’t trust his material: Overloading the screen with aesthetic dross, the director offers tiresome symbolic imagery of blood-soaked hands, burning money, and out-of-focus documents. Rather than amping up the intensity, these fast-cut sequences prove disastrously distracting and—in the juxtaposition of a subject’s uttering “This is explosive” with a shot of a match being struck—thuddingly literal-minded.