François Lhabitant discusses the following:

• Were there grounds for raising concerns prior to investing with Madoff?
• How come wrongdoings by Madoff were not detected for so many years by so many investors?
• Is it possible to prevent another Madoff-like scandal by means of better due diligence? 

The Take 15 Series is a series of short interviews with leading practitioners on timely topics focused on the investment profession.