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SEC Stonewalls at Senate Hearings on Madoff (and Congressional Fireworks!)
nakedcapitalism.com - 2/5/2009
SEC Stonewalls at Senate Hearings on Madoff (and Congressional Fireworks!)
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L'affaire Madoff gets more interesting by the day. I had though the failure to pursue the hedge fund scamster had more to do with incompetence and a disinclination to go after investment managers (insider trading cases, which is what seems to get the SEC's enforcement division juices going, ...
exchanges.nyse.com - 2/4/2009
How a Blog Might Have Stopped Madoff
— exchanges.nyse.com — Perhaps the biggest irony of the Bernard Madoff case is that Harry Markopolos, the investor-turned-investigator who for years warned other investors and the Securities and Exchange Commission that Mr. Madoff was running a Ponzi scheme, today is ... (more) How a Blog Might Have Stopped Madoff

Comments vote down Midas Oracle .ORG found this 2/4/2009found this
reuters.com - 2/6/2009
SEC chief says agency to act like hair is on fire | U.S.
— reuters.com — WASHINGTON (Reuters) - The new head of the Securities and Exchange Commission took steps on Friday to reinvigorate the agency's policing of Wall Street, two days after a congressional hearing chastised SEC investigators for failing to uncover Bernard ... (more) SEC chief says agency to act like hair is on ...

Comments vote down Dealbreaker found this 2/6/2009found this
Madoff Tipster Markopolos Cites SEC’s ‘Ineptitude’ (Update3)
bloomberg.com - 2/4/2009
Madoff Tipster Markopolos Cites SEC’s ‘Ineptitude’ (Update3)
— bloomberg.com — Feb. 4 (Bloomberg) -- Harry Markopolos , a former money manager who sought to convince regulators for nine years that Bernard Madoff was a fraud, said the U.S. Securities and Exchange Commission suffers from “investigative ineptitude.” Markopolos ... (more) Madoff Tipster Markopolos Cites SEC’s ‘Ineptitude’ ...

Comments vote down The Bonddad Blog found this 2/4/2009found this

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The Mess That Greenspan Made:  Thursday morning links

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Thursday morning links
The Mess That Greenspan Made — TOP STORIES Bank of England Cuts Main Rate a Half Point to 1% - Bloomberg U.K.’s Brown and Depression, a Freudian Slip? - WSJ Economics Blog SEC Stonewalls at Senate Hearings on Madoff - Naked Capitalism Senate Advances Tax Break for Homebuyers - NY Times Stumbling on Their Sense of Entitlement - Washington Post At Madoff Hearing, Lawmakers Lay Into S.E.C. - NY Times Why saving for your future is so hard - CNN/Money Obama caps executive pay tied to bailout money - AP ...

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