Tuesday, December 16, 2008
Charlie Gasparino, The Daily Beast,
Charlie Gasparino, The Daily Beast,
How the SEC Got in Bed with the Madoffs. Literally.
Inside the twisted loyalties and conflicts that kept Wall Street’s top cop from catching one of the biggest Ponzi schemes in history.
Since the story of Bernard Madoff’s massive Ponzi scheme broke, a recurring theme has been shock over how Wall Street’s top cop—the Securities and Exchange Commission—missed so many red flags. Knowing more about who did the SEC’s investigations makes it all less surprising.
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Posted by Editor on 12/16/08 at 08:00 AM •
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