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Friday, July 03, 2009
SEC investigator pointed out Madoff fishiness back in 2004
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But federal investigators were too busy chasing prostitutes to do anything.
Posted by: Stifled Freedom | Friday, July 03, 2009 at 07:28 AM
As usual, relevant point, JSP.
Posted by: Drew | Friday, July 03, 2009 at 09:43 AM
Madoff was reported back in the late 90s (98?). This is what a "let's not regulate" philosophy gets you. Enron, Dot Com bubble, the mortgage crisis. Corporations are like gold fish. If you don't regulate, these greedy SOBs will find a way to eat themselves to death. Then cry about the medicine you make them take.
Posted by: Marvin | Friday, July 03, 2009 at 11:47 AM
Always have to find a balance though. Too much regulation is just as bad as no regulation.
Posted by: 5'4 | Friday, July 03, 2009 at 02:04 PM
I couldn't get the link to work, but I think this is the article MSNBC linked to.
Posted by: Keith G. in P.V. | Friday, July 03, 2009 at 04:31 PM
Damn, somebody was close to nabbing him yrs ago in the SEC. Too bad they set it aside.
Posted by: 146 | Friday, July 03, 2009 at 08:35 PM
Drew, I consider the truth relevant. What do you consider relevant....lies.
Posted by: Stifled Freedom | Sunday, July 05, 2009 at 09:20 AM