Friday, December 19, 2008

Your SEC At Work

 Nice job, folks. This might explain why so much "stuff" fell through the cracks.

SEC Watched Porn, Ran Private Businesses Instead Of Catching Madoff, Report

The Securities and Exchange Commission is taking a drubbing these days for its abject failure―despite detailed tips―to catch Bernie Madoff in what appears to be the biggest Ponzi scheme in our nation's history. Now, thanks to little-noticed report from the agency's inspector general, we have a [...]
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