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Talking Points Memo: Friday Doc Dump Happy Hour
TPMMuckraker: SEC-er To Madoff: "It's A Big Organization, We Don't Talk To Each Other"
| SEC IG releases docs from Madoff investigation; Madoff: "it never entered the SEC’s mind that it was a Ponzi scheme" http://bit.ly/38QLOo 28 days ago |
| Dog park reading! @footnoted: SEC just puts out list of 536 exhibits in Madoff case. Nice weekend reading! http://bit.ly/2qcCGw 29 days ago |
| RT @footnoted: Classic Friday night dump. SEC just puts out list of 536 exhibits in Madoff case. Nice weekend reading! http://bit.ly/2qcCGw 29 days ago |
Friday Doc Dump Happy Hour
Talking Points Memo —
... Just to add to the fun, the SEC a short time ago released the exhibits to the scathing SEC inspector general's report into how the commission missed the Bernie Madoff fraud for so long. ...
SEC-er To Madoff: "It's A Big Organization, We Don't Talk To Each Other"
TPMMuckraker —
... to each other."
That's according to Madoff's testimony to SEC investigators. The agency's inspector general's office has just released documents that were part of its probe into its failures on the Madoff affair. And they further the picture of a regulator at which the right hand didn't know what the left was doing, and which depended on inexperienced and over-matched agents to sniff out complex financial frauds like Madoff's.
You can see all the documents here. And you can see Madoff's testimony here.
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