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Obama: Wall Street Regulators "Dropped the Ball" On Madoff
It looks like President-elect Barack Obama is on board with the emerging consensus about the Securities and Exchange Commission's failure to properly probe Bernard Madoff despite several warnings. At a press conference this morning to announce key members of his financial regulatory team, ...
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Obama: Wall Street Regulators “Dropped the Ball” On Madoff
The Hollywood Liberal — Obama: Wall Street Regulators “Dropped the Ball” On Madoff It looks like President-elect Barack Obama is on board with the emerging consensus about the Securities and Exchange Commission’s failure to properly probe Bernard Madoff despite several warnings. At a press conference this morning to announce key members of his… [image] [image] The Daily Muck The former CEO of one of the nation’s largest reinsurance companies recieved a sentence of two years in prison and $200,000 in fines. Ronald E. Ferguson, the former top executive at General Re, was charged for his role in a… [image] [image] This entry was posted on Saturday, December 20th, 2008 ...

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