Tuesday, December 16, 2008

Madoff Scandal: Another Failure of the SEC.

Some investors tried to warn regulators about Bernard Madoff, and they say authorities failed to act against him until it was much too late. Now the FBI has set up a hotline for investors who believe they were cheated by Madoff, in an effort to gather information about how the scandal unfolded. A complain was filled in 1999.

read more | digg story

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