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SEC Did Not Do Its Job with Madoff

Posted September 14, 2009 – 4:24 pm in: Financial

Cited: Reuters

The US securities regulators will their game when they miss the numerous red flags that could have stopped Bernard Madoff’s $65 billion Ponzi scheme! They received numerous complaints dating back to 1992 and never did take the role and competent probe into the situation according to a federal watchdog. According to the SEC Inspector [...]

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