Utah Democratic Party

S.E.C. Accused of Failing to Act on Madoff Warnings

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Democratic lawmakers charged on Monday that the Securities and Exchange Commission had “failed miserably” in following up on warnings that could have uncovered several years ago possible wrongdoing by Bernard L. Madoff, who is accused of running a $50 billion Ponzi scheme.

To read the full NYTimes piece on the Madoff scandal, click here.

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Citation

Taylor, T. (2009). S.E.C. Accused of Failing to Act on Madoff Warnings. Retrieved from http://www.trunity.net/USDC/view/news/51cbea897896bb431f684ab3

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