SEC Executive report of the Madoff investigation.Because the news is out that Bernie died in prison. A good time to remind everyone once again that regulators are not that good at regulating.
as Chanos said:
Regulators are financial archaeologists — they will tell you after the company has collapsed what the problem was.
For those interested a 22 pager on all that went wrong at the SEC in the Madoff investigation.
Besides RV already has an interview (actually several) with the wistleblower Harry Markopolos
==>
https:/…