TPMMuckraker

Markopolos: SEC Couldn’t Find First Base In Fenway Park

Throughout his testimony, Harry Markopolos seemed to be refining his effort to express, in one crisp sound byte, his low opinion of the SEC’s investigative powers.

And right at the end, he seemed to hit on it. He told the committee (the exact wording may be a little off here, we’re going from memory):

If you flew the entire SEC staff to Boston, and sat them in Fenway Park, they wouldn’t be able to find first base.

Might be hard to top that.

Bernard Madoff, Financial Crisis, Harry Markopolos, Securities and Exchange Commission, Wall Street

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