« previous | MUCK HOME | next »
Markopolos: SEC Was "Captive Regulator"
Markopolos identifies another problem with the SEC:
"They were a captive regulator. Mr. Madoff was too big," he just told Congress. "They looked at Madoff and said: 'he's a big firm, we dont attack big firms.'"
Advertisement
Josh
Zachary
Under questioning from Brad Sherman he said the NSAD and FNRA(?) agency was corrupt and Sherman couldnt dismiss him and was left to just stutter.
NSAD and FNRA(?) are inept and corrupt to Rep Castle.
Will any of this matter?
February 4, 2009 10:45 AM | Reply | Permalink