Two New York investors have filed a lawsuit against the Securities & Exchange Commission, accusing the SEC of a "pattern of incompetence" in failing to detect and put a stop to Bernie Madoff's Ponzi Scheme."Had the SEC carried out its functions with even a minimum of reasonable due care, many, if not most, of Madoff's victims would have been spared the financial ruin they face today," the complaint said.
Continue reading Madoff victims sue SEC: silly
Madoff victims sue SEC: silly originally appeared on BloggingStocks on Wed, 14 Oct 2009 17:20:00 EST. Please see our terms for use of feeds.
Read | Permalink | Email this | Comments
Full story at http://www.pheedcontent.com/click.phdo?i=ef42f13233f4a3fbe60beefb9442be9f
Posts
No comments:
Post a Comment