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To: Madharry who wrote (33049)	12/19/2008 1:19:02 AM
From: Madharry	2 Recommendations Read Replies (1) \| Respond to of 78764

Ive now found something even more shocking- an experienced derivative money manager named Markopolis pretty much did the sec work for them and alerted he SEC to the Madoff fraud in a detailed report in 20005. He specifically referred to it as high probability ponzi scheme with a small probability of it being a front running scheme benefiting from inside information. He revealed enough red flags to merit a full scale investigation in my view, and there should be a full scale investigation by congress as to what went so terribly wrong at the sec that they werent able to hit the side of a barn when pointed in the right direction. i read the report at talkingpoints.com. At this point whatever little confidence I had in the SEC as an enforcement body is gone. I mean its great that they nailed martha stewart for inside trading, but they have missed the boat on every major problem in the past 10 years.