Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Naked Shorting-Hedge Fund & Market Maker manipulation? -- Ignore unavailable to you. Want to Upgrade?

To: dvdw© who wrote (4612)	9/3/2009 5:55:15 PM
From: rrufff	1 Recommendation Read Replies (1) \| Respond to of 5034

From 1992 until the Madoff empire imploded, one inquiry after another went nowhere, the inspector general said. Some investigators “weren’t familiar with securities laws,” and some seemingly refused to believe their own ears even when Mr. Madoff contradicted himself or offered illogical answers to questions. At one point, investigators drafted a letter to NASD seeking independent trade data, “but they never sent the letter, claiming that it would have been too time-consuming to review the data they would have obtained,” the inspector general wrote. Report Details How Madoff’s Web Ensnared S.E.C. September 3, 2009 By DAVID STOUT nytimes.com