Foundation for Economic Education
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Madoff Investigation Expands

Posted By Sheldon Richman

“The inspector general of the Securities and Exchange Commission said yesterday that he is broadening his investigation into the agency’s failure to detect the alleged fraud committed by Bernard L. Madoff, examining whether the regulatory breakdown was isolated.” (Washington Post [1], Tuesday)

Our “protectors” blew it.

FEE Timely Classic
“In Bureaucracy We Trust?” [2] by Roy E. Cordato


Article printed from Foundation for Economic Education: http://www.fee.org

URL to article: http://www.fee.org/articles/in-brief/madoff-investigation-expands/

URLs in this post:

[1] Washington Post: http://www.washingtonpost.com/wp-dyn/content/article/2009/01/05/AR2009010501566.html?hpid=moreheadlines

[2] “In Bureaucracy We Trust?”: http://www.thefreemanonline.org/departments/in-bureaucracy-we-trust-it-just-aint-so/

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