Even Madoff Indicates the SEC Was Inept at Catching Him
By Allan Lengel ticklethewire.com The latest evidence that, Yes, the Securities and Exchange Commission was totally inept when it came to investigating Ponzi schemer Bernie Madoff comes from Madoff himself. In a transcript of a jailhouse interview released by the SEC’s Inspector General on Friday, Madoff says of detecting a Ponzi scheme: “Yes, it’s very…