Thursday, September 03, 2009

SEC lawyer who failed to catch Madoff got highest performance rating

TPM:


The SEC attorney who failed, despite numerous red flags, to catch Bernie Madoff's colossal fraud received the highest possible performance rating from the agency -- citing her "ability to understand and analyze the complex issues of the Madoff investigation" -- soon after the probe closed in 2006.

That's according to an SEC inspector general report on the Madoff fiasco, whose executive summary was released this afternoon. The full report will be made available in the coming days.
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1 comment:

airJackie said...

This was the plan and he was rewarded for doing the job he was hired to do. Look all those people knew Madoff was a crook and he hung around with the richest most powerful people. You can bet Israel made out great as this free money was for the chosen few. It just got out of hand as the 8 year crime wave got bigger. Look these guys have been stealing for so many years under the cover of the appointed people. When Bush/Cheney open the door for every friend and friend of a friend to steal it got out of hand and yes Madoff got caught.