Sunday, March 21, 2010

Foundation Sues SEC Over Madoff Negligence | eJewish Philanthropy: The Jewish Philanthropy Blog

The story about Mr. Madoff and his ponzi scheme continues as the SEC has been sued for negligence. If claim is upheld it could have far reaching implications.
from Bloomberg.com: U.S. Sued Over SEC's 'Negligence' in Madoff's Fraud The U.S. was sued by a charity and two individual investors for alleged negligence
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