World-News

The Associated Press: "The man who waged a decade-long campaign to alert regulators to problems in the operations of fallen money manager Bernard Madoff told Congress today that he had feared for his physical safety."

http://www.truthout.org/020409R

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SEC's Madoff Miss Fits Pattern Set With Pequot

Gary J. Aguirre, Bloomberg: "Errant Wall Street elite, such as Madoff, go up against the US Securities and Exchange Commission. Congress created the SEC in 1934 after Wall Street titans -- the Madoffs of 1929 --took the capital markets over a cliff with the economy in tow. The SEC was supposed to keep a watchful eye on Wall Street, especially its elite. So far, the SEC's six investigations of Madoff read more like Keystone Cops than Sherlock Holmes. The SEC didn't merely fail to spot and connect the clues. Someone else -- Harry Markopolos, a former money manager - did that work for it."

http://www.truthout.org/020509N



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