‘Hey Buddy, I Was Just Wondering, Would You Mind Telling Me How You Pulled Off the Biggest Ponzi Scheme of All Time?’

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SEC Inspector General David Kotz, whose report on how the commission failed to act on multiple warnings about Bernie Madoff's Ponzi scheme is overdue, had a three-hour klatsch with Madoff in prison yesterday, according to CNN. Asked about the reported meeting, Kotz said only, "We've been making substantial progress in the investigation and plan to issue a comprehensive report very shortly." [CNN]