SEC Admits It Kinda Screwed Up the Madoff Thing
The Securities and Exchange Commission acknowledges its 'multiple failures over at least a decade' to stop Bernie Madoff from running a $50 billion Ponzi scheme.
By Jessica PresslerThe Securities and Exchange Commission acknowledges its 'multiple failures over at least a decade' to stop Bernie Madoff from running a $50 billion Ponzi scheme.
By Jessica PresslerThe problem is that it's not even clear that the president can fire the chairman of the SEC — and even if he could, a lot of people aren't enamored with the sentiment anyway.
By Dan AmiraSays Bush: ‘Government intervention is not only warranted, it is essential.’
By Chris RovzarHeh. Naked short selling. Sounds like something a frat boy would do, right? Well … it sort of is. Read all about the SEC's bold move to crack down on market manipulators and more, in our daily roundup of finance, media, law, and real-estate news.