Obama: Wall Street Regulators “Dropped the Ball” On Madoff
Posted in Main Blog (All Posts) on December 20th, 2008 5:35 am by HL
Obama: Wall Street Regulators “Dropped the Ball” On Madoff
It looks like President-elect Barack Obama is on board with the emerging consensus about the Securities and Exchange Commission’s failure to properly probe Bernard Madoff despite several warnings. At a press conference this morning to announce key members of his…
The Daily Muck
The former CEO of one of the nation’s largest reinsurance companies recieved a sentence of two years in prison and $200,000 in fines. Ronald E. Ferguson, the former top executive at General Re, was charged for his role in a…