SEC staffer raised warnings on Madoff in 2004

America Blog  Jul 02 09

There is so much more to the Madoff story that we don't know about yet. The family relations at the SEC are certainly raising eyebrows but so are the stories of 1000% returns. More charges are expected soon. Washington Post: Genevievette Walker-Lightfoot, a lawyer in the SEC's Office of Compliance Inspections and Examinations, sent e-mails to a supervisor, saying information provided by Madoff during her review didn't add up and suggesting a set of questions to ask his firm, documents show. Several of these questions directly challenged Madoff activities that much later turned out to be elements of his massive fraud. Full story...

Bookmark and Share

Have your say - be the first to comment

Please login to post a comment


Login


More stories from america blog »

THIS JUST IN: Dems have over 218 votes for health care reform in House

America Blog  5 hours ago

A well-placed congressional source tells me the Democrats now have over 218 votes to pass health care reform.

Brand USA takes the top spot

America Blog  6 hours ago

Bush leaving and Obama arriving certainly makes a difference. Reuters: The United States was seen as the ideal place for business, one of the top places for families, shopping and quality products, as well as one of the countries people wanted to visit whether for the first time or again.

And even more bank closings

America Blog  8 hours ago

Silly bankers. They should have sold out to one of the big players on Wall Street. They would still be in action and flush with cash.

Unemployed and underemployed hits 17.5%

America Blog  10 hours ago

It's probably the worst jobs market since the Great Depression. The Obama administration continues to buy into the Geithner/Summers/Wall Street view of the world which puts Wall Street above everyone else at the expense of everyone else.

House health care vote probably at 9pm, final vote

America Blog  12 hours ago

A friend in the House tells us that the final vote is expected around 9pm Eastern tonight. You can follow more updates on the health care twitter feed at http://twitter.

Are the teabaggers getting ready to disrupt the House health care debate?

America Blog  14 hours ago

From a friend, watching the Teabaggers on a live stream: I'm watching Steve King's "house call" tea party rally streaming online.

Krugman: Obama faces his own Anzio

America Blog  14 hours ago

Another great read by Paul Krugman. Obama's cautious approach to the economic crisis may lead the way for Democratic losses in 2010.

Male GOP House members try to block women from speaking

America Blog  17 hours ago

A group of male GOP House members, just tried to repeatedly block a group of female Democratic House members from speaking on the House floor.

Even as Dioceses file bankruptcy over sex abuse cases, Catholic Bishops threaten to undermine health insurance reform

America Blog  19 hours ago

Not happy with just ruining the lives of same-sex couples in Maine this week, the Catholic Bishops are trying to bring down health insurance reform in the House over the abortion issue.

Moldy Peaches

America Blog  22 hours ago

So much great music from the Juno soundtrack and I love Kimya Dawson. It's the perfect tune for getting started on a lazy Saturday morning.