Mr. Madoff and his $ 50 BILLION, not million, ponzi scheme and the reports now that some in the SEC knew as long as 2001 and 1999 about his corrupt fraud but ,typical Wall Street, did nothing about it make these so called experts of finance look like lousy mere propagandists.
Madoff's family probably knew. And Madoff's employees probably knew. And lots of other shameful people probably knew but did not care enough to turn this bum in. Or maybe they did , like it did to the SEC on another criminal, and the supposedly trusted SEC shockingly did nothing.
If Wall Street can not police it self and it does not seem willing, then the United States Federal government MUST be more regulatory and vigilant ,,,or we will all feel like we should expect to be robbed in every public aspect of U.S. culture.
