Political Quotes

Richard Shelby: Communication across the SEC offices was so badly flawed that Madoff himself had to alert the New York examiners that…

On the recordSeptember 9, 2009
Communication across the SEC offices was so badly flawed that Madoff himself had to alert the New York examiners that their counterparts in the Washington office of the SEC had been looking at similar issues.
Said by
Richard Shelby
Republican · Alabama

Editor's note · Context

Shelby points out severe communication failures within the SEC.

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