Richard Shelby actually said...

I think a good point he made, that unlike the Madoff issue, here you actually had examiners.

This just looks like the SEC failed the investor, not once, not twice, but four times, big time.

Where was the leadership of the Enforcement Division not just in Fort Worth but at the SEC here?

Were they counting beans? In other words, they wanted to count how many cases they had, they had solved...