I expressed serious reservations about this plan because I did not believe that a massive and crude bailout bill was the most prudent course of action.
I want to shift to AIG.
Had we recognized this at the outset and addressed each problem by order of priority and in a coordinated fashion, I believe our response wo...
Communication across the SEC offices was so badly flawed that Madoff himself had to alert the New York examiners that their counterparts in ...
Like many Americans, I am stunned and angry that this fraud was allowed to happen.
Unfortunately, that hearing yielded few answers.
Investigations were unfocused, understaffed, and improperly documented.
Last January, right here in this room, a little more than 1 month after Bernard Madoff confessed to running a $50 billion multi-decade Ponzi...
The IG found that the Office of Compliance Inspections and Examinations and the Division of Enforcement at the Securities and Exchange Commi...
Given that failures occurred repeatedly and throughout different part of the Securities and Exchange Commission, can we assume that other si...
Potentially fruitful leads were not pursued, while significant staff resources were devoted to running down clearly unproductive avenues.