Simon at Blogasm emails:
There’s a 400 page report coming out this week reporting that the SEC over the years ignored dozens of reports and tips that Madoff was committing fraud
From the WSJ article about the report
It’s expected to be made public by the end of the week.
I suspect this translates to “Let’s dump it at 4 pm on Friday before a big three day weekend and hope no one notices it.” Heh. Seriously though, let’s hope it is substantive and not a cover up or whitewash.
Now go check Simon’s fine blog, which I just added to my feed reader
Simon Owens is a 25-year-old social media consultant and online journalist who writes regularly for PBS’s Media Shift. He is a former newspaper journalist and currently lives in the Washington, DC area.
Bloggasm was launched in late 2005 and focuses on the intersection of new and old media.