Month February 2009

Madoff whistleblower: SEC “abject failure”

Harry Markopolos, who told the SEC about Madoff in 2005, will testify before Congress today. (prepared statement PDF) From financial journalist Gary Weiss It is absolutely devastating. Among other things, Markopolos says that because of the SEC’s “abject failure” to…

Tom Daschle and the Populist Revolt

Former Labor Secretary Robert Reich says Daschle cratered because of growing discontent with business as usual in DC. I’m sorry Tom Daschle won’t be in the Obama administration. He would have served the public well and with distinction. But the…