NY AG Andrew Cuomo thinks so, and has issued over 100 new subpeonas to firms who brokered deals with public pension funds alleging improper licensing and pay-to-play kickbacks as well.
Nothing like a huge financial crisis to bring out all the cockroaches. This hardly surprises me and remember my dire warning: Madoff was the tip of the iceberg. There will be many more fraudsters that will get nabbed in the next few years.