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January 05, 2009

111th Congress: The Hill watching the watchers.

See, e.g., the Los Angeles Times and Bloomberg. The House Financial Services Committee takes a stab today at the SEC's past monitoring of the Madoff funds' business and investment methods, which some SEC employees had allegedly regarded as "questionable" and off the wall. SEC’s inspector general David Kotz, among others, get questioned.

Posted by Holden Oliver (Kitzbühel Desk) at January 5, 2009 11:59 PM

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