Madoff warnings 'ignored for 10 years' | WHAT REALLY HAPPENED


Madoff warnings 'ignored for 10 years'

Pressure has been growing on the SEC over the last week to explain how the Wall Street regulator could have missed a colossal scam.

Webmaster's Commentary: 

As reported at:

http://abcnews.go.com/Blotter/WallStreet/story?id=6471863&page=1

"At a business roundtable meeting last year, Madoff boasted of his "very close" relationship with a SEC regulator, chuckling as he said, "in fact, my niece even married one."

The very rich, and well connected, rarely eat their own.

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