Group Think, Duct Tape and Slam Dunks
Dec. 17 (Bloomberg) — Bernard Madoff’s ability to avoid scrutiny from U.S. regulators for years shows that the monitoring system is “broken and has to be fixed,” former Securities and Exchange Commission Chairman Arthur Levitt said. Levitt, a senior adviser to Carlyle Group, said today in a Bloomberg Radio interview that the SEC must respond […]
MoreUS anti-kidnap expert kidnapped A US anti-kidnapping expert who has negotiated the release of dozens of hostages in Latin America has been abducted by gunmen in Mexico. Felix Batista, a Cuban-American from Miami, was kidnapped as he stepped outside a restaurant to answer a phone call in the northern city of Saltillo. Drug gangs are […]
MoreDaniel Klaidman NEWSWEEK Issue dated Dec 22, 2008 It is one of the darkly iconic scenes of the Bush Administration. In March 2004, two of the president’s most senior advisers rushed to a Washington hospital room where they confronted a bedridden John Ashcroft. White House chief of staff Andy Card and counsel Alberto Gonzales pressured […]
MoreDecember 16, 2008 BY NATASHA KORECKI Federal Courts Reporter A federal judge has indefinitely postponed the Jan. 6 sentencing for Tony Rezko, the prominent political fund-raiser and former adviser to Gov. Blagojevich. The move this morning came after Rezko lawyers asked U.S. District Judge Amy St. Eve last week to throw out the sentencing date. […]
MoreSenator: The SEC “Letting Down the American People” ABC NEWS By BRIAN ROSS and RICHARD ESPOSITO Dec. 15, 2008— As the list of victims continues to grow and investigators examine how Bernard Madoff allegedly ran his massive scam, some are questioning how Madoff avoided detection for so long. As a registered investment advisor since 2006, […]
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