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Madoff Misled SEC in '06, Got Off

Paul Kedrosky's Infectious Greed found this 12/18/2008 on online.wsj.com

Securities and Exchange Commission investigators discovered in 2006 that Bernard Madoff had misled the agency about how he managed customer money, according to documents, yet the SEC missed an opportunity to uncover an alleged Ponzi scheme. The documents indicate the agency had Mr. Madoff in ...