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SEC Probes of Madoff are ‘Deeply Troubling,’ Cox Says
"Dec. 16 (Bloomberg) -- U.S. Securities and Exchange Commission Chairman Christopher Cox called for a probe of his agency, saying what he has learned about its investigations of Bernard Madoff before the investment manager confessed to operating a $50 billion Ponzi scheme is “deeply troubling...”
Read full report at Bloomberg
Read full report at Bloomberg
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Madoff scandal shaking real estate industry
"Almost no segment of New York City's real estate industry was spared in the Madoff scandal, which may be history's largest Ponzi scheme: commercial brokers large and small, little-known developers and prominent families all lost money to Bernard Madoff, industry executives say..."
Full (and gut-wrenching) article describing impact of Madoff scandal on the NY real estate investment community at International Herald Tribune 18 December 2008 -
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