News is spinning it trying to make it look like she was the one who caught Madoff and was draconian in going after Stratton Oakmont (they are going back a ways there).
BS spin. Stratton Oakmont and another slime boiler room, I forget the name, were allowed to stay in business for a long time. These crooks got away with murder and the NASD and SEC were really slow to shut them down. The slime all hired ex-SEC attorneys to defend them. Former SEC attorneys are one step up the food chain from ambulance chasers.
The NYC and Boston SEC offices got endless reports from Markopolous and they did nothing.
Bernie was on the Board of Governors on the NASD - Mary ran the NASD and SEC. What an incestous bunch.