It wasn’t the job of the market to watch for those unsavory characters, your beloved government SEC agency was supposed to do that. Of course that’s what government does best, create a sense of complacency with the facade of regulation so big time con men can have their way with the little guy.
My beloved SEC? Beloved? By me? I don't think so.
There are three women SEC employees who should be indicted for letting Madoff go on and on and on and on...