[Anti-Bubba182]

"..As the bad news continues to pour in, some media reports are beginning to question the "disgraceful negligence" on the part of American financial regulators, who reportedly examined Madoff's investment operation several times over a 20-year period without finding any wrongdoing...."

Here we go! Let's pass on investor culpability to the regulators. All these people took higher rates than market conditions suggested should be possible and asked no questions.

[SJackson]

Here we go! Let's pass on investor culpability to the regulators. All these people took higher rates than market conditions suggested should be possible and asked no questions.

There's plenty of regulator culpability here, as there is in the mortgage bubble.