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To: CutePuppy

[”Why are you taking a mid-level staff person and making me responsible for the failure of the American economy?”]

And who is to cast the first stone, given how often we all have personally made $50 brazillion dollar mistakes?

I hope this isn’t a bad mark on her gold star career advancement schedule. I’m sure doing $8 bucks an hour SEC work she was hard pressed to add whistleblowing to her other paper pushing duties.


8 posted on 01/07/2009 4:11:22 AM PST by FastCoyote (I am intolerant of the intolerable.)
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To: FastCoyote
Soon after, in January 2006, the New York branch of the SEC opened an enforcement case on Madoff based on Markopolos' claims. The document authorizing that probe is signed by three SEC staffers: Cheung, attorney Simona Suh, and Assistant Director Doria Bachenheimer.

But after interviewing Madoff and a principal of Fairfield Greenwich Group -his biggest hedge-fund investor - as well as reviewing documents, the SEC probe "found no evidence of fraud," according to a case closing recommendation signed off by those three staffers.

13 posted on 01/07/2009 4:19:03 AM PST by CutePuppy (If you don't ask the right questions you may not get the right answers)
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To: FastCoyote

“I’m sure doing $8 bucks an hour SEC work she was hard pressed to add whistleblowing to her other paper pushing duties.”

Head of enforcement of the NY branch is kind of the center of the SEC. If she was as incompetent as it appears, higher-up players wanted her that way.

Though it was the wrong point and misdirection when he made it, McCain actually did say something right during his campaign—that Cox deserved to be fired.


40 posted on 01/07/2009 5:36:28 AM PST by 9YearLurker
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