Free Republic

At least 21 people were shot, one of them fatally, at a Juneteenth celebration in gun-controlled Illinois on Sunday morning around 12:30 a.m. CNN reported the shooting occurred “in a parking lot in Willowbrook, about 21 miles west of Chicago.” FOX 32 pointed out two of the wounded remain in critical condition. FOX News noted DuPage County Sheriff’s Deputy Chief Eric Swanson indicated that deputies patrolling the area near the parking lot heard the gunshots and responded. Swanson said, “The motive behind this incident is unclear and this is still an active investigation.”

Former U.S. Securities and Exchange Commission chairmen and directors were generally unaware that staff were probing Bernard Madoff until the former financier was arrested in December 2008 for running a $65 billion Ponzi scheme, a federal watchdog said in a report released on Friday. The report underscores the disconnection between senior officials and their employees, who often lacked the experience necessary to follow up on leads and understand the magnitude of their investigation. Former Chairmen Christopher Cox, William Donaldson and Arthur Levitt, former director of enforcement Linda Thomsen and former director of examinations and compliance, Lori Richards, did not play...

The Financial Industry Regulatory Authority didn't fully probe Bernard Madoff's firm and repeatedly failed to investigate tips about R. Allen Stanford's alleged $7 billion fraud, an internal report found.