One of the great mysteries of the financial crisis of 2008 was where was the SEC while this catastrophe evolved? It wasn’t just Bernie Madoff, it was the complete failure to require publicly held companies to make full disclosures. Maybe…
Judge OKs continued freezing of financier’s assets
Date: 7/3/2009 9:39 AM LOS ANGELES (AP) — A federal judge has granted the Securities and Exchange Commission’s request to continue freezing the assets of a California financier charged in a fraud case involving hundreds of millions of dollars. U.S.…