Harry Markopolos, a former investment manager who warned U.S. regulators about Bernard Madoff, criticized the Securities and Exchange Commission and said on Wednesday that Madoff had help in running his alleged $50 billion fraud.
Markopolos told Congress that the SEC staff was neither willing nor able to uncover what Madoff, accused of having run the world's biggest Ponzi scheme, was really doing. He also said that he knows the names of a dozen other so-called feeder funds that helped Madoff raise money from pension funds and wealthy investors and that he would turn these over to regulators this week.
Whistleblower says Madoff had help, blasts SEC
San Francisco will offer free childcare to families earning less than $230,000 a year, and a...
Scott Adams, the author and cartoonist whose "Dilbert" comic strip satirized corporate life to wide acclaim...
Workers at popular New York City bakery chain Breads Bakery announced a move to unionize, claiming...
