Madoff

[beelzebabette]

perhaps it was not an audit, but a review, which has a much lower standard of scrutiny.

Every news story I've read states audit. I purposefully looked for that distinction.

http://www.reuters.com/article/newsO...52H56W20090318
http://money.cnn.com/2009/03/18/news...ion=2009031815
http://www.abcnews.go.com/Blotter/Wa...7111260&page=1

[SeattleUte]

Every news story I've read states audit. I purposefully looked for that distinction.

http://www.reuters.com/article/newsO...52H56W20090318
http://money.cnn.com/2009/03/18/news...ion=2009031815
http://www.abcnews.go.com/Blotter/Wa...7111260&page=1

Yes, the SEC is alleging he purportedly did audits, and that he "sold his license" to Madoff.

[TripletDaddy]

Yes, the SEC is alleging he purportedly did audits, and that he "sold his license" to Madoff.

So let's see...the investors were receiving audited financial statements and monthly recs that were not only falsified internally, but were also falsified to the SEC.

Stupid investors! HAHAHAHA! Suckers! They should have known better.

Man, some people are really gullible out there.