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: New Jersey Law BlogBill Singer Comments on Bernard Madoff Fraud Charges
Securities shareholder Bill Singer's Broke and Broker blog was recently cited in an article by The Associated Press regarding the unfolding securities fraud scandal involving Bernard L. Madoff. Madoff is accused of securities fraud for allegedly running a phony investment business that lost at least $50 billion.
Mr. Singer's comments discussed how the securities industry's self policing agency, the Financial Industry Regulatory Authority (FINRA), was unable to prevent a scam of this magnitude from taking place.
Full post as published by New Jersey Law Blog on December 13, 2008 (boomark / email).
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From the Website of Bernard L. Madoff Investment Securities:
Madoff and the Wall Street Culture of Fraud:
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