 The Wild Wild World of Wealth |  |
At SEC, a Scholar Who Saw it Coming I’ve been tough on the SEC. Talked about their incompetence. Blogged (or is it blahhed?) about their failure to catch Bernie Madoff, even after Harry Markopolis served him up. Now, I’m thinking the commission has turned the corner. That the SEC, under the leadership of Mary Schapiro, [...]
Your Custodian Can’t Spell “Goldman Sacchs” Blecch, right? This morning, I was reading a great article from The New York Times: A Safety Net That Tangles Investors. Floyd Norris reported the SEC is separating money management from the custodial function, which made me think, The SEC gets it. They finally get it. “Where an independent [...]
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