The SEC had been investigating Bernie Madoff for the last 16 years,and if they would have been doing their job this whole Ponzi Scheme could been averted.
The SEC gave a cover for Madoff to pull off the one of the most fraudulent investment schemes in American history,and the all the individuals at the SEC who were complicit should also go to jail. The SEC officials should be charged with criminal negligence. Bernie's wife ,Sons,Accountants,and Lawyers should also go to jail for participating in defrauding many greedy investors out of their life's savings. Madoff,and all his family members,accountants,lawyers along with the SEC officials should be sent to the Super Max Underground Prison in Colorado.And Congress again was asleep at the wheel with no sign of Congressional oversight. The people need to fire those Congress persons responsible for oversight of the SEC.
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