WASHINGTON AP - As Bernard Madoff sat in jail a few months after pleading guilty to fraud, he sounded faintly boastful.The only problem with officials at the Securities and Exchange Commission's Washington headquarters, he said, is that he had "too much credibility with them and they dismissed" the idea that he was scheming people out of billions of dollars.
November 02, 2009 at 12:00 AM
1 minute read
WASHINGTON AP – As Bernard Madoff sat in jail a few months after pleading guilty to fraud, he sounded faintly boastful.
The only problem with officials at the Securities and Exchange Commission’s Washington headquarters, he said, is that he had “too much credibility with them and they dismissed” the idea that he was scheming people out of billions of dollars.
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