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September 10, 2009

Securities Exchange Commission and Madoff Ponzi Scheme

Witnesses testified about the Securities and Exchange Commission’s (SEC) failure to identify the Bernard Madoff Ponzi scheme and how to impr… read more

Witnesses testified about the Securities and Exchange Commission’s (SEC) failure to identify the Bernard Madoff Ponzi scheme and how to improve SEC performance. Mr. Kotz spoke about his report that said that over a period of 16 years, the SEC turned a blind eye on several major complaints against Mr. Madoff’s financial schemes, and that the SEC failed to stop Madoff’s Ponzi schemes due to a string of administrative mistakes. The report also said SEC staff did not collaborate with Madoff. close

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Chris Dodd U.S. Senator [D] Connecticut
Mike Johanns U.S. Senator [R] Nebraska

Robert Khuzami Director Securities and Exchange Commission->Division of Enforcement
H. David Kotz Inspector General Securities and Exchange Commission
Harry Markopolos Financial Analyst
Bob Menendez U.S. Senator (Class 1) [D] New Jersey
Jeff Merkley U.S. Senator (Class 2) [D] Oregon
Jack Reed U.S. Senator (Class 2) [D] Rhode Island
Chuck Schumer U.S. Senator (Class 3) [D] New York
Richard C. Shelby U.S. Senator (Class 3) [R] Alabama
John Walsh Director Securities and Exchange Commission->Compliance, Inspections and Examinations

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Senate Banking, Housing, and Urban Affairs Committee

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Program ID:: 288828-1
Category:: Senate Committee
Format:: Senate Committee
Location:: Washington, District of Columbia, United States
First Aired:: Sep 10, 2009 | 10:48pm EDT | C-SPAN 1
Last Aired:: Sep 23, 2009 | 6:27am EDT | C-SPAN 3

Airing Details

Sep 10, 2009 | 10:48pm EDT | C-SPAN 1
Sep 11, 2009 | 7:03am EDT | C-SPAN 2
Sep 11, 2009 | 5:32pm EDT | C-SPAN 1
Sep 11, 2009 | 6:48pm EDT | C-SPAN 1
Sep 11, 2009 | 8:46pm EDT | C-SPAN 3
Sep 14, 2009 | 3:50am EDT | C-SPAN 1
Sep 14, 2009 | 4:49am EDT | C-SPAN 1
Sep 15, 2009 | 2:43am EDT | C-SPAN 3
Sep 15, 2009 | 8:43am EDT | C-SPAN 3
Sep 23, 2009 | 12:27am EDT | C-SPAN 3
Sep 23, 2009 | 6:27am EDT | C-SPAN 3

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User Created Clips from This Video

September 10, 2009
User Clip: David Kotz testimony
- 7 minutes
- 36 views
September 10, 2009
User Clip: Testimony of Senator Charles E Schumer
- 4 minutes
- 19 views
September 10, 2009
User Clip: bernie madoff stole 50 milllion dollars maybe more
- 27 seconds
- 3 views
September 10, 2009
User Clip: What PonziScheme
- 33 seconds
- 3 views

View all clips from this video