In news buried by the Goldman fraud charges, the Inspector General for the SEC issued a blistering 159-page report Friday concluding that the agency’s Fort Worth office knew that Texas businessman Allen Stanford was operating a Ponzi scheme in 1997 — but didn’t make a serious effort to pursue the matter for eight years, until 2005.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=127715