Remember that weird moment during yesterday’s Madoff hearings, when the SEC’s top lawyer, Andy Vollmer, declined to answer questions, and kinda sorta implied he was asserting executive privilege, before backing off that claim when pressed by lawmakers? The moment that provoked Rep. Gary Ackerman’s blunt assessment: “We thought the enemy was Mr. Madoff. I think it’s you”?
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=146262