madoff

Washington Post, New York Times, almost all the mainstream media are wimps when it comes to writing about a crook, at least one who moved in elite circles. Consider their treatment of the biggest scamster and most despicable thief of the past several decades - Bernard Madoff of the tony upper westside of New York City.

The Wall Street Journal has been splendid in lambasting the SEC and other regulators for their failure to investigate the huge Madoff Ponzi fraud before Bernie Madoff himself confessed the game was up last December. The regulators repeatedly received detailed analysis making the case for grand fraud, and ignored it.