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SEC bungled Madoff, inquiry finds

Inspector general says agency missed red flags, never launched full probe

Posted: September 3, 2009 at 5:20 a.m.

The watchdog of the Securities and Exchange Commission has found that the agency consistently mishandled its investigations of Bernard Madoff 's business, despite ample warnings of the multibillion-dollar fraud.

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Business, Pages 24 on 09/03/2009

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