Word: inspectors
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...while the report hammers the SEC for repeated instances of incompetence, it stops well short of declaring the SEC liable. "The OIG [Office of Inspector General] investigation did not find evidence that any SEC personnel who worked on an SEC examination or investigation of Bernard L. Madoff Investment Securities LLC had any financial or other inappropriate connection with Bernard Madoff or the Madoff family that influenced the conduct of their examination or investigatory work," the report notes. (See a Madoff family photo album...
...Overcoming the sovereign-immunity protection is the biggest hurdle, concurs David Bernfeld, a partner at Bernfeld Dematteo & Bernfeld LLC, who represents about a dozen Madoff victims. However, he believes the inspector general's report offers enough ammunition to prove negligence - which is the bullet needed to pierce the sovereign-immunity defense and make the SEC liable...
...long-awaited report from the inspector general at the Securities and Exchange Commission concluded that the SEC received six "substantive" complaints from June 1992 to December 2008 that could have uncovered disgraced financier Bernie Madoff's Ponzi scheme as early as 1992 if it had "properly examined or investigated" Madoff's trading practices...
...Inspector General's report released Monday there are references to the considerable doubt inside the CIA about interrogating prisoners of war. Although CIA management apparently never raised those doubts with its political bosses, the rank and file understood how little they themselves knew about interrogation. Few had ever conducted an interrogation, let alone an interrogation employing physical coercion. They also worried about the legal guidance coming out of the Department of Justice. (Read Five Revelations from the CIA Report...
...plan to [attack Heathrow]." This could suggest he gave up the information before he was put on the waterboard. But as with much of the eagerly anticipated documents, its meaning is anything but clear. Which means that far from ending the debate on whether harsh interrogation worked, the inspector general's report and CIA memos have simply provided more grist to both sides of the argument...