{"id":11811,"date":"2009-09-10T06:06:07","date_gmt":"2009-09-10T10:06:07","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=11811"},"modified":"2009-09-10T06:06:07","modified_gmt":"2009-09-10T10:06:07","slug":"madoff-recorded-coaching-witness-to-outsmart-sec","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2009\/madoff-recorded-coaching-witness-to-outsmart-sec.html","title":{"rendered":"Madoff recorded coaching witness to outsmart SEC"},"content":{"rendered":"<p>Yahoo News &#8211; Madoff dismissed an SEC investigation as a &#8220;fishing expedition&#8221; and highlighted how investigators develop cozy relationships with firms they are supposed to regulate.<\/p>\n<p>&#8220;The guys &#8230; ask a zillion different questions and we look at them sometimes and we laugh, and we say are you guys writing a book?&#8221; Madoff said. &#8220;These guys they work for five years at the commission then they become a compliance manager at a hedge fund now.&#8221;<\/p>\n<p>The SEC&#8217;s failure to uncover Madoff&#8217;s massive scheme has led the agency to beef up enforcement efforts as it moves to restore investor confidence.<\/p>\n<p><a title=\"Read Complete Article\" href=\"http:\/\/news.yahoo.com\/s\/ap\/20090910\/ap_on_bi_ge\/us_madoff_on_tape\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yahoo News &#8211; Madoff dismissed an SEC investigation as a &#8220;fishing expedition&#8221; and highlighted how investigators develop cozy relationships with firms they are supposed to regulate. &#8220;The guys &#8230; ask a zillion different questions and we look at them sometimes [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[15808,11148,4944,1433,15809],"class_list":["post-11811","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-compliance-manager","tag-hedge-fund","tag-investigators","tag-investor-confidence","tag-sec-investigation"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11811","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=11811"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11811\/revisions"}],"predecessor-version":[{"id":11812,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11811\/revisions\/11812"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=11811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=11811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=11811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}