The "Blame the SEC" Ponzi Strategy

By Paul Kedrosky · February 17, 2009 · Discuss ·

I’m highly fond of the "blame the SEC" strategy during a Ponzi scheme. As I recall, Madoff tried something similar. Either way, check this clip from the SEC litigation release concerning Stanford International:

blame-sec

Related posts:

  1. Blast from the Hedge Fund Ponzi Past
  2. Ponzi Scheme of the Day
  3. More Madoff-ian Mapping Mashups
  4. SEC on Stanford International: Multi-Billion Dollar "Scheme"
  5. Blame the Short-Sellers

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