PBS’s documentary show FRONTLINE took on Bernie Madoff this week, exposing the history of his operation and how the SEC let him slip through their fingers.

One of the most interesting interview subjects is Madoff’s old “business partner” a member of the “feeder firm” that took a percentage for feeding Madoff clients. He claims he didn’t know he was sending investors into a ponzi scheme — the firm just cashed the checks from Madoff until the SEC shut them down for operating without a license back in the ’90s.

Interesting stuff.

The Madoff Affair [FRONTLINE]

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