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Assesssing the Madoff Ponzi Scheme and Regulatory Failures (2009)

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U.S. House of Representatives

Committee on Financial Services

Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises



Assessing the Madoff Ponzi Scheme and Regulatory Failures

Monday, January 5, 2009, 2:00 p.m., 2128 Rayburn House Office Building



Washington, DC – Congressman Paul E. Kanjorski (D-PA), the Chairman of the Subcommittee on Capital Markets,
Insurance, and Government Sponsored Enterprises, today announced that the House Financial Services Committee will meet
on Monday, January 5, 2009, to assess the alleged $50 billion investment fraud engineered by Mr. Bernard L. Madoff that
is now the subject of multiple investigations. The hearing will help to guide the work of the Financial Services
Committee in the 111th Congress in undertaking the most substantial rewrite of the laws governing the U.S. financial
markets since the Great Depression.



Original source: C-SPAN

Committee page: house.gov



There are 3 videos in this series. This is the January 5 hearing.



February 4, Part 1 | February 4, Part 2 | January 5





Witness List & Prepared Testimony:



Panel 1



- Mr. H. David Kotz, Inspector General, U.S. Securities and Exchange Commission

- Mr. Stephen P. Harbeck, President, Securities Investor Protection Corporation



Panel 2



- Mr. Allan Goldstein, a retiree and investor with Bernard L. Madoff Investment Securities

- Ms. Tamar Frankel, Professor of Law and Michaels Faculty Research Scholar, Boston University School of Law

- Mr. Leon Metzger, adjunct faculty member at Columbia University, Cornell University, New York University, and Yale
University





This movie is part of the collection: FedFlix



Producer: House Financial Services Committee

Audio/Visual: sound, color

Language: English

Keywords: financialservices.house.gov; c-span.org; public.resource.org



Creative Commons license: Attribution-Noncommercial 3.0 United States

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