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Media On Trial: Did the Media Fail us with reporting Madoff? Part 4

By Steve Lombardi

Today we continue to analyse and ask why the media missed this softball and how over a ten year period there were no questions being asked in the print and electronic media.

These are some excerpts featuring Madoff, recently implicated in a $50 billion Ponzi scheme.

http://www.youtube.com/watch?v=auSfaavHDXQ

http://www.youtube.com/watch?v=SsSGZezvuSg

December 13, 2008 – CBS - $50 Billion Wall Street Scam

http://www.youtube.com/watch?v=JOjC7zTOIJA

December 17, 2008 – SEC Investigation News Conference

http://www.youtube.com/watch?v=xxwnaC3HCsI

The Chairman of the Securities and Exchange Commission says the agency failed to investigate credible claims about money manager Bernard Madoff's alleged Ponzi scheme. (Dec. 17). Credible allegations of fraud had been made against Madoff for over a decade yet the commission was never referred the matter.

December 18, 2008 – Famous push video while he smiles.- Fraud Bernie Madoff Pushed by Photographer

Bernie Madoff is shoved upon returning to his $7 Million-Dollar residence after a court hearing.

Bernie seems to be enjoying all the publicity by evidence of his smile. I'm sure all the people he has ruined are not smiling this holiday season.

http://www.youtube.com/watch?v=jESY1YReUrQ

Originally posted at InjuryBoard by Steve Lombardi

Full post as published by Des Moines Personal Injury Lawyer on April 28, 2009 (boomark / email).