Securities Docket News Wire for Jan. 3, 2009

By Securities Docket on January 3, 2009, 11:59 pm

Isaac Hunt, SEC commissioner (’96-’02): SEC is “not a 21st century institution,” and living on past glory, which is gone. http://is.gd/euhA #
Out of the Office? Here’s What You Missed. http://is.gd/etAk #
Attorney says untangling Madoff’s financials may take years; 500 accountants, attys, researchers; 100s of millions of $. http://is.gd/etrN #
Prosecutors allege Marc Dreier paid other people “up to $100,000 to engage in one impersonation on a phone call.” http://is.gd/etrl #