Here is the weekly summary for Securities Docket’s Web Watch (”This Week’s Best Blog Posts and Columns”):
- JOE NOCERA, NY TIMES (March 13, 2009): Madoff Had Accomplices: His Victims
Investors blaming the S.E.C. for their decision to give every last penny to Bernie Madoff is like a child blaming his mother for letting him start a fight while she wasn’t looking. - THOMAS K. MCCRAW, THE NEW REPUBLIC (March 13, 2009): Regulate, Baby, Regulate
Only a thorough repair of the agencies that handle securities and banking regulation–a repair FDR’s model can help us achieve–can prevent new crises down the road. - MARIE BRENNER, VANITY FAIR (March 12, 2009): In Court with Bernie Madoff
The Big Lie just sat there in a gray flannel suit. - WSJ LAW BLOG (March 12, 2009): More on Madoff: Talking Life Behind Bars, with Lawyer Alan Ellis
So what happens to Bernie Madoff from here? What will life be like between now and June 16, when he’s sentenced? What type of prison will he likely do time in? What is life in federal prison like? - THE RACE TO THE BOTTOM (March 12, 2009): Misunderstanding the Role of a Relationship of Trust and Confidence in O’Hagan
With all due respect to the distinguished law professors urging dismissal of the Mark Cuban complaint, their argument ignores the actual context in which the O’Hagan case uses the term “relationship of trust and confidence.” - SEC ACTIONS (March 12, 2009): Recent SEC Enforcement Actions Instruct That All Companies Should Review Their Insider Trading Compliance Programs
Yesterday’s Merrill Lynch case and last year’s Retirement System of Alabama investigation make it prudent for all companies to carefully review their compliance programs in view of the nature of their business. - PETER J. HENNING, DEALBOOK (March 11, 2009): Madoff’s Future: Where the Case Is Likely to Go
The Madoff case is at “the end of the beginning.” Madoff’s anticipated guilty plea provides some indications as to where the case is headed. - DAVID Z. SEIDE (March 10, 2009): What Will the SEC Do Differently in the Aftermath of the Madoff Scandal?
In Madoff’s wake, the SEC will likely undertake a variety of measures to improve the effectiveness of its examination and enforcement efforts. - THE D&O DIARY (March 9, 2009): Web 2.0 for the Insurance Industry (and the Rest of the World)
New forms of communication and information-sharing continue to emerge. At a minimum, these new alternatives already offer important supplements to the existing standard media, and potentially even offer entirely new ways of communicating.
