Political Irony

I’ve heard of marrying someone for their money, but this is a new twist.

It turns out that back in 2004, an Securities and Exchanges lawyer warned that Bernie Madoff’s business “didn’t add up”. She even asked for further investigation. Madoff, of course, was running a massive ponzi scheme that ended up bilking investors out of $50 Billion (the largest fraud in history).

A large part of the fraud could have been prevented. But the investigation didn’t happen, and the lawyer was told by her supervisor to concentrate on other things. Why? We may never know, but her boss’s boss, Eric Swanson later married Madoff’s niece.

And you thought we didn’t have dowries in the USA.