Madoff scandal siphons investigative resources
Just how big a deal is the Barnard Madoff scandal? It seems it is starting to pressure already scarce resources at the FBI. Bloomberg reports that the FBI has been forced to shift resources from terrorism issues to Wall Street issues, including the Madoff scandal. Even so, it is not even working on other big scandals. The Marc Dreier investigation is being conducted by U.S. Attorney without a lot of FBI help.
This is a tough situation for any civil servant to find themselves in. Certainly, our enemies abroad are taking note. Chalk this up as yet another way the financial crisis hurts all of us.
For more:
- here's the Bloomberg article
Related Articles:
Bernie Madoff news from FierceFinance
Marc Dreier, the latest to fall from grace




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