Re: OT: Could a Blog have prevented a fraud

On Wed, 2009-02-04 at 13:30 -0700, Stephen P Rufle wrote:
> http://money.cnn.com/2009/02/04/news/newsmakers/madoff_whistleblower/
>
> The question I want to pose is if the whistle blower first tried to
> contact the SEC, but was given the brush off. Could that whistle blower
> posted what he knew to a personal blog that might have been picked up by
> say digg. This in my mind could have prevented many years of the scheme.
> I am just unsure if there are reasons other then when the guy might have
> started all of this (2000) the net may not have been as mature.
>
> What do you think?
----
sure - if you're not worried about being sued for everything you own.

You're not gonna get much of the story in a 300 word article from CNN.
Madoff was known and thought to be one of the trusted ones so they
didn't want to look at what he was doing.

Craig

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