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Meaghan Cheung, why didn't she stop Madoff when she had a chance?
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Well, she says she and her team did everything possible to investigate: "If someone provides you with the wrong set of books, I don't know how you find the real books," she said in a New York Post article.
Her main accusers say she just didn't have the background or knowledge to effectively investigate. She says she's just mid-level management, that she oversaw lawyers and had plenty of folks at the SEC overseeing her.
My take, for what it's worth -- no one took it seriously enough that such a well-known figure in the industry would devise such a big scam...and therefore no one dug deep enough until there was finally just too much evidence to ignore...
Her main accusers say she just didn't have the background or knowledge to effectively investigate. She says she's just mid-level management, that she oversaw lawyers and had plenty of folks at the SEC overseeing her.
My take, for what it's worth -- no one took it seriously enough that such a well-known figure in the industry would devise such a big scam...and therefore no one dug deep enough until there was finally just too much evidence to ignore...
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