Meaghan Cheung is a former SEC branch chief of the New York enforcement division. She came under fire in January 2009 after a whisleblower revealed that he had given very specific information to her regarding Bernard Madoff and the ponzi scheme he was running. Cheung had previously signed off on an investigation into Madoff's business practices in 2006, giving him the all clear.
Quotes
"Why are you taking a mid-level staff person and making me responsible for the failure of the American economy? ... I worked very hard for 10 years to make a career, and a reputation, and that has been destroyed in a month." - Meaghan CheungNew York Post: The SEC Watchdog Who Missed Madoff (January 7, 2008)
"Cheung, branch chief in New York, actually investigated but with no result that I am aware of. In my conversations with her, I did not believe that she had the derivatives or mathematical background to understand the violation." - Harry MarkopolisNew York Post: The SEC Watchdog Who Missed Madoff (January 7, 2008)
References
Fast Facts
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Age in January 2009
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Singled out by whistleblower Harry Markopolos
