Nevertheless, I’d like to give it the old college try.
I’m sorry, but musicprnt’s analysis of the SEC is BS. They missed it and it was a huge mistake. But it had nothing to do with Madoff’s political clout or the desire for some division head to get post-government enployment. It was a very bad mistake, that’s all.
@Chedva, I don’t think you’re the only one who didn’t like it. It got poor reviews, which said basically what you just did. Reviewers contrasted it to the OJ Simpson miniseries, which they said, unlike “Madoff” was revealing and intelligently written. (I only saw 1 episode of OJ, so I can’t comment.)
I saw epi one of the oj story and thought the acting was terrible and not nearly as well done as Madoff. Production looked very cheap to me.
This type of regulatory capture drives me crazy.
I have read the same thing about the SEC, though I don’t have any experience with it.