Congress To Hold Hearing On Madoff Scam
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According to reports from Bloomberg, U.S. Representative Paul Kanjorski said the House Financial Services Committee will hold a Jan 5th hearing to examine the $50 billion Bernard Madoff Ponzi scheme.
Kanjorski said the hearing will help guide, "the most substantial rewrite of the laws government the U.S. financial markets since the Great Depression."
Kanjorski said the hearing will help guide, "the most substantial rewrite of the laws government the U.S. financial markets since the Great Depression."
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