In what's become an SEC tradition, the government agency decided to reveal details of its botched Bernard Madoff investigations late Friday afternoon. The SEC offered up a jailhouse interview with Madoff; the NY Times reports he "said that the young investigators who pestered him over incidentals like e-mail messages should have just checked basics like his account with Wall Street’s central clearinghouse and his dealings with the firms that were supposedly handling his trades," adding, "If you’re looking at a Ponzi scheme, it’s the first thing you do."

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