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Another good idea for reforming our bad Congress.

It's really astonishing that Bernie Madoff got away with this.

• Speaking of which, Richard Cohen used to have a crush on Ruth Madoff.

Is it time to start calling California "the Once-Golden State?

A map of places where Obama has eaten in DC.

You know, I'm really falling behind in my "Infinite Jest" reading. And it's only week two!

By Ezra Klein  |  July 1, 2009; 7:05 PM ET
Categories:  Tab Dump  
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Comments

I'm also playing catch-up with Infinite Jest, and it's very frustrating. Think I best devote a good swath of the weekend to it.

Posted by: eirinn22 | July 1, 2009 9:21 PM | Report abuse

If I, an off-for-the-summer grad student, can wade through Infinite Jest, I'm sure you'll be able to catch up just fine.

Speaking of off-for-the-summer, do you know anyone who would be willing hire a lovely and engaging foreign policy student? I'd work for free.

Posted by: Margarita2 | July 1, 2009 10:37 PM | Report abuse

Aw. come one, Ezra, no links to that horrible lamer Richard Cohen, pls! Only judging by the description at the opinion page, this is just another one of theose same old same old bragging stories that are based on the "fact" that the author knows a prominent person. But who really cares about Dick Cohen knowing a criminal? And who cares about all those alleged "friends" of Michael Jackson? If all those prominents really would have had so many good friends, their life may have been different...

Posted by: Gray62 | July 2, 2009 4:41 AM | Report abuse

Good recount of the SEC failure in the Madoff Scandal by Steven Pearlstein (I really should keep an eye on his column in the future). And the alternatives a SEC investigator would have had when checking Madoff's business look realistic:

"Question: Do you (1) Close the investigation after requiring Madoff to register as an investment adviser? Or (2) Do a spot-check to see whether those offshore trades really happened and inquire further into the business relationship between the Cohns and Madoff?"

However, this begs another question that Pearlstein doesn't answer: Despite being overburdened with work, and not really having the time, was there anything in SEC rules, or the laws, that would have kept an agent from chosing option #2?

(And btw, why doesn't Pearlstein's column doesn't have a comment feature, so that readers can ask such questions there?)

Posted by: Gray62 | July 2, 2009 5:11 AM | Report abuse

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