December 2008
Thomas E. Peisch was quoted by the Christian Science Monitor in an article entitled "Madoff Scam Saps Confidence in Wall Street."
Thomas E. Peisch was quoted by the Christian Science Monitor in an article entitled "Madoff Scam Saps Confidence in Wall Street." Mr. Peisch discussed the watchdog role of the Securities and Exchange Commission relative to investors' loss of over $50 billion and fund manager Bernard Madoff. Responding to the allegation that the agency disregarded information regarding Madoff’s fraudulent dealings, Mr. Peisch suggested that while the Securities and Exchange Commission receives numerous complaints, “If it is true they received substantive complaints and blew them off, they will face some heavy sledding.”