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Ponzimonium in Sight

By alex.foti

US watchdog fears market Ponzimonium
By Javier Blas,  March 20 2009
US federal regulators have warned of a “rampant Ponzimonium” as they disclosed they are investigating “hundreds” of possible scams in the aftermath of the $50bn fraud allegedly perpetrated by Bernard Madoff.
Bart Chilton, a commissioner at the Commodities Futures Trading Commission, the US regulator, said the watchdog [...]