"If self-regulation is ever going to work, we need to find ways to advertise it, reward it, and measure it. Currently, the SAC is doing none of the above. Every tool, every resourse, and every person has to be brought to bear in the fight against white-collar crime. Government has coddled, accepted, and ignored white-collar crime for too long. It is time the nation woke up and recognized that it's not the armed robbers or drug dealers who cause us the most economic harm. It's the white-collar criminals living in the most expensive homes and who have the most impressive resumes who harm us most. They steal our pensions, bankrupt our companies, and destroy thousands of jobs,ruining countless lives..."
Harry Markopolos in his testimony before the U.S. House of Representives on Wednesday, February 4, 2009.
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