All Blog Posts from Couric & Co.

While Bernard Madoff, the financier accused of running a $50 billion Ponzi scheme, was in a New York courtroom Monday answering to prosecutors, lawmakers in Washington held their first hearing on Madoff's investment scandal.

Democratic lawmakers charged that the Securities and Exchange Commission had “failed miserably” in ignoring warnings that could have uncovered wrongdoing years ago.

But as CBS News investigative correspondent Sharyl Attkisson reports on the CBS Evening News, a crucial witness in helping determine how Madoff's scheme evaded regulators was a no-show: whistleblower Harry Markopolos.

He agreed to testify at first, but ended up telling Congress he was too physically worn down and needs more time.

Markopolos, A derivatives expert, first alerted officials ...

Read full post…