Bernie Madoff 'astonished' Feds flunked 'accounting 101' and missed his fraud

Updated

It wasn't enough for felonious Ponzi patriarch Bernard Madoff to bilk his clients of over $60 billion in assets. Now, the jailbird stock swindler is trash-talking about the very federal authorities who should have caught him and stopped the largest financial scam in history. In a jailhouse interview released late Friday by H. David Kotz, the Securities & Exchange Commission's inspector-general, Madoff disses SEC investigators as bumbling bureaucrats and says he was "astonished" that no one caught him earlier.

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