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1.Why were there almost no criminal prosecutions of accounting fraud during the financial crisis (Lehman Brothers, Countrywide are examples)? 2.What is the revolving door between

1.Why were there almost no criminal prosecutions of accounting fraud during the financial crisis (Lehman Brothers, Countrywide are examples)?

2.What is the revolving door between the SEC and the private sector? Why is it a problem?

3.Why didn't the SEC catch Madoff?

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