Madoff ‘astonished’ SEC did not catch him, FT, Oct 2009 http://www.ft.com/intl/cms/s/0/a039e91c-c5ac-11de-9b3b-00144feab49a.html http://www.ft.com/intl/cms/s/0

Madoff ‘astonished’ SEC did not catch him, FT, Oct 2009 http://www.ft.com/intl/cms/s/0/a039e91c-c5ac-11de-9b3b-00144feab49a.html http://www.ft.com/intl/cms/s/0/a039e91c-c5ac-11de-9b3b-00144... It falls a bit short of backing up the claim "[e]veryone thought he had nothing to hide", but it's along those lines.