Madoff - could he have done it alone?

What is the similarity between the Fritzl case in Austria and the Madoff scam? In both cases it is extremely unlikely that those close to the perpetrator were ignorant of what was going on around them.

More on Mark-to-Market

See also: Former FDIC Chairman William Isaac on some historical perspective on mark-to-market accounting: Market Value Accounting Crippling Economy (American Spectator, 12 Nov 2008)

Regulators too close to Lobbies

Reading that Jay Levine, the former head of Royal Bank of Scotland's US Capital Markets Business, has made substantial donations to Chris Dodd, the head of the US Senate Banking Committee, makes one wonder who is more at fault. Accepting money from someone who you are supposed to police must be as questionable as channelling money into the coffers of your regulators. (Sunday Times, 8 Feb 2009)