WASHINGTON -- It's not often that erudite senators declare themselves baffled, mystified or bereft of understanding. But they'll cast themselves as clueless if it helps to make this point: That profound fraud, government screw-up and/or scandal? Not our fault.government screw-up and/or scandal? Not our fault.
Especially the one involving Bernard Madoff. That was the Securities and Exchange Commission's fault, at least according to lawmakers.