Remember that’s the same regulatory band that couldn’t catch that record-breaking New York fraudster Bernie Madoff, despite years of detailed complaints; the same gang that let Michael Liberty off the hook from the $6 million a judge ordered him to pay the Pennsylvania and Philadelphia pension funds and other investors he hurt for tens of millions in unauthorized investments because he claimed he was too poor to pay — even as Liberty was raising hundreds of millions for his telecom flop, Mozido Inc. (Ten years later, the SEC realized it had been had and sued Liberty. It’s still trying to collect.)