Synopsis

The Bernard Madoff scheme defrauded thousands, draining billions. Harry Markopolos asserts that the Securities and Exchange Commission is incapable of recognizing fraud if it were presented to them. Steve Kroft reports on the claim that SEC personnel tasked with oversight lack the necessary experience to detect such elaborate deception. In our next story, CNN’s Anderson Cooper examines the escalating conflict between Mexican gangs and drug cartels. Fueled by weapons originating in the United