Madoff With Hedge Funds' Money

By ALEN MATTICH A DOW JONES NEWSWIRES COLUMN LONDON -- ....According to press and blog reports, the SEC never investigated Bernie Madoff, never even put him through routine checks, because, well, he was too cuddly. And too well respected by his peers.

OK, not quite never, back in 1992 they had a sniff about suspicious goings on in an unregistered Florida trading scheme, which they traced back to