SEC may have destroyed Goldman, Madoff documents

Flynn alleges the SEC destroyed files related to matters being examined in important cases such as Bernard Madoff and a $50 billion Ponzi scheme he operated as well as an investigation involving Goldman Sachs Group Inc. GS -0.04%   trading in American International Group credit-default swaps in 2009.

Flynn also alleged that the agency destroyed documents and information collected for preliminary investigations at Wells Fargo & Co. WFC +1.34% , Bank of America Corp.BAC -0.27% , Citigroup C +0.03%  , Credit Suisse CS +0.38%  , Deutsche Bank DB +0.79% Morgan Stanley MS -0.12%  and the now-bankrupt Lehman Brothers.

read the rest - MarketWatch