One legacy of Katrina may be a spike in securities fraud. The Securities and Exchange Commission expects a variety of schemes to bubble forth soon, according to MarketWatch. People may be asked to invest in companies that say they have a new way to make bleach or a hurricane-proof construction process or something similar. Linda Thomsen, the director of the SEC's enforcement division, said in a recent speech that she has already seen signs that such fraud is in the offing.
> Here's the MarketWatch article.
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