He did not want to inform the American people of just how nefarious and reckless banking has become because that might lead to outrage and calls for change which he was steadfastly determined NOT to provide.
No need to see a nefarious plot behind an 84 year old man's attaching the honor to for sacrifice and making hard choices.
Some were too busy with their own front running and other nefarious schemes to pay much attention to Madoff.