Open Thread


What's Your Take? Leave a Comment

Leave a Reply

  1. DIBS, point well taken and there are now many who said red flags should have been raised as early as 1999 or even prior to that, but this really doesn’t look good or help matters in terms of the SEC’s image. Investors are desperately scrambling to get what they can, but I don’t think they’ll recoup anything…not even pennies on the dollar.

    “Biff this is part of my post from yesterday. You see this is the Hijacking of America by criminals. These people have infected every aspect of our lives and we will suffer because of the BS. If you want to do some reading then please read this ..”
    – What, I agree in this case that Madoff is the worst of the worst. He not only bamboozled billionaires and certain financial institutions, he also screwed a number of charities and members of the middle class who were investing their retirement funds with him. He should be locked up forever – although I wouldn’t mind seeing him let and and have some street justice administered to him.

    Having said that, one can’t paint all Wall Streeters with one brush. The majority of those working in the financial sector are truly good, hard working and ethical individuals. As we’ve seen, it doesn’t take many bad apples to do incredible damage and give everyone a bad name. And yes, there are good apples who helped precipitate the subprime mortgage crisis, but please understand that they too do not represent all of us.

  2. “What, what’s your take on the SEC compliance examiners being in bed (literally) with the Madoff family?”

    Biff this is part of my post from yesterday. You see this is the Hijacking of America by criminals. These people have infected every aspect of our lives and we will suffer because of the BS. If you want to do some reading then please read this ..

    http://www.deepcapture.com/

    Deep Capture is a work of investigative journalism examining the growing threat to our financial system posed by illegal naked short selling.

    “No because they are part of the “Ckick Clak Crew! They kids go to school together they “swing” with each other and they are part of the Mutant Asset Bubble plutocratic crowd, AKA “Good Old Boys”..”

    We are in big trouble…

    The What

    Someday this war is gonna end..

  3. You kids have your pillow talk with this scandal. I’m out of the loop. (I’m still reading today’s NYT about all this).

    I’m going to go lie down, wake me up when you’re done knocking boots over this.

  4. “What, what’s your take on the SEC compliance examiners being in bed (literally) with the Madoff family?”

    Great question!

    (We can get back to Noki’s fling with Kinsey after!)

1 18 19 20 21