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BERNIE’S WALK…
By Anthony | March 19, 2009
Greetings,
I’ll keep this brief with more to come later.
Okay, now that Bernie Madoff has done the perp walk who is next?
Can we start with the Securities and Exchange Commission (SEC) for their incompetence and complete failure to enforce federal security laws?
By now we should be at least somewhat aware of who Harry Markopolos is and what he tried to tell the SEC (REPEATEDLY) about the scam that some ten years after his first attempt robbed thousands of billions.
The SEC’s inability (or more like it recalcitrance) to heed his numerous red flags are deplorable. The 52-year old Erie, Pennsylvania native was playing the role of the heroic pilot Chesley Sullenberger III, who calmly and adroitly saved a sure disaster when US Airways flight 1549 headed for the Hudson River - you know a patriot. Yet Markopolos, the former securities industry executive, continually ran into silence and why is that?
This trotting out of one face (the equivalent of a sideshow) to appease the fed up and angry masses insults our intelligence.
I find it hard to imagine that Made-off worked alone.
PEACE
Topics: Videos |
June 12th, 2010 at 8:08 pm
I love it!