The Emperor has no clothes - Madoff did not buy securities

I know it's not quite the same but the Peanut Corp. of America is another example of lack of oversight.
 
Silverbird said:
NEW YORK - The trustee in charge of untangling the mess left behind by Bernard Madoff told a packed auditorium Friday there was no indication the disgraced money manager had bought securities for his clients for over a decade

http://www.msnbc.msn.com/id/29299931/
"The cloth is so light you can't even feel it. And only a good, just man can see them. I'm sure you can see every fine detail, the gold embroidery...." - Lies from the "clothing makers" who made the Emperor's "clothes".
Click to expand...
I only read the first half of the thread title...I thought it was referring to the Obama stimulus bill!:nuts: On a serious note, as a federal employee, I am embarrassed by the lack of action on the part of the SEC in this scandal. It's stuff like this that gives us a bad reputation. I don't blame the employees, though, I blame the leadership, or lack thereof!
 
Silverbird

Silverbird

Well-known member
NEW YORK - The trustee in charge of untangling the mess left behind by Bernard Madoff told a packed auditorium Friday there was no indication the disgraced money manager had bought securities for his clients for over a decade

http://www.msnbc.msn.com/id/29299931/
"The cloth is so light you can't even feel it. And only a good, just man can see them. I'm sure you can see every fine detail, the gold embroidery...." - Lies from the "clothing makers" who made the Emperor's "clothes".
 
You must log in or register to reply here.
Back
Top