The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (16309)	1/14/2009 4:22:03 PM
From: carranza2	1 Recommendation Read Replies (1) of 71454

Its the audits - or lack of them - plus the mysterious 'proprietary' methods plus the fact that it has to be devilishly difficult to pull off a scam of the magnitude all by himself that makes me think he had help. Or willingly ignorant folks referring clients to him. theeagle.com I have read a 20+ point anonymous memo to the SEC - no, not the one which is in the news - in which someone quite sophisticated made mincemeat of Madoff's methods. Who knows. Bad for the system. I no longer trust brokers, investment bankers, anyone on Wall St.,including the SEC. They are all presumptively stupid, greedy or corrupt unless shown otherwise. This is probably a wrong assessment, I know, but I bet you 1000 shares of Berkshire that this is how most Americans feel. Foreigners burned by subprime? Hah! If I lived in Norway, Sweden, China, etc., I wouldn't dream of trusting an American financial institution with a pfennig. Gary Aguirre is a friend. Perhaps you've heard of him. nytimes.com iht.com

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