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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 374.22

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Nov 21 4:00 PM EST

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To: TobagoJack who wrote (46188)	2/5/2009 8:36:45 PM
From: RJA_	2 Recommendations Read Replies (1) of 217960

For those that are interested -- Here is Live, the Madoff testimony from Wednesday. Featured is Mr. Markopolos, the fraud investigator and forensic accountant who repeatedly tiped off the SEC as to what Madoff was up to. His testimony begins at apprx the 12 minute mark. c-span.org It is followed by testimony of high level management at the SEC. I have never seen such an insipid bunch of professional suck ups doing anything possible to stonewall and duck their professional responsibility. Their attorney even invoked executive privilege. If you don't have the desire or patience or stomach to watch the whole thing, here is a snipped of Rep. Ackerman of NY laying into the sec. This guy is genuinely pissed as many in the NY Jewish community lost millions. Aged philanthropists are now beggars. youtube.com From Markopolos: "the SEC is captive to the industry it regulates. It is afraid of bringing cases against the largest most powerful firms."

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