Mq, you said that the SEC employees involved in finding the Great Globalstar Memorial Massacre [when it was pointed out to them by that silly Wall Street Journal journalist Carrie Lee], but who couldn't find Bernie Madoff doing $billions when he was right under their nose for decades, should be given jobs more suited to their talents.
Well, they have had pay cuts and other disciplinary action. None were fired, but half of them left the Department of Harassing Good Blokes but Ignoring Actual Crooks<
finance.yahoo.com
SEC disciplines 8 employees for agency failure to uncover Madoff scheme; 3 have pay cut  AP – Fri, Nov 11, 2011 4:26 PM EST
WASHINGTON (AP) -- The Securities and Exchange Commission says it has disciplined eight employees for failing to uncover the Bernard Madoff's pyramid scheme over a 16-year period. None of the employees were fired.
SEC spokesman John Nester says the discipline varied. Three employees had their pay reduced. Two received 30-day suspensions without pay, one of whom also received a pay cut. The others received shorter suspension or counseling memos. The actions were based on recommendations by a law firm hired by the agency.
Two years ago, the SEC inspector general questioned the conduct of 21 employees in a report on the Madoff affair. Ten of those employees have since left the agency.
The SEC has been criticized for failing to spot the pyramid scheme. Madoff is serving a 150-year sentence for securities fraud. >
The fancy new cut and paste by Silicon Investor is so good - the article and attribution and link can be put here as evidence. Evidence of copyright infringement admittedly but for finality and self-defence, it's good to have the evidence all in one place.
Carrie Lee, also couldn't see Bernie but could find the Great Globalstar Memorial Day Massacre right there in the open for all to see. It was hardly great investigative reporting Carrie. But it was fun to taunt the SEC, who at least had the good sense not to accuse dinkum blokes of evil-doing unlike the California commercial law enforcement guy who made blasphemous accusation that it was clearly illegal.
She is on LinkedIn here: < linkedin.com
Carrie Lee's Summary
Financial news correspondent and writer. Extensive experience in broadcast and print journalism, public speaking/moderating.
Currently employed at FiOS 1 News (Feb 2011 - present. Anchor for "Money and Main$treet" personal finance TV show. Prior to FiOS, anchor with Thomson Reuters Financial TV unit, an interactive, online video service delivering personalized live and on demand financial markets coverage, analysis and breaking news for financial professionals.
Prior to Reuters (Jan 2009 - Feb 2010) worked as an on air reporter at CNN. Responsible for researching, writing and reporting daily live segments covering breaking business news, market trends, economic reports and personal finance. Segments have aired on CNN Headline News, CNN's American Morning, and CNN International, and the former CNNfn.
Prior to CNN (2000-2001), worked as an on air reporter for CNBC, contributing live segments and taped packages daily.
Prior to CNBC (1998-2000), worked as a columnist for WSJ.com. Covered internet and online related stories including investigative reports, corporate profiles, online stock scams, personal finance services and financial trends.
Prior to WSJ.com (1996-1998), worked as a reporter/researcher for SmartMoney magazine. Wrote and reported personal finance and financial service pieces, fact checked stories for colleagues.
Prior to SmartMoney (1995) worked as a reporter for Financial World magazine. Reported and wrote feature pieces and company profiles.
SpecialtiesExtensive financial reporting experience, including broadcast, print and radio. Includes researching, reporting, writing and presenting stories. Experienced public speaker, moderator.
Stonrg interpersonal, interpretive and interviewing skills. Highly proficient in the research and presentation of financial analysis. Broad understanding of investment principles and global financial markets. >
Look, she claims to have worked for WSJ.com from 1998 to 2000 covering online related stories including online stock scams. It would be interesting to know which online stock scams she investigated. I shall send her an email. clee.nyc@gmail.com
She obviously doesn't have stonrg proof-reading skills to go along with her amazing journalistic talents. When she defames people, she should be aware that they do not forget. Joe Frazier never forgave Cassius Clay for his nasty unsportsmanlike taunts.
Mqurice |
