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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Madharry who wrote (119563)10/11/2009 4:32:56 PM
From: Skeeter Bug  Respond to of 132070
 
>>What I wonder is how many thousands of madoffs are lurking in the files of the sec that have been similarly poorly investigated but just havent surfaced yet.<<

citibank, bank of america, wells fargo, jp morgan chase, fannie, freddie... to name a few.



To: Madharry who wrote (119563)10/12/2009 1:54:44 PM
From: Knighty Tin4 Recommendations  Respond to of 132070
 
The SEC is designed to prevent individuals from making too much money and keeping the bulk in Wall Street's hands, as the Good Lord intended. <G> I have found them to be tigers with smaller investors and retail brokers, but toothless with institutions and wealthy individuals.