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2008-12-18 Home Front: Politix

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Posted by ryuge 2008-12-18 05:21|| || Front Page|| [11128 views ] Top

#1 If yes, it will be for all the wrong reasons.

Posted by g(r)omgoru 2008-12-18 05:26|| 2008-12-18 05:26|| Front Page Top

#2 At the close, conference convener Dean Lawrence Velvel of the Massachusetts School of Law noted more than twenty strategies and specific actions..

This is the same Velvel who invested in the Madoff Ponzi scheme but won't say how much (hey, some things are confidential, unlike matters of national security, which must be exposed to the light of day ASAP.) Karma's a bitch.

Posted by Matt 2008-12-18 08:11|| 2008-12-18 08:11|| Front Page Top

#3 Story HERE:

Mary Schapiro, Barack Obama's choice to lead the Securities and Exchange Commission (SEC), previously appointed one of Bernard Madoff's sons to a regulatory body that oversees American securities firms.

It has emerged that in 2001, Ms Schapiro, currently chief executive of the Financial Industry Regulatory Authority (Finra), employed Mark Madoff to serve on the board of the National Adjudicatory Council the division that reviews disciplinary decisions made by Finra.

Last week, Mark Madoff, with his brother, Andrew, were understood to have approached the authorities after their father apparently confessed to orchestrating a $50 billion securities fraud.

Mr Madoff is under house arrest in his $7 million Manhattan apartment and will be electronically tagged after he failed to secure further signatories to guarantee his $10 million bail.

Posted by Besoeker 2008-12-18 08:16|| 2008-12-18 08:16|| Front Page Top

#4 It starts the Roman cycle of prosecuting the predecessors. That sort of lead to the little Rubican incident with Caesar. That worked out well for the republic didn't it. Fools and the fools that travel with them, they be.

Posted by P2k on holiday 2008-12-18 09:01|| 2008-12-18 09:01|| Front Page Top

#5 Yes, it's already started in Loonyville...

One investor, Lawrence Velvel, 69, dean of the Massachusetts School of Law, said he and a friend may have lost millions of dollars between them. This is a major disaster for a lot of people You work all your life, you finally manage to save up something, and somebody whos entrusted with it, it turns out suddenly hes a crook. Lots of people are getting fully or partially wiped out.

How very convenient that Madoffs arrest also financially decapitates Velvel. Please draw your own conclusion and act accordingly.

Madoff! You magnificent bastard!!

Posted by tu3031 2008-12-18 11:14|| 2008-12-18 11:14|| Front Page Top

#6 There is the assumption of a "pocket pardon" with regards to former presidents. In essence, the assumption is that they created a pardon for their high ranking cabinet officers and themselves, which they never make public, and retain after they leave office.

This avoids the ugly alternative, that once the Republicans got back into office, they would retroactively prosecute Obama, Clinton and Carter for wrongdoing.

Posted by Anonymoose 2008-12-18 13:28|| 2008-12-18 13:28|| Front Page Top

#7 Carter should be prosecuted - and convicted - for hating America and general assholery, 'moose.

Posted by Barbara Skolaut">Barbara Skolaut 2008-12-18 14:36|| http://ariellestjohndesigns.com/]">[http://ariellestjohndesigns.com/] 2008-12-18 14:36|| Front Page Top

#8 Seems to be a U.S. thing:

If you haven't got a clue, sue

Posted by European Conservative 2008-12-18 17:06|| 2008-12-18 17:06|| Front Page Top

#9 IIRC, Ms. Schapiro was a former FAA administrator that first brought the issue of unapproved aircraft parts (counterfeit) to light. But due to back stage pressure she was forced to resign and the program watered down to what is now called "suspect unapproved parts," where there is a bigger burden of proof required to get the bogus parts yanked and junked. Seems that there were some aircraft recyclers getting a bit fast and loose with reselling parts off crashed birds ( as in going to the scene of the crash and dragging struts, and other big major parts away while, in some cases, the victims had not yet been removed). there was also the problem of anybody with a lathe making parts and putting tags on them and selling them, and then the birds would fall outof the sky.
i think she is basically a good person.
why she is playing in this pool is beyond me.

Posted by USN, Ret. 2008-12-18 17:17|| 2008-12-18 17:17|| Front Page Top

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