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2009-03-25 -Lurid Crime Tales-

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Posted by Fred 2009-03-25 00:00|| || Front Page|| [1 views ] Top

#1 He acknowledged that he had illegally moved hundreds of millions back and forth between Bernard L. Madoff Investment Securities LLC in New York and his international firm in London.

Given all the high profile of moving money associated with terrorism and the drug trade, that such moves did not send signals to those charged with reviewing such transactions is another indicator of regulators who failed to regulate. We don't need new laws. We need the existing ones enforced. Apparently, the phrase 'we're from the government and we're here to help you' actually means that for Wall Street.

Posted by Procopius2k 2009-03-25 08:42|| 2009-03-25 08:42|| Front Page Top

#2 Great. Now find the other $49 billion.

Posted by Shavirt Forkbeard8424 2009-03-25 17:14|| 2009-03-25 17:14|| Front Page Top

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