TV News LIES

Friday, Mar 24th

Last update05:20:13 AM GMT

You are here News Domestic (USA) Michael Hirsh: Madoff Report Indicts Entire Regulatory System

Michael Hirsh: Madoff Report Indicts Entire Regulatory System

E-mail Print PDF

The scariest thing about the report, perhaps, is that it isn't about what happened in the past as much as it's an indicator of what our future looks like. The Madoff Ponzi scheme was a relatively simple scam: all anyone in enforcement ever had to do over the years was to obtain documents showing that wily old Bernie wasn't doing any trading at all. They never did. This is the same agency, slightly tweaked, that we're going to depend on to root out fraud in the mind-bogglingly complex world of over-the-counter derivatives that is even now resuming its old habits.

More...


Most Recent Related Stories...


The Supreme Court Rules In Favor Of A Special Education Student

Supreme Court Justice RobertsSchool districts must give students with disabilities the chance to make meaningful, "appropriately ambitious" progress, the...

Fired U.S. attorney Preet Bharara lands at NYU Law

Ptreet BhararaFormer U.S. Attorney Preet Bharara has a new job.Bharara was named Tuesday as a distinguished scholar...

Supreme Court limits president’s power to fill temporary posts

SCOTUSThe Supreme Court on Tuesday limited the president’s power to temporarily fill vacant government posts while...

Former NC police chief detained at JFK for 90 minutes

Former Police Chief detained at JFKA former North Carolina police chief whose mother is Italian and father is Somali said Sunday...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!