TV News LIES

Thursday, Aug 27th

Last update10:13:53 PM 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...


Same-sex couple cheers gay marriage ruling in Kentucky

same sex marriage ruling KentuckyApril Miller and Karen Roberts hugged as the news flashed across their television screen, and their...

Walmart Quits Selling AR-15s And Military-Style Rifles

AR-15Walmart says it will stop selling AR-15s and other sporting rifles, a spokesman confirmed to The...

Arizona severs ties with private prison operator over violent uprisings

Arizona prison reportArizona will fire the private operator running a state prison after three major uprisings that caused...

Amelia Boynton Robinson, Survivor Of 'Bloody Sunday,' Dies At 104

Amelia Boynton RobinsonAmelia Boynton Robinson, who went from being beaten on a bridge in Selma, Ala., in 1965...
 
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!