ET Post from THREE YEARS AGO was: SEC investigating MADOFF FINANCIAL?

lol well you have bush in office back then, think of how they handled katrina. There was a hurricane it was on tv, there was 1million displaced, lol did anybody do anything. nope.

 

So who just lost 17b? Anyone have any names of who might have been a client??

 

Roubini and Taleb.

 

Good old USA regulatory system, their all for investor’s protection, yea right!!

 

guess he was right!

 

With years to establish an exit plan? Considering he was bright enough to get away with his for so long?

He's as good as gone already, IMO.

 

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BrockLand;
Bloomberg news mentioned '' Kinggate Global Fund LTD, & Fairfiel's Greenwich Group/Fairfield Sentry LTD'', and an unamed ''lawyer at the country club...........................................................................................

My dad had his regional bank robbed once;
but he never blame/gamed the FBI, the FBI helped solve the problem.Partial disclosure, my Dad was over 18 years old.


Not everyone was fooled, or ignored the'' red flags'' someone did due dlignce for several months, staked out Mr. Madoff's auditor.

 

Maybe he had exit plan, but not smart enough to anticipate size of December redemptions from clients panic?

 

ab - so - freakin' - lutely

 

Just goes to show that the SEC has absolutely ZERO clue as to what it is doing. Quite negligent.