TV News LIES

Wednesday, May 06th

Last update02:10:41 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...


Missouri Senate Overrides Veto Of Welfare Restrictions Bill

Jay NixonThe Missouri Senate voted on Monday to override Gov. Jay Nixon's veto of a bill that...

NYPD officer shot in the head this weekend pronounced dead

NYPD officer diesA 25-year-old police officer shot in the head over the weekend while attempting to stop a...

Oregon Bill Passes Expanding Background Checks for Gun Sales

background checksOregon Democrats have muscled through legislation expanding background checks to cover nearly every private firearm sale...

Video: 4 Black Officers Held at Gunpoint by NYS cops

NYS cops hold guns on four black officersFour black parole officers on official business were held at gunpoint and detained by police last...
 
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!