TV News LIES

Thursday, Apr 26th

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...


Many of Team USA's biggest names will bail on White House visit, meeting with Trump

Team USA : Many to skip Trump invite The 2018 U.S. Winter Olympic and Paralympic teams are going to the White House Friday morning,...

Police Expected to Announce Arrest of Suspected Golden State Killer Blamed for 12 Murders and 45 Rapes

Golden Gate KillerAuthorities in California plan to make a “major announcement” in the case of an elusive serial...

Bill Cosby found guilty of sexual assault and could face 10 years or more in prison

Cosby is guilty on all counts Bill Cosby was found guilty on all counts in his sexual assault retrial in a Norristown,...

Report: Jehovah’s Witnesses’ Policies Protect Child Abusers

A Jehovahs witnesses protect child abuserssecond was all it took. A second was all he needed. The little girl was 4,...
 
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!