TV News LIES

Tuesday, Mar 24th

Last update07:48:53 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...


8 architecture and culture groups sue Trump and the Kennedy Center board

Kennedy CenterA group of eight architecture and cultural organizations is suing President Trump and the board of...

Sending ICE Officers Into Airports To Assist TSA Is A Dumb Idea: ‘No Way It Helps’

ICE at airportsThe union representing Transportation Security Administration officers has a message for President Donald Trump: Thanks, but...

Bill Cosby found guilty of sexual assault and ordered to pay $59.25m in damages

Bill CosbyA California jury found Bill Cosby guilty of sexual assault in a civil trial on Monday,...

Who were the pilots killed after a plane hit a firetruck at LaGuardia?

2 pilots killed at La GuardiaAt least two people were killed and dozens were At least two people were killed and...
 
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!