Comments on: Madoff verdict: The SEC is plain incompetent Now raising intellectual capital Sun, 08 Nov 2015 08:31:30 +0000 hourly 1 By: mspexec Wed, 06 Jan 2010 02:39:14 +0000 I am a Petters victim who has had $50 million embezzled by Petters while judges and lawyers he paid to “look the other way” looked the other way. The Minnesota US Attorney’s Office reported that Petters swindled $3.65 billion but in reality swindled in excess of $50 billion- the difference will go to the judges and politicians he paid off over a 20 year period- more on this massive swindle is available from

By: ARJTurgot Thu, 03 Sep 2009 13:28:28 +0000 “SEC Chair Mary Schapiro commenting on the IG’s findings says Madoff is a “failure we continue to regret.””

as opposed to being a failure we can walk away from like FINRA?

By: John McLeod Thu, 03 Sep 2009 01:17:15 +0000 Please pardon the OT (I’m at a loss for words on the SEC report)

Over at the WSJ they’re quoting Goldman economist Jan Hatzius as suggesting that the Fed can control inflation by dumping a bunch of their Agency Debt holdings.

“… Selling its billions worth of MBS, notes Mr. Hatzius, would drive up mortgage rates and cool the housing market, which in turn should slow the economy.”

“MBS — Fed’s Inflation-Fighting Weapon” 9297181241.html

Right. And emptying a couple of dozen rounds from a Thompson submachine gun into the patient might reduce his elevated heart rate.

1) that’s, that’s, … totally insane

2) why would GS even suggest such a thing?

3) don’t you reporters, like, ever question what these experts come up with?