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	<title>Comments on: Madoff verdict: The SEC is plain incompetent</title>
	<atom:link href="http://blogs.reuters.com/commentaries/2009/09/02/madoff-verdict-the-sec-is-plain-incompetent/feed/" rel="self" type="application/rss+xml" />
	<link>http://blogs.reuters.com/commentaries/2009/09/02/madoff-verdict-the-sec-is-plain-incompetent/</link>
	<description>Now raising intellectual capital</description>
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		<title>By: mspexec</title>
		<link>http://blogs.reuters.com/commentaries/2009/09/02/madoff-verdict-the-sec-is-plain-incompetent/comment-page-1/#comment-8991</link>
		<dc:creator>mspexec</dc:creator>
		<pubDate>Wed, 06 Jan 2010 02:39:14 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.reuters.com/commentaries/?p=3394#comment-8991</guid>
		<description>I am a Petters victim who has had $50 million embezzled by Petters while judges and lawyers he paid to &quot;look the other way&quot; looked the other way. The Minnesota US Attorney&#039;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 mspexec@gmail.com</description>
		<content:encoded><![CDATA[<p>I am a Petters victim who has had $50 million embezzled by Petters while judges and lawyers he paid to &#8220;look the other way&#8221; looked the other way. The Minnesota US Attorney&#8217;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 mspexec@gmail.com</p>
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		<title>By: ARJTurgot</title>
		<link>http://blogs.reuters.com/commentaries/2009/09/02/madoff-verdict-the-sec-is-plain-incompetent/comment-page-1/#comment-3411</link>
		<dc:creator>ARJTurgot</dc:creator>
		<pubDate>Thu, 03 Sep 2009 13:28:28 +0000</pubDate>
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		<description>&quot;SEC Chair Mary Schapiro commenting on the IG’s findings says Madoff is a “failure we continue to regret.”&quot;

as opposed to being a failure we can walk away from like FINRA?</description>
		<content:encoded><![CDATA[<p>&#8220;SEC Chair Mary Schapiro commenting on the IG’s findings says Madoff is a “failure we continue to regret.”&#8221;</p>
<p>as opposed to being a failure we can walk away from like FINRA?</p>
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		<title>By: John McLeod</title>
		<link>http://blogs.reuters.com/commentaries/2009/09/02/madoff-verdict-the-sec-is-plain-incompetent/comment-page-1/#comment-3393</link>
		<dc:creator>John McLeod</dc:creator>
		<pubDate>Thu, 03 Sep 2009 01:17:15 +0000</pubDate>
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		<description>Please pardon the OT (I&#039;m at a loss for words on the SEC report)

Over at the WSJ they&#039;re quoting Goldman economist Jan Hatzius as suggesting that the Fed can control inflation by dumping a bunch of their Agency Debt holdings.

&quot;... 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.&quot;

&quot;MBS -- Fed&#039;s Inflation-Fighting Weapon&quot;
http://online.wsj.com/article/SB125193069297181241.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&#039;s, that&#039;s, ... totally insane

2) why would GS even suggest such a thing?

3) don&#039;t you reporters, like, ever question what these experts come up with?</description>
		<content:encoded><![CDATA[<p>Please pardon the OT (I&#8217;m at a loss for words on the SEC report)</p>
<p>Over at the WSJ they&#8217;re quoting Goldman economist Jan Hatzius as suggesting that the Fed can control inflation by dumping a bunch of their Agency Debt holdings.</p>
<p>&#8220;&#8230; 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.&#8221;</p>
<p>&#8220;MBS &#8212; Fed&#8217;s Inflation-Fighting Weapon&#8221;<br />
<a href='http://online.wsj.com/article/SB125193069297181241.html'>http://online.wsj.com/article/SB12519306 9297181241.html</a></p>
<p>Right.  And emptying a couple of dozen rounds from a Thompson submachine gun into the patient might reduce his elevated heart rate.</p>
<p>1) that&#8217;s, that&#8217;s, &#8230; totally insane</p>
<p>2) why would GS even suggest such a thing?</p>
<p>3) don&#8217;t you reporters, like, ever question what these experts come up with?</p>
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