Comments on: Madoff verdict: The SEC is plain incompetent http://blogs.reuters.com/commentaries/2009/09/02/madoff-verdict-the-sec-is-plain-incompetent/ Now raising intellectual capital Sun, 08 Nov 2015 08:31:30 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: mspexec http://blogs.reuters.com/commentaries/2009/09/02/madoff-verdict-the-sec-is-plain-incompetent/comment-page-1/#comment-8991 Wed, 06 Jan 2010 02:39:14 +0000 http://blogs.reuters.com/commentaries/?p=3394#comment-8991 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 mspexec@gmail.com

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By: ARJTurgot http://blogs.reuters.com/commentaries/2009/09/02/madoff-verdict-the-sec-is-plain-incompetent/comment-page-1/#comment-3411 Thu, 03 Sep 2009 13:28:28 +0000 http://blogs.reuters.com/commentaries/?p=3394#comment-3411 “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?

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By: John McLeod http://blogs.reuters.com/commentaries/2009/09/02/madoff-verdict-the-sec-is-plain-incompetent/comment-page-1/#comment-3393 Thu, 03 Sep 2009 01:17:15 +0000 http://blogs.reuters.com/commentaries/?p=3394#comment-3393 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”
http://online.wsj.com/article/SB12519306 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?

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