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Madoff trustee: No securities bought for customers in 13 years
MarketWatch ^
| Feb. 20, 2009 11:44 a.m. EST
| MarketWatch
Posted on 02/20/2009 10:27:09 AM PST by Ernest_at_the_Beach
click here to read article
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To: rabscuttle385
Should have called it Seinfeld Investments - they invest in nothing.
41
posted on
02/20/2009 10:59:15 PM PST
by
Ken H
To: Star Traveler
“It makes one wonder how much of the *entire financial system* is actually “smoke and mirrors””
Read up on the Federal Reserve.
42
posted on
02/21/2009 2:15:04 AM PST
by
SecAmndmt
(Arm yourselves!)
To: rabscuttle385
I still want to know who was getting the “18%” returns and who was getting the “5%” returns. Since it was all made up - who benefited the most? My bet? Spielberg the multimillionaire was getting his money doubled every 4 years...
43
posted on
02/21/2009 9:13:44 AM PST
by
GOPJ
(.The MSM will trumpet every hard luck story that puts Santelli in his place. Pray for Santelli...)
To: Alberta's Child; nickcarraway; Ernest_at_the_Beach
And not just Madoff.
US government has questions to answer
Sir Allen Stanford's alleged multi-billion dollar fraud has left the US government with "questions to answer," Democrat Congressman [Domestic Policy Subcommittee Chairman] Dennis Kucinich has said.
"We cannot let this thing slide ... until we find out how long the government knew about it, what was known, when was it known and why was the SEC told to stand down in its investigation, apparently by another federal agency."
44
posted on
02/21/2009 12:30:05 PM PST
by
lainie
(The US congress is full to the brim of absolutely disgusting thieves who deserve humiliating ouster.)
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