Wednesday, September 21, 2011

A Message From Wall Street

After being reported today just how extensive the corruption is at the SEC, Wall Street decided to release this message to Government regulators and the gullible American investor.


  1. And here we go - U.S. Won’t Investigate Former S.E.C. Lawyer Over His Madoff Ties.

    "The Justice Department has decided not to pursue an investigation into the role played by a former top lawyer at the Securities and Exchange Commission in the calculation of payouts to victims of Bernard L. Madoff’s Ponzi scheme."

    Did anyone really think this scenario would turn out any different?

  2. SEC’s Ex-Top Lawyer to Repay $556,000 in Madoff Ponzi Funds via BusinessWeek

  3. And some in the media wonder why the American public has become so cynical about government. Anyone else smell a good enforcer being railroaded?

    According to a Bloomberg report - SEC Fires Investigator Who Alleged Ethics Lapses, Lawyer Says

    ["David Weber, a U.S. Securities and Exchange Commission internal watchdog who was put on leave after co-workers accused him of being a security threat, has been fired by the agency, his lawyer said.

    Weber, who was chief investigator in the inspector general’s office, raised allegations in March that H. David Kotz, the agency’s former inspector general, may have had personal relationships that tainted reports on the SEC’s failure to catch the Bernard Madoff and R. Allen Stanford Ponzi schemes."]