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Author Topic: Madoff: Regulators ignored Jewish Red Flags

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Madoff: Regulators ignored Jewish Red Flags
« on: 02 September 2009 at 23:07 »
Quote
US regulators missed "numerous" red flags that may have led to Bernard Madoff's $US65 billion ($77 billion) Ponzi scheme and never did a "thorough and competent" probe despite complaints dating to 1992, a federal watchdog has concluded.


Article:
http://www.news.com.au/adelaidenow/story/0,22606,26020279-5005962,00.html
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Re: Madoff: Regulators ignored Jewish Red Flags
« Reply #1 on: 05 September 2009 at 22:54 »
Quote
Former Chairmen Christopher Cox, William Donaldson and Arthur Levitt, former director of enforcement Linda Thomsen and former director of examinations and compliance, Lori Richards, were "generally unaware" of the SEC's probes of Madoff, according to the 457-page report.

And while SEC Inspector General David Kotz found these top officials did not act inappropriately, he said Madoff used his stature in the financial industry and mentioned the names of prominent SEC officials to intimidate agency staffers.

In the report summary, Mr Kotz accused the regulator of never conducting a competent probe of Madoff despite complaints dating back to 1992.

http://www.news.com.au/adelaidenow/story/0,22606,26029924-5005962,00.html
Noli Nothis Permittere Te Terere
The only way to prevent 1984 is 2323

Reverend Cailen Cambeul, P.M.E.
Church Administrator, Creativity Alliance
Church of Creativity South Australia
Box 420, Oaklands Park, SA, Australia, 5046

Email: Admin@creativityalliance.com
Business: https://CreativeITworld.com | Cailen@creativeitworld.com
https://www.bitchute.com/channel/CreativityAlliance

Creator Flags, the Holybooks of Creativity, Shirts & More ...
See https://CreativityStorefront.com


"In the beginning of a change, the patriot is a scarce man, brave, hated, and scorned. When his cause succeeds, the timid join him, for then it costs nothing to be a patriot." Mark Twain.


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Re: Madoff: Regulators ignored Jewish Red Flags
« Reply #2 on: 07 September 2009 at 15:39 »
Ah well, ya win some and ya lose some.  Better luck next time, eh, JOGFEDZOGGOV regulators?

Some days the bear gets you...