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Comment by Ron Cesek on March 12, 2009 at 7:24pm

Jail Time for Ruth?



Doesn't look like she would hold up very well . .

Comment by Ron Cesek on March 12, 2009 at 5:47pm

Madoff Pleads Guilty to Ponzi Scheme

After admitting to details of a huge fraud, disgraced financier Bernard Madoff is jailed until sentencing

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Comment by Ron Cesek on February 7, 2009 at 11:05am

We need to get President Obama to appoint Harry to replace "helicopter ben". Our banks and the credit bureau's are the real enemy of the American people. It's why a house built for $5000 dollars in 1948 is now supposedly worth $110,000. and your phoney ass credit score agencies have us all paying usury . .

Comment by pstamant on February 6, 2009 at 3:09pm

Everyone who helped Madoff, and I'm sure there are many, should be held accountable. I listened to the Markopolos testimony on the radio. He dragged the SEC, NASD and FINRA through the mud. He was brilliant.

Comment by Ron Cesek on February 6, 2009 at 12:10pm

Hey James

It's what I do, watch video's about stuff. I found a site yesterday putting video's on the web that are phoney. I called him on it and he said "prove it ". Bad voice overs he says are sync problems. The voice isn't the same . . and I read lips

Comment by truth on February 5, 2009 at 9:02pm

David Sirota on yesterday's hearing about Bernie Madoff:

At a contentious Financial Services Committee hearing today about the failure of the Securities and Exchange Commission to prevent the Bernie Madoff scandal, the SEC's General Counsel cited executive privilege as reason that he and the SEC's enforcement branch were refusing to answer congressional inquiries. You can watch the video here - the executive privilege issue comes at about 5 minutes and 15 seconds into the clip.

As you'll see, SEC officials refuse to answer the committee's basic questions about the Madoff scandal, and the agency's acting general counsel, Andy Vollmer (a Bush holdover and maxed-out donor to John McCain's presidential c...) explicitly cites executive privilege as his legal rationale for refusing to provide basic information to federal lawmakers.

Congress has a constitutional obligation to engage in basic fact finding, both in order to legislate reforms at the SEC and to publicly expose how our economy was destroyed by sharks like Madoff. Now, Bush holdovers at the SEC are using executive powers - powers that are now President Obama's - to prevent Democratic lawmakers from doing their job.