Madoff/SEC: Bush Holdovers Stonewall Financial Services Committee Investigation
Harry Markopolos testified before the House Financial subcommittee that his warnings as early as 2000 and on four subsequent occasions to the Securities and Exchange Commission about Bernie Madoff’s fraud went unheeded, despite his having given them evidence. They could have confirmed as easily as asking Madoff for trade certificates to prove that he was actually making the trades he was representing to his clients – and discovering that he didn’t have any. Markopolos said of the SEC …
Tagged with: ackerman • andy • bernie • bullshit • bush • committee • executive • financial • fraud • gary • harry • investigation • madoff • markopolos • privilege • Services • stonewall • vollmer
Like this post? Subscribe to my RSS feed and get loads more!

they ARE NOT inept. They are CRIMINAL!
Jesus people! Cant you see when you’ve been scammed??!!
Hold her for contempt.
Scum, lock them all up. Lies, Lies, Lies. You can’t believe anything from the Government or Media.
Shouldn’t they be in a holding cell
Should the people hold out there wages I think so put the biz out of Biz. We can rebuild the Republic
I’ve never witnessed anything so disgusting in a Congressional hearing. This is just over the top. Scum, as one person said. These people are scum.
Fuck the SEC and the Government!!!!
Shouldn’t these people be in Prison
“i am profoundly sorry that you feel that way” wtf?
Andy vollmer looks like he comes from a long line of inbreeding
That guy Vollmer is full of it. In another segment of this hearing, Ackerman goes off on Vollmer again and the cameraman behind Vollmer’s right shoulder is just cracking up.
Seriously, how do these people keep their jobs?
They got those jobs under Bush, who gave them instructions to not do what they were supposed to do. The Bush administration being diligent in their duty to monitor and regulate the financial sector…Are you kidding? That’s the LAST thing they intended to do. Vollmer and the other clowns now have to defend that. They should have resigned on Jan 20th, with the rest of the fucking Bush administration scoundrels that had the good sense to resign that day. Now they’ll become the face of corruption.
because they are criminals,and the people who own them are bigger criminals
hahahaha ackerman owned all of those fucking idiots. they wanna save themselves by not answering.
SEC is screwed
the SEC web page intro –
The mission of the U.S. Securities and Exchange Commission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.
Thank You , Rep Ackerman.
The SEC people have act like a bunch of idiots. I think the heads of the SEC are involved in the Madoff racket and all should be charged with RICO, yes I am a big fan of stripping these thieves of every thing they have stolen.
SEC=Operation Ignore!
i hope the new attorney general puts them all in jail
No kidding, these idiots should be run out of town on a rail. Tarred and feathered.
Great! Madoff forever! That is really great millionaires lose a lot of Money, lets get live to this revolutionary person that become from the Che Guevera people who lost millions were the most rich and powerful mans in the world; it only affects the richest ones and not the poors like always happen, I am with you Madoff!!
And here’s the bad news ;Mister madoff that thing you’re sucking on? It’s not a piña colada!
It is a black dick
vollmer is an idiot
This is actually entertaining to watch, having Mr. Ackerman have these guys look like idiots!
corruption runs rampant in the U.S. government…..
Congress is a fraud–they’re using distracting theatrics to cover themselves. Madoff was a card carrying member of the Zionist lobby. Let’s see some acountability regarding AIPAC spying, the Kosher Tax, and Zionist lobby groups bribing politicians — that will answer the Madoff questions and others. Pelosi and Harman should also be investigated.
Every youtuber should look into these issues — my comment is only intended to get you to look into it for yourself.