Government Stupidity - The man who tried to stop the biggest Ponzi scheme in history

Thursday, February 09, 2012




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The man who tried to stop the biggest Ponzi scheme in history

Friday, March 05, 2010
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By Daily Crux Editor Tom Washington:

Today we're passing along a great short read. It's an excerpt from Harry Markopolos' new book No One Would Listen.

Markopolos is a financial analyst and fraud accountant who risked his reputation - and his safety - to repeatedly warn the Securities and Exchange Commission that Bernie Madoff was running a Ponzi scheme. He kept at it for 9 years... yet he was ignored again and again.

It's is a fantastic read, and presents a stunning example of the incompetence and conflicts of interest that are all too common at our nation's supposed financial regulators.

Read full article...

More government stupidity:

The most terrifying government statistic you haven't heard

Introducing the "Keep your hands off my 401(k) Act of 2010"

Gov't HORROR: Unbelievable new development in the health care bill

Topics:		Government Stupidity \| Fraud \| Cruxallaneous

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