So What Is It You Say You Do?

by Big Lou Al Timber on September 2, 2009

unlucky

unlucky

The SEC has come out and stated the obvious.  They “missed Madoff.”  Missed him, as in, when he stole more than a BILLION fucking dollars from people, the SEC didn’t catch it. 

“The Securities and Exchange Commission overlooked “more than ample” evidence, including six complaints, that red-flagged the Bernard Madoff Ponzi scheme, an internal watchdog said Wednesday.”

I mean, overlooked might be a bit of an understatement.  Suggesting this was “overlooked” is like saying Ron Jeremy thought sex was “ok.”

“A broad review of the SEC and its efforts at tracking Madoff found a “thorough and competent investigation was never performed.”

Ok, so that being said, what is it you say your responsibility is?  What would you say you do here SEC?  If you’re not performing competent and thorough investigations, WHAT THE FUCK ARE YOU DOING!?!

WTF!

Last 5 posts by Big Lou Al Timber

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

No Comments

This website uses IntenseDebate comments, but they are not currently loaded because either your browser doesn't support JavaScript, or they didn't load fast enough.

Leave a Comment

Previous post:

Next post: