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Rep. Ackerman on Madoff Fraud

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Uploaded by on Feb 4, 2009

This morning, the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises is holding a hearing to assess the alleged $50 billion investment fraud engineered by Mr. Bernard L. Madoff. This is the second in a series of hearings that will help to guide the work of the Financial Services Committee and the Capital Markets Subcommittee in the 111th Congress in undertaking the most substantial rewrite of the laws governing the U.S. financial markets since the Great Depression. Rep. Gary Ackerman questioned witnesses from the Securities and Exchange Commission.
Learn more at: http://www.speaker.gov/blog/?p=1676

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  • Ackerman = the man

    just rip them all a new asshole

  • I bet the guys and gals at the SEC are really good at Solitaire....they did fuck all else.

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All Comments (617)

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  • the SEC needs to burn to the ground

  • These stupid big wigs are being paid for nothing? That amounts to theft. Imprison all of them.

  • He made them appear to look foolish. Is this more than WWF style politics? Yell at them publicly and cozy up for drinks later.

  • This guy is awesome. WOW!!!!!

  • You go Ackerman.

  • but what price did these people pay for their negligence?

    Zip

  • Ackerman for President!!

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