Perlmutter on Madoff Fraud

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.
Learn more here: http://www.speaker.gov/blog/?p=1675

Category:

News & Politics

Tags:

• Madoff
• fraud
• Ponzi
• economy
• Democrats
• Congress
• Perlmutter

[fatmoleman]

The corruption is endless in this one boys and girls.

[robert78229]

Im a struggling house painter/carpenter. My clients cant get funds from banks to improve their homes. Banks are hoarding the bailout funds but they lavish executives with bonuses & vacations. Why are we afraid to nationalize banks? What would we lose? What would we gain? The recession can be over in months if we free up the $ that belongs to us in the 1st place. Give my clients loans so they can hire me & I can work get paid & buy goods/services & contribute to the recuperation of our economy

[acmedressform]

does this guy perlmutter know what he is talking about?

[archie977]

notice how nothing says made in america on it couse we all know if it sayed that we wouldnt buy it

[senses2000]

What if, a person is set up as a fall guy for a bunch of people who will use the taxes of the people to live on.  High class welfare. You put in 1 million dollars and you take out a million dollars every year to live on. When they are discovered, they say, "It's a ponzy scheme"!!! In the end the teachers and unions and the people's money paid for this.

[bigsoundz]

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.

[TheCamperz]

There's an age-old saying about jews that sums it perfectly regarding all of the money-grabbers such as the Madoff family, Lou Pearlman, Reed Slatkin and countless other jews.

"When they are speaking, they are lying. When they are silent, they are stealing."

[jimj122680]

Maddoff is a jew... what do people expect? They are all crooks.

[nazboy4]

if u don't understand english go hang urself.

[Cyberdactyl]

I haven't a clue what you're babbling about. If you don't know english use your own language.

[nazboy4]

ook @ wat a citizen of America has done to Americans and the world market, if he was a Nigerian all of u will be washin ur dirty mouths, saying shit about Nigerians and Africa. U Americans r the one's teaching the world hw to be a fraudster, corrupt, killer, terrorist, rapist, scammer, prostitute innovating new ways to fuck and do all kind of stupid shit.

look @ urselfs now, America is the center of terrorism and evil. u guyz need prayer, change ur ways Americas.. peace out