Ackerman Scolds SEC for Not Stopping Bernie Madoff Scheme Despite Being Told About It 10yrs Ago

Despite whistle blower, Harry Markopolos who leaked information to the SEC about Barry Madoff's ponzi scheme 10 years ago, the SEC never conducted an investigation. Clips from the Capital Hill hearings with the SEC where Congressman Ackerman rips the SEC reps a new one.

Category:

News & Politics

Tags:

• SEC
• Congressman
• Gary
• Ackerman
• New
• York
• Bernard
• Madoff
• Whistle
• Blower
• Ponzi
• Scheme
• Harry
• Markopolos
• Andrew
• Vollmer

[HipHopShinigami]

"your value to us is useless"

"your value to the American people is worthless."

"your contribution to this proceeding is 0"

LMAO!

[zorbazig]

We would need many other Ackermanns and many other Harry Markopolos in many different parts of the world !!!

[fcdrre1]

@dondiego786 no its the jews. regardless of what you think of me, its them. theyre the enemy

[dondiego786]

@fcdrre1 No, but why don't you do a reenacment and put yourself in a Gas Chamber so we never have to hear your racist rants.Racists & Bigots have underdeveloped minds like jungle animals.Perhaps you need to live in a forest walking on all fours.

Todays society has no place for your ilk.Tolerance, Empathy&Intelligence are what people should strive for Not Bigotry and Racism and Hatred, you are obviously underdeveloped mentally,perhaps grazing in a field is a better use of your time than youtube.

[dondiego786]

Noone at the SEC should have a job right now. There should have been some kind of executive mandate calling for the Forfeiture of thier jobs due to Administrative and Investigative Incompetence, Corruption and Hindering Congresses Investigation. How the F@$% is Barry Bonds guilty of obstruction and SEC hasn't even been on Trail, they just got SCOLDED by ACKERMAN, but where is the REAL trail, like they had against Bonds and are attempting to have against Clemens.Sports is Bull@#$#, MADOFF is REAL

[dondiego786]

What is Congress power in holding Trials or investigations of Fraud and Corruption at the SEC, FREDDIE MACK and FANNIE MAE,It is clear that White Collar Crime Pays. Becuase Federal Prison is just like a Retirement Community its not a prison and Bernie Madoff is using the System(His Incarceration) to hide from the Crime Families in Russia and Columbia that he stole from He should have been told if he did not reveal where all of the money is, that he would be extradited to Columbia or Russia

[dondiego786]

Instead of Preciding over Steroids in Baseball Congress should have had there foot on the necks of the SEC long ago. Now the 50 Billion Dollar question is: Will Congress dismantle the SEC or investigate the SEC for "Investigative Incompetence" and/ or Fraud for willfully ignoring the Bernie Madoff Ponzi schemes while collecting thier paycheck and failing to actually do the job for which they are assigned.The SEC, is just as corrupt as Madoff. So when is the corruption trial for the SEC.

[fcdrre1]

see why hitler killed the jews?

[prospectnyc]

"We thought the enemy was Mr. Madoff. I think it's you"

[mxjane]

Hopefully, Madoff ($50,000,000,000) gets the same judge that Martha Stewart got for her $45,000 gain. 5 months for 45K equals 463 thousand years in prison for Madoff.

[beks1307]

smart ass