Financial Services Committee hearing on Madoff December 9 2009 Part 1

This is part (unedited) of the House Committee Financial Services Capital Markets, Insurance, and Government Sponsored Enterprises hearing on the Madoff fraud held on December 9, 2009. The total hearing ran 3 hours 20 minutes.

The clips are numbered and you can find all of the segments by navigating back to my UTube channel.

Witnesses testified about refusal of Wall Street's SIPC to pay insurance claims to the majority of the victims of the failures of the Securities and Exchange Commission to detect the fraud, on the eve of the massive and unprecedented federal bailout of Wall Street and the US banking system.


Speaker List

Green, Joel
General Counsel Upsher-Smith Laboratories
Pension Fund Investor

Lancette, Gregory
Business Manager Plumbers and Steamfitters Union-Local 126

Leveton, Pete
Co-Chairman Agile Funds-Investor Committee

Ackerman, Gary
U.S. Representative
New York (Democratic)

Chaitman, Helen
Legal Adviser Madoff Coalition for Investor Protection
& Madoff Investor

Coffee, John
Professor Columbia University-Law School

Conley, Michael
Deputy Solicitor, Securities and Exchange Commission

Ellison, Keith (Democratic) U.S. Representative
Minnesota

Garrett, Scott U.S. Representative
New Jersey (Republican)

Harbeck, Stephen
President Securities Investor Protection Corporation

Kanjorski, Paul U.S. Representative
Pennsylvania (Democratic)

King, Peter
U.S. Representative
New York (Republican)

Klein, Ron U.S. Representative
Florida (Democratic)

Langford, Jeannene
Madoff Investor

Maffei, Daniel U.S. Representative
New York (Democratic)

McCarthy, Carolyn U.S. Representative
New York (Democratic)

Perlmutter, Edwin U.S. Representative
Colorado (Democratic)

Posey, Bill U.S. Representative
Florida (Republican)

Speier, Karen Lorraine U.S. Representative
California (Democratic)

Category:

News & Politics

Tags:

• SEC
• FINRA
• failure
• SIPC
• insurance
• fraud