"Economics of Stealing" lesson on 60 Minutes this Sunday
Courtesy of Whitmans own Harry Markopoulis whose extensive interview will be seen on the show Sunday night. I was talking with Harry a couple of days ago, and he said that he had to go to the SEC offices in N.Y.C. the other day. The SEC head of that was waiting for him in the lobby of the building to tear him a new backside until he saw the 60 mintues crew with him. Then the underachiever took off like the wuss he is.
Harry was there to give the SEC two more validatated Ponzi schemes he and his employees documented. Two more are coming out next week on top of the two he turned in the other day.
Did you know that the banks we are bailing out banks (Bank of America, for one) that have been hiding money in off-shore banks that they created just so the banks can avoid paying taxes for themselves and thier rich clients? Our new treasury secretary, Mr. Geitner, was asked at a Boston Financial Club meeting a couple of years ago about the Bank of America having/owning an off-shore bank where they hid this money, and Geitners response, as he was the key-note speaker, was that they don't have any accounts or own any banks like that because the blow to the banks reputation would cripple them. That was a few years ago. So having Geitner as Sec. of the Treasury is just more of the same at the worse possible time. He is also the person who had charge of overseeing the flow of bundled mortgages money while working at the SEC. And he doesn't pay his own taxes as we all know. So this guy seems to be complicit in the original crime and coverup, the newly discovered crimes and quite possbly the subsequent coverup, so how is this going to benefit us, the people who always paid our taxes. We are being screwed three-times over on this. I wonder exactly what he has been watching the past several years. Probably his own bottom line.
|