Madoff's Ponzi Scheme

[saltfly]

this is going to take down more of his CREW.Personnally those involved should have all assets seized and when found guilty be EXECUTED. Life in prison is a luxury.If it was me I'd be at the pistol range practicing for the day of the verdict then.

[striperman36]

The self policing financial marketplace will take care of their own.
NOT
He get off with a light sentence at Camp Wonderland with the Enron dudes and then along with rest of them, waltz off into retirement paid for by his ex-clients.

[spence]

Again, where's the accountability?

Why are the auditors who gave sub-prime backed securities investment grade status not on the hook for their errors?

Why isn't the SEC on the hook for completely failing to smoke out this fraud? He was a registered business for christmas sake...

-spence

[Tagger]

They said on the news .This scam was suspected happening in 1999 and no investigation ,, nothing ,, Its allowed to hit the fan .

http://news.bbc.co.uk/2/hi/business/7786923.stm