Aguirre on SEC - More Madoffs to come

Quote from flytiger:

I can understand you're thinking it's the same old ballgame. But Cox has a serious chance of being indicted.


Nah. Some hedgies and naked shorters will get burned because they attacked the big Wall Street banks and I-banks.

The rest have Obama in their pocket.

It is still the rule of the powerful.
 
http://www.thesipa.com/blog/?p=92


aguire was trying to stop the hedge fudn madness before...but in reality, the new SEC com. should be

1) from law enforcement or an AG

2) be prohibited from working in the securities industry for 3 years upon leaving office


BTW you do realize the current head of FINRA makes 4 million + per year???
 
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