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Crackdown on Wall Street: The Perp Walks Are Coming
- Thread starter Greg Richards
- Start date
Quote from lolatmadoffinve:
you must be out of your mind!!
white collar crime is the best paying job around. Just look at my friend Dennis Bolze. He invested 20 million of investors funds into his own bank account and is now sunning himself on the shores of western Israel.
its my bet thats where madoff's sons will be in less than 5 years.
Quote from Mvic:
So who was it?
coming. They added some stuff. Let's just say they're all household names.
up to 25 pages. But they have to set the table, so everyone can follow the stuff coming. We're getting 50,000 unique hits a month. Everyone is catching on. And stuff like Markopolus circus only helps.
Quote from flytiger:
coming. They added some stuff. Let's just say they're all household names.
up to 25 pages. But they have to set the table, so everyone can follow the stuff coming. We're getting 50,000 unique hits a month. Everyone is catching on. And stuff like Markopolus circus only helps.
You mean just like you busted up all the naked short sellers?
More like you it legalized for them via exemptions.
Quote from Anaconda:
You mean just like you busted up all the naked short sellers?
More like you it legalized for them via exemptions.
I can't understand your post.
But the new deepcapture is up, with the names:
http://www.deepcapture.com
Quote from flytiger:
I can't understand your post.
But the new deepcapture is up, with the names:
http://www.deepcapture.com
LOL,
You just don't get it. And I doubt you ever will. Maybe you like the anger & frustration.
Quote from TraderZones:
The first thing you need to do, is understand what a Black Swan is, before dismissing what you don't see.
The Black Swan theory refers to a large-impact, hard-to-predict, and rare event beyond the realm of normal expectations.
It was large-impact, beyond the realm of normal, and hard-to-predict (as if everyone knew this was going to happen 2 years ago - or as if everyone predicted what Madoff was doing - even large institutions had their money with him.)
Well aware of what it is, and again this wasn't a black swan or anything close to it.
Quote from TraderZones:
The first thing you need to do, is understand what a Black Swan is, before dismissing what you don't see.
The Black Swan theory refers to a large-impact, hard-to-predict, and rare event beyond the realm of normal expectations.
It was large-impact, beyond the realm of normal, and hard-to-predict (as if everyone knew this was going to happen 2 years ago - or as if everyone predicted what Madoff was doing - even large institutions had their money with him.)
It seems you are desparate to miss my point. The point is, it was easy to predict, and a lot of people did. I don't mean general stuff like Wall Street got its models wrong, but specific problems with assets and leverage done publicly and with documented proof.
http://www.ft.com/cms/s/0/e9381c06-f325-11dd-abe6-0000779fd2ac.html
To quote from the link above:
"Pundits trying to inflate their own bubbles of self-credit put the blame on unsound models. But such fools for randomness are a distraction from the key issue: malfeasance."
"There were no black swans or swans of any colour involved. Like Black Bart, the 19th-century Californian stage coach robber, Wall Street bankers made off with the loot without firing a shot. They were enabled by Washington overseers and financial regulators who â when not beneficiaries of the good times â behaved like ostriches."
I read the book referred to at the end about what happened to the global markets (Dear Mr. Buffett: What an Investor Learns 1,269 Miles from Wall Street) and Tavakoli demonstrates that very ably with time-stamped documentation of very specific information she raised at the time (as did others).
http://www.amazon.com/gp/product/04...&pf_rd_t=101&pf_rd_p=463383371&pf_rd_i=507846