Now consider this before reading the Zionist cover-up garbage.
"In other words the SEC, embarrassed by having let Bernie get away with a $50 billion swindle, has cut him a deal so sweet he will go along with it just so the story goes away.
Now, neither Bernie nor his attorneys would agree to a settlement without knowing what that settlement will be, so this bit about "to be decided at a later time" means that the SEC does not want YOU to know the sweet deal Bernie got." -- Wake the Flock Up
Related: Madoff Case to be Dismissed
U.S. Government Knew About Madoff Scheme Since 1960
"SEC, Madoff agree on partial settlement of civil fraud case; Criminal charges far from resolved" by Associated Press | February 10, 2009
Wanna see what a Jewish turd looks like?
Bernard Madoff leaves federal court on Jan. 14. He is currently confined to his Manhattan penthouse under arrest, accused of bilking investors of $50 billion. (Mario Tama/ Getty Images)
WASHINGTON - The Securities and Exchange Commission yesterday disclosed an agreement with disgraced money manager Bernard Madoff that could eventually force him to pay a civil fine and return money raised from investors....
Federal prosecutors have asked a judge to revoke bail for Madoff, who has been confined to his Manhattan penthouse under house arrest. Madoff, who has not been indicted, is widely expected to eventually enter into a criminal deal with prosecutors in which he would plead guilty in exchange for leniency.
F*** THAT!! I think he should be castrated then guillotined!!!!
The Chinese Solution to Wall Street's Woes
The Indian Solution to Wall Street's Woes
No Bailout ! "They Will Kill You!
Then let us EAT 'EM!!!!!!!!!!!!!!!!!!!!!!!!The SEC said Madoff agreed to the partial judgment without admitting or denying the allegations in its civil complaint filed on Dec. 11. However, the agreement says Madoff cannot contest the "facts" of the complaint for the purposes of determining his obligation to pay civil fines and restitution - which will be specified later.
See lead comments to this post please.
The SEC says the basic facts of the complaint are that Madoff committed a $50 billion fraud and told his sons his investment business was a sham. Madoff told them he had "absolutely nothing," that "it's all just one big lie," and was "basically, a giant Ponzi scheme," according to the complaint.
And it's all going to go away!
Madoff's defense attorney, Ira Sorkin, said only that his client's agreement with the SEC "is a civil matter . . . [that has] nothing to do with the criminal matter at all." He declined further comment.
The fallout from the Madoff affair has been massive and has rocked a Wall Street already churning from the financial crisis. Thousands of victims who lost money investing with Madoff have been identified - including ordinary people and Hollywood celebrities - as well as big hedge funds, international banks, and charities in the United States, Europe, and Asia.
The scandal also has brought disgrace to the SEC, which repeatedly ignored credible allegations about Madoff's operations brought to it over the course of a decade. Congress and the agency's inspector general are investigating what caused the regulatory failure over Madoff and why SEC inspections failed to detect the alleged improprieties.Yeah, and WE NOW KNOW WHY THEY DID!!!!
--more--"
And like rats deserting a you-know-what!
"Top SEC official quits after hearing" by Associated Press | February 10, 2009
WASHINGTON - The top cop at the Securities and Exchange Commission is leaving the government less than a week after receiving an angry dressing-down before Congress over the agency's failure to detect a massive alleged fraud scheme.
The SEC said yesterday that Linda Thomsen is leaving to pursue opportunities in the private sector....
Yeah, nothing like being rewarded for assisting in the biggest heist of loot in world history (save for the government bailout of banks).
Thomsen became a lightning rod for criticism over the SEC's failure to detect the $50 billion Ponzi scheme allegedly run by money manager Bernard Madoff, despite red flags raised to the agency staff by outsiders over the course of a decade.... Thomsen, who was the first woman to hold the chief enforcement job at the SEC, led the SEC investigation of Enron Corp.
Oh, THAT EXPLAINS EVERYTHING!
--more --"
