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Old 02-07-2009, 08:56 PM   #37
sugarpop
Professor
 
Join Date: Nov 2008
Location: the edge of the abyss
Posts: 1,947
Did anyone catch the hearings with Harry Markopolos? He's the man who tried, for YEARS, to get the SEC to do something about Madoff. He gave pretty scathing testimony about how inept they are earlier this week.

I hope we get some sensible regulations on business again. I have a feeling that a LOT of people will going to prison over the next few years, for fraud, or not doing their jobs (of providing oversight), or causing the collapse of the entire world economy.
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