‘Watchdog’ Agency Settles Civil Suit With Bernie Madoff But Biggest Pyramid Scammer in History Doesn’t Have To Admit Wrongdoing
Brilliant.
After investigating Bernie Madoff — twice! — and not finding anything wrong, even though people with even less access were able to figure out his scam and publish their findings in the Wall Street Journal, the SEC settled their civil lawsuit with Bernie Madoff yesterday with the neat little twist that Madoff didn’t have to admit to any wrongdoing.
I want to meet the judge that signed off on this deal. What was that hearing like?
Judge: “Okay…let me get …read more

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Near death experience
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