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 Madoff to NY magazine: Government a Ponzi scheme

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The Other One
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The Other One


Number of posts : 3675
Registration date : 2008-03-25

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PostSubject: Madoff to NY magazine: Government a Ponzi scheme   Madoff to NY magazine: Government a Ponzi scheme Icon_minitimeMon Feb 28, 2011 4:42 am

He sees himself at this stage as a kind of truth-teller. He has disdain not only for the industry but for the regulators. “The SEC,” he says, “looks terrible in this thing.” And he doesn’t see himself as the only guilty party on Wall Street. “It’s unbelievable, Goldman … no one has any criminal convictions. The whole new regulatory reform is a joke. The whole government is a Ponzi scheme.”

Be advised: Very long article, but worth reading.

The Madoff Tapes

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