My favorite quote of the day: "You couldn't find your backside with two hands if the lights were on!"
This quote was by Rep. Gary Ackerman (D-NY) to the SEC panel that was there to get drubbed for not realizing sooner that Madoff was committing fraud. He was especially incensed because the first witness in the hearing was Harry Markopoulos, a whistleblower who contacted the SEC several times over the past 9 years letting them know that Madoff was committing fraud. Markopoulos provided them with all sorts of numbers, and statements showing how he knew that Madoff was lying. But they never listened. Markopoulos himself was quite entertaining to watch testify...full of witty repartee!
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment