This morning, the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises is holding a hearing to assess the alleged $50 billion investment fraud engineered by Mr. Bernard L. Madoff. This is the second in a series of hearings that will help to guide the work of the Financial Services Committee and the Capital Markets Subcommittee in the 111th Congress in undertaking the most substantial rewrite of the laws governing the U.S. financial markets since the Great Depression. Rep. Gary Ackerman questioned witnesses from the Securities and Exchange Commission.
Learn more at: http://www.speaker.gov/blog/?p=1676
Duration : 0:5:27
[youtube FOKSkaQoF_I]
July 9th, 2010 at 8:57 am
He’s out of jail …
He’s out of jail already.
July 9th, 2010 at 8:57 am
Finally, someone …
Finally, someone who speaks honestly. Now… what actions can be taken?
July 9th, 2010 at 8:57 am
@nyvingen IF YOU …
@nyvingen IF YOU INVESTED MILLIONS AND LOST IT ALL FROM MADOFF, YOU WOULD BE KISSING ACKERMAN’S ASS, BECAUSE NO ONE ELSE HAS THE BALLS TO STEP UP. YOU MY FRIEND, ARE THE JACK OF ALL ASSES.
July 9th, 2010 at 8:57 am
@REDTEAM22003 AGREED
@REDTEAM22003 AGREED
July 9th, 2010 at 8:57 am
The SEC is a major …
The SEC is a major fraud and congress should have revoked the SEC’s decision to allow the short sellers remove liquidity from the bid prices. The SEC are all being paid off to put the power into the hands of their contributers. they are a FRAUD and must be abolished before they trigger world war 3.
July 9th, 2010 at 8:57 am
@triplexxxsatyr He …
@triplexxxsatyr He is just trying to make points with voters back home. Where was he and all the rest of the Congessmen??? I think there are more criminals per capita in Congress than in the general public. What did he actually do???
July 9th, 2010 at 8:57 am
Tax payers need to …
Tax payers need to start by firing everyone in Congress. Fire everyone in the state legislatures. Fire everyone at the local level. How else can you believe that your investments are safe. We now know, at every level, no one gave a about your 401(k) retirement funds savings college funds etc.. Maybe we’re just too stupid to survive. Listen to these guys preach. What have they actually done?
July 9th, 2010 at 8:57 am
Ackerman = the man …
Ackerman = the man
just rip them all a new asshole
July 9th, 2010 at 8:57 am
This is just …
This is just extraordinary. Being a pommie, I don’t know who this Ackerman guy is, but he’s gone right up in my estimation. Brilliant, scintillating stuff.
July 9th, 2010 at 8:57 am
If You Could – You …
If You Could – You Would !!! Bernie Madoff Did !!! From : All The Guys On 17th LOL
July 9th, 2010 at 8:57 am
If You Could – You …
If You Could – You Would !!! Bernie Madoff Did !!! From : All The Guys On 17th LOL
July 9th, 2010 at 8:57 am
@redSOXnation1988 …
@redSOXnation1988 Don’t get confused between the jews and the zionists……….it is the zionists who are the sly scheming scum of humanity.
July 9th, 2010 at 8:57 am
Just listen to this …
Just listen to this jack ass,attacking this poor woman like that.Cheap theatrics.Sure the SEC was greased to look the other way but that’s just pennies in comparison with Washington,and he knows it.What’s been going on on wall street could never happened without the blessings of Washington.Wall street and Washington =one big corrupt entity that got screw the people written all over it.Hey Gary go screw yourself.
July 9th, 2010 at 8:57 am
SEC is jerking off …
SEC is jerking off to gay porn.
July 9th, 2010 at 8:57 am
I love it! He …
I love it! He treated them like spoiled brats so he spoke to them like they were spoiled brats.
July 9th, 2010 at 8:57 am
@redSOXnation1988 …
@redSOXnation1988 rot in you hateful shmuck you, rot in hell
July 9th, 2010 at 8:57 am
I can only imagine …
I can only imagine what the SEC new about Goldman Sachs and completely ignored. Oh but now they are trumping the alarms. The SEC was seduced by the free flowing money of the boom markets just as much as the large financial institutions. All of this really reveals the reality that too many people are too easily seduced by money. Large and small, educated or not.
July 9th, 2010 at 8:57 am
The little Madoff …
The little Madoff shop was allowed to stay open because it might uncover the real can of worms
July 9th, 2010 at 8:57 am
House back …
House back yesterday and I missed it! Just caught it online at lastnightstvshows (.) com
July 9th, 2010 at 8:57 am
These dip-shits …
These dip-shits that call themselves the SEC comes before a U.S. congressional hearing…. to do what? to say what? NOTHING but more SHIT!!
I’m telling you folks, as I’m writing this, I’m here wondering if these are actually the people that are tasked with protecting the investing public, not just in America, but WORLDWIDE from crooks like Madoff, and if they are, God help us!
July 9th, 2010 at 8:57 am
cmkx shareholders, …
cmkx shareholders, cmkm diamonds inc, after years of waiting for justice, have finnaly filled a lawsuit against SEC present and past chairmans and commissioners, including SEC Chairman Mary Schapiro.
You can find the report on that here on utube by Tim Barello on Alyona show.
“The S.E.Cs 3.87 trillion dollar lawsuit” TheAlyonaShow
July 9th, 2010 at 8:57 am
Everything our …
Everything our government has EVER told us is a LIE!!!
July 9th, 2010 at 8:57 am
Sometimes it’s best …
Sometimes it’s best to BE SILENT – I will say that I’m not ‘outraged’ at all – Ofcourse I speak for myself … however, if it’s hatred you want, I give you my love. PEACE. Mr. Ackermund is a truly gifted speaker. We must thank him. <3* I’m not tempted to judge any one . Thank you. – I’ll stick to music, this has nothing to do with me. Take care, everyone. Anger ‘solves’ – nothing…
July 9th, 2010 at 8:57 am
Epic!!!
Epic!!!
July 9th, 2010 at 8:57 am
Ok…I’ve taken my …
Ok…I’ve taken my anti-psychotic, have shut up, and am lying down. Now, what is wrong with what the man said? What does the Talmud really say? Enlighten us.