Jailed swindler Bernie Madoff said it was "amazing" that he didn't get caught sooner in his multi-billion-dollar Ponzi scheme, and that everything the SEC did to investigate him prior to 2006 was a waste of time, according to a jailhouse interview he gave to SEC Inspector General H. David Kotz.Gee, a lot of people are thinking that.Madoff also told Kotz that SEC Chairwoman Mary Schapiro was a "dear friend," although she "probably thinks, 'I wish I never knew this guy.'"
Madoff says that in multiple encounters with SEC investigators over the years, he never had to tell them about his role in the industry because "they already knew."And the best part is, the Obama watchdogs are still letting them get away with it. There are frauds out there that make Bernie's billions look like chump change, but there's even less we'll ever be able to do about it.The Inspector General's report, released in early September, found multiple lapses at the SEC, but said there was no evidence of improper influence by Madoff.
Noam Chomsky, the world’s leading dissident intellectual, has warned the grievances exploited by far-right extremists need to be taken seriously by their left-wing opponents.
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Speaking at the annual Amnesty International lecture in Belfast, Professor Chomsky noted: “There is now a mass of people with real grievances who want answers and are not receiving them. A common reaction in elite educated circles and much of the left is to ridicule the right-wing protesters, but that is a serious error.
Dr Chomsky said history had shown it was a grave mistake not to answer the calls of people mired in poverty, who are susceptible to the argument that rich liberals are giving their money to illegal immigrants and the shiftless poor.