Monday, February 21, 2011

Madoff Fingers Wall Street,, Sort of

By Danny Schechter
February 21, 2011

Thank you Bernie for breaking your silence, even if you are still clinging to that cover-up mode you adopted since your guilty plea took all the blame for your crimes on yourself.

Read on.

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1 comment:

chmoore said...

RE: Mr. M believes the banks with which he did his crooked business “should have known” that his figures didn’t figure.

I have a nagging suspicion that maybe they did know, and figured that the guy willing to blatantly run a Ponzi scheme was the perfect fall guy.

'Supply and Demand' is not the only rule of economics. Another rule of what's now called Behavioral Economics, says that people will act in terms of what they believe (rightly or wrongly) is in their best interest, and one of those interests is often the motivation to win.

Mon Feb 21, 11:41:00 PM 2011

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