Every 2,400 page bill that comes from this administration has cute little surprises tucked into them. The Financial Reform Act is no exception. The SEC no longer has to provide any information that was previously required by the Freedom of Information Act. Remember the big campaign promises about more transparency? Forget that. Remember the trumpeting Read the full article…
These are the best architects of Ponzi schemes. Madoff is a piker. FDR started the trend with social security. Remember a Ponzi scheme is based on the FIFO inventory model. I’m sure the early investors with Madoff got their money back. Not the principal, but the total investment. With guaranteed 10% a year returns, if Read the full article…