Rep. Ackerman on Madoff Fraud
Posted by admin | Posted in Insurance Videos | Posted on 26-07-2010-05-2008
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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 US financial markets since the Great Depression. Rep. Gary Ackerman questioned witnesses from the Securities and Exchange Commission. Learn more at: www.speaker.gov

He’s out of jail already.
Finally, someone who speaks honestly. Now… what actions can be taken?
@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.
@REDTEAM22003 AGREED
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.
@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???
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 damn 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?
Ackerman = the man
just rip them all a new asshole
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.
If You Could - You Would !!! Bernie Madoff Did !!! From : All The Guys On 17th LOL
If You Could - You Would !!! Bernie Madoff Did !!! From : All The Guys On 17th LOL
@redSOXnation1988 Don’t get confused between the jews and the zionists……….it is the zionists who are the sly scheming scum of humanity.
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.
SEC is jerking off to gay porn.
I love it! He treated them like spoiled brats so he spoke to them like they were spoiled brats.
@redSOXnation1988 rot in hell you hateful shmuck you, rot in hell
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.
The little Madoff shop was allowed to stay open because it might uncover the real can of worms
House back yesterday and I missed it! Just caught it online at lastnightstvshows (.) com
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!
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
Everything our government has EVER told us is a LIE!!!
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…
Epic!!!
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.