Saturday, February 7, 2009

To anonymous

Not everything that happens in government is a conspiracy. Sometimes it is what it is. The point I was trying to make is this. Markopoulos brought evidence to the SEC office in Boston sometime in 2000. When he (Markopoulos) didn't get satisfaction he returned again with more evidence on Madoff's scheme. Why did the agents in the Boston office blow him off?
Because someone dropped the ball, people lives were ruined. You can rest assure the people in the SEC office in Boston and New York are trying to cover their behinds.
Was there an ego problem in Boston, that they knew better than Markopoulos and were not going to be told how to do their job? Did they say Yeah,yeah, we'll look into it and give the situation a quick look?
This Ponzi scheme was identified in 2000,but was not acted upon till 2009 when it blew up in the SEC face. Nine years (at least) of people being ruined because of incompetence by a few.

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