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Reply #2: Well, it was very important to make an example of Martha Stewart. [View All]

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No Elephants Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-16-13 06:34 AM
Response to Reply #1
2. Well, it was very important to make an example of Martha Stewart.
Why, I have no idea. But, clearly, it was more important than stopping Bernie Madoff. One trader alone went to the SEC three times about Madoff because his customers and employers were complaining that he was not producing the results that Madoff was producing. He said he explained to them exactly what Madoff was doing and how he was doing it. But the SEC could not seem to find any wrongdoing.

After all, how can we expect regulators in this millenium to see through a Ponzi scheme? That's so 20th century!
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