Classic moments in post-capitalism, #143

[moonwick]

From a press conference with the chairman of the SEC, Christopher Cox:

Reporter: "Can investors be confident that there aren't any other Madoff schemes out there in operation?"
Cox: "We say that a rising tide lifts all boats. When the economic tide goes out, some of the skeletons that wash up on shore are Ponzi schemes such as this one. So one of

Comments

[paradox0220]

"Bob" speaking To Cox: "What would you say..... YA DO?!"

[goulo]

Would you settle for a system that pretends to catch and punish fraud, but actually gives large sums of money to rich charlatans?

[moonwick]

I hope you're being sarcastic. :)

Madoff needs to be thrown into prison alongside the CEOs of Citigroup, Bank of America, Goldman Sachs, and alongside Hank Paulson.

They're all criminals.

[goulo]

Yes. :) I'm not a fan of these guys.

[moonwick]

On a related note, what's the general mood over in Poland about what's going on in the global economy? Has it started to sink in among the general population? Are people starting to worry about keeping their jobs?