Comments on: Keystone Kops

By: Sassy

Sassy — Tue, 10 Mar 2009 15:45:05 +0000

LD, I haven’t followed this particular case, but during the Madoff hearing, the SEC came across as totally inept and inane.
I have seen the same type of performances from the FCC.
Nepotism and cronyism are in, while competence is passe!

By: jwrjr

jwrjr — Tue, 10 Mar 2009 14:11:18 +0000

So the SEC needed to manufacture the appearance of vindication and in the process “threw out the baby with the bath”. This gives you lots of confidence in the SEC (and anybody selected by The One), doesn’t it?

By: Elliott

Elliott — Tue, 10 Mar 2009 13:46:02 +0000

This seems to be another part of this administration’s inability to deal with anything and the public’s frustration with incompetence mixed with dithering. I had an uneasy feeling with Stanford saga that an attempt was being made to switch the public’s attention away from the biggies to a scapegoat. The longer no plan is initiated the worse it all becomes. I am sorry to say that I have this growing notion that all is being delayed to complete the heist and to keep regulators out so audits cannot begin to find the stupidity, criminality or both.