Bernie Madoff : NO QUARTER

Category: Bernie Madoff

If My Aunt Had Balls, She’d Be Mary Schapiro »

By Larry Doyle on Jul 22, 2010 in Bernie Madoff, Economy, SEC, Sense on Cents (Larry Doyle blog) | View Comments

“If my aunt had balls, she’d be my uncle!!” I love that line. I first heard it on the trading desk at Bear Stearns in the early ’90s. For the last twenty years, I have used the line often to counter those who would bemoan an outcome with the standard, “If only . . .” [...]

Republican Senator Wants Failed Company Executives To Give Back Their Dough… »

By Anita Finlay ("Ani") on Apr 26, 2010 in Bailouts, Banking Committee Hearings, Banking Institutions, Banks, Bernie Madoff, Current Affairs, Wall Street | View Comments

ABC’s Jake Tapper covers an interesting proposition from Republican Senator Bob Corker on financial reform for Wall Street — he wants a “clawback provision” forcing failed executives who have driven companies into the red to give back their earnings for the past five years. Loving it!!! Read how Austan Goolsbee, one of Obama’s chief economic [...]

Are You “Tea Party” Angry? »

By Anita Finlay ("Ani") on Apr 10, 2010 in Bailouts, Bank Bailouts, Banking Institutions, Bernie Madoff, Bush administration, Civil Liberties, Congress (House & Senate), DNC idiocy, Economic Stimulus, Freedom of Speech, Lobbyists, Media Bias, Nancy Pelosi, National Debt, Obama Administration, Obama's Broken Promises, Obama's Budget, Race Card, Stimulus Plan, TARP, Toxic Assets, Wall Street, stimulus tax package | View Comments

Who’s afraid of a little Tea Party? Everyone, fortunately. So says Kevin O’Brien of The Cleveland Plain Dealer, who correctly points out that while Tea Partiers may lean conservative, they are filled with more anti-incumbent fever (for both sides) than anyone would care to admit: Democratic officeholders should be afraid. Republican officeholders, too. For many [...]

Harry Markopolos: “Don’t Trust Your Government” »

By Larry Doyle on Mar 2, 2010 in Bernie Madoff, Economy, FINRA, SEC, Sense on Cents (Larry Doyle blog) | View Comments

In an interview on the Today show Monday morning (video clip after the fold), Harry Markopolos dropped a few bombshells. Harry’s statement that he had purchased a gun and mentally prepared himself to kill Bernie Madoff in self-defense if need be will likely grab the most attention. It shouldn’t. Markopolos’ biggest bombshell this morning is [...]

No Quarter Radio’s Sense on Cents with Larry Doyle Welcomes Erin Arvedlund, Tonight at 8pm ET »

By Larry Doyle on Dec 18, 2009 in Bernie Madoff, Current Affairs, Economy, No Quarter Blog & Radio, NoQuarter Radio, Sense on Cents (Larry Doyle blog) | View Comments

PROMO BUMPED DOWN. You can listen to the latest Sunday night show by clicking on the icon and going to BlogTalkRadio.com. “That idiot woman from Barron’s.” Who is speaking? What ‘idiot woman?’ This quote is by none other than Bernie Madoff. His assessment is of Erin Arvedlund after she had written the first comprehensive review [...]

Kanjorski and Ackerman Undress the SEC and SIPC »

By Larry Doyle on Dec 17, 2009 in Bernie Madoff, Current Affairs, Economy, SEC, Sense on Cents (Larry Doyle blog) | View Comments

Having written about the massive regulatory failures on Wall Street for the better part of 2009, I am heartened by the House Finance Sub-Committee on Capital Markets hearing last week. The bell that tolled in this hearing deserves to ring loud, long, and clear across our great land. Rackets operate best in the dark. Well, [...]

Will Wall Street Banks be Compelled to Compensate Madoff Investors? »

By Larry Doyle on Dec 16, 2009 in Banks, Bernie Madoff, Economy, Sense on Cents (Larry Doyle blog) | View Comments

Will Congress hit Wall Street banks with a one-time assessment in order to compensate Madoff investors? Why might that happen? Very simply because SIPC (Securities Investor Protection Corporation) was woefully underfunded given the fact that SIPC member-firms, including all the large Wall Street banks, paid a token $150 (yes, that is not a misprint, a [...]

‘There’s Something About Mary’ as Madoff Calls Schapiro “a Dear Friend” »

By Larry Doyle on Nov 1, 2009 in Bernie Madoff, Current Affairs, Economy, FINRA, SEC, Sense on Cents (Larry Doyle blog) | View Comments

Did FINRA invest its own funds from its internal investment portfolio with Bernie Madoff? Would FINRA’s head Mary Schapiro invest with her “dear friend” Bernie? Stick with me on this and let’s navigate the newest development in this ongoing scam. My concluding remarks provide insights you won’t find in many mainstream media outlets. High five [...]

Is Wall Street on the Up and Up? »

By Larry Doyle on Oct 4, 2009 in Bernie Madoff, Economy, FINRA, SEC, Sense on Cents (Larry Doyle blog) | View Comments

The core of that question resides within the regulatory oversight of our financial industry. The American public is beginning to learn a lot about this financial regulatory oversight. How so? A month ago, SEC Inspector General David Kotz released a report, Investigation of Failure of the SEC to Uncover Bernard Madoff’s Ponzi Scheme (embedded here). [...]

No Quarter Radio’s Sense on Cents with Larry Doyle Welcomes Former SEC Attorney Genevievette Walker-Lightfoot, Sunday Night at 8PM »

By Larry Doyle on Oct 4, 2009 in Bernie Madoff, Economy, FINRA, NoQuarter Radio, SEC, Sense on Cents (Larry Doyle blog) | View Comments

UPDATE: This episode of No Quarter Radio’s Sense on Cents with Larry Doyle has concluded, but you can listen to an audio playback here. ******************* Please join me this evening for NQR’s Sense on Cents with Larry Doyle as we dig deeper and work harder in navigating the economic landscape. My special guest will be [...]

Mr. President, Let’s Watch Where Financial Regulatory Rubber Meets the Road »

By Larry Doyle on Sep 16, 2009 in Bernie Madoff, Economy, FINRA, SEC, Sense on Cents (Larry Doyle blog), Wall Street | View Comments

On the heels of President Obama’s speech on Wall Street at which he called for meaningful financial regulatory reform, I welcome submitting to him and the American public the following video clips. These clips are from Fox Business News “America’s Nightly Scoreboard” with David Asman on September 3rd. While President Obama and Congress may believe [...]

SEC “Botched” Madoff Inquiries – That’s A Comfort… »

By Rabble Rouser Reverend Amy on Sep 6, 2009 in Bernie Madoff, Crime, Current Affairs, SEC | View Comments

I came across this story in my daily paper Thursday, and was immediately taken by the title, first of all, but the sheer incompetence demonstrated by the SEC over a number of years, second of all. It is truly staggering. This headline is only part of the story, though SEC Botched Inquiries Into Madoff Scheme: [...]

Madoff Victims Call Out FINRA »

By Larry Doyle on Sep 3, 2009 in Bernie Madoff, Economy, SEC, Sense on Cents (Larry Doyle blog) | View Comments

Is Uncle Sam, in the form of the SEC, attempting to issue a mea culpa, mea culpa, mea maxima culpa in the bungling of the Madoff investigation and trying to conveniently turn the page? The American public learned very little with the release of the SEC Inspector General David Kotz’s review of the SEC’s failure [...]

Amerivet Complaint Against FINRA Alleges Madoff Investment »

By Larry Doyle on Aug 25, 2009 in Bernie Madoff, Current Affairs, Economy-Federal Agencies, FINRA, Sense on Cents (Larry Doyle blog) | View Comments

Note: I originally posted this piece on my blog this morning (Tuesday, August 25th) at 10:47 a.m. Shortly thereafter, the article (“FINRA Rebuffs Amerivet’s Demand to Inspect Records”) that I reference in my post was removed from the Financial Planning website. I was able, however, to get a copy of the Amerivet Securities vs. FINRA [...]

Madoff CFO, Frank DiPascali, Singing Like a Canary »

By Larry Doyle on Aug 11, 2009 in Bernie Madoff, Economy, Sense on Cents (Larry Doyle blog) | View Comments

Frank DiPascali, CFO for Bernie Madoff, is widely expected to plead guilty today. DiPascali has waived his right to be indicted by a grand jury in a sign that he is looking to cut the best deal possible. How high a pitch and how many tunes will investigators receive from the canary known as Frank [...]