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Madoff Sentencing Only the Beginning »

By Larry Doyle on Jun 30, 2009 in Bernie Madoff, Economy, Sense on Cents (Larry Doyle blog) | 17 Comments

Having received the maximum 150 years in prison, Bernie Madoff now knows how he will ‘exist’ for the balance of his ‘life.’ Today does not represent the end of the pursuit of justice in this massive fraud, but truly the beginning. Victims of crime typically look for justice in two forms: restitution and justice “for [...]

Low Tide Will Reveal Rats Scurrying Amidst The Garbage »

By Larry Doyle on Apr 29, 2009 in Bernie Madoff, Economy, FINRA, SEC, Sense on Cents (Larry Doyle blog) | 6 Comments

Every exterminator will tell you that he never finds just one rat. Bernie Madoff has been exposed as an enormous rodent. Is Allen Stanford also a rat? Who else may be in the pack? Mary Schapiro, head of the SEC, revealed yesterday that the SEC is reviewing 150 other hedge funds to determine whether they [...]

No Justice!! No Confidence!! »

By Larry Doyle on Mar 10, 2009 in American Consumers, Bernie Madoff, Current Affairs, Economy, Sense on Cents (Larry Doyle blog), Wall Street | 42 Comments

All indications point to a plea deal this week with Bernie Madoff. In my opinion, Bernie Madoff seems to have been treated with kid gloves to this point. House arrest for a purported crime of this magnitude defies logic. One can only assume the government

I’m No Economist »

By Rabble Rouser Reverend Amy on Feb 26, 2009 in Banking Committee Hearings, Banking Institutions, Barack Obama, Ben Bernanke, Bernie Mac Scandal, Bernie Madoff, Christopher Dodd, Congress (House & Senate), Democrats, Earmarks, Economic Stimulus, Economy, Franklin Raines, Hoodwinking, Nancy Pelosi | 48 Comments

But Paul Krugman is. And he had this to say about the team Obama has put together to deal with the economy: All the President’s Zombies. Nice title, eh? Pretty much sums it up, but Mr. Krugman does go on to explain: Ben Bernanke’s testimony over the past two days gives us our best clue [...]

Larry Doyle’s Central Station »

By Larry Doyle on Feb 21, 2009 in American Consumers, Bank Nationalization, Banking Institutions, Bernie Madoff, Congress (House & Senate), Credit Card Companies, Current Affairs, Earmarks, Economic Stimulus, Economy, Tax stimulus package, Wall Street, Workers | 59 Comments

With the market making new lows for the year, global economies showing increasing signs of distress, and new programs emanating from Washington, where does one find some sanity around here?? We’ll be departing from “LD’s Central Station” on Saturday at 9:00 am EST until 12 noon to attempt to put some clarity into this madness!! [...]

Cheaters Never Win »

By Larry Doyle on Feb 13, 2009 in Barack Obama, Bernie Madoff, Current Affairs, Economic Stimulus, Economy, Tim Geithner | 59 Comments

While our country has had high profile cheats such as Bernie Madoff, Barry Bonds, and the crowd from Enron amongst MANY others, we have other cheats permeating our lives every day. Tim Geithner offered that “he screwed up” on his taxes and Alex Rodriguez claimed that he was young and naive from 2001-2003 when he [...]

The Other Cost of Greed »

By Pat Racimora on Feb 10, 2009 in Bernie Madoff, Campaign promises, Current Affairs, Housing & Housing Crisis | 74 Comments

The media focus is almost entirely on the quantifiable costs of the financial meltdown—shrinking investments, foreclosed homes, repossesed automobiles, lost jobs, and too little cash to pay for needed food and tangible things. We don’t talk enough about the emotional costs of what is going on. Stress, worry, feelings of helplessness, fear of loss, and [...]

What Could Possibly Be Wrong With These Earmarks? »

By Rabble Rouser Reverend Amy on Feb 6, 2009 in Barack Obama, Bernie Madoff, Current Affairs, Democrats, Economic Stimulus, Economy, Homeland Security, Republicans, Tax stimulus package | 211 Comments

We keep hearing about the almost $1 TRILLION dollar “stimulus” package put forth by Obama and the Democratic leadership. And we keep hearing that a number of Republicans are pretty upset about some of the “pork” put in there. Well, the Republicans have put out a list of some of the more egregious (according to [...]

[Updates] Riveting Testimony by a Great American, Harry Markopolos!!! »

By Larry Doyle on Feb 5, 2009 in American Consumers, Bernie Madoff, Current Affairs, Economy | 77 Comments

(bumped up from early Wednesday morning . UPDATED with 3 videos) UPDATE: FULL TESTIMONY via YouTube BELOW: 1) MSNBC REPORT, 2) A.P. Video Report — both for quick summaries if you can’t watch the full testimony above — and 3) my original story on the testimony:

I’m live-blogging the Madoff hearing – join me: »

By Larry Doyle on Feb 4, 2009 in American Consumers, Banking Committee Hearings, Bernie Madoff, Economy | 26 Comments

You can listen / watch live on C-Span 3 — use C-Span 3′s direct link — or CNN. The hearing is ongoing now via C-Span 3.

Larry Doyle’s (LD’s)Dollars and Sense “Central Station” »

By Larry Doyle on Jan 17, 2009 in American Consumers, Auto Industry, Banking Institutions, Bernie Madoff, Credit Card Companies, Current Affairs, Earmarks, Economic Stimulus, Economy, Infrastructure, Insurance Policies & Industry, Real Estate, Retail Businesses | 38 Comments

The station is filling up as the weather outside is getting very blustery. The markets and economy remain turbulent. Economies overseas are also in the midst of stormy weather. Banks are flooded with bad loans. The auto industry is praying for an Obama lifeline! Residential housing and commercial real estate continue to take on water. [...]

Greedy Person of the Year (2008) »

By Pat Racimora on Dec 27, 2008 in Bernie Madoff, Corruption, Current Affairs | 44 Comments

It’s time for all of those “Something-er-other of the Year” awards. So, after all we have been through in 2008, I want to propose the Greedy Person of the Year. Don’t get me wrong. I admire ambitious people who want to make money by earning it through honest means. What I despise are those who [...]

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