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Old 06-16-2009, 02:50 PM   #1
EscortBiz
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SEC Reaches Agreement with madoff?

I mean these guys must be smokin some good shit

So hes already in prison and will never see the light of day, in addition noone would ever give him a penny even if he would come out.

Yet they make it a point to say they just reached an agreement with him

http://finance.yahoo.com/news/SEC-ac...&asset=&ccode=

WASHINGTON (AP) -- Federal regulators have reached a settlement with disgraced money manager Bernard Madoff that prohibits him from working in the securities industry.

The Securities and Exchange Commission says it accepted Madoff's settlement offer to be barred from association with any brokerage or investment firm. The deal doesn't include any monetary penalties.

Madoff has been jailed since March when he entered a guilty plea to defrauding thousands of investors who lost billions of dollars. He faces up to 150 years in prison, and is scheduled to be sentenced on June 29 in U.S. District Court in Manhattan.
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Old 06-16-2009, 02:55 PM   #2
Snake Doctor
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Maybe that's just cheaper and easier than accomplishing the same thing without making a deal with him?

Kind of like pleading guilty to a speeding ticket so that they don't have to pay the officer overtime to come to court?
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Old 06-16-2009, 03:14 PM   #3
EscortBiz
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Quote:
Originally Posted by Snake Doctor View Post
Maybe that's just cheaper and easier than accomplishing the same thing without making a deal with him?

Kind of like pleading guilty to a speeding ticket so that they don't have to pay the officer overtime to come to court?
side question: growing up in school where you the kid that regardless how fucked up the teacher was you always said "I think hes right, hes great"?

For me if the teacher was shit they where shit if they where good they where good but the fact that someone was a teacher wouldnt make me stick up for them regardless what they did?

So tell me, where you out of say the 25 students you and 5 others where the teachers pet?
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Old 06-16-2009, 03:21 PM   #4
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double post....
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Old 06-16-2009, 03:24 PM   #5
Snake Doctor
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Quote:
Originally Posted by EscortBiz View Post
side question: growing up in school where you the kid that regardless how fucked up the teacher was you always said "I think hes right, hes great"?

For me if the teacher was shit they where shit if they where good they where good but the fact that someone was a teacher wouldnt make me stick up for them regardless what they did?

So tell me, where you out of say the 25 students you and 5 others where the teachers pet?
HAH!!

I was far from teacher's pet.

Just because I don't do this fucking knee-jerk overreaction mob attitude to everything the government does, doesn't mean I'm shilling for the man.

Why do you have to assume there's something wrong with what they did, and then attack me personally for thinking that possibly there was a good reason for them doing it this way?

Get over yourself douchebag.
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Old 06-16-2009, 03:32 PM   #6
BradM
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150 years in prison for being a scamming fuck
30 DAYS in prison for murder

System = beyond fucked
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Old 06-16-2009, 03:56 PM   #7
Snake Doctor
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150 years in prison for being a scamming fuck
30 DAYS in prison for murder

System = beyond fucked
It wasn't murder you ignorant fuck.

Jesus, is every fucking thread on GFY going to be about Stallworth now?
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