crossingwallstreet.com - 4/16/2009
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I hope to be credited as the person who started this. More people are going to realize that Mr. Black Swan/Napoleon Dynamite has no idea what he's talking about:
Private-equity firms and the stock market share characteristics of Ponzi schemes, “Black Swan” author Nassim Nicholas Taleb ...
Take My Wife - But Leave Her Assets
dealbook.blogs.nytimes.com 3/5/2009 — Peter J. Henning, a professor at Wayne State Law School, occasionally writes as a guest blogger for The Deal Professor. Mr. Henning specializes in issues related to white-collar crime and is a former editor of the White Collar Crime Law Prof ...
Madoff Had Accomplices: His Victims
dealbook.blogs.nytimes.com 3/16/2009 — Tempers certainly ran hot on Thursday, as victims descended upon the federal courthouse in Manhattan to hear Bernard L. Madoff plead guilty to the biggest Ponzi scheme in history.
Many of the victims wanted help, and in some cases close to full ...
Ponzi du Jour and 'Ponzi-Palooza' From C.F.T.C.
dealbook.blogs.nytimes.com 3/2/2009 — Friday's suspected Ponzi scheme comes courtesy of the Commodity Futures Trading Commission, where a top official says that so many people are sending in tips that "there's a Ponzi-palooza out there."
The C.F.T.C. accused the owner of an unregistered ...
Madoff's Future: Where the Case Is Likely to Go
dealbook.blogs.nytimes.com 3/13/2009 — Peter J. Henning, a professor at Wayne State Law School, occasionally writes as a guest blogger for the Deal Professor. Mr. Henning specializes in issues related to white-collar crime and is a former editor of the White Collar Crime Law Prof ...
What Madoff could learn from Ponzi's legal trials - Jan. 13, 2009
money.cnn.com 1/13/2009 — (Fortune) -- Bernard Madoff seems once again to be borrowing from the Charles Ponzi playbook, in this case the final chapter. If so, he should be sure to read the fine print. Federal prosecutors acknowledged in court documents this week that Madoff's ...
On protectionism c. 1909
divisionoflabour.com 6/15/2009 — The June 15, 1909 NYT prints an editorial focusing on how protectionism, specifically the tariff, harms the "little guy":It does not seem right that we should make the wage earner bear the expense of the Government by paying him larger wages and then ...
How a Blog Might Have Stopped Madoff
exchanges.nyse.com 2/4/2009 — Perhaps the biggest irony of the Bernard Madoff case is that Harry Markopolos, the investor-turned-investigator who for years warned other investors and the Securities and Exchange Commission that Mr. Madoff was running a Ponzi scheme, today is ...
More Debt Won’t Rescue The Great American Ponzi
optionarmageddon.ml-implode.com 3/9/2009 —
[Reader note: recently Yves Smith asked me to contribute to her blog Naked Capitalism. I hope to generate a post a week that will be simul-published on NC and OA. This is the first installment.]
Policy-makers not only misunderstand the ...
Wave of “Anti-Ponzi” Legislation May be Coming
securitiesdocket.com 3/5/2009 — Several states and Congress are considering new legislation as part of an effort to prevent future Ponzi schemes. The National Law Journal reports that Florida and Connecticut lawmakers have both proposed legislation in this area, and that the U.S. Congress has, as well.
In Florida, ...
Lessons for the S.E.C. From the Madoff Debacle
dealbook.blogs.nytimes.com 9/11/2009 — After reading Friday's full report on how the Securities and Exchange Commission missed the Madoff fraud, Peter Henning, a law professor who once worked in the commission's enforcement division, drew up a list of lessons from the debacle.