Archive for February, 2009

And You Thought 800 Billion Was a Lot of Dough…

09 Feb

Holy Toledo Ohio If you keep track of the news through Bloomberg you might have caught this headline: “U.S. Taxpayers Risk $9.7 Trillion on Bailout Programs (Update1)” In the article Bloomberg reporters disclose how they are tracking the funds laid out by the Federal Reserve (mostly from the New York Fed from which the new [...]

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This Madoff WhistleBlower Says it All on CNN Money

06 Feb

A fraud investigator told Congress that he’d warned the agency about Madoff’s Ponzi scheme years ago. But his efforts went nowhere. You don’t have to read much further than this article to understand the depth and breadth of the corruption and fraud which has overtaken our country – let’s hope the new administration has the [...]