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J.P. Morgan is short more paper silver than physically exists in the world?
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<p>[QUOTE="medoraman, post: 1318112, member: 26302"]Yeah, but I sure as heck like Fatima's sentiment of throwing a bunch of the regulators out. Madoff had whistleblowers showing detailed proof to the SEC for YEARS proving Madoff was lying, and the SEC did nothing. Every single SEC official who ever was involved in that case should have been fired, and I do not think anyone got more than a slap on the wrist.</p><p><br /></p><p>Basically, I am against new laws like Sorbane's Oxley that make us uncompetitive globally, but am all for competent and effective prosecution of existing laws. These men should get thrown in the, "oh dang I am in a 6x6 cell with a violent rapist/murderer for the next 12 years" jail, not the holiday inn they stay in even if they do get jail time. The fact that a kid robbing a store for $48 gets sent to "real" jail, and someone like Madoff who stole billions and ruined thousands of people's lives get sent to a country club is disgusting to me. He really does deserved to get shanked and/or made someone's girlfriend.</p><p><br /></p><p>I know, I know, "but how do you really feel about it Chris?"[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1318112, member: 26302"]Yeah, but I sure as heck like Fatima's sentiment of throwing a bunch of the regulators out. Madoff had whistleblowers showing detailed proof to the SEC for YEARS proving Madoff was lying, and the SEC did nothing. Every single SEC official who ever was involved in that case should have been fired, and I do not think anyone got more than a slap on the wrist. Basically, I am against new laws like Sorbane's Oxley that make us uncompetitive globally, but am all for competent and effective prosecution of existing laws. These men should get thrown in the, "oh dang I am in a 6x6 cell with a violent rapist/murderer for the next 12 years" jail, not the holiday inn they stay in even if they do get jail time. The fact that a kid robbing a store for $48 gets sent to "real" jail, and someone like Madoff who stole billions and ruined thousands of people's lives get sent to a country club is disgusting to me. He really does deserved to get shanked and/or made someone's girlfriend. I know, I know, "but how do you really feel about it Chris?"[/QUOTE]
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