Saturday, March 21, 2009

Bad Guys

<-- That cartoon has nothing to do with the following two paragraphs from a Financial Times story today. Nor is it timely.


"US federal regulators have warned of a “rampant Ponzimonium” as they disclosed they are investigating “hundreds” of possible scams in the aftermath of the $50bn fraud allegedly perpetrated by Bernard Madoff.

Bart Chilton, a commissioner at the Commodities Futures Trading Commission, the US regulator, said the watchdog was “seeing more of these scams than ever before” in commodities and other futures markets."

is an unprecedented level of shock, awe and outrage right now. Let's please get the bad guys off the streets so we have some hope of getting back to business.

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