2late:
I caught Donald Trump in an interview with Fox News this morning. He said Madoff a few years back had asked him why he didn't invest some of his money with him. The Donald responded, "no thanks, I can lose my own money just as easily". How prophetic and wise. The Donald rules.
It is a shame that certain people within the DTCC and the SEC has contributed to the downfall of one of the greatest financial successes in the history of mankind. And then one wonders why people like the newly promoted CFO of Fannie Mae committed suicide the other day? The financial crisis is becoming so monumental and where do people who entrusted their brokers turn to? Thus the purpose of my handle, turn2Him. Noone in leadership wants to accept responsibility, not even Megas, for returning the hard earned American money that was invested into BCIT/Energy source.
This is a very simple issue from the investors perspective, if the shares were invalid and approved by DTCC for sale on the market without proper oversight, the DTCC should step up and cover. But Megas, because of his delay in reporting the identity theft, exasperated the problem beyond human imagination. Some have boasted how Megas spent almost one million dollars to get BCIT/Energy Source trading to no avail. Thus investors of BCIT wait.
So if we understand that life is not fair, what is the purpose of living? I have seen a bumper sticker that reads, "He that collects the most toys wins". This is a good time to ask Madoff what he won. If we are not asking these basic questions at this stage, in my opinion, at least the wife and child of the Fannie Mae CFO have to be asking these questions.
Have a great weekend.
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