tag:blogger.com,1999:blog-200333772024-03-24T00:09:42.228-07:00Real Wealth SocietyThe Philosophy of Free Markets, Sound Economics, Thinking Based On Logic and Reason... Not Right, Nor Left... Just In The Middle. This Blog Is Affiliated With <a href="http://www.un-debt.net">un-debt.net</a>. The Released Materials Do Not Necessarily Express The Views Of Real Wealth Society. Contact: interest_free_money(at)juno.comsbkshttp://www.blogger.com/profile/11534262673439163674noreply@blogger.comBlogger292125tag:blogger.com,1999:blog-20033377.post-55581771468473579372009-03-06T11:22:00.000-08:002009-04-03T18:43:27.582-07:00SPECIAL MADOFF MARCH 09<a style="font-family: verdana; font-weight: bold;" href="http://real-wealth-society.blogspot.com/2009/02/special-madoff-feb-2009.html">GO TO FEBRUARY HEADLINES </a><br /><br /><span style="font-size:130%;"><span style="font-weight: bold;font-family:verdana;" >WEEK 25 - 31</span></span><br /><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://dealbook.blogs.nytimes.com/2009/03/24/trustee-says-hes-found-75-million-of-madoffs/&ct=ga&cd=fpFYVcnlbEo&usg=AFQjCNGARfPObODA_ji7v06XwZFUX-D3_Q" target="_blank">Trustee Says He’s Found $75 Million of Madoff’s</a><br /><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://washingtontimes.com/news/2009/mar/25/democrat-committee-holds-on-to-madoff-money/&ct=ga&cd=FCJVb9jNVqw&usg=AFQjCNGU7olByHHUAUh7Xkqglg54rzj18g" target="_blank">Democrats hold on to Madoff money</a><br /><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://www.metro.us/us/article/2009/03/25/01/2151-82/index.xml&ct=ga&cd=FCJVb9jNVqw&usg=AFQjCNHX7RCOPnREICNWHlQ6jVoByMYJhQ" target="_blank"> Madoff sell-off of Judaic items</a><br /><a style="font-family: verdana; font-weight: bold;" href="http://www.foxbusiness.com/story/markets/judge-freezes-madoffs-brothers-assets/">Judge freezes Madoff's brother's assets</a><br /><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://www.technobuck.com/inside-bernard-madoffs-ponzi-scheme/&ct=ga&cd=eXTZ4W7Ajpg&usg=AFQjCNHKXw8os-E5cehfcfcW2rvdSqtMJQ" target="_blank">Inside Bernard Madoff's ponzi scheme</a><br /><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://thecaucus.blogs.nytimes.com/2009/03/26/money-from-madoff-is-rerouted/%3Fhp&ct=ga&cd=4sZ3NppyKXY&usg=AFQjCNHYNuxP2Lbkf4ed1gJbO8xGER4HtQ" target="_blank">Money From Madoff Is Rerouted</a><br /><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://www.cnbc.com/id/29911053&ct=ga&cd=ok1Zdligdeg&usg=AFQjCNEJO_iXs-twgDA5JzqEYpp9Q4DlnA" target="_blank">Madoff's Wife Got $2 Million from UK Unit: Report</a><br /><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://www.bloomberg.com/apps/news%3Fpid%3D20601102%26sid%3DagTI0YQRpHNU%26refer%3Duk&ct=ga&cd=cvzlOPdiECo&usg=AFQjCNFgUiKxtTores5MSZg1pXDIWZNOYA" target="_blank"> Madoff Fraud Charges Could Be Filed in UK This Year</a><br /><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Dagrg_Lqei7Cw%26refer%3Dhome&ct=ga&cd=cvzlOPdiECo&usg=AFQjCNHw6SV2NvT0ml2ryoFLyBsPXbBfAQ" target="_blank"> Madoff Liquidator Says $2.6 Billion Will Pay Victims of Fraud</a><br /><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://www.jossip.com/madoff-cheated-on-wife-other-d-bag-accusations-were-about-to-see-20090329/&ct=ga&cd=fykXwo3guHI&usg=AFQjCNGG8SYeKp8Zb1fLNRwSB1ScIy2x9w" target="_blank">'Madoff Cheated on Wife' & Other D-Bag Accusations </a><br /><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://www.bloomberg.com/apps/news%3Fpid%3D20601103%26sid%3DasxSOtYSjXtw%26refer%3Dus&ct=ga&cd=mABSEsXkPcE&usg=AFQjCNGk2TCFfqjOAhpnsLDfJ0jlXKQUmA" target="_blank">Peter Madoff Will Seek to Challenge Asset Freeze, Lawyer Says</a><br /><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://www.bloomberg.com/apps/news%3Fpid%3D20601102%26sid%3Dauf5.qu5bMH0%26refer%3Duk&ct=ga&cd=l7YIy2yCnJM&usg=AFQjCNH7aDX--jfN1n980DHg9UmLc_UoFw" target="_blank">Geneva Whispers About New Money From Mumbai Amid Madoff Scandal</a><br /><br /><br /><br /><span style="font-size:130%;"><span style="font-weight: bold;font-family:verdana;" >WEEK 17 - 24<br /></span></span><a style="color: blue; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://bernard-madoff-scam.blogspot.com/2009/03/girls-talktoo-much.html&ct=ga&cd=98wvIsovA9c&usg=AFQjCNE8_lwWL-6FeG6SrCYEDflVpWdPTQ" target="_blank">I'm Bernard Madoff--I'm Telling All. Right Here. Trust Me</a><br /><a style="color: blue; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://www.metafilter.com/80225/Madoff-Congo-scandal&ct=ga&cd=98wvIsovA9c&usg=AFQjCNGWQtYMR8lUAgCtvCWo-b8Nz8C0tA" target="_blank">Madoff Congo scandal </a><br /><a style="color: blue; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://dealbook.blogs.nytimes.com/2009/03/18/madoffs-accountant-is-charged-with-fraud/&ct=ga&cd=PXf6FYnbhjQ&usg=AFQjCNGbdqpP-RvlFlQovvprRO2YOsMZDQ" target="_blank">Madoff’s Accountant Is Charged With Fraud</a><br /><a style="color: blue; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://www.newsday.com/services/newspaper/printedition/thursday/longisland/ny-bzappl1912560429mar19,0,665200.story&ct=ga&cd=387AUwCUKVw&usg=AFQjCNEpAgfkuDKZnV6k6EKla852bvX81g" target="_blank"> Madoff's lawyers to ask court to release him</a><br /><a style="color: blue; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://www.cnbc.com/id/29771769&ct=ga&cd=YZt8pn65Y6o&usg=AFQjCNF0sZolzdYB56-68TEcukRoFnElTg" target="_blank">Madoff Scheme Sinks Austrian Bank</a><br /><a style="color: blue; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://voices.washingtonpost.com/washingtonpostinvestigations/2009/03/the_madoff_magus.html%3Fhpid%3Dnews-col-blog&ct=ga&cd=5UvEOSGQc7E&usg=AFQjCNEjg9NFKw19T5IHfPUs0wZlSW9Z1g" target="_blank"> Madoff the Magus</a><br /><a style="color: blue; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://www.cbsnews.com/stories/2009/03/20/earlyshow/main4878779.shtml&ct=ga&cd=5DOr4hTYgf0&usg=AFQjCNHyzbrFur9eFb4oBi_2Gd8h8LLwuA" target="_blank">What Did Madoff Clan Really Know?</a><br /><a style="color: blue; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://www.bloomberg.com/apps/news%3Fpid%3D20601102%26sid%3Daubn7xruEvI8%26refer%3Duk&ct=ga&cd=5DOr4hTYgf0&usg=AFQjCNE2XvmvGWD3BFuACZsSfs6j7Ppyow" target="_blank"> Madoff’s 19th Century Forerunner Shows Rules Can’t Stop Thieves</a><br /><a style="color: blue; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://www.businessinsider.com/congo-email-scammers-support-harsh-sentence-for-madoff-2009-3&ct=ga&cd=98wvIsovA9c&usg=AFQjCNErUh3bJrYwyEQKR6h_bR4RT-8yuA" target="_blank">Email Scammers Support Harsh Sentence For Madoff</a><br /><a style="color: blue; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://www.newsday.com/iphone/ny-bzmado2412576577mar24,0,1742785.story&ct=ga&cd=4fCYaFbsr4Q&usg=AFQjCNFinDyxTwT17zkHvfR_NUGcNk5Oeg" target="_blank">French officials to seize Ruth Madoff's chateau</a><br /><a style="color: blue; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://www.iht.com/articles/ap/2009/03/23/business/NA-US-Madoff-Scandal.php&ct=ga&cd=4fCYaFbsr4Q&usg=AFQjCNGfMawZHNbZM_LTy9B9hyXXz6dfyg" target="_blank">Lawyer says Madoff assets reach $1 billion mark</a><br /><a style="color: blue; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://www.huffingtonpost.com/richard-b-woodward/madoff-the-sit-com_b_177835.html&ct=ga&cd=j5bOQXqOKP4&usg=AFQjCNE03sT1DwINaMNdPGh0eife7Bh9KQ" target="_blank"> Madoff, the Sit-Com</a><br /><a style="color: blue; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://seekingalpha.com/article/127222-why-so-many-smart-people-invested-with-madoff&ct=ga&cd=j5bOQXqOKP4&usg=AFQjCNGfVU54hUVPNL3ZR-bt_Q5vaeohLQ" target="_blank">Why So Many Smart People Invested with Madoff</a><br /><br /><br /><span style="font-size:130%;"><span style="font-weight: bold;font-family:verdana;" >WEEK 09 - 16</span></span><br /><span style="font-weight: bold;font-size:100%;" ><a style="color: blue; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.dailyfinance.com/2009/03/09/ruth-madoff-to-hire-own-attorney/&ct=ga&cd=AcuJOfbvnAM&usg=AFQjCNHJKWp7iM6INYVC5pT69kGzw-gnyA" target="_blank">Ruth Madoff to hire own attorney</a><br /><a style="color: blue; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.businessinsider.com/madoff-serfs-were-faking-trading-tickets-2009-3&ct=ga&cd=AcuJOfbvnAM&usg=AFQjCNH1939y5TyD65PUUKODaGBmFlGspw" target="_blank"> Madoff Serfs Were Faking Trading Tickets</a><br /><a style="color: blue; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.theyeshivaworld.com/%3Fp%3D31453&ct=ga&cd=AcuJOfbvnAM&usg=AFQjCNFbEdmeiE9hUozd0rd2-MaRphcFzA" target="_blank">The Yeshiva World » Madoff Investors Prepare For Court ...</a><br /><a style="color: blue; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.usatoday.com/money/world/2009-03-09-madoff-case-sparks-calls-for-global-court_N.htm&ct=ga&cd=UjCGBU5ZPvg&usg=AFQjCNF4Z_iy_U6v5VOxzitGXh1GmfgDsA" target="_blank"> Madoff case sparks calls for global court over finance fraud</a><br /><a style="color: blue; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.huffingtonpost.com/2009/03/13/sesame-street-explains-th_n_174551.html&ct=ga&cd=EzVvoQt2CJ4&usg=AFQjCNH_xegxzbuC_MloY5ToS5GPoNO8tA" target="_blank">Sesame Street Explains The Madoff Scandal (VIDEO)</a><br /><a style="color: blue; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.nytimes.com/2009/03/14/business/14nocera.html%3Fref%3Dbusiness&ct=ga&cd=MH3XxgOD58c&usg=AFQjCNGmB57AbCc0TZsGNyxXGL92GJXPyw" target="_blank"> Madoff Had Accomplices: His Victims</a><br /><a style="color: blue; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://business.timesonline.co.uk/tol/news/world/us_and_americas/article5904340.ece&ct=ga&cd=MH3XxgOD58c&usg=AFQjCNFc-oykiF5GNHiL7_hq05Z2Z_5LUQ" target="_blank">Bernard Madoff swaps penthouse for a wardrobe-sized cell</a><br /><a style="color: blue; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.capmag.com/article.asp%3FID%3D5464&ct=ga&cd=0ZSIdiDTuvQ&usg=AFQjCNGS0M2hlzdN3r60cinTTyORKtY-QA" target="_blank">Bernard Madoff is Small Potatoes Compared to the Government</a><br /><a style="color: blue; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.cbsnews.com/stories/2009/03/14/eveningnews/main4866072.shtml&ct=ga&cd=I_C3SoFFhTQ&usg=AFQjCNHmyyjKGZ-pP1QasHZxkKre0HhaLA" target="_blank"> Madoff Victims Want Answers, Not Apologies</a><br /><a style="color: blue; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www3.signonsandiego.com/stories/2009/mar/14/1b14bizbrfs213845/%3FzIndex%3D66856&ct=ga&cd=I_C3SoFFhTQ&usg=AFQjCNGklVZrTS4krLtW1EzA6qxLp7eBCw" target="_blank"> Madoffs' assets totaled $823 million at end of '08</a><br /><a style="color: blue; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://abcnews.go.com/Business/Economy/story%3Fid%3D7078463%26page%3D1&ct=ga&cd=I_C3SoFFhTQ&usg=AFQjCNHGPDzCRQNCBzGCe2Zj28bwl9O2Qg" target="_blank">Bernie Madoff's Billionaire Victims</a><br /><a style="color: blue; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.dailyfinance.com/2009/03/16/ruth-madoffs-assets-may-be-frozen-by-feds/&ct=ga&cd=0GPvCO4kTH8&usg=AFQjCNGUkc3zW2LoFU-Llsn1uEv6lsZidw" target="_blank">Ruth Madoff's assets may be frozen by Feds</a></span><br /><br /><br /><span style="font-weight: bold;font-family:verdana;" >WEEK 01 - 08</span><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.google.com/hostednews/ap/article/ALeqM5jyuwV-veqFkL1txS5741EPMvnN2AD96PFUC00&ct=ga&cd=1i0_yJV1-4c&usg=AFQjCNHjyazzX7kewmYqr6shzXup_9R8dQ" target="_blank"> Madoff investors prepare for court confrontation</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.spectator.co.uk/clivedavis/3414241/on-the-trail-of-bernie-madoff.thtml&ct=ga&cd=Gooqjd5NnvQ&usg=AFQjCNHM9PMSeltLlX2oJPZtNVtUbY5NHw" target="_blank">On the trail of Bernie Madoff </a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.huffingtonpost.com/2009/03/06/madoffs-ponzi-scheme-50-b_n_172427.html&ct=ga&cd=Gooqjd5NnvQ&usg=AFQjCNFW4rtFCXwQdo8soZpoIdsm3W0pLw" target="_blank"> Madoff's Ponzi Scheme: $50 Billion Figure May Be Fictitious</a><br /><a style="font-weight: bold; font-family: verdana;" href="http://www.freerepublic.com/focus/f-news/2200977/posts">Madoff Deal In the Works Crafted by Holder (Crafter of the Marc Rich Pardon)?</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Daud62.va87AI%26refer%3Dhome&ct=ga&cd=sa9RpAZMg34&usg=AFQjCNGV2Q_4mxWX7UUxJhe7pQ107JE0Ug" target="_blank">SEC Will Scrutinize How It Handles Tips After Missing Madoff</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.iht.com/articles/2009/03/05/business/madoff.php&ct=ga&cd=sa9RpAZMg34&usg=AFQjCNHXgSGUkJ74D3FHcipwqfwb2MBk5g" target="_blank">UBS loses ruling on Madoff documents</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.cbsnews.com/stories/2009/03/05/eveningnews/main4847150.shtml&ct=ga&cd=sa9RpAZMg34&usg=AFQjCNFiQ4EHq7h8ChySfclvqCreyXlKzQ" target="_blank">140 Madoff Victims Treated As One Person</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.newsdaily.com/stories/tre524148-us-merrill-madoff/&ct=ga&cd=Io-vt5flwNY&usg=AFQjCNEzsWIi89zBNj-NV8O05VS2wLkeNg" target="_blank">Former Merril execs invested in Madoff funds: report</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.jpost.com/servlet/Satellite%3Fpagename%3DJPost/JPArticle/ShowFull%26cid%3D1236103162177&ct=ga&cd=Io-vt5flwNY&usg=AFQjCNHwC2WycqcQCxrF1Q7pmDnkKFuNjA" target="_blank">Synagogue taps eBay as Madoff losses reduce donations</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3DaJ3GXrY9PtyQ%26refer%3Deurope&ct=ga&cd=CuThSKZyzrU&usg=AFQjCNE8exLbiaFj20V6LjAorf17QMvIBg" target="_blank">BNP Loses Cases Against UBS Over Madoff</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.momentmag.com/Exclusive/2009/2009-04/200904-Madoff.html&ct=ga&cd=CuThSKZyzrU&usg=AFQjCNEWX4srTmntcq58ST_LoXQnorpAaA" target="_blank">Bernie Madoff: Mystery Man</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.jewishjournal.com/swindlerslist/item/vanity_fair_unleashes_on_madoff_20090304/&ct=ga&cd=CuThSKZyzrU&usg=AFQjCNHHTqAoiVt3jndTulQQ0O_1ZgqKzQ" target="_blank">Unleashes on Madoff</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.huffingtonpost.com/2009/03/03/madoff-attorney-receiving_n_171618.html&ct=ga&cd=csrGJZ1dGc4&usg=AFQjCNGDZBqGkpX2aXX5plUdLSDyj4mZRg" target="_blank"> Madoff Attorney Receiving Death Threats</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.vanityfair.com/politics/features/2009/04/madoff200904&ct=ga&cd=csrGJZ1dGc4&usg=AFQjCNHeIXef9eiiPaI-bZJ4O0qPk2ASTg" target="_blank">Madoff's World</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://nihoncassandra.blogspot.com/2009/03/its-official-mrs-madoff-is-delusional.html&ct=ga&cd=CkhOp0UdmrM&usg=AFQjCNETmAp6LqEsgWElnJc8e7smJkQzGA" target="_blank">It's Official: Mrs Madoff is Delusional</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.businessinsider.com/madoffs-wife-smart-enough-not-to-get-fooled-by-ponzi-scheme-2009-3&ct=ga&cd=CkhOp0UdmrM&usg=AFQjCNGZrIxS7KYuhnawFY_pCPAhVAibAA" target="_blank"> Madoff's Wife Smart Enough Not To Get Fooled By Ponzi Scheme</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.investmentnews.com/apps/pbcs.dll/article%3FAID%3D/20090301/REG/303019974&ct=ga&cd=PMdnjPrvLpo&usg=AFQjCNExCktsB1_bL80yLCX9pR6STfcCnA" target="_blank">Recovering taxes for Madoff victims is tough</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.businessinsider.com/madoff-feeder-bank-medici-probed-criminally-in-vienna-2009-3&ct=ga&cd=PMdnjPrvLpo&usg=AFQjCNFNYHUu6dDwkOy_ra0xXAyzXWQEIg" target="_blank"> Madoff Feeder Bank Medici Probed Criminally In Vienna</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.bostonherald.com/business/general/view.bg%3Farticleid%3D1155398%26srvc%3Dbusiness%26position%3D2&ct=ga&cd=PMdnjPrvLpo&usg=AFQjCNEebcnk-r4uVU4z0bp6ArGjcQGl_g" target="_blank">Bernard Madoff whistleblower on ‘60 Minutes’</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.huffingtonpost.com/dan-abrams/presumed-innocent-bernie_b_170933.html&ct=ga&cd=PMdnjPrvLpo&usg=AFQjCNHiC9Qml4ycgqR82iQgLVSRTfZsHA" target="_blank">Presumed Innocent? Bernie Madoff?</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.wowowow.com/post/vanity-fair-family-peddled-madoff-fund-now-social-pariahs-225412&ct=ga&cd=WXiB3fSqd2c&usg=AFQjCNHxzjjszOua0FQ1xLOk--09jL1ohA" target="_blank">Family That Peddled Madoff Fund Now Social Pariahs</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.kxmc.com/News/339354.asp&ct=ga&cd=WXiB3fSqd2c&usg=AFQjCNG1YnSI_89piGDDF4yboMgz7BhStA" target="_blank">Big selloff...Madoff wants millions...Snow woes</a><br /><a style="font-weight: bold; font-family: verdana;" href="http://www.usatoday.com/money/markets/2009-03-03-lawsuits-ponzi-madoff_N.htm">Madoff clients' lawsuits look to others for recompense</a>sbkshttp://www.blogger.com/profile/11534262673439163674noreply@blogger.com22tag:blogger.com,1999:blog-20033377.post-37712513783987371062009-02-02T16:18:00.000-08:002009-03-01T14:05:06.802-08:00SPECIAL MADOFF - FEB 2009<span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://real-wealth-society.blogspot.com/2008/12/special-madoff.html">go to December 08-January 09</a><br /><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" >WEEK: 02/22--2/28</span><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://newshourly.net/britain/news_596112.html&ct=ga&cd=qLS_s8EvUwQ&usg=AFQjCNGMhTVIAml-lrKpX6FsZL0OSaz5sQ" target="_blank">Madoff moved $164 million from UK firm to U.S.: receiver</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.businessinsider.com/madoff-whistleblower-on-60-minutes-a-sneak-peak-2009-2&ct=ga&cd=Z_2yY9248mk&usg=AFQjCNHiYFrxrv6tGI7kssI-qImOKiZetA" target="_blank"> Madoff Whistleblower On 60 Minutes: A Sneak Peak</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.laobserved.com/biz/2009/02/whistleblower_on_60.php&ct=ga&cd=Z_2yY9248mk&usg=AFQjCNF03PuTAX670cIVum79RBjDnRezEg" target="_blank">Why SEC missed Madoff</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.thehollywoodliberal.com/2009/02/28/90-year-old-madoff-client-goes-back-to-work/&ct=ga&cd=Z_2yY9248mk&usg=AFQjCNFw_8MRE4ajZlY4v90Dejoh77h9PQ" target="_blank">90-Year-Old Madoff Client Goes Back to Work </a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.newsday.com/news/local/wire/connecticut/ny-bc-ct--madoffscandal-con0227feb27,0,2957220.story&ct=ga&cd=DeoZqIpicZI&usg=AFQjCNHUu9lhDKsb8o0bIWliN7mSMpyc-g" target="_blank">Conn. lawmakers hold hearing on Madoff scandal</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://dealbook.blogs.nytimes.com/2009/02/27/connecticut-town-sues-over-madoff-losses/%3Fref%3Dnyregion&ct=ga&cd=DeoZqIpicZI&usg=AFQjCNGbWJOWykuabJM4Z6X-PhLJUPvRTQ" target="_blank">Connecticut Town Sues Over Madoff Losses</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.portfolio.com/executives/2009/02/26/Elie-Wiesel-and-Bernard-Madoff&ct=ga&cd=QIEAeiv0jws&usg=AFQjCNHBjazjsouiQ5su-nTBT2WfptO-0g" target="_blank">Elie Wiesel and Bernard Madoff</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://money.cnn.com/2009/02/26/news/newsmakers/parloff_madoff.fortune/&ct=ga&cd=L5mU_pfmUcE&usg=AFQjCNFgk2TtipGiQrLUpiQStcXMtxAVqA" target="_blank"> Madoff 101: Total Immersion for Lawyers</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.bloomberg.com/apps/news%3Fpid%3D20601103%26sid%3DaUXCRMdKGfHk%26refer%3Dus&ct=ga&cd=L5mU_pfmUcE&usg=AFQjCNEq2ft96zuEwvnAQNgkHbz0NEQbMg" target="_blank">Obama Seeks SEC Overhaul With 13 Percent Budget Boost</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.nydailynews.com/money/2009/02/25/2009-02-25_family_feud_lautenberg_kin_sue_madoff_ki.html&ct=ga&cd=L5mU_pfmUcE&usg=AFQjCNEvPLFkuthCB20y2ny5x9YUet9VMg" target="_blank">Family feud! Lautenberg kin sue Madoff kin</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://tzvee.blogspot.com/2009/02/madoff-and-merkin-pioneers-of.html&ct=ga&cd=haz_q_wMoDI&usg=AFQjCNHsy6GAPRTZP97eTXLaO2XC0SqN_A" target="_blank">Madoff and Merkin - the Pioneers of Odianthropy</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.rightwingpopcorn.com/madoff-style-economics-killing-our-country/&ct=ga&cd=haz_q_wMoDI&usg=AFQjCNFaKNmazgpenMeIGeBMHL_ozltC-Q" target="_blank">Madoff-style economics: killing our country? </a><br /><a style="font-weight: bold; font-family: verdana;" href="http://www.thesmartasset.com/2009/02/madoff_stashed_182_million_in.php">Madoff stashed $182 million in his nonprofit foundation as tax ploy</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.salon.com/env/mind_reader/2009/02/26/bernie_madoff/&ct=ga&cd=haz_q_wMoDI&usg=AFQjCNGTKFdcSYWKlJFp3QRhfdk06mkFBg" target="_blank">The dark lesson of Bernie Madoff </a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.iht.com/articles/ap/2009/02/25/business/EU-Luxembourg-Madoff.php&ct=ga&cd=_yWHoZLqOE8&usg=AFQjCNENpPNhSBbS_ZYSWIFmVHi-mFtmBQ" target="_blank">Luxembourg warns UBS on Madoff fraud</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://money.cnn.com/2009/02/25/news/madoff_stanford_playbook.fortune/&ct=ga&cd=_yWHoZLqOE8&usg=AFQjCNEorm_bXYZFE_knHWR1hZ05uNjh6g" target="_blank">The investment scam-artist's playbook</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.foxbusiness.com/story/markets/irs-pressure-offer-tax-relief-madoff-victims/&ct=ga&cd=_yWHoZLqOE8&usg=AFQjCNGmBEW1jhvug6eePRDjLMM2JYWXvA" target="_blank">IRS Under Pressure to Offer Tax Relief to Madoff Victims</a><br /><a style="font-weight: bold; font-family: verdana;" href="http://www.nbcnewyork.com/news/local/Judge-Tosses-NY-Companys-Madoff-Suit.html">Judge tosses New York company's Madoff suit</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://freakonomics.blogs.nytimes.com/2009/02/24/for-madoff-reputation-is-apparently-a-one-way-street/&ct=ga&cd=NaYh8CCI2Lg&usg=AFQjCNGRB4p8c3mqy4gtMbdAS4Oh222Q9g" target="_blank">For Madoff, Reputation Is Apparently a One-Way Street</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://dealbook.blogs.nytimes.com/2009/02/24/judge-rules-against-late-investor-with-madoff/&ct=ga&cd=NaYh8CCI2Lg&usg=AFQjCNFFv81rLOrudzN5-OmO3QkPTFNR8A" target="_blank">Judge Rules Against Late Investor With Madoff</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.jpost.com/servlet/Satellite%3Fpagename%3DJPost/JPArticle/ShowFull%26cid%3D1235410695281&ct=ga&cd=NaYh8CCI2Lg&usg=AFQjCNGYgTlvGHEUnHCUSrEeuF348H3ETw" target="_blank">Have Mexican Jews lost their wealth in Madoff-like scheme</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.bloomberg.com/apps/news%3Fpid%3D20601103%26sid%3Daggq1e88xMPU%26refer%3Dus&ct=ga&cd=GmslEzCELMA&usg=AFQjCNFGkCgIcuZDTGQKQ3DoAbCuk2qc9w" target="_blank"> Madoff Must Have Had Help, Lawyers Say, Citing Trustee Report</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://blogs.jta.org/philanthropy/article/2009/02/24/1003232/new-york-mag-makes-up-madoff-as-a-monster&ct=ga&cd=GmslEzCELMA&usg=AFQjCNHYXH7Ml-Y4ANFL6NZLsGk7MgY1Xg" target="_blank">New York Mag makes up Madoff as a Monster</a><br /><a style="font-weight: bold; font-family: verdana;" href="http://nymag.com/news/businessfinance/54703/">Bernard Madoff, “The Monster Mensch”</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.businessinsider.com/bernie-madoff-turned-down-1-billion-for-biz-2009-2&ct=ga&cd=ReXAi_HtkuY&usg=AFQjCNHZMXZsLIUstdmzjNsbOLQQA5_pZg" target="_blank">Bernie Madoff Turned Down $1 Billion</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://stockerblog.blogspot.com/2009/02/bernie-madoff-victim-map.html&ct=ga&cd=f51d8q89Rk8&usg=AFQjCNGXrvmqIXTTRWfa8IQUCMKFN5L0ig" target="_blank">The Stock Market Blog: Bernie Madoff Victim Map</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://beyond-basics.blogspot.com/2009/02/madoff-scandal-for-beginnersconspiracy.html&ct=ga&cd=f51d8q89Rk8&usg=AFQjCNEzM3p2ZGUrUNASWRtwtR7QQxgF1w" target="_blank">Beyond Basics: Madoff Scandal for Beginners/Conspiracy Theory</a><br /><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br />WEEK: 02/16--2/21<br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://uk.reuters.com/article/marketsNewsUS/idUKLH9814620090218&ct=ga&cd=dXffi0QUV98&usg=AFQjCNFAXCYCTxOSDKZAdGOBtLnMCC2x6w" target="_blank"> Madoff distortion makes some hedge funds look good</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://triangle.bizjournals.com/triangle/othercities/austin/stories/2009/02/16/daily27.html&ct=ga&cd=dXffi0QUV98&usg=AFQjCNGtq8spv9YCfCkMq9xn7TTudONd8g" target="_blank">Austin Capital sued by pension fund over Madoff loss</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.bizjournals.com/kansascity/stories/2009/02/16/daily22.html&ct=ga&cd=dXffi0QUV98&usg=AFQjCNEsCPxFP1BTCFLYUk3bqpELkaC3Uw" target="_blank">BATS Exchange gets subpoena in Madoff case</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.businessweek.com/innovate/next/archives/2009/02/the_tangled_web.html&ct=ga&cd=dXffi0QUV98&usg=AFQjCNEV0wMIRsuRRejUAU3rDjbjYEwrKw" target="_blank">The Tangled Web of Bernard Madoff's Network</a><br /><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://kucinich.house.gov/News/DocumentSingle.aspx?DocumentID=112160">Kucinich Launches Investigation: SEC Was Told To Back Off Stanford Group In 2006</a><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.prisonplanet.com/who%25E2%2580%2599s-behind-madoff.html&ct=ga&cd=gdvw9bJYIlY&usg=AFQjCNH8CQQa-oBpovQ-ky8tkPHCy7U3fg" target="_blank">Who’s behind Madoff?</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.kansascity.com/business/story/1045789.html&ct=ga&cd=Ljg-EtoXjRU&usg=AFQjCNGiwkw3-2-F7ZE2AD2sxYItrWbytQ" target="_blank">Madoff ‘trades’ were illusions </a><a href="http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x3748551"><br /></a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x3748551">Madoff trustee: No securities bought for customers in 13 years</a><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://uk.reuters.com/article/americasPrivateEquityNews/idUKTRE51G3T720090217&ct=ga&cd=LI0XNWLS9Mg&usg=AFQjCNEAVzVRPm-Dl5BofcXD2IVH5wZDow" target="_blank"> Madoff scandal boon for mutual funds, DWS exec says</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaNp_NBypFUsg%26refer%3Dhome&ct=ga&cd=LI0XNWLS9Mg&usg=AFQjCNFH3rTk7ITvLZvIaIU2m93JGAVnxw" target="_blank"> Madoff Brokerage Liquidator Subpoenas 13 Financial Institutions</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://dealbook.blogs.nytimes.com/2009/02/17/banks-madoff-settlement-doesnt-impress-investors/&ct=ga&cd=ObCkPiyQcZU&usg=AFQjCNHd417l-J1zDuplLT_s_gt-jRfGOw" target="_blank">Bank’s Madoff Settlement Doesn’t Impress Investors</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://gothamist.com/2009/02/17/smash_bernard_madoff_the_doll_for_9.php&ct=ga&cd=ObCkPiyQcZU&usg=AFQjCNG9MEDNEsz9d_Lp3gt7kNwbrlHMIg" target="_blank">Smash Bernard Madoff (The Doll) For $99.95</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://247wallst.com/2009/02/17/stanford-and-madoff-what-happens-when-people-want-there-money/&ct=ga&cd=ObCkPiyQcZU&usg=AFQjCNGQCmswpEk3On2JkIZ-jxUVZy3t0w" target="_blank">Stanford And Madoff: What Happens When People Want Their Money</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.thedeal.com/dealscape/2009/02/stanford_madoff_gave_lots_of_d.php&ct=ga&cd=ObCkPiyQcZU&usg=AFQjCNGVCHuoZCUidstvuv3d1nEtQR-L0w" target="_blank">Stanford, Madoff gave lots of dosh to politicians </a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.msnbc.msn.com/id/29208376/&ct=ga&cd=l3dcBilTnao&usg=AFQjCNEwOjVdbgEP8XXrzmEXqFu9sN967A" target="_blank">Wall Streeters Kept Mum on Madoff Doubts: Report</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.realclearpolitics.com/articles/2009/02/the_madoff_bill.html&ct=ga&cd=DA_XZQOUcNI&usg=AFQjCNEgoEq6wVvpITkECwLPsJyg3UpnUQ" target="_blank">The Madoff Bill</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.huffingtonpost.com/2009/02/17/madoff-victim-billionaire_n_167487.html&ct=ga&cd=DA_XZQOUcNI&usg=AFQjCNFg9XyM9hpADyCeyLOyjZOk6YzoRQ" target="_blank"> Madoff Victim Billionaire Walter Noel's Tropical Refuge</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.examiner.com/x-1969-Boston-Progressive-Examiner%7Ey2009m2d15-The-Boston-whistleblower-fingered-Bernard-Madoff-for-fraud-in-five-minutes&ct=ga&cd=Jzh1LP6DN0o&usg=AFQjCNGVubWwPtd-5R5nq4FoHGiH5G4leA" target="_blank">The 'Boston whistleblower' fingered Bernard Madoff for fraud </a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.bloomberg.com/apps/news%3Fpid%3D20601103%26sid%3DaXS4fOS1j2mY%26refer%3Dnews&ct=ga&cd=Jzh1LP6DN0o&usg=AFQjCNExvoXMx6jyK-NfrlXeVp9Yn90DNA" target="_blank"> Madoff Trustee Picard Subpoenas Jefferies in Liquidation Case</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.telegraph.co.uk/finance/financetopics/bernard-madoff/4642076/Madoff-aide-falls-under-suspicion.html&ct=ga&cd=Jzh1LP6DN0o&usg=AFQjCNGGZbfrm6njIUKrU7b1Q_gwTga3YQ" target="_blank"> Madoff aide falls under suspicion</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://economy.kansascity.com/%3Fq%3Dnode/1176&ct=ga&cd=Jzh1LP6DN0o&usg=AFQjCNES-Gz_zeleY_MW-q0cyaFjJTBzPQ" target="_blank"> Madoff doll a smashing success?</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.usatoday.com/life/books/news/2009-02-16-elie-wiesel_N.htm&ct=ga&cd=Jzh1LP6DN0o&usg=AFQjCNGR1q3QKD9aHk7fbJszeufypYGFiQ" target="_blank">His foundation plundered, Elie Wiesel again rebuilds on ruins</a><a href="http://www.nytimes.com/2009/02/16/opinion/16krugman.html?_r=1"><br /></a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://www.nytimes.com/2009/02/16/opinion/16krugman.html?_r=1">Decade at Bernie’s </a><br /><br /><br /><br />WEEK: 02/09--2/14<br /><a href="http://caretolive.com/2009-02-15/madoff-whistleblower-markopolos-tells-congress-fda-is-captured/">Madoff Whistleblower Harry Markopolos Tells Congress FDA Is Captured!</a><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.guardian.co.uk/business/2009/feb/15/madoff-fraud-wall-street&ct=ga&cd=aG83J1IaJpg&usg=AFQjCNEo1urHOrOUOgaIQpy92uVaOzgflQ" target="_blank">Bankers kept silent over Madoff fears</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.americanfreepress.net/html/bernie_madoff_crime_168.html&ct=ga&cd=aG83J1IaJpg&usg=AFQjCNFc5MJFXF7vV1Yk2WpIOlTvchkVZQ" target="_blank">Investigator Details Bernie Madoff’s Relationship With Organized Crime</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.cbsnews.com/stories/2009/02/12/cbsnews_investigates/main4797238.shtml&ct=ga&cd=VNLygw34AYM&usg=AFQjCNGYG7QBUxp6nCxVPlDYPiKobzCWkQ" target="_blank">Madoff’s Wife Could Face Legal Trouble Attorneys Tell CBS </a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://blogs.wsj.com/law/2009/02/12/does-ruth-madoff-need-her-own-lawyer/&ct=ga&cd=VNLygw34AYM&usg=AFQjCNEw7HdMeXa5_m0bf1MLAEKOv6pYZg" target="_blank">Does Ruth Madoff Need Her Own Lawyer?</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.bloomberg.com/apps/news%3Fpid%3D20601109%26sid%3DapNDOtibG3HA%26refer%3Dhome&ct=ga&cd=sYlQTnUR2B0&usg=AFQjCNGCiHnEXbdmB8DAmZatDjNOGFQRPA" target="_blank"> Madoff Scandal Ensnares Order of Patron Saint for Moralists</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.bloomberg.com/apps/news%3Fpid%3D20601109%26sid%3DauoogFU4GmKc%26refer%3Dhome&ct=ga&cd=sYlQTnUR2B0&usg=AFQjCNE2Oxtq7yLxECL8Jj5R7vPB3oEJvw" target="_blank"> Madoff Key Aide Recruited Her Neighbors as Investors</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.google.com/hostednews/ap/article/ALeqM5hSrHRoIVojMxDEyvQb-EtL1ixoCQD96AV5TO1&ct=ga&cd=sYlQTnUR2B0&usg=AFQjCNHwlqNsfJn5Zji8evzu1wk-WV4aLg" target="_blank">Donors want financial transparency for churches</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.usatoday.com/money/markets/2009-02-12-markopolos-madoff-ponzi_N.htm&ct=ga&cd=VNLygw34AYM&usg=AFQjCNHN8NXv1AV9aGqHTkzCVaBaYNhPbg" target="_blank">Pursuer of Madoff blew a whistle for nine years</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://dealbook.blogs.nytimes.com/2009/02/13/imprisoned-felon-was-adviser-to-madoff-investor/&ct=ga&cd=eUO4BM6ZzYc&usg=AFQjCNFuFhHfyGH7cFU-MMuL1T87Pj1jPg" target="_blank">Imprisoned Felon Was Adviser to Madoff Investor </a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://nymag.com/daily/intel/2009/02/another_madoff_investor_commit.html&ct=ga&cd=eUO4BM6ZzYc&usg=AFQjCNH4xaJHZc5YyIdaJCzPMSteE4LqlQ" target="_blank">Another Madoff Investor Commits Suicide</a><br /><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://www.ritholtz.com/blog/2009/01/cbs-video-how-much-did-madoff-family-know/">Video: How Much Did Madoff Family Know?</a><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.newyorker.com/online/blogs/goingson/2009/02/fragments-of-ma.html&ct=ga&cd=7iYF8WoyneE&usg=AFQjCNGc016yNmiSc606E4-ZZ6fBG3x4EA" target="_blank">Fragments From “Madoff! The Musical”</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.eminimaster.com/blog/2009/02/understanding-the-madoff-scandal-follow-the-technology/&ct=ga&cd=7iYF8WoyneE&usg=AFQjCNH_h7icpGA1efmEfQRwdlSMVc_dKQ" target="_blank">Understanding the Madoff Scandal </a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.lewrockwell.com/blog/lewrw/archives/025226.html&ct=ga&cd=7iYF8WoyneE&usg=AFQjCNHxYlUnYEO8VY7MqCXMTU0hhL_lng" target="_blank">Madoff and blest credit</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.finalternatives.com/node/6898&ct=ga&cd=7iYF8WoyneE&usg=AFQjCNHvg7NQQIZkJiu-CQ7FCnnRgtcOiA" target="_blank">Web Abuzz With Madoff Sites Offering Info, Kitsch </a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.charalampopoulos-edu.com/stock-market-information/35&ct=ga&cd=iE8E42-FGnM&usg=AFQjCNE3Dk71BDOnkGNB-RhxPCIlMXKZuA" target="_blank">More fraud possible, Madoff whistle-blower says</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://money-employment.marc8.com/let-whistle-blower-run-sec&ct=ga&cd=iE8E42-FGnM&usg=AFQjCNEmOUgpS8DZ5d6_GET31JZrL6QW-g" target="_blank">Let the whistle-blower run the SEC </a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://abcnews.go.com/Blotter/story%3Fid%3D6838492%26page%3D1&ct=ga&cd=j0JI0UMVUno&usg=AFQjCNHozTsfzvKxb5Guo9mmugT9iUroRA" target="_blank">Who Gets the Rest of Madoff's Money?</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.nytimes.com/2009/02/10/business/10madoff.html%3Fref%3Dbusiness&ct=ga&cd=j0JI0UMVUno&usg=AFQjCNH0It9ayF-LgqV3bTHPpz2aLEOBcA" target="_blank"> Madoff in Accord With SEC Ahead of Criminal Deadline</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.forbes.com/2009/02/09/bernard-madoff-sec-business-wall-street_0209_thomsen.html&ct=ga&cd=j0JI0UMVUno&usg=AFQjCNEHF2dV2AufDUfY6a7a2HOuLa7X2w" target="_blank"> Madoff Claims Another Victim</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://uk.reuters.com/article/companyNewsMolt/idUKTRE5185YJ20090209&ct=ga&cd=j0JI0UMVUno&usg=AFQjCNG_JfPo39VuEqQwHy4drX4YrlPBNA" target="_blank">Interview with Madoff client Ian Thiermann</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.theaustralian.news.com.au/business/story/0,28124,25025453-20501,00.html&ct=ga&cd=ybDETR_pnls&usg=AFQjCNEEZZQ9GITOxwq9pekNo4qPYLPabA" target="_blank">Put your money into Madoff, bank urged wealthy clients</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.csmonitor.com/2009/0209/p15s04-wmgn.html&ct=ga&cd=ybDETR_pnls&usg=AFQjCNGdXqZKxZ2KsEdOq1_OokflUtgsCw" target="_blank">Lose money to Madoff? Don't cry to Uncle Sam.</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.crainsnewyork.com/article/20090208/SUB/902089977/0&ct=ga&cd=ybDETR_pnls&usg=AFQjCNH5th5ZdZND1HMxu-t3YfzcVcwnPg" target="_blank"> Madoff's minions</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.examiner.com/x-2759-Business-and-Finance-Examiner%7Ey2009m2d8-Madoffs-famous-and-previously-considered-sophisticated-victims&ct=ga&cd=ybDETR_pnls&usg=AFQjCNFSFraJ9uMGXVLdgFTgRkdZIORSsw" target="_blank"> Madoff's famous and sophisticated victims</a><br /><br /><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br />WEEK: 02/02-02/07<br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.newstimes.com/ci_11646769%3Fsource%3Dmost_emailed&ct=ga&cd=yIQRTc7NrDE&usg=AFQjCNHhuN2Li2m34ip3qZI5RGk_Bhlhcg" target="_blank">Fairfield County 'ground zero' for Madoff scandal, victim list shows</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.msnbc.msn.com/id/29054410/&ct=ga&cd=yIQRTc7NrDE&usg=AFQjCNHpfRTLY9nqTrX-0X9Odcl_xl7ILA" target="_blank"> Madoff Victim: "Bernie is Nobody's Friend"</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.startribune.com/local/39227832.html%3Felr%3DKArksLckD8EQDUoaEyqyP4O:DW3ckUiD3aPc:_Yyc:aUUZ&ct=ga&cd=yIQRTc7NrDE&usg=AFQjCNFGeRLFhYalD7RBp8q3-4-ya_D-bg" target="_blank">Minn. economist: Madoff losses could cost state</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://newsdeskinternational.wordpress.com/2009/02/07/sharpton-calls-for-justice-outside-madoffs-home/&ct=ga&cd=r3X9W9_1v2U&usg=AFQjCNGlb8nMB0q0jaJzPRBlkeC-oRo3vg" target="_blank">Sharpton calls for justice outside Madoff’s home </a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://wallstreetblips.dailyradar.com/story/sec_looks_to_reassure_investors_reuters/&ct=ga&cd=r3X9W9_1v2U&usg=AFQjCNGoCTsLmJmguorzm86LKlmOLMG2NA" target="_blank">SEC looks to reassure investors (Reuters) - Government</a><br /><a style="font-family: verdana; font-weight: bold;" href="http://www.deepcapture.com/bernard-madoff-the-mafia-and-the-friends-of-michael-milken/">Bernard Madoff, the Mafia, and the Friends of Michael Milken</a><br /><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://viralvideomaker.com/2009/02/07/savings-lost-to-madoff-elderly-forced-back-to-work-reuters-4/&ct=ga&cd=KFcs-hEMFcM&usg=AFQjCNGmkmBN4qR05EwYPJpsPdpVy0-1tg" target="_blank">Savings lost to Madoff, elderly forced back to work</a><br /><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://business.theatlantic.com/2009/02/panel_treasury_has_overpaid_78b_in_tarp_transactions.php&ct=ga&cd=KFcs-hEMFcM&usg=AFQjCNEDpUx_s85f7twbszBdLVPwxkSi3g" target="_blank">Treasury Has Overpaid $78B In TARP Transactions - Even better than Madoff</a><br /><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://www.msnbc.msn.com/id/29045405/&ct=ga&cd=fTCrBsyrtII&usg=AFQjCNF576HaL3bnsJFmTsXikwNzTRpP-g" target="_blank"> Madoff's Mark on Montana</a><br /><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://www.msnbc.msn.com/id/29046721/&ct=ga&cd=fTCrBsyrtII&usg=AFQjCNEXeUWU-L265WoQWt6y38rhEeWeaw" target="_blank"> Madoff victim: It all seemed legitimate</a><br /><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://www.forbes.com/wallstreet/2009/02/06/bernard-madoff-investors-list-business-wall-0206_madoff.html&ct=ga&cd=fTCrBsyrtII&usg=AFQjCNH0k5rV6cL9XwaV5LeQOy2v-Mz75w" target="_blank">Those Closest To Madoff Got Burned Too</a><br /><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://www.washingtonpost.com/wp-dyn/content/article/2009/02/06/AR2009020602876.html&ct=ga&cd=fTCrBsyrtII&usg=AFQjCNEb6KkvKAG_E9-Lz-PjaYFBBlbNFw" target="_blank">New SEC Chair Off and Running With Enforcement Measures</a><br /><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://seattlepi.nwsource.com/business/398977_madoffwa06.html%3Fsource%3Dmypi&ct=ga&cd=Tu2_04uNdj4&usg=AFQjCNHDg-COSftYfw-UH5j7qubIyhCL9g" target="_blank"> Madoff scandal affects prominent Seattle families</a><br /><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://www.bloomberg.com/apps/news%3Fpid%3D20601103%26sid%3Da8Pw8wT2dhH4%26refer%3Dus&ct=ga&cd=Tu2_04uNdj4&usg=AFQjCNFZQhqDljRYBHuhZuewc8jc0882gA" target="_blank"> Madoff Marketer Met With UK’s Prince Charles, Markopolos Says</a><br /><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://www.nytimes.com/2009/02/06/business/06westport.html&ct=ga&cd=Tu2_04uNdj4&usg=AFQjCNHzyt5wZLbyQj_AKtOJYwNLukJ-hg" target="_blank">Bank Sent Clients’ Cash to Its Madoff Account</a><br /><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://www.reuters.com/article/domesticNews/idUSTRE51502I20090206&ct=ga&cd=Tu2_04uNdj4&usg=AFQjCNHVn_loWeQPNqGcCc6Xvzfm-OuJpA" target="_blank">Did middleman know about Madoff losses beforehand?</a><br /><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://www.guardian.co.uk/business/2009/jan/30/madoff-mercedes">Bulletproof Madoff</a><br /><a href="http://www.guardian.co.uk/business/2009/feb/05/madoff-client-list">More famous names emerge among the thousands in Madoff client list</a><br /><a href="http://business.theglobeandmail.com/servlet/story/RTGAM.20090206.wrmadoffcanada06/BNStory/Business/home">The Canadian link to Bernard Madoff is becoming clear</a><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.bloomberg.com/apps/news%3Fpid%3D20601103%26sid%3Da8Pw8wT2dhH4%26refer%3Dus&ct=ga&cd=Tu2_04uNdj4&usg=AFQjCNFZQhqDljRYBHuhZuewc8jc0882gA" target="_blank"> Madoff Marketer Met With UK’s Prince Charles, Markopolos Says</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://uk.reuters.com/article/marketsNewsUS/idUKN0538448620090205&ct=ga&cd=Tu2_04uNdj4&usg=AFQjCNFA8z9Ftxp0OyKCW52sjt096omVZA" target="_blank"></a><a style="font-weight: bold; font-family: verdana;" href="http://www.cnbc.com/id/29038235">US law firm files Madoff class action in New York</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.nytimes.com/2009/02/06/sports/baseball/06mets.html%3Fref%3Dsports&ct=ga&cd=Tu2_04uNdj4&usg=AFQjCNFaaLHx9TISPjFcxUjFeTJLjlTT7w" target="_blank">Notable on Madoff List, Mets Say They’re Fine</a><br /><br /><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://www.youtube.com/watch?v=uw_Tgu0txS0&eurl=">Markopolos RIPS SEC - C-SPAN - part 1</a><br /><a href="http://www.youtube.com/watch?v=06vrqMJd2NQ&eurl=">Markopolos RIPS SEC - C-SPAN - part 2</a><br /><br /></span><a rel="nofollow" style="color: blue; font-weight: bold; font-family: verdana;" target="_blank" href="http://seattletimes.nwsource.com/html/businesstechnology/2008709105_madoff05.html"> <span class="yshortcuts" id="lw_1233924195_14">SEC's failure to catch Madoff baffles panel</span></a><br /><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://www.cnbc.com/id/29030647&ct=ga&cd=QRz62fUarAA&usg=AFQjCNE4UkkG0ARncWGnALonX5iE9Dj7ag" target="_blank">Greatest Sports Deal Undone ... By Madoff?</a><br /><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://www.theday.com/re.aspx%3Fre%3D81f87a78-2fff-40b2-8ec6-62c971e4ff6a&ct=ga&cd=QRz62fUarAA&usg=AFQjCNGGoTWRRAuLIX4tXfO7pm-bDtsgdg" target="_blank">Lawmakers accuse SEC of hindering Madoff probe</a><br /><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.google.com/url?sa=X&q=http://www.truthout.org/020509N&ct=ga&cd=QRz62fUarAA&usg=AFQjCNGQBdOqhBZp8UftQPbVI88dIVCNHQ" target="_blank">SEC's Madoff Miss Fits Pattern Set With Pequot</a><br /><a rel="nofollow" style="color: blue; font-family: verdana; font-weight: bold;" target="_blank" href="http://dealbook.blogs.nytimes.com/2009/02/04/how-to-run-a-financial-fraud/"><span class="yshortcuts" id="lw_1233873977_15">How to Run a Financial Fraud </span></a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://meganmcardle.theatlantic.com/archives/2009/02/the_madoff_fallout_continues.php&ct=ga&cd=fEu78b-RO2s&usg=AFQjCNGxKGvkqLQYSxscMhKI2d9M7x3U_w" target="_blank">The Madoff fallout continues</a><br /><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://blogs.jta.org/philanthropy/article/2009/01/29/1002636/jewish-foundations-lost-at-least-23-billion-with-madoff">Jewish foundations lost at least $2.3 billion with Madoff</a><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://blogs.jta.org/philanthropy/article/2009/02/02/1002705/commentary-madoff-exposes-the-real-fail&ct=ga&cd=fEu78b-RO2s&usg=AFQjCNHX4AoXqA51HU7Pq-whq6Mhocy4Yg" target="_blank">Madoff exposes the real failings of the Jewish world</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.bostonherald.com/business/general/view/2009_02_03_Man_who_warned_about_Bernard_Madoff_to_testify/srvc%3Dbusiness%26position%3Dalso&ct=ga&cd=TKhS-C9MGH0&usg=AFQjCNHz-ebmUwh0a4GXt7PJBtQ4-mk_rQ" target="_blank">Man who warned about Bernard Madoff to testify</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://trendsupdates.com/madoff-the-broker-of-greed-and-the-myth-of-the-pyramid/&ct=ga&cd=J9z8L43z4wY&usg=AFQjCNGdhgwlplQAdfsJ12coUAD8ziJ5Zg" target="_blank">Madoff: The Broker of Greed and the Myth of the Pyramid </a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.finalternatives.com/node/6826&ct=ga&cd=J9z8L43z4wY&usg=AFQjCNHupirNmze-9HmRw4Xp61GD_MhQqQ" target="_blank">Reporter Arrested At Madoff’s Front Door</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://themessthatgreenspanmade.blogspot.com/2009/02/inside-bernie-madoffs-offices.html&ct=ga&cd=tWLxEQtyIJE&usg=AFQjCNH35mCzdsR7HIgLgJbEN1JxGQpC6w" target="_blank">Inside Bernie Madoff's Offices</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://exposecorruptcourts.blogspot.com/2009/02/dreier-bail-decision-by-friday-madoff.html&ct=ga&cd=tWLxEQtyIJE&usg=AFQjCNHnXrGcFrz0H8atDJlDVw4TUQm1FA" target="_blank">Expose Corrupt Courts: Dreier Bail Decision by Friday; Madoff ...</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.huffingtonpost.com/2009/02/03/harry-markopolos-madoff-w_1_n_163759.html&ct=ga&cd=tWLxEQtyIJE&usg=AFQjCNFq3jGS1SsN6Fb-M9NyJYSfUp0Y6w" target="_blank">Harry Markopolos, Madoff Whistleblower, Feared for His Safety</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.securitiesdocket.com/2009/02/03/report-3-million-madoff-victims/&ct=ga&cd=tWLxEQtyIJE&usg=AFQjCNG1ZrrllCjxE8H5bEcsJKaojjmSXw" target="_blank">Report: 3 Million Madoff Victims</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.msnbc.msn.com/id/28940752/&ct=ga&cd=W40bL4N6mDQ&usg=AFQjCNEtHEmJft-em3-sDVeFEkBLMG-YWA" target="_blank">Mich. Teens Say They Pranked Madoff</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.zmag.org/zmag/viewArticle/20443&ct=ga&cd=W40bL4N6mDQ&usg=AFQjCNHcRbrxV4jdPvESp4PAA8NsAUn9EQ" target="_blank">Petras: Bernard Madoff</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.financial24.org/north-america/u-s--court-asked-to-halt-santanders-madoff-payout/&ct=ga&cd=Q4JpDjXutzg&usg=AFQjCNFHx554y6UItWtkJAc0bmjts_UYhQ" target="_blank">U.S. court asked to halt Santander's Madoff payout </a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.finalternatives.com/node/6810&ct=ga&cd=Q4JpDjXutzg&usg=AFQjCNFw-TkxvtyNRu8_k5S7Qd2qYGcudQ" target="_blank">Madoff Liquidator Gets $535M In Brokerage Assets</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://dealbook.blogs.nytimes.com/2009/02/02/hedge-fund-sues-auditors-over-madoff-reports/&ct=ga&cd=Q4JpDjXutzg&usg=AFQjCNHgTf5QwB1bYkzaBRKGMebR0zmGPw" target="_blank">Hedge Fund Sues Auditors Over Madoff Reports </a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.news42day.com/2009/01/bernie-madoff-bodyguard-to-quit/&ct=ga&cd=G9KyZfH-aPs&usg=AFQjCNF-thgfVWssMbNmTJgUvZxAyLWXCQ" target="_blank">Bernie Madoff bodyguard to quit</a><br /><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="font-weight: bold; font-family: verdana;" href="http://www.busrep.co.za/index.php?fSectionId=561&fArticleId=4819138">How Madoff's Ponzi scheme was unravelled</a><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.thelangreport.com/behavior-doesnt-lie/bernard-madoff-another-layer-of-the-onion-is-peeled-away/&ct=ga&cd=G9KyZfH-aPs&usg=AFQjCNEaJw5y3uwFkypjCT3EIjUDibWp8A" target="_blank">Bernard Madoff - Another Layer "of the Onion" is Peeled Away</a><br /><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://wcbstv.com/national/madoff.ponzi.scheme.2.888036.html">Madoff investors getting bailout</a></span>sbkshttp://www.blogger.com/profile/11534262673439163674noreply@blogger.com0tag:blogger.com,1999:blog-20033377.post-67265660376300521942008-12-13T06:55:00.000-08:002009-02-02T16:24:20.182-08:00SPECIAL MADOFF<span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://real-wealth-society.blogspot.com/2009/02/special-madoff-feb-2009.html">To February Headlines</a><br /><br /><br />WEEK: 01/25-01/31</span><br /><a rel="nofollow" style="color: blue; font-weight: bold; font-family: verdana;" target="_blank" href="http://www.guardian.co.uk/business/2009/jan/30/madoff-mercedes"> <span class="yshortcuts" id="lw_1233425823_2">Bulletproof Madoff</span></a><br /><a rel="nofollow" style="color: blue; font-weight: bold; font-family: verdana;" target="_blank" href="http://www.independent.co.uk/news/business/analysis-and-features/the-madoff-files-bernies-billions-1518939.html"><span class="yshortcuts" id="lw_1233425455_24">The Madoff files: Bernie's billions</span></a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://nymag.com/daily/entertainment/2009/01/young_jeezy_vs_bernie_madoff.html&ct=ga&cd=ohb9Su_6uNU&usg=AFQjCNEO5R0Mr6_j113mrctqQVO8AWEy3g" target="_blank">Young Jeezy vs. Bernie Madoff </a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://dealbook.blogs.nytimes.com/2009/01/30/in-jail-for-fraud-inmate-claims-madoff-cheated-him/%3Fhp&ct=ga&cd=OUfH8syuC_g&usg=AFQjCNEvPMXIyKMKc1GxZ5cIPqTO7IFUZg" target="_blank">In Jail for Fraud, Inmate Claims Madoff Cheated Him</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://kristof.blogs.nytimes.com/2009/01/29/madoff-and-americas-poorer-foundations/%3Fhp&ct=ga&cd=ziqalT8-PGs&usg=AFQjCNG9s-xV5iBcxKoatUcGuFIqpum4PQ" target="_blank"> Madoff and America’s (poorer) Foundations</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://money.blogdig.net/archives/articles/January2009/29/Madoff_results_were_impossible_to_replicate.html&ct=ga&cd=KgVnDSGU6yY&usg=AFQjCNEdWswt-7zDOGpg8pUICzRx8oF1sw" target="_blank"> Madoff results were impossible to replicate</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.wptv.com/news/local/story/Psychologist-profiles-Madoff/4D_Vqg07mkSS016EINjNfw.cspx%3Frss%3D762&ct=ga&cd=KgVnDSGU6yY&usg=AFQjCNGUocgqNApWrhO61P0QK0hMuBMGHA" target="_blank">Psychologist profiles Madoff </a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.democraticunderground.com/discuss/duboard.php%3Faz%3Dview_all%26address%3D102x3712483&ct=ga&cd=KgVnDSGU6yY&usg=AFQjCNEewgKltmGYIa9N9BrNXhFmskzozA" target="_blank">JPMorgan Exited Madoff-Linked Funds Last Fall </a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.huffingtonpost.com/2009/01/29/jpmorgan-pulled-out-of-ma_n_162124.html&ct=ga&cd=KgVnDSGU6yY&usg=AFQjCNFgu2925uzEdwrGzDcoWhFzGS3Nsg" target="_blank">JPMorgan Pulled Out Of Madoff Funds In Fall 2008: What Did They Know?</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://money.cnn.com/2009/01/27/news/economy/madoff_senate/%3Fpostversion%3D2009012809&ct=ga&cd=jPrtb8iqs2Y&usg=AFQjCNH8A80xwbklAf7S6F1HcF5Q8rPczQ" target="_blank"> Madoff: SEC defends its role</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.google.com/hostednews/ap/article/ALeqM5hnkPe640MG8WMCAvAwv5GqtqxsOAD960GMDO0&ct=ga&cd=jPrtb8iqs2Y&usg=AFQjCNFGIlFP9lukh736_YarNgE1V1AL8w" target="_blank">Bernard Madoff paper trail leads to NYC warehouse</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.politicalbyline.com/2009/01/27/is-bernard-madoffs-wife-an-accessory-to-a-crime/&ct=ga&cd=ky-vQIGYkVw&usg=AFQjCNEZ02u-2W2UHCS_waP0en6EaEHz8Q" target="_blank">Is Bernard Madoff’s Wife an accessory to a crime?</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/url?sa=X&q=http://www.salon.com/wires/ap/2009/01/27/D95VP8K00_madoff__not_our_fault/&ct=ga&cd=ky-vQIGYkVw&usg=AFQjCNEyj2vnGZSbJQvUCmuP7RbDcVs0Mg" target="_blank">SPIN METER: Congress missed SEC napping on Madoff </a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://dealbook.blogs.nytimes.com/2009/01/27/live-blogging-the-senates-madoff-hearing/?ref=business" target="_blank">Live-Blogging the Senate’s Madoff Hearing</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloggingstocks.com/2009/01/27/madoff-investors-not-so-innocent-after-all/print/" target="_blank"> Madoff investors: Not so innocent after all</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.nytimes.com/2009/01/28/business/worldbusiness/28santander.html" target="_blank">Santander Reimburses Clients Who Lost Money With Madoff</a><br /><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://pajamasmedia.com/blog/bernie-madoffs-gullible-investors-and-guileless-regulators/">Bernie Madoff’s Gullible Investors and Guileless Regulators</a><br /><a href="http://www.washingtontimes.com/news/2009/jan/27/ignorance-is-not-bliss/">Ignorance is not bliss</a><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://wire.antiwar.com/2009/01/27/many-fruitless-probes-into-madoff/" target="_blank">Many fruitless probes into Madoff</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://blogs.wsj.com/wealth/2009/01/27/trust-fund-kids-strike-back-at-madoff/" target="_blank">Trust-Fund Kids Strike Back at Madoff</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.vanityfair.com/politics/features/2009/01/madoff200901" target="_blank">Madoff in Manhattan</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloggingstocks.com/2009/01/26/zsa-zsa-gabor-lost-up-to-10-million-with-madoff/" target="_blank">Zsa Zsa Gabor lost up to $10 million with Madoff</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601087&sid=aYRfIKtG_5wQ&refer=home" target="_blank"> Madoff Associate Ordered by Court to Attend Interview</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://themoderatevoice.com/25973/signs-madoffs-victims-are-flushed-with-anger/" target="_blank">Signs Madoff’s Victims Are Flushed With Anger</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.commercialappeal.com/news/2009/jan/25/madoff-profits-safety-in-doubt/" target="_blank">Bayou Group Ponzi scheme case poses questions for Madoff investors</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloggingstocks.com/2009/01/25/is-madoff-a-psychopath/print/" target="_blank">Is Madoff a psychopath?</a><br /><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /><br />WEEK: 01/19-01/24</span><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.cnbc.com/id/28816816" target="_blank">Madoff Movie Takes On "Slumdog Millionaire"</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.nytimes.com/2009/01/25/business/25bernie.html?ref=business" target="_blank">The Talented Mr. Madoff</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.latimes.com/business/la-fi-perfin25-2009jan25,0,4912786.column" target="_blank">Moral of the Madoff scandal: Check out financial advisors</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.foxnews.com/story/0,2933,481856,00.html" target="_blank">Larry King the Latest Big Loser in Bernie Madoff Scandal</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.thomsonimnews.com/story.asp?sectioncode=&storycode=49405" target="_blank">US SEC needs complete overhaul after Madoff</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://broadcatching.wordpress.com/2009/01/22/not-just-super-rich-getting-destroyed-by-the-madoff/" target="_blank">Not Just Super Rich Getting Destroyed By “The Madoff</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.cnbc.com/id/28775984" target="_blank">SEC Charges Missing Florida Fund Manager </a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://newscottage.blogspot.com/2009/01/jews-struggle-to-come-to-grips-with.html" target="_blank">Jews struggle to come to grips with Madoff</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://blogs.usatoday.com/ondeadline/2009/01/millionaire-wid.html" target="_blank">Millionaire widow cleans houses after losing Madoff investment</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://money.cnn.com/2009/01/22/news/companies/madoff_tradingfiction/?postversion=2009012214" target="_blank"> Madoff's trading fiction</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://dealbook.blogs.nytimes.com/2009/01/22/trustee-wants-to-dump-madoffs-luxury-auto-fleet/?hp" target="_blank">Trustee Wants to Ditch Madoff’s Fleet of Luxury Autos</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601039&refer=columnist_sesit&sid=aKBGTQV2iRig" target="_blank"> Madoff Shows Banks Must Become Whistleblowers</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://online.wsj.com/article/SB123264877263106877.html?mod=article-outset-box" target="_blank">Exception Is Sought for Some Madoff Cash</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://online.wsj.com/article/SB123267210646108493.html" target="_blank">Probers Work Backward on Madoff</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.boston.com/business/ticker/2009/01/broker_with_tie.html" target="_blank">Broker with ties to Madoff will miss 2d state hearing</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.law.com/jsp/tal/digestTAL.jsp?id=1202427589970" target="_blank">The Latest in Madoff Madness: New York Judge Denies Plaintiffs</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/hostednews/ap/article/ALeqM5hDBnYMvqsXCeFUapq9EiVBlNtiyQD95R4CD05" target="_blank">Paris prosecutors open probe into Madoff fraud</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.finalternatives.com/node/6671" target="_blank">Madoff’s Nephew Forced To Sell Home</a><br /><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://www.nytimes.com/2009/01/17/business/17ponzi.html?_r=1&partner=rss&emc=rss">1992 Ponzi Case Missed Signals About Madoff</a><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.salon.com/wires/ap/business/2009/01/21/D95RI72O0_eu_luxembourg_madoff/" target="_blank">Madoff-hit Luxembourg funds halt redemptions </a><br /><a style="font-weight: bold; font-family: verdana;" href="http://kolber.typepad.com/ethics_law_blog/2009/01/satel-on-overusing-neuroscience.html">How did so many smart people fall for Bernard Madoff's Ponzi scheme?</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.palmbeachpost.com/localnews/content/business/epaper/2009/01/19/a6b_madofflawyers_0120.html" target="_blank"> Madoff case a boon for law firms</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.ohio.com/business/37809714.html" target="_blank">Readers outraged by Madoff scandal's damage</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.jpost.com/servlet/Satellite?cid=1232265973262&pagename=JPost%2FJPArticle%2FShowFull" target="_blank"> Madoff 'curse' dwarfs terrorist rockets for US Jews</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601086&sid=ayRns43x1rNc&refer=latin_america" target="_blank">Brazilians Lost ‘Millions’ in Madoff Funds</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://business.theage.com.au/business/madoff-ties-were-never-pursued-20090118-7k18.html" target="_blank"> Madoff ties were never pursued</a><a style="font-weight: bold; font-family: verdana;" href="http://www.counterpunch.org/martens01152009.html"><br /></a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="font-weight: bold; font-family: verdana;" href="http://www.counterpunch.org/martens01152009.html">Wall Street Powerhouses Invested Alongside Madoff </a><br /><br /><br /><br />WEEK: 01/11- 01/17<br /></span><h3 style="font-weight: bold; font-family: verdana;"><a href="http://www.guardian.co.uk/business/2009/jan/08/bernard-madoff-corporatefraud" name="&lid={trailItemImageAndTrailText}{Madoff had $173m in cheques in office, say prosecutors}&lpos={trail}{1}" class="link-text"></a></h3><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://uk.reuters.com/article/burningIssues/idUKTRE50903F20090110" target="_blank"> </a><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601103&sid=aqgdee8YGJ7M&refer=us" target="_blank"> </a><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://money.cnn.com/2009/01/16/magazines/fortune/madoff_mother.fortune/?postversion=2009011615" target="_blank"> </a><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.nytimes.com/2009/01/18/fashion/18madoff.html" target="_blank">Bernie Madoff, Frat Brother</a><br /><a style="font-weight: bold; font-family: verdana;" href="http://blogs.bnet.com/salesmachine/?p=714&page=2">Madoff’s “How To Sell” Business Book!!!</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://money.cnn.com/2009/01/16/magazines/fortune/madoff_mother.fortune/?postversion=2009011615" target="_blank">Madoff's mother tangled with the feds</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://online.wsj.com/article/SB123203153986385717.html" target="_blank">Cuomo Subpoenas Madoff Investor</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://online.wsj.com/article/SB123203844387786085.html" target="_blank">Schapiro Pledges Vigilance as SEC Chief</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bizjournals.com/stlouis/stories/2009/01/12/daily77.html" target="_blank">Mo. employee retirement fund takes $3.5M hit from Madoff</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601087&sid=aPGwNAZOekuY&refer=home" target="_blank">Morgan Stanley, Citigroup Clients Said to Invest in Madoff Fund</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601087&sid=aDFn38HrL4Ug&refer=home" target="_blank">Madoff Brokerage May Fetch No More Than $10 Million</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.foxnews.com/story/0,2933,480077,00.html" target="_blank"> Madoff-Swindled Kevin Bacon Admits 'I Need To Work'</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://gothamist.com/2009/01/14/advice_for_bernard_madoff.php" target="_blank">Advice for Bernard Madoff - Gothamist</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.finalternatives.com/node/6616" target="_blank">Man Plans Madoff Lawsuits</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://dealbook.blogs.nytimes.com/2009/01/14/madoff-picture-of-the-day/" target="_blank">Madoff’s Fashion Statement: a Bullet-Proof Vest</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://gawker.com/5131297/madoff-mayhem-in-the-intersection" target="_blank">Madoff Mayhem in the Intersection!</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.financialpost.com/story.html?id=1176887" target="_blank"> Madoff remains free as second judge rejects bid to jail him</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.nytimes.com/2009/01/17/business/17ponzi.html?ref=business" target="_blank">’92 Ponzi Case Missed Signals About Madoff</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.nytimes.com/2009/01/17/arts/17yivo.html" target="_blank">But Is Madoff Not So Good for the Jews? Discuss Among Yourselves</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601087&sid=at6HysEO2EVQ&refer=home" target="_blank">HSBC, UBS May Be Liable on Madoff as Fund Custodians</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.nytimes.com/2009/01/15/business/15cook.html" target="_blank">A Madoff Cookbook Has a Secret, Too</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://online.wsj.com/article/SB123195892891982219.html?mod=googlenews_wsj" target="_blank">Lawyers Seek to Keep Madoff Free</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/hostednews/ap/article/ALeqM5jBRym6lmLY--K_33CMu-wm3uqXDQD95MTOO01" target="_blank">Spain: prosecutor probing Madoff fraud</a><br /><a style="font-weight: bold; font-family: verdana;" href="http://www.freerepublic.com/focus/f-news/2165015/posts">Madoff Might Not Have Made Any Trades</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://jontaplin.com/2009/01/13/was-bernie-madoff-a-mafia-front/" target="_blank">Was Bernie Madoff a Mafia Front?</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.catholicnewsagency.com/new.php?n=14767" target="_blank">Planned Parenthood cuts staff after Madoff scandal causes funding loss</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.cnbc.com/id/28652235" target="_blank">Biggest Listed Hedge Fund to Sue over Madoff Exposure </a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://money.cnn.com/2009/01/13/news/newsmakers/ponzi.jail.fortune/?postversion=2009011312" target="_blank">What Madoff could learn from Ponzi</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601101&sid=ak0NT0ZNwoeI&refer=japan" target="_blank">Hedge Funds Post Record $350 Billion Loss in 2008 Amid Turmoil</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601087&sid=a_AAUSc2mH48&refer=home" target="_blank"> Madoff Associate Fails to Make Massachusetts Hearing</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://news.morningstar.com/article/article.asp?id=270549" target="_blank"> Madoff and Mutual Funds</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601087&sid=awlbymcqcFqA&refer=home" target="_blank">Cuomo Probing Charity Fraud Tied to Madoff Scandal</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://foxforum.blogs.foxnews.com/2009/01/12/miller_madoff/" target="_blank">The Trouble With Bernie: Nine Ways to Avoid a Madoff When You Meet Him</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.time.com/time/business/article/0,8599,1871173,00.html" target="_blank">Bernie Madoff's Victims: Why Some Have No Recourse</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.huffingtonpost.com/laurence-leamer/will-someone-kill-bernie_b_157261.html" target="_blank">Will Someone Kill Bernie Madoff?</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601085&sid=aFF5K1vrqew0&refer=europe" target="_blank"> Madoff Sparks French Fund Lawsuit to Pry EU30 Million From UBS</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601103&sid=aqgdee8YGJ7M&refer=us" target="_blank">Madoff’s Freedom Ignites Rage of Neighbors Who Want Him Jailed</a><br /><a style="font-weight: bold; font-family: verdana;" href="http://www.guardian.co.uk/business/2009/jan/13/madoff-bail-decision">Bernard Madoff avoids jail</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.eatmedaily.com/2009/01/ruth-madoffs-cookbook-got-shut-down-for-trademark-infringement-scandal/" target="_blank">Ruth Madoff’s Cookbook Got Shut Down for Trademark Infringement</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.huffingtonpost.com/2009/01/12/bernie-madoff-jail-hearin_n_157049.html" target="_blank">Jail or penthouse? NY judge to rule on Madoff bail</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.reuters.com/article/vcCandidateFeed2/idUSTRE50A1SP20090111" target="_blank">Obama's SEC pick could face bumpy ride over Madoff</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.nytimes.com/2009/01/12/nyregion/12bigcity.html?ref=nyregion" target="_blank"> Madoff Apologizes to Neighbors for the Ultimate Co-Op Crime</a><br /><a style="font-weight: bold; font-family: verdana;" href="http://www.freerepublic.com/focus/f-news/2163184/posts">Half of Madoff loss borne by foreigners</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://uk.reuters.com/article/burningIssues/idUKTRE50903F20090110" target="_blank">Madoff whistleblower wants to be left alone</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.news.com.au/heraldsun/story/0,21985,24894952-664,00.html" target="_blank">Bernard Madoff - chaos still emerging</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.washingtonpost.com/wp-dyn/content/article/2009/01/10/AR2009011000239.html" target="_blank">Ponzi's Original Swindle</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.msnbc.msn.com/id/28585680/" target="_blank">"</a><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.msnbc.msn.com/id/28585680/" target="_blank">That union money is gone"</a><br /><span style="font-size:100%;"><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://network.nationalpost.com/np/blogs/fullcomment/archive/2009/01/09/terence-corcoran-the-real-madoff-game.aspx" target="_blank">The real Madoff game </a></span><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://dealbook.blogs.nytimes.com/2009/01/09/madoff-gets-one-more-weekend-without-bars/" target="_blank">Madoff Gets One More Weekend Without Bars</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.current-news.org/marketsnews/hellishly-hot-sauce-dedicated-to-bernard-madoff" target="_blank">“Hellishly hot” sauce dedicated to Bernard Madoff </a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.419legal.org/general-fraud-news/54198-bernard-madoff-pair-among-fraud-victims-times-online.html" target="_blank">Bernard Madoff pair among fraud victims</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://rsmccain.blogspot.com/2009/01/bernie-madoff-pro-lifer.html" target="_blank">The Other McCain: Bernie Madoff, pro-lifer?</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.politico.com/news/stories/0109/17252.html" target="_blank">Brace for more Madoff scandals</a><br /><a style="font-weight: bold; font-family: verdana;" href="http://www.guardian.co.uk/business/2009/jan/08/bernard-madoff-corporatefraud">Madoff 'had $173m in cheques in office'</a><br /><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://www.nytimes.com/2009/01/10/business/10madoff.html?partner=rss&emc=rss">New Timing on Madoff’s Confession</a><br /><a href="http://www.foxnews.com/story/0,2933,479154,00.html">Report: Madoff's Sister Among Scammed Victims</a><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://www.foxnews.com/story/0,2933,478326,00.html">'Victims' of Madoff Scandal Do Math, Realize They Profited</a><br /><br /><br />WEEK: 01/04- 01/10</span><br /><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://blogs.browardpalmbeach.com/pulp/2009/01/bernie_madoff_crony_michael_bienes_abruptly_resigns.php">Madoff Crony Ezra Merkin Resigns as GMAC Chairman </a><br /><a href="http://blackstarnews.com/?c=135&a=5299">Here's Why Madoff Smiles</a></span><br /><a style="font-weight: bold; font-family: verdana;" href="http://www.freerepublic.com/focus/f-news/2161980/posts">Madoff Crony Abruptly Resigns From Broward Arts Center</a><br /><a style="font-family: verdana; font-weight: bold;" href="http://www.businessweek.com/magazine/content/09_02/b4115024163467.htm?chan=top+news_top+news+index+-+temp_top+story">How Madoff Is Burning the SEC (SEC circa 1992)</a><br /><a style="font-weight: bold; font-family: verdana;" href="http://www.officialwire.com/main.php?action=posted_news&rid=83161&catid=10">Madoff Trail Leads to Washington</a><br /><a style="font-weight: bold; font-family: verdana;" href="http://www.freerepublic.com/focus/f-news/2162020/posts">Madoff’s [Nantucket] island ties </a><br /><a style="font-weight: bold; font-family: verdana;" href="http://www.freerepublic.com/focus/f-news/2162097/posts">Madoff Brother, at Arm's Length?</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.nytimes.com/2009/01/10/business/10gmac.html?ref=business" target="_blank">GMAC Chairman With Ties to Madoff Steps Down</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://news.bbc.co.uk/2/hi/uk_news/scotland/7820824.stm" target="_blank"> Madoff affair 'needs Scots probe'</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.cnn.com/2009/CRIME/01/09/madoff.alexandra.penney/" target="_blank">'Madoff-ed' best-selling writer back at work</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601082&sid=aCKdALErdAq8&refer=canada" target="_blank">Mackenzie Hedge Fund Loses Money With Madoff, Globe Says</a><br /><span style="font-weight: bold;font-family:times new roman,times,sans serif;" ><span style="font-size:100%;"><strong><span class="headlineWrapper"></span></strong></span></span><span style="font-weight: bold;font-family:times new roman,times,sans serif;" ><span style="font-size:100%;"><strong><a rel="nofollow" target="_blank" href="http://www.nytimes.com/2009/01/10/business/10madoff.html?th&emc=th">New Timing on Madoff’s Confession</a></strong></span></span><span style="font-weight: bold;font-family:times new roman,times,sans serif;" ><span style="font-size:100%;"><strong></strong></span></span><br /><a style="font-weight: bold; font-family: verdana;" href="http://www.time.com/time/business/article/0,8599,1870050,00.html?iid=tsmodule">Where Has Bernie Madoff Buried His Loot?</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.huffingtonpost.com/joanne-bamberger/when-it-comes-to-bernie-m_b_156321.html" target="_blank">When it Comes to Bernie Madoff, Congress is More ...</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://blogs.wsj.com/law/2009/01/08/madoff-the-most-trusted-name-in-securities-law/" target="_blank">Madoff, the Most Trusted Name in Securities ...</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.huffingtonpost.com/2009/01/08/madoff-scandal-hits-labor_n_156345.html" target="_blank"> Madoff Scandal Hits Labor Union Pension Funds</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://dealbook.blogs.nytimes.com/2009/01/08/marc-rich-among-those-facing-madoff-losses/" target="_blank">Marc Rich Among Those Facing Madoff Losses</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.newsdaily.com/stories/n08196220-us-madoff-video/" target="_blank">Accused swindler Madoff "warm and charming": report</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://money.cnn.com/2009/01/08/news/newsmakers/madoff_checks/" target="_blank">Prosecutors: Madoff tried to protect $300M</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.forbes.com/business/2009/01/08/ponzi-fraud-sec-biz-wall_cx_lm_0108ponzi.html" target="_blank">Another Day, Another Ponzi</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.kansascity.com/449/story/970891.html" target="_blank">Madoff scam seemed hard to miss</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://blogs.wsj.com/deals/2009/01/08/evening-reading-three-cases-of-madoff-anger-syndrome/" target="_blank">Three Cases of Madoff Anger Syndrome</a><br /><span style=";font-family:verdana;font-size:100%;" ><a style="color: blue; font-weight: bold;" href="http://www.thecrimson.com/article.aspx?ref=526059" target="_blank">The Harvard Crimson Grant Foundation Hit in Madoff Scheme</a><br /><a style="color: blue; font-weight: bold;" href="http://www.salon.com/wires/ap/business/2009/01/07/D95IKK200_madoff_scandal/" target="_blank">Debate rages over whether Madoff should be in jail</a><br /><a style="color: blue; font-weight: bold;" href="http://articles.moneycentral.msn.com/Investing/Extra/madoff-and-me-one-victim-s-story.aspx" target="_blank">Madoff and me: 1 victim's story </a><br /><a style="color: blue; font-weight: bold;" href="http://www.alternet.org/workplace/118049/was_our_whole_economy_one_giant_ponzi_scheme/" target="_blank">Was Our Whole Economy One Giant Ponzi Scheme?</a></span><br /><span style=";font-family:verdana;font-size:100%;" ><a style="font-weight: bold;" href="http://www.iht.com/articles/2009/01/07/business/07medici.php">Madoff ties bring down a brash Viennese banker</a></span><span style="font-weight: bold;font-family:Arial,Helvetica,Geneva,Sans-serif,sans-serif;font-size:100%;" > </span><span style=";font-family:verdana;font-size:100%;" ><br /><a style="font-weight: bold;" href="http://www.libertypost.org/cgi-bin/readart.cgi?ArtNum=251551">'The Rabbi' who was pivotal in fundraising</a></span><br /><a style="font-weight: bold; font-family: verdana;" href="http://www.nytimes.com/2009/01/07/business/07medici.html?partner=rss&emc=rss">Austria’s ‘Woman on Wall St.’ and Madoff</a><br /><a style="font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601087&sid=aXOSNFewknAk&refer=home" id="s-LqSQtqS_vGRGGo2WLU1XIg:u-AFQjCNFM59W12rkoWUkIRsjFjGcCchiVGg:r-6_1287317911">Harley International Fund Said to Have Invested With Madoff</a><br /><a style="font-weight: bold; font-family: verdana;" href="http://www.latimes.com/business/la-fi-madoff7-2009jan07,0,3608953.story" id="s-yP_Vq2UMpLYRmcPQ7nMWeQ:u-AFQjCNHS6Iv_8QIeAy58TVBL0sPAZf3LcQ:r-2_1287317878">Bernard Madoff investors may begin recovering funds in a month</a><br /><a style="font-weight: bold; font-family: verdana;" href="http://online.wsj.com/article/SB123129835145559987.html?mod=special_page_campaign2008_mostpop" id="s-LpkOPDNWrlpF7OBhMK8eoA:u-AFQjCNHXzuaGoUqiSxlkTdJQIrFz-OWA9g:r-1_1287751455">Madoff Tried to Stave Off Firm's Crash</a><br /><a style="font-weight: bold; font-family: verdana;" href="http://money.cnn.com/2009/01/07/news/newsmakers/madoff/?postversion=2009010714" id="s-bSpBeHbm-oRs50l0wyQIzg:u-AFQjCNHCy-B-XId3gJbs6PLwJneBGDoapg:r-0_1287749663">Madoff should be jailed - US</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.huffingtonpost.com/2009/01/07/madoff-received-250-milli_n_155800.html" target="_blank"> Madoff Received $250 Million Ten Days Before Firm's Crash</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://dealbook.blogs.nytimes.com/2009/01/07/ny-judge-restrains-merkin-funds-in-madoff-lawsuit/" target="_blank">N.Y. Judge Restrains Merkin Funds In Madoff Lawsuit </a><br /><a style="font-weight: bold; font-family: verdana;" href="http://www.portfolio.com/news-markets/national-news/reuters/2009/01/05/thousands-of-claim-forms-sent-to-madoff-customers">Thousands of claim forms sent to Madoff customers</a><br /><a style="font-weight: bold; font-family: verdana;" href="http://www.freerepublic.com/focus/f-news/2159559/posts">Welcome to Ponzi purgatory</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://www.freerepublic.com/focus/f-news/2159669/posts"><br />Madoff Chasers Dug for Years, to No Avail</a><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloggingstocks.com/2009/01/05/how-madoff-suckered-an-expert-on-gullibility/" target="_blank">How Madoff suckered an expert on gullibility</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.portfolio.com/views/blogs/market-movers/2009/01/05/how-did-madoff-fool-the-sec?tid=true" target="_blank">How Did Madoff Fool the SEC?</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.huffingtonpost.com/2009/01/05/bernie-madoff-leaves-apar_n_155347.html" target="_blank">Bernie Madoff Leaves Apartment, Headed To Bail Hearing (VIDEO)</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.salon.com/wires/ap/2009/01/06/D95HH5G00_congress_madoff/" target="_blank">Madoff scandal, SEC role under scrutiny</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601087&sid=a1AmffzgHSnc&refer=home" target="_blank">US Seeks to Imprison Madoff for $1 Million Transfer</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://feeds.voices.washingtonpost.com/click.phdo?i=67eafa41253db4bcd3a052c6657ba09c" target="_blank"> Madoff Gets Break As Lawmakers Hammer SEC</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601087&sid=aoz7nhwGqvK0&refer=home" target="_blank"> Madoff Remains Free as Judge Considers Prison Request</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601103&sid=aRUImQ8ix_lU&refer=us" target="_blank">Congress Demands SEC Speed Madoff Inquiry to Improve Oversight</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.nytimes.com/2009/01/06/business/06madoff.html?ref=us" target="_blank">Prosecutors Want Madoff’s Bail Revoked</a><br /><span style="font-size:100%;"><a style="font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601087&sid=aRLjsVfmRQ64&refer=home">Madoff's Sons Told U.S. Prosecutors About Transfer of Jewelry, Lawyer Says</a></span><br /><span style="font-size:100%;"><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.cnbc.com/id/28502044" target="_blank">SEC Watchdog to be Questioned about Madoff Scandal</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://dealbook.blogs.nytimes.com/2009/01/05/regulators-said-to-probe-madoff-eight-times-over-16-years/" target="_blank">Regulators Said to Probe Madoff Eight Times Over 16 Years</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.salon.com/wires/ap/2009/01/05/D95GTMCO3_house_madoff/" target="_blank">SEC watchdog to be questioned about Madoff scandal</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.cjr.org/the_audit/journal_finds_more_regulatory.php" target="_blank">Journal Finds More Regulatory Failures on Madoff : CJR</a></span><br /><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://freedom4um.com/cgi-bin/readart.cgi?ArtNum=93260">We are all Madoff investors</a><br /><a href="http://www.freerepublic.com/focus/f-news/2158779/posts">Wall Street ‘red light’ on Madoff</a><br /><a href="http://www.slate.com/id/2207792/">How Palm Beach's ultrarich are recovering from the financial scandal</a><br /><a href="http://www.cnbc.com/id/28471897">Madoff 's Victims Unlikely To Recover Much Money</a><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://www.google.com/hostednews/ap/article/ALeqM5gnse1qcZ2fYQSZxDk0D6z2MJB2YAD95GTPLO0" id="s-_BfodrJY2gZN6-eH6CmCFA:u-AFQjCNGC8R8GKjuXZg905aU6xSUx4pYQjw:r-5_0">SEC watchdog to be questioned about Madoff scandal</a><br /><a href="http://www.marketwatch.com/news/story/Madoff-probed-regulators-least-8/story.aspx?guid=%7BDDF06EC2-AA80-4A5F-AB53-B5B7893345A3%7D" id="s-zqquPIMwFc-hlKS5UUKreQ:u-AFQjCNElLmx_rNvfd0U4ry_xn-oUMq3_hA:r-4_0">Madoff probed by regulators at least 8 times: WSJ</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://www.bloomberg.com/apps/news?pid=20601103&sid=awtWspVB8cng&refer=us" class="l" onmousedown="return rwt(this,'','','res','1','AFQjCNH35IPHeSKvhyZVLdBgVEGSMrRmdg','&sig2=g_WPmueh2pJcwsX3_LJmdw')">SEC Must ‘Defend Its Existence’ After <em>Madoff</em> Lapses</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="color: blue;" href="http://www.wmdt.com/wires/displaystory.asp?id=82563357" target="_blank">BALTIMORE PENSIONS Baltimore pensions lose $3.5M in Madoff fund</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="color: blue;" href="http://scienceblogs.com/dispatches/2009/01/madoff_crimes_hurt_aclu_and_ot.php" target="_blank"> Madoff Crimes Hurt ACLU and Other Groups</a><br /><a style="color: blue;" href="http://www.nytimes.com/2009/01/05/business/05madoff.html?ref=business" target="_blank"> Madoff Paraphernalia, of All Sorts, Landing on eBay</a></span><br /><br /><br /><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br />WEEK: 12/29- 01/03<br /><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://www.libertypost.org/cgi-bin/readart.cgi?ArtNum=251046">Madoff crony charged with bilking house-cleaner of $124,000 life savings </a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /><a href="http://online.wsj.com/article/SB123093987596650197.html">Why We Keep Falling for Financial Scams </a><br /><a href="http://www.freerepublic.com/focus/f-news/2158430/posts">SPIC: $500,000 to each Madoff victim</a><br /></span><a style="font-weight: bold; font-family: verdana;" href="http://www.jpost.com/servlet/Satellite?cid=1230733157198&pagename=JPost%2FJPArticle%2FShowFull" id="u-AFQjCNGsV1fVQj73zp8QOo1zS72GfXEz2w:r-9_1286922339">Metro Views: Madoff and the 'miraculous dollar'</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="font-weight: bold; font-family: verdana;" href="http://www.washingtonpost.com/wp-dyn/content/article/2009/01/03/AR2009010300028.html" id="u-AFQjCNERMXfSl94g6_XRSL0b29_D6QFkFg:r-0_1286853769">How to Avoid Getting Burned by the Next Bernard Madoff</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601087&sid=aZ1dnq3VWwOs&refer=home" target="_blank"> Madoff Investor’s Suicide Was an ‘Act of Honor,’ Brother Says</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://www.usatoday.com/money/markets/2009-01-02-madoff-scandal-lawsuit_N.htm"><br />NY business sues Madoff to get back $10 million</a><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.washingtonpost.com/wp-dyn/content/article/2009/01/03/AR2009010300040.html" target="_blank"> Madoff Exposed Investors' Weak Spots</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.nytimes.com/2009/01/04/opinion/04lewiseinhorn.html" target="_blank">The End of the Financial World as We Know It</a><span style="font-weight: bold;font-family:verdana;" > (related)</span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="font-weight: bold; font-family: verdana;" href="http://blogs.jta.org/philanthropy/article/2009/01/02/1001950/the-jewish-federation-in-tornoto-lost-500000-in-madoff-scheme" id="s-ccZtTYFNZNZEXEtFCasJYA:u-AFQjCNHETsdI_vyj-E1Ncc4X-SdhHKGB2g:r-9_1285695575">The Jewish federation in Tornoto lost $500000 in Madoff scheme</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="font-weight: bold; font-family: verdana;" href="http://www.guardian.co.uk/lifeandstyle/lostinshowbiz/2009/jan/02/madoff-fraud-investors-dreamworks" id="s-X59_Y4cskG2L2hJrFPeBJA:u-AFQjCNEEcqB4pdCUujH0yZIKSjeumTbJ8g:r-5_1286483911">The time is right for Madoff: The Movie</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="font-weight: bold; font-family: verdana;" href="http://money.cnn.com/news/newsfeeds/articles/djhighlights/200901021313DOWJONESDJONLINE000499.htm" id="s-1Gq4nAtZvNxfpFnIkEz_mA:u-AFQjCNE1MydehU3v-g3J2bDYfD-TyXAPmQ:r-2_1286400532">Austria Says It's Taking Control Of Bank Medici After Madoff Hit</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601087&sid=aj2LZm.nYsIY&refer=home" id="s-dLxVdtNXh4QnxFCrMQ4B0Q:u-AFQjCNG53u7vaqbW4RMEkAFje0cz2oTAFA:r-1_1286477932">Madoff Accepted $10 Million From Investor 6 Days Before Arrest</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601087&sid=aPL3IGt0JSlM&refer=home" target="_blank"> Madoff’s Asset List Won’t Be Made Public, US Regulator Says</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.nytimes.com/2009/01/02/business/02madoff.html" target="_blank"> Madoff Investor’s Suicide Leaves Questions</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601087&sid=aoUP_GZwWsZI&refer=home" target="_blank"> Madoff Investors’ Lawyers Investigate Role of Connecticut Bank</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.baltimoresun.com/business/bal-bz.digest012jan01,0,7291717.story" target="_blank"> Madoff gives SEC list of his assets</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /><a href="http://freedom4um.com/cgi-bin/readart.cgi?ArtNum=93091">Madoff's assets to be kept secret</a><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloggingstocks.com/2008/12/31/how-much-money-does-madoff-really-have/" target="_blank">How much money does Madoff really have?</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.salon.com/wires/ap/business/2008/12/31/D95E062G0_madoff_assets/" target="_blank">Madoff lists assets for SEC; agency mum on details</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /><a href="http://www.democrats.com/what-if-bush-pardoned-bernie-madoff">What if Bush Pardoned Bernie Madoff?</a><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601087&sid=ajgqRhwPJA_U&refer=home" target="_blank">Tremont Sued by Investors Over Losses to Madoff ‘Ponzi Scheme’</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.nytimes.com/2009/01/01/business/worldbusiness/01bank.html?ref=business" target="_blank">Austria Weighs Overseer for Bank in Madoff Case</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.palmbeachpost.com/localnews/content/local_news/epaper/2008/12/31/123108madoffstatuefound.html?imw=Y" target="_blank">Thieves return Madoff statue, with note attached</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601087&sid=asCjhx8fKKQg&refer=home" target="_blank">Montana Investors Lost $18 Million With Madoff, Regulator Says</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style="font-size:100%;"><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://tpmmuckraker.talkingpointsmemo.com/2008/12/in_ironic_twist_taxpayers_may_be_on_the_hook.php" target="_blank">In Ironic Twist, Taxpayers ...</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://www.economist.com/blogs/freeexchange/2008/12/madoff_and_me.cfm"><br />Madoff and me</a></span><br /><a href="http://tpmmuckraker.talkingpointsmemo.com/2008/12/thanks_to_aig_taxpayers_may_be.php" class=""><span style="font-weight: bold;">Thanks To AIG, Taxpayers May Be On The Hook For Madoff Losses</span></a><h4 style="font-weight: bold; font-family: verdana;" class="item_headline"><a href="http://www.bloomberg.com/apps/news?pid=20601087&sid=axj3STXynCV4" class="">SEC Halts $23 Million Ponzi Scheme Targeting Haitians</a></h4><h4 style="font-weight: bold; font-family: verdana;" class="item_headline"><a href="http://www.ft.com/cms/s/0/d5c7489a-d15b-11dd-8cc3-000077b07658.html" class="">SEC inaction that helped fuel scheme</a></h4><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://tpmmuckraker.talkingpointsmemo.com/2008/12/almost_since_the_news_broke.php">What Happened To Madoff's Money?</a><br /><br /></span><span style="font-size:100%;"><a style="font-weight: bold; font-family: verdana;" href="http://www.cnbc.com/id/15840232?video=979985926&play=1">Latest developments of the Madoff case, with CNBC's Mary Thompson</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.talkingpointsmemo.com/archives/2008/12/latest_madoff_v.php" target="_blank">Latest Madoff Victim: You</a><br /><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://money.cnn.com/2008/12/30/news/newsmakers/Madoff_assets/" target="_blank">Judge approves release of Madoff assets</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601087&sid=a.Wh6PaHX9kc&refer=home" target="_blank"> Madoff Sued by Three New York Investors Over Fraud, Payments</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.eonline.com/uberblog/b76991_kyra_kevin_victims_of_madoff_investment.html" target="_blank">Kyra and Kevin Victims of Madoff Investment Scandal</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.cbsnews.com/stories/2008/12/30/eveningnews/main4692586.shtml" target="_blank">Charities Wiped Out By Madoff Mess</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601103&sid=a1UhdEu6mMBQ&refer=us" target="_blank">Yeshiva’s Madoff Losses Based on ‘Fictitious’ Profits</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.nytimes.com/2008/12/31/business/31offshore.html?ref=business" target="_blank"> Madoff Spotlight Turns to Role of Offshore Funds</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /><a href="http://www.muckety.com/4E95D524CEB68F24C6707F7317B7B572.map?autoGroup=7,7&big=true">Mary Schapiro & Madoff family ties - map </a><br /><a href="http://www.presstv.ir/detail.aspx?id=79918&sectionid=3510203">Madoff attorneys explore insanity defense</a><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://www.bmacewen.com/blog/archives/2008/12/if_youre_so_smart_why_are.html" target="_blank" onclick="javascript:pageTracker._trackPageview('/outbound/article/www.bmacewen.com');">If You’re So Smart, Why Aren’t You Rich?</a></span><br /><h3 class="item_headline" style="font-family:verdana;"><span style="font-size:100%;"><a style="font-family: verdana;" href="http://www.blogrunner.com/snapshot/t/reference/timestopics/people/m/bernard_l_madoff/">Blog Runner special Madoff page (tons of articles)</a></span></h3><h3 class="item_headline" style="font-family:verdana;"><span style="font-size:100%;"><a href="http://newsbusters.org/blogs/matthew-philbin/2008/12/23/madoff-gives-us-lots-think-about-christmas">Madoff Gives Us Lots to Think About This Christmas</a></span><br /></h3><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601103&sid=adRgEk95wRx4&refer=us" target="_blank"> Madoff Firm Trustee Seeks $28 Million for Liquidation</a><br /><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://feeds.foxbusiness.com/%7Er/blogs/lizvision/%7E3/dVbjQ0CVZco/" target="_blank"> Madoff, Malibu and the Miracle Mile</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.google.com/hostednews/ap/article/ALeqM5hnkPe640MG8WMCAvAwv5GqtqxsOAD95CMDGG1" target="_blank">NY judge may weigh wider Madoff investor relief</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.nytimes.com/2008/12/30/business/30madoff.html?ref=nyregion" target="_blank"> Madoff Case Set to Start Wednesday</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="font-weight: bold; font-family: verdana;" href="http://mobile.washingtonpost.com/detail.jsp?key=332309&rc=op&p=1&all=1">The Year of Madoff</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="font-weight: bold; font-family: verdana;" href="http://www.ft.com/cms/s/3eeb2286-d5dc-11dd-a9cc-000077b07658.html" id="s-R4BMjnPNVRDzsuLPkdLRJw:u-AFQjCNHNsxbaAcTgXcymUfkP6au8qEcn2Q:r-9_0">Crackdown on hedge funds after Madoff affair</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style="font-weight: bold;font-family:verdana;" ><a href="http://www.wealth-bulletin.com/wealth-business/content/3352879597/" id="s-rLKuc4yj3VN8dgexP1QTFw:u-AFQjCNGE04d5kkvxVB6r0YaQRrvho0g-xA">Rich Latin Americans remain quiet over Madoff losses</a> <span style="color: rgb(111, 111, 111);"><nobr></nobr></span></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="font-weight: bold; font-family: verdana;" href="http://www.huffingtonpost.com/marc-gunther/shaky-foundations-bernie_b_153833.html" id="s-ii20St7iJYt5IST6VvF7_w:u-AFQjCNHA-2upyOLNtZ7V7xqJiTMS-2GuLA:r-7_1285306801">Shaky Foundations & Bernie Madoff</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="font-weight: bold; font-family: verdana;" href="http://www.washingtonpost.com/wp-dyn/content/article/2008/12/27/AR2008122700064.html" id="s-xyS2dl4c1IE05iCpdfy--g:u-AFQjCNEOU7-cwq5L_H4ENSQ9sEeyXC0WuA:r-4_1284505726">Madoff's Victims to Review His Wallet</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601103&sid=adRgEk95wRx4&refer=us" id="s-XlSdwmSXoKQQIzxPhGyE_A:u-AFQjCNFqUmWu5c-CzELCedm_lT-KQQvSBQ:r-0_1285153298">Madoff Firm Trustee Seeks $28 Million for Liquidation</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://buzznewsroom.com/news/is-social-security-a-ponzi-scheme/" target="_blank">Is Social Security a Ponzi Scheme?</a><span style="font-weight: bold;font-family:verdana;" > (something to chew on)</span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://blogs.bnet.com/salesmachine/?p=371" target="_blank">Bernie Madoff’s Sales Secret #1</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.finalternatives.com/node/6462" target="_blank">Suburban D.A. Ends Probe Of Madoff Auditor </a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /><a href="http://www.theaustralian.news.com.au/business/story/0,28124,24852598-36375,00.html">Madoff probe widens to middlemen</a><br /><br /><br /><br />WEEK DEC 22-28<br /><a href="http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article5409053.ece">'Credit Suisse lost SwFr1bn to Madoff'</a><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://www.larouchepac.com/news/2008/12/27/wake-madoff-scandal-and-failed-bailout-larouche-renews-call-.html">Controversial LaRouche On The Madoff scandal</a><br /></span><span style=";font-family:verdana;font-size:100%;" ><a style="color: blue; font-weight: bold;" href="http://www.nytimes.com/2008/12/28/business/28every.html" target="_blank">Everybody’s Business They Told Me That Madoff Never Lost Money</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style=";font-family:verdana;font-size:100%;" ><a style="color: blue; font-weight: bold;" href="http://www.chron.com/disp/story.mpl/headline/biz/6182869.html" target="_blank">Burns: Counting the costs of the Madoff case</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style=";font-family:verdana;font-size:100%;" ><a style="color: blue; font-weight: bold;" href="http://www.nytimes.com/2008/12/27/us/27religion.html" target="_blank">Trust and Exploitation in a Close-Knit World</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style=";font-family:verdana;font-size:100%;" ><a style="color: blue; font-weight: bold;" href="http://www.guardian.co.uk/business/2008/dec/28/bernard-madoff-fraud-investigation-offshore" target="_blank"> Madoff probe focuses on tax havens</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="font-family: verdana; font-weight: bold;" href="http://www.counterpunch.com/martens12222008.html"><br /></a></span><a style="font-family: verdana; font-weight: bold;" href="http://www.counterpunch.com/martens12222008.html">Madoff's Money Trail Leads to Washington</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.huffingtonpost.com/2008/12/26/judge-rules-madoff-must-r_n_153629.html" target="_blank">Judge Rules Madoff Must Reveal Assets By End Of Year</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /><a href="http://www.silive.com/news/index.ssf/2008/12/brother_of_madoff_suicide_inve.html">Brother of Madoff suicide investor said he lost his own money</a><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.ritholtz.com/blog/2008/12/inside-look-spotting-the-next-madoff/" target="_blank">Inside Look: Spotting the Next Madoff</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.indybay.org/newsitems/2008/12/26/18556474.php" target="_blank">Early Suspicions About Bernard Madoff</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /><a href="http://www.guardian.co.uk/business/2008/dec/18/bernard-madoff">Antisemites feast on Madoff misery</a><br /><a href="http://online.barrons.com/article/SB989019667829349012.html">Don't Ask, Don't Tell </a></span><a href="http://www.freerepublic.com/focus/f-news/2154779/posts"><br /><span style="font-weight: bold;font-family:verdana;font-size:100%;" >'Forrest Gump' Eric Roth screenwriter sues over Madoff losses</span></a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://online.wsj.com/article/SB123025901310234853.html" target="_blank"> Madoff Scam Will Hit the Feds Too</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /><a href="http://cnnmoney.mobi/money/business/business/detail/114220;jsessionid=238A9F675E8C204A814D4ED0EE88C014">What drove Bernie Madoff</a><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601087&sid=aironxB5knIY&refer=home" target="_blank">‘Notorious’ Madoff’s Fleece, Disaster Kit on Auction at EBay</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://blogs.jta.org/philanthropy/article/2008/12/26/1001830/rabbi-kick-madoff-out-of-the-jewish-people" target="_blank">Rabbi: Kick Madoff out of the Jewish people</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601087&sid=aqRRFqt8HJoM&refer=home" target="_blank"> Madoff to Reveal Assets as Investors Sue for Funds</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601087&sid=aSZkOg5o2apk&refer=home" target="_blank"> Madoff Investor De La Villehuchet Lost Own Money, AP Reports</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /><a href="http://econlog.econlib.org/archives/2008/12/gullibility_mad.html">Gullibility, Madoff, and Fiscal Stimulus</a></span><br /><h3><span style=";font-family:verdana;font-size:100%;" ><a href="http://money.cnn.com/2008/12/22/news/economy/madoff_poll/index.htm">74% of Americans think Madoff’s behavior is common - poll</a></span></h3><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.cross-currents.com/archives/2008/12/26/top-ten-quotes-about-madoff/" target="_blank">Top Ten Quotes About Madoff</a><span style="text-decoration: underline;"><span style="font-weight: bold;"><br /></span></span><span class="RA_Title"><a style="font-weight: bold; font-family: verdana;" href="http://pajamasmedia.com/blog/the-bernie-madoff-i-knew/">The Bernie Madoff I Knew</a><br /></span><a style="font-weight: bold; font-family: verdana;" href="http://online.wsj.com/article/SB123008557063732253.html?mod=special_page_campaign2008_mostpop" class="l" onmousedown="return clk(this.href,'','','res','2','')"><em>Madoff</em> Scheme Takes New Toll</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="font-weight: bold; font-family: verdana;" href="http://www.independent.co.uk/news/business/analysis-and-features/madoff-the-man-who-sold-the-world-1206091.html" class="l" onmousedown="return clk(this.href,'','','res','1','')"><em>Madoff</em>: The man who sold the world</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /><a href="http://www.countercurrents.org/lendman261208.htm">Early Suspicions About Bernard Madoff</a><br /></span><a href="http://www.inteldaily.com/news/139/ARTICLE/9086/2008-12-26.html"><strong>Press reports document criminality of US financial elite</strong></a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /><a href="http://www.dailymail.co.uk/money/article-1096228/Lloyds-London-braced-claims-Madoff-meltdown-makes-directors-targets-lawsuits.html">Lloyd's of London braced for claims after Madoff meltdown</a><a href="http://www.thisismoney.co.uk/investing-and-markets/article.html?in_article_id=459555&in_page_id=3"><br /></a></span><a style="font-family: verdana;" href="http://www.thisismoney.co.uk/investing-and-markets/article.html?in_article_id=459555&in_page_id=3"><span style="font-weight: bold;">Madoff's $50bn scam may be the first of many</span></a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /><a href="http://www.sott.net/articles/show/171475-Doubts-grow-on-whether-Madoff-acted-alone-in-fraud">Doubts grow on whether Madoff acted alone in fraud</a><br /></span><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://search.japantimes.co.jp/cgi-bin/rc20081225a3.html" target="_blank">Madoff's greatest talent</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.kansascity.com/438/story/952255.html" target="_blank">French shareholders want list of Madoff losses</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /><a href="http://bx.businessweek.com/bernard-l-madoff/?lid=g237889&src=sem&dom=goo&adgrp=GCT_2771_BUSW_US_PRD_Bernard_Madoff&adID=g237889&kw=Madoff">Madoff coverage on Businessweek.com</a><br /><a href="http://www.boston.com/business/articles/2008/12/24/socialites_step_down_as_chairs_of_fund_raiser/">Socialites step down as chairs of fund-raiser</a><br /><a href="http://www.forbes.com/afxnewslimited/feeds/afx/2008/12/23/afx5856176.html">Investor tries to hold SEC liable for Madoff losses</a><br /><br /><a href="http://www.examiner.com/x-775-Political-Issues-Examiner%7Ey2008m12d22-Madoff-scandal-raises-issue-of-Obama-nominees-regulating-financial-markets">Madoff scandal raises issue of Obama nominees regulating financial markets </a><br /><a href="http://www.nytimes.com/2008/12/24/us/24jews.html?_r=1&ref=todayspaper">In Madoff Scandal, Jews Feel an Acute Betrayal</a><br /></span><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.bloomberg.com/apps/news?pid=20601087&sid=aj.5ud41Rd2Q&refer=home" target="_blank">Bank Medici Ensnared by Madoff Losses After Winning Fund Award</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://latimesblogs.latimes.com/lanow/2008/12/nancy-silverton.html" target="_blank">Nancy Silverton loses millions in Madoff investment</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.bloomberg.com/apps/news?pid=20601087&sid=a6E0Wcnuz8L8&refer=home" target="_blank">NYU Sues Merkin, Hedge Funds, Over $24 Million Madoff Loss</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://online.wsj.com/article/SB123015619879133525.html?mod=googlenews_wsj" target="_blank">Fund Manager Ordered Not to Destroy Madoff Documents</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.nytimes.com/2008/12/25/business/25fraud.html?ref=business" target="_blank">Wall St. Fraud Prosecutions Fall Sharply</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.cityam.com/index.php?news=27299" target="_blank"> </a><a style="font-family: verdana; font-weight: bold;" href="http://www.google.com/search?q=Rene-Thierry+Magon+de+la+Villehuchet+DEAD&sourceid=navclient-ff&ie=UTF-8&rlz=1B3GGGL_enUS290US290">Madoff investor found dead</a><span style="font-weight: bold;font-family:verdana;" > (various links)</span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://blogs.moneycentral.msn.com/topstocks/archive/2008/12/24/madoff-s-european-web-widens.aspx" target="_blank">Madoff's European web widens</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a href="http://www.adl.org/main_Anti_Semitism_Domestic/Anti-Semitism+and+the+Madoff+Scandal.htm"><span style=";font-family:verdana;font-size:100%;" ><span style="font-weight: bold;" class="blue14b">Anti-Semitism and the Madoff Scandal - ADL</span></span></a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /><a href="http://www.jewishjournal.com/tag/madoff/">The Jewish Journal Complete Coverage</a><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://bernard-madoff-scam.blogspot.com/">http://bernard-madoff-scam.blogspot.com/</a><br /><a href="http://bernard-madoff-fraud.blogspot.com/">http://bernard-madoff-fraud.blogspot.com/</a><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="color: blue;" href="http://www.huffingtonpost.com/joel-schwartzberg/bernie-madoff-lightning-r_b_153057.html" target="_blank">Bernie Madoff: Lightning Rod for anti-Semitism?</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="color: blue;" href="http://www.nytimes.com/2008/12/24/us/24jews.html?hp" target="_blank">In Madoff Scandal, Jews Feel an Acute Sense of Betrayal</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="color: blue;" href="http://online.wsj.com/article/SB123005903944830699.html?mod=googlenews_wsj" target="_blank"> Madoff Case Raises Compliance Questions</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="color: blue;" href="http://blogs.wsj.com/law/2008/12/23/madoff-litigation-mounts-largest-feeder-funds-and-sec-get-sued/" target="_blank"> Madoff Litigation Mounts: Largest Feeder Funds (and SEC) Get Sued</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="color: blue;" href="http://www.forbes.com/business/2008/12/23/madoff-fraud-sec-biz-wall-cx_lm_1223madoff.html" target="_blank">Could SEC Have Stopped Madoff Scam In 1992?</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="color: blue;" href="http://www.bloomberg.com/apps/news?pid=20601087&sid=a.mL6Nm9f57w&refer=home" target="_blank">L’Oreal Heiress Bettencourt Said to Have Invested With Madoff</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="color: blue;" href="http://blogs.wsj.com/wealth/2008/12/23/madoff-and-the-ive-got-a-guy-syndrome/" target="_blank"> Madoff and the ‘I’ve Got a Guy’ Syndrome</a></span><br /><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="color: blue;" href="http://www.cnbc.com/id/28356065?__source=RSS*tag*&par=RSS" target="_blank">Could Madoff Have Acted Alone?</a></span> <span style="font-weight: bold;">(video)</span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://www.thisislondon.co.uk/standard/article-23603744-details/Bernard+Madoff+scandal:+the+London+connection/article.do"><br />The London connection</a><br /><a href="http://www.divorcesaloon.com/divorce-at-740-park-avenue-the-bernard-madoff-connection">The Bernard Madoff connection</a><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="color: blue;" href="http://www.cogitamusblog.com/2008/12/more-madoff.html" target="_blank">Cogitamus: More Madoff Madness</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /><a href="http://www.time.com/time/business/article/0,8599,1868356,00.html">Who is Bernie Madoff? Many Investors Didn't Ask</a><br /></span><h3 style="font-family:verdana;"><span style="font-size:100%;"><a href="http://www.guardian.co.uk/business/2008/dec/18/madoff-obama-sec" name="&lid={trailItemImageAndTrailText}{Obama blames laissez-faire regulators for $50bn Madoff scandal}&lpos={trail}{1}" class="link-text">Obama blames laissez-faire regulators for $50bn Madoff scandal</a></span></h3><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://www.guardian.co.uk/business/feedarticle/8165661">Madoff victims could turn to tax code for relief</a><br /></span><span style=";font-family:verdana;font-size:100%;" ><a href="http://news.bbc.co.uk/2/hi/business/7798533.stm"><strong>Madoff Investor Commits Suicide</strong></a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /><a href="http://www.csmonitor.com/2008/1222/p01s01-usec.html">Accounting sleuths on the trail of Madoff money</a><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="color: blue;" href="http://www.forbes.com/home/2008/12/20/intelligent-investing-madoff-sec-fraud-panelDec22.html" target="_blank">Love, Madoff And The SEC</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="color: blue;" href="http://blogs.jta.org/philanthropy/article/2008/12/22/1001739/the-yeshaya-horowitz-association-closed-due-to-madoff" target="_blank">The Yeshaya Horowitz Association closed due to Madoff</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="color: blue;" href="http://www.businessweek.com/ap/financialnews/D9580MJ80.htm" target="_blank">Family members are central figures in Madoff saga</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="color: blue;" href="http://www.bloomberg.com/apps/news?pid=20601087&sid=avJ43XHySeVs&refer=home" target="_blank">Hedge Funds Concede Oversight Inevitability in Wake of Madoff</a></span><br /><h3 class="r"><a href="http://www.urbandigs.com/2008/12/madoff_scam_hes_a_person_of_in.html" class="l" onmousedown="return clk(this.href,'','','res','4','')"><em></em></a><a href="http://www.urbandigs.com/2008/12/madoff_scam_hes_a_person_of_in.html"><span style="font-size:100%;"><span style="font-family:verdana;">Madoff Scam: "He’s a person of integrity..."</span></span></a></h3><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://www.nydailynews.com/money/2008/12/21/2008-12-21_feds_more_market_fraud_yet_to_surface_af.html">Feds: More market fraud yet to surface after Madoff scam</a><br /><a href="http://www.cbsnews.com/blogs/2008/12/22/roundup/entry4682528.shtml">Madoff's auditor under ethics probe by CPAs group</a></span><span style="font-weight: bold;"><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://online.barrons.com/article/SB122973813073623485.html?mod=9_0001_b_this_weeks_magazine_home_right">What We Wrote About Madoff</a><br /><a href="http://www.forbes.com/business/2008/12/22/madoff-blumenthal-charities-biz-wall-cz_cc_1222charities.html">Blumenthal May Investigate Charities Ripped Off By Madoff</a><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.boston.com/business/articles/2008/12/21/bernie_madoffs_man_to_see" target="_blank">Bernie Madoff's man to see</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.nydailynews.com/ny_local/queens/2008/12/21/2008-12-21_bernie_madoff_had_a_job_saving_lives_now.html" target="_blank">Bernie Madoff had a job saving lives, now he's killed dreams</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.boston.com/business/articles/2008/12/21/did_madoff_investors_overlook_the_obvious" target="_blank">Did Madoff investors overlook the obvious?</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.nytimes.com/2008/12/22/business/22fairfield.html?hp" target="_blank">Firm Built on Madoff Ties Faces Tough Questions</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601068&sid=adT53aLupWiY&refer=home" target="_blank">Fischer Says Madoff Shows How Smart Investors Missed Crisis</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /><a href="http://money.cnn.com/2008/12/18/news/economy/hedge_fund_liquidations/index.htm">Hedge funds close at record rate (The Madoff story stinks)</a><br /><br /><br /><br /><br />WEEK DEC 14 - 21<br /><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://blogs.wsj.com/washwire/2008/12/17/sec-nominee-has-madoff-connection/" class="l" onmousedown="return rwt(this,'','','res','1','AFQjCNFIA37QqdRIyxKkdWubTmZovKVmGw','&sig2=6TnRxnDLBZZEHz_akWRfSw')">SEC Nominee Has <em>Madoff Connection</em></a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /><a href="http://www.youtube.com/watch?v=HUv8rjBAdbk&feature=related">Peter Schiff on The Madoff Scandal Dec 17 2008</a><br /><a href="http://sharonastyk.com/2008/12/19/the-ponzi-scheme-as-way-of-life/">The Ponzi Scheme As Way of Life</a><br /><a href="http://www.eliewieselfoundation.org/madofffraudstatement.aspx">Madoff Fraud Statement [Elie Wiesel Foundation for Humanity] </a><br /></span><a href="http://seekingalpha.com/article/111433-rating-agencies-game-worse-than-madoff-s-scheme"><b>Rating Agencies' Game Worse Than Madoff's Scheme</b></a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /><a href="http://goldismoney.info/forums/showthread.php?t=333182">Bernard Madoff: Wall Street Swindler Strikes Powerful Blows for Social Justice </a><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="color: blue;" href="http://www.huffingtonpost.com/2008/12/21/madoff-fleeced-5ifth-aven_n_152640.html" target="_blank"> Madoff Fleeced Fifth Avenue Synagogue For $2 Billion</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="color: blue;" href="http://www.bloggingstocks.com/2008/12/21/could-james-simons-be-the-next-bernie-madoff/" target="_blank">Could James Simons be the next Bernie Madoff?</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="color: blue;" href="http://chattahbox.com/entertainment/2008/12/20/bernard-madoff-deserves-the-life-sentence-hes-likely-to-get/" target="_blank">Bernard Madoff Deserves The Life Sentence</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="color: blue;" href="http://www.ritholtz.com/blog/2008/12/detailed-and-ignored-sec-madoff-complaint/" target="_blank">SEC Ignored Detailed 2005 Complaint re: Madoff </a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="color: blue;" href="http://nbcsports.msnbc.com/id/28326242/" target="_blank">IOC has nearly $5 million tied to Madoff </a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a rel="nofollow" style="color: blue;" target="_blank" href="http://prudentinvestornewsletters.blogspot.com/2008/12/madoff-ponzi-scam-and-boom-bust-cycles.html"><span class="yshortcuts" id="lw_1229890545_7">Madoff Ponzi Scam and Boom-Bust cycles</span></a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://www.timesonline.co.uk/tol/comment/columnists/dominic_lawson/article5375732.ece"><br />Don’t bank on a day of reckoning</a><br /></span><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.boston.com/business/articles/2008/12/19/fixing_the_sec" target="_blank">Fixing the SEC</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.bloomberg.com/apps/news?pid=20601087&sid=a66coUB1GeYM&refer=home" target="_blank"> Madoff’s Accountant ‘Was Taken’ Like Other Investors, Man Says</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.telegraph.co.uk/finance/financetopics/bernard-madoff/3868896/Bernard-Madoff-fraud-Increased-scrutiny-in-hedge-fund-industry.html" target="_blank">Bernard Madoff 'fraud': Increased scrutiny in hedge fund industry</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.washingtonpost.com/wp-dyn/content/article/2008/12/20/AR2008122001895.html" target="_blank">Losses to Nonprofits, Personal Fortunes May Top $1 Billion</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /><a href="http://www.iht.com/articles/2008/12/19/opinion/edkrugman.php">The Madoff Economy</a><br /><a href="http://www.thedailybeast.com/blogs-and-stories/2008-12-17/the-bag-lady-papers/1/">The Bag Lady Papers</a><br /></span><span style=";font-family:verdana;font-size:100%;" ><a style="font-weight: bold;" href="http://market-ticker.denninger.net/archives/695-Were-All-Madoff.html"><span class="RA_Title">We're All Madoff</span></a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /><a href="http://business.timesonline.co.uk/tol/business/industry_sectors/retailing/article5372593.ece">Madoff casts shadow over Rolex as chief executive Patrick Heiniger quits</a><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://therealnews.com/t/index.php?option=com_seyret&Itemid=91&task=videodirectlink&id=664">Attorney: Madoff Clients, Don't Spend That Money</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://seattletimes.nwsource.com/html/businesstechnology/2008533585_madoff18.html" target="_blank"> Madoff's financial empire audited by tiny firm: one guy</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://feeds.voices.washingtonpost.com/click.phdo?i=8cec1262f179ab57dfd7037a46db730f" target="_blank">Madoff Misled SEC</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://money.cnn.com/2008/12/18/news/newsmakers/madoff_didnt_act_alone.fortune/?postversion=2008121812" target="_blank">Did Madoff act alone?</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://money.cnn.com/2008/12/18/markets/thebuzz/" target="_blank">Why investors don't care about Madoff</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.bloomberg.com/apps/news?pid=20601103&sid=a9cxdgMCZpRE&refer=us" target="_blank"> Madoff’s Bail Should Be Revoked, New York Lawmaker Weiner Says</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://firstread.msnbc.msn.com/archive/2008/12/18/1720932.aspx" target="_blank">Obama on Madoff scandal, Rick Warren</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /><a href="http://www.nytimes.com/2008/12/18/business/18madoff.html?partner=rss&emc=rss">Authorities Ease Madoff’s Bail Terms</a><br /><a href="http://seattletimes.nwsource.com/html/businesstechnology/2008536457_apmadoffscandaltaxes.html?syndication=rss">Madoff scandal could lead to tax losses nationwide</a><br /><a href="http://www.examiner.com/a-1750403%7EMadoff_mobbed_by_photographers_after_court.html">Madoff mobbed by photographers after court</a><a href="http://online.wsj.com/documents/Madoff_SECdocs_20081217.pdf"><br /></a></span><a style="font-family: verdana;" href="http://online.wsj.com/documents/Madoff_SECdocs_20081217.pdf"><strong>The Madoff File </strong></a> <span style="font-weight: bold; color: rgb(255, 0, 0);">(must read)</span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a href="http://2cents.dailyreckoning.com/viewtopic.php?t=40706&sid=a452b52ac605bb0d76e675b82e7cfefc"><span style="font-weight: bold;font-size:100%;" ><span style="font-family:verdana;">Madoff moved the money to Israel? </span></span></a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /><a href="http://www.marketwatch.com/news/story/lessons-learned-madoffs-troubles/story.aspx?guid=%7B5309DF47-0702-4FA1-A8D5-26809B9E3F98%7D">The Big Lie theory</a><br /><a href="http://www.reuters.com/article/ousiv/idUSTRE4BG0DT20081217">Madoff fraud could burn those who pulled out early</a></span><span style="text-decoration: underline;"><span style="font-weight: bold;"><br /></span></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://www.iht.com/articles/2008/12/18/business/18brokers.php">Madoff Scandal Shaking Real Estate Industry</a><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://www.marketwatch.com/news/story/story.aspx?guid=%7BEB53DC7D-DBE4-4E2D-BF14-0A5F83BBE37D%7D&siteid=rss">Madoff's rise fueled by leverage, controversial fees</a><br /><a href="http://www.marketwatch.com/news/story/Bernie-Madoff-anti-Claus-scar/story.aspx?guid=%7BEC48D3E9-7B46-4740-8FA1-00C6E686E859%7D">Bernie Madoff, anti-Claus, scars markets for years</a><br /></span><span style="font-size:100%;"><a style="font-family: verdana; font-weight: bold;" href="http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article5364345.ece" class="link-06c">New SEC chief gave Madoff's son a job</a></span><span style="font-weight: bold;font-family:Arial,Helvetica,Geneva,Sans-serif,sans-serif;font-size:100%;" > </span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /><a href="http://www.boston.com/business/articles/2008/12/18/scandal_dampens_the_charity_galas/">Scandal dampens the charity galas</a><a href="http://seekingalpha.com/article/111433-rating-agencies-game-worse-than-madoff-s-scheme"><br />Rating Agencies' Game Worse Than Madoff's Scheme</a><br /><a href="http://www.foxnews.com/wires/2008Dec17/0,4670,MadoffScandalAuditor,00.html">Questions about NY firm that handled Madoff audit</a><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="color: blue;" href="http://www.bloomberg.com/apps/news?pid=20601087&sid=accRgQ_2s29o&refer=home" target="_blank"> Madoff’s Wife Said to Be Investigated Over Ponzi Scheme Records</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /><a href="http://www.abc3340.com/news/stories/1208/578609.html">Questions surround firm that handled Madoff audit</a><br /></span><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.foxnews.com/story/0,2933,468824,00.html" target="_blank">Connecticut Town Loses Big in Wake of Madoff's Alleged Ponzi Scheme</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-family: verdana; font-weight: bold;" href="http://www.bloomberg.com/apps/news?pid=20601087&sid=a0qGtFYw_.uo&refer=home" target="_blank"> Madoff Put Under House Arrest as SEC Admits Detection Failure</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style="font-weight: bold;font-size:100%;" ><a style="font-family: verdana;" href="http://www.haaretz.com/hasen/spages/1047483.html">U.S. Jews ponder catastrophic effects of Madoff fraud affair </a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a href="http://www.asiasentinel.com/index.php?option=com_content&task=view&id=1614&Itemid=590"><span style="font-weight: bold;font-family:verdana;" >In Madoff We Trust</span></a><br /><h3 style="font-family: verdana;" class="title"><a href="http://www.dailykos.com/story/2008/12/16/43232/543/693/673580"><span style="font-size:100%;">Daily Kos Declared Bernie Madoff Progressives No1 Enemy</span></a></h3><a style="font-family: verdana; font-weight: bold;" href="http://www.freerepublic.com/focus/f-news/2150134/posts">SEC to Probe Its Ties to Madoffs</a><br /><a style="font-family: verdana; font-weight: bold;" href="http://www.nytimes.com/2008/12/17/business/17hedge.html?ref=business">In Fraud Case, Middlemen in Spotlight</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="font-family: verdana; font-weight: bold;" href="http://www.freerepublic.com/focus/f-news/2150181/posts">Put Madoff In Charge of Social Security</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="font-family: verdana; font-weight: bold;" href="http://freedom4um.com/cgi-bin/readart.cgi?ArtNum=92430"><span class="RA_Title">Madoff employed niece wed to SEC compliance director</span></a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="color: blue;" href="http://www.google.com/url?sa=X&q=http://www.rushprnews.com/2008/12/17/will-bailout-money-save-madoff-or-wall-street-ponzi-scams/&ct=ga&cd=S_yFWH0CJtc&usg=AFQjCNFPrdiSm3E4QhJqOs_iz4hi3HkdXA" target="_blank">Will Bailout Money Save Madoff or Wall Street Ponzi Scams</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="color: blue;" href="http://money.cnn.com/news/newsfeeds/articles/djf500/200812161811DOWJONESDJONLINE000744_FORTUNE5.htm" target="_blank">Merkin, Ascot Fund Sued Over Madoff Investments</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="color: blue;" href="http://www.marketwatch.com/news/story/Wolf-Haldenstein-Adler-Freeman-Herz/story.aspx?guid=%7B9D66D9F1-186E-416D-8A30-26297E6E105B%7D" target="_blank">Wolf Haldenstein Adler Freeman & Herz LLP is Investigating Madoff ...</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="color: blue;" href="http://money.cnn.com/2008/12/16/news/madoff.whitney.fortune/?postversion=2008121615" target="_blank">70 years before Madoff, there was Whitney</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="color: blue;" href="http://dealbook.blogs.nytimes.com/2008/12/16/sec-chief-says-staff-ignored-warnings-on-madoff/?hp" target="_blank">SEC Chief Says Staff Ignored Warnings on Madoff</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="color: blue; font-weight: bold;" href="http://www.nytimes.com/2008/12/17/business/17madoff.html?ref=business" target="_blank">SEC Issues Mea Culpa on Madoff</a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a href="http://www.boston.com/business/articles/2008/12/16/how_a_pyramid_scheme_takes_shape/"><span style="font-weight: bold;font-size:100%;" ><span style="font-family:verdana;">How a Pyramid Scheme Takes Shape</span></span></a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a href="http://www.freerepublic.com/focus/f-news/2149623/posts"><span style="font-weight: bold;font-size:100%;" ><span style="font-family:verdana;">Madoff ran vast options game (to cheat his clients)</span></span></a><br /><a href="http://www.abcnews.go.com/Blotter/WallStreet/story?id=6471863&page=1"><span style="font-weight: bold;font-size:100%;" ><span style="font-family:verdana;">SEC Official Married into Madoff Family</span></span></a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /><a href="http://www.libertypost.org/cgi-bin/readart.cgi?ArtNum=249430">Seriously…Madoff Investors Want A Bailout?</a><br /></span><a href="http://freedom4um.com/cgi-bin/readart.cgi?ArtNum=92364"><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><span class="RA_Title">Madoff Crisis Hits Europe Hard</span></span></a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://crooksandliars.com/susie-madrak/there-bigger-story-behind-spitzers-do"><br /></a></span><a href="http://crooksandliars.com/susie-madrak/there-bigger-story-behind-spitzers-do"><span style="font-size:100%;"><strong style="font-family: verdana;">Spitzer's arrest due to Madoff investigation? </strong></span></a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style=";font-family:verdana;font-size:100%;" ><a style="color: blue; font-weight: bold;" href="http://online.wsj.com/article/SB122928886040304911.html?mod=googlenews_wsj" target="_blank"> Madoff Scandal Deals Blow to SEC</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="color: blue;" href="http://lawprofessors.typepad.com/whitecollarcrime_blog/2008/12/the-madoff-case.html" target="_blank">White Collar Crime Prof Blog: Madoff</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style="font-size:100%;"><a style="color: blue; font-weight: bold; font-family: verdana;" href="http://www.huffingtonpost.com/2008/12/16/madoff-bragged-about-prof_n_151332.html" target="_blank"> Madoff Bragged About Profits To SEC While Advising On Oversight</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a href="http://au.youtube.com/watch?v=auSfaavHDXQ&eurl="><span style="font-size:100%;"><strong style="font-family: verdana;">VIDEO: Bernie Madoff on the modern stock market in 2007</strong></span></a> <span style="color: rgb(204, 0, 0); font-weight: bold;">(</span><span style="color: rgb(255, 0, 0); font-weight: bold;">must see)</span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="color: blue;" href="http://www.politico.com/news/stories/1208/16608.html" target="_blank">Madoff bought influence in Washington</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><a style="font-weight: bold;" href="http://seekingalpha.com/article/110940-exploring-madoff-s-ponzi-scheme-will-unveil-the-causes-of-this-global-monetary-crisis"><span style=";font-family:verdana;font-size:100%;" ><span class="RA_Title">Exploring Madoff's Ponzi Scheme Will Unveil the Causes of This Global Monetary Crisis</span></span></a><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="color: blue;" href="http://www.foxnews.com/story/0,2933,467389,00.html" target="_blank">Jewish Charities Shut Down Following Madoff 'Ponzi Scheme' Wipeout</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a style="color: blue;" href="http://www.washingtonpost.com/wp-dyn/content/article/2008/12/15/AR2008121502971.html?hpid=topnews" target="_blank">SEC Didn't Act on Madoff 1999 Tips</a></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br /><a style="color: blue;" href="http://www.nytimes.com/2008/12/16/business/16madoff.html" target="_blank">Inquiry Finds No Signs Family Aided Madoff</a></span><br /><a href="http://www.bloomberg.com/apps/news?pid=20601103&sid=aqfr8yxohYEA&refer=news"><span style="font-weight: bold;font-family:verdana;" >OppenheimerFunds Inc., had $3.3 billion, or more than half its total asset</span></a><br /><a href="http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article5349166.ece"><span style="font-weight: bold;font-family:verdana;font-size:100%;" >British banks losing billions to ‘one big lie’ in biggest ever fraud</span></a><a href="http://wcbstv.com/local/madoff.ponzi.scheme.2.888036.html"><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><br />Madoff Investors May Be Protected By Government</span></a><br /><a href="http://www.bloomberg.com/apps/news?pid=20601087&refer=home&sid=a96bKX_UGrGk"><span style="font-weight: bold;font-family:verdana;font-size:100%;" >Madoff Sued in Investor Class Action, Lawyer Says</span></a><br /><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://www.guardian.co.uk/business/2008/dec/15/royalbankofscotlandgroup-mangroup">RBS and Man Group fall victim to Madoff's 'big lie'</a><br /><a href="http://www.libertypost.org/cgi-bin/readart.cgi?ArtNum=249328">Bernie Madoff's Victims: The List </a><br /><a href="http://clusterstock.alleyinsider.com/2008/12/palm-beach-smashed-by-hurricane-bernie">Palm Beach Smashed By Hurricane Bernie</a></span><br /><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a class="yschttl" onmouseover="return window.status='http://news.yahoo.com/s/afp/20081214/ts_afp/usfinancefraudeurope_081214213440'" onmouseout="window.status=''" href="http://rds.yahoo.com/_ylt=A0WTTkq5nkVJEvUAIyDQtDMD;_ylu=X3oDMTBjMHZkMjZyBHBvcwMxBHNlYwNzcg--/SIG=1310m8n8a/EXP=1229385785/**http%3a//news.yahoo.com/s/afp/20081214/ts_afp/usfinancefraudeurope_081214213440">European banks suffer new hit from Madoff scanda</a><br /><a class="yschttl" onmouseover="return window.status='http://news.yahoo.com/s/ap/20081214/ap_on_bi_ge/eu_switzerland_wall_street_arrest_2'" onmouseout="window.status=''" href="http://rds.yahoo.com/_ylt=A0WTTkq5nkVJEvUAKSDQtDMD;_ylu=X3oDMTBjcXBoZjEwBHBvcwMzBHNlYwNzcg--/SIG=1373ineeo/EXP=1229385785/**http%3a//news.yahoo.com/s/ap/20081214/ap_on_bi_ge/eu_switzerland_wall_street_arrest_2">Swiss bank sees $327M at risk in Madoff affair</a><br /><a class="yschttl" onmouseover="return window.status='http://www.bloomberg.com/apps/news?pid=20601087&sid=ak1xZeXJfkfE'" onmouseout="window.status=''" href="http://rds.yahoo.com/_ylt=A0WTTkq5nkVJEvUALyDQtDMD;_ylu=X3oDMTBjZGM1ZGE1BHBvcwM1BHNlYwNzcg--/SIG=12ok88f04/EXP=1229385785/**http%3a//www.bloomberg.com/apps/news%3fpid=20601087%26sid=ak1xZeXJfkfE">Santander Clients Have $3.1 Billion With Madoff (Update1)</a><br /><a class="yschttl" onmouseover="return window.status='http://www.bloomberg.com/apps/news?pid=20601090&sid=amit2yJj98N4'" onmouseout="window.status=''" href="http://rds.yahoo.com/_ylt=A0WTTkq5nkVJEvUAMiDQtDMD;_ylu=X3oDMTBjcDR2NTN2BHBvcwM2BHNlYwNzcg--/SIG=12om2kqsf/EXP=1229385785/**http%3a//www.bloomberg.com/apps/news%3fpid=20601090%26sid=amit2yJj98N4">BNP Paribas May Lose as Much as EU350 Million on Madoff Lending</a><br /><a class="yschttl" onmouseover="return window.status='http://www.bloomberg.com/apps/news?pid=20601103&sid=ayphCKeJbUbg'" onmouseout="window.status=''" href="http://rds.yahoo.com/_ylt=A0WTTkq5nkVJEvUAOyDQtDMD;_ylu=X3oDMTBjMzRvMDBnBHBvcwM5BHNlYwNzcg--/SIG=12on49i0c/EXP=1229385785/**http%3a//www.bloomberg.com/apps/news%3fpid=20601103%26sid=ayphCKeJbUbg">Madoff Fraud Ensnares Boston Philanthropist Shapiro, Globe Says</a><br /><a class="yschttl" onmouseover="return window.status='http://www.bloomberg.com/apps/news?pid=20601085&sid=a_Ehm3fmxcwI'" onmouseout="window.status=''" href="http://rds.yahoo.com/_ylt=A0WTTkq5nkVJEvUAPiDQtDMD;_ylu=X3oDMTBkYTNuNGk0BHBvcwMxMARzZWMDc3I-/SIG=12o82k9lc/EXP=1229385785/**http%3a//www.bloomberg.com/apps/news%3fpid=20601085%26sid=a_Ehm3fmxcwI">Reichmuth Warns Investors of $330 Million in Madoff Losses</a><br /><a class="yschttl" onmouseover="return window.status='http://www.bostonherald.com/business/general/view.bg?articleid=1138948&srvc=rss'" onmouseout="window.status=''" href="http://rds.yahoo.com/_ylt=A0WTTknfn0VJ2wEBIAXQtDMD;_ylu=X3oDMTBjMzRvMDBnBHBvcwM5BHNlYwNzcg--/SIG=137hf471t/EXP=1229386079/**http%3a//www.bostonherald.com/business/general/view.bg%3farticleid=1138948%26srvc=rss">List of potential victims grows in Bernard Madoff fraud case</a><br /><a class="yschttl" onmouseover="return window.status='http://news.yahoo.com/s/afp/20081213/ts_afp/usfinancecrimefraudvictimsmedia_081213163700'" onmouseout="window.status=''" href="http://rds.yahoo.com/_ylt=A0WTTkgcoEVJNPYAAQHQtDMD;_ylu=X3oDMTBjMHZkMjZyBHBvcwMxBHNlYwNzcg--/SIG=13cd62ipp/EXP=1229386140/**http%3a//news.yahoo.com/s/afp/20081213/ts_afp/usfinancecrimefraudvictimsmedia_081213163700">Rich and powerful top Madoff's fraud victims: report</a><br /><a class="yschttl" onmouseover="return window.status='http://www.ft.com/cms/s/0/7ae489be-ca13-11dd-93e5-000077b07658.html'" onmouseout="window.status=''" href="http://rds.yahoo.com/_ylt=A0WTTkgcoEVJNPYACgHQtDMD;_ylu=X3oDMTBjb3ZrYjNkBHBvcwM0BHNlYwNzcg--/SIG=12n5oojn2/EXP=1229386140/**http%3a//www.ft.com/cms/s/0/7ae489be-ca13-11dd-93e5-000077b07658.html">Madoff is active political donor</a><br /><a class="yschttl" onmouseover="return window.status='http://www.haaretz.com/hasen/spages/1046187.html'" onmouseout="window.status=''" href="http://rds.yahoo.com/_ylt=A0WTTkgcoEVJNPYAEAHQtDMD;_ylu=X3oDMTBjcDR2NTN2BHBvcwM2BHNlYwNzcg--/SIG=1243agv88/EXP=1229386140/**http%3a//www.haaretz.com/hasen/spages/1046187.html">Madoff Wall Street fraud threatens Jewish philanthropy</a><br /><a class="yschttl" onmouseover="return window.status='http://gothamist.com/2008/12/14/madoffs_victims_range_from_big_firm.php'" onmouseout="window.status=''" href="http://rds.yahoo.com/_ylt=A0WTTkpvoEVJ4dMAuhnQtDMD;_ylu=X3oDMTBjb3ZrYjNkBHBvcwM0BHNlYwNzcg--/SIG=12rohjqf1/EXP=1229386223/**http%3a//gothamist.com/2008/12/14/madoffs_victims_range_from_big_firm.php">Madoff's Victims Range from Big Firms to Individuals</a><br /><a class="yschttl" onmouseover="return window.status='http://www.ft.com/cms/s/0/5446156e-ca1f-11dd-93e5-000077b07658.html'" onmouseout="window.status=''" href="http://rds.yahoo.com/_ylt=A0WTTkpvoEVJ4dMAvRnQtDMD;_ylu=X3oDMTBjZGM1ZGE1BHBvcwM1BHNlYwNzcg--/SIG=12nvhd8n3/EXP=1229386223/**http%3a//www.ft.com/cms/s/0/5446156e-ca1f-11dd-93e5-000077b07658.html">HSBC joins victims of Madoff’s alleged fraud</a><br /><a class="yschttl" onmouseover="return window.status='http://www.newsday.com/business/ny-bzscam1412270036dec14,0,5156462.story?track=rss'" onmouseout="window.status=''" href="http://rds.yahoo.com/_ylt=A0WTTkpvoEVJ4dMAzBnQtDMD;_ylu=X3oDMTBkYTNuNGk0BHBvcwMxMARzZWMDc3I-/SIG=138ti8qkn/EXP=1229386223/**http%3a//www.newsday.com/business/ny-bzscam1412270036dec14,0,5156462.story%3ftrack=rss">Massachusetts School of Law dean among Madoff investors</a><br /><a class="yschttl" onmouseover="return window.status='http://www.telegraph.co.uk/finance/3759702/Bernard-Madoff-Wall-Streets-Wizard-of-Oz.html'" onmouseout="window.status=''" href="http://rds.yahoo.com/_ylt=A0WTTknHoEVJigIB9gzQtDMD;_ylu=X3oDMTBjZmpxdmw3BHBvcwM3BHNlYwNzcg--/SIG=13cunr6q9/EXP=1229386311/**http%3a//www.telegraph.co.uk/finance/3759702/Bernard-Madoff-Wall-Streets-Wizard-of-Oz.html">Bernard Madoff: Wall Street's Wizard of Oz</a></span><br /><br /><a style="font-weight: bold; font-family: verdana;" href="http://www.independent.co.uk/news/business/news/superwoman-stung-by-hedge-fund-gurus-50bn-trading-scam-1064460.html">'Superwoman' stung by hedge fund guru's '$50bn trading scam'</a><br /><span style="font-family:verdana;">Saturday, 13 December 2008</span><br /><br /><b style="font-family: verdana;"> <a href="http://www.huffingtonpost.com/laurence-leamer/bernard-madoff-and-the-sh_b_150624.html">Laurence Leamer: Bernard Madoff and the Jews of Palm Beach</a> </b> <div style="font-family: verdana;"> In Palm Beach, tt was an honor having Bernard Madoff handle your fortune. Yesterday Madoff was arrested and accused of running what probably will prove the greatest Ponzi scheme in the history of the world. <cite>Dec 12, 2008 </cite><br /><br /><a style="font-weight: bold;" href="http://seekingalpha.com/article/110468-bernie-madoff-comes-out-of-the-closet?source=email">Bernie Madoff Comes Out of the Closet</a><br />by: SA Editors December 12, 2008<br /><br /><a href="http://seekingalpha.com/article/110416-madoff-case-the-world-s-biggest-ever-heist"><b>Madoff Case: The World's Biggest Ever Heis</b>t</a><br />Felix Salmon December 12, 2008<br /><br /><a style="font-weight: bold;" href="http://www.time.com/time/business/article/0,8599,1866154,00.html?imw=Y">Wall Street's Latest Downfall: Madoff Charged with Fraud</a><br />December 12, 2008<br /><br /></div><span style="font-weight: bold;font-family:verdana;" ><a href="http://finance.yahoo.com/tech-ticker/article/145115/I-Knew-Bernie-Madoff-Was-Cheating--That%27s-Why-I-Invested-with-Him?tickers=%5Edji,&gspc,%5Eixic">Specifically, we're hearing that the smart money KNEW Bernie had to be cheating,</a> </span><span style="font-family:verdana;">because the returns he was generating were impossibly good. Many Wall Streeters suspected the wrong rigged game, though: They thought it was insider trading, not a Ponzi scheme. And here's the best part: </span><em style="font-family: verdana;">That's why they invested with him</em><span style="font-family:verdana;">. </span><a style="font-weight: bold; font-family: verdana;" href="http://finance.yahoo.com/tech-ticker/article/145115/I-Knew-Bernie-Madoff-Was-Cheating--That%27s-Why-I-Invested-with-Him?tickers=%5Edji,&gspc,%5Eixic"><cite></cite></a><a style="font-family: verdana;">Dec 12, 2008<br /><br /></a><a style="font-weight: bold; font-family: verdana;" href="http://www.madoff.com/">http://www.madoff.com/</a><a style="font-family: verdana;"><br />COURT PAPERS<br /></a><a style="font-family: verdana;" href="http://online.wsj.com/public/resources/documents/madoff.pdf"><span style="font-weight: bold;">http://online.wsj.com/public/resources/documents/madoff.pdf</span></a><br /><br /><br /><a style="font-family: verdana;" href="http://www.thebigmoney.com/articles/judgments/2008/12/12/madoff-dilemma"><span style="font-weight: bold;">How Can You Spot A Wall Street Crook?</span></a><br /><span class="submitted" style="font-family:verdana;"><span class="post-date">December 12, 2008<br /><br /></span></span><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><span style="color:black;"><a href="http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article5333901.ece">$50 billion at stake after Wall St broker Bernard Madoff is arrested over ‘world’s biggest swindle’</a>: </span></span><a id="top" target="_self" style="text-decoration: none; font-family: verdana;">December 13, 2008<br /><br /></a><a style="font-weight: bold; font-family: verdana;" href="http://freedom4um.com/cgi-bin/readart.cgi?ArtNum=92243"><br />Lessons For Madoff Investors From The Bayou Fund Ponzi Scheme</a><br /><span class="RA_Data" style="font-family:verdana;">Dec 12, 2008<br /><br /><br /><a href="http://www.libertypost.org/cgi-bin/readart.cgi?ArtNum=249230"><span style="font-weight: bold;">Madoff case to rock already shaky hedge funds</span></a><br /></span><span style=";font-family:verdana;font-size:100%;" >2008-12-14<br /><br /><a href="http://www.freerepublic.com/focus/f-news/2148259/posts"><br /><span style="font-weight: bold;">Geneva banks lost more than $4 bln to Madoff-paper</span></a><br /></span><small style="font-family:verdana;"><span style="font-family:verdana;">Sat Dec 13, 2008</span><br /><br /><span style="font-size:100%;"><span style=";font-family:verdana;font-size:130%;" ><a href="http://goldismoney.info/forums/showthread.php?t=331048"><br /><span style="font-weight: bold;font-size:100%;" >SEC got tips about Madoff several years ago</span></a></span><br /></span></small><span style="font-family:verdana;">December 13th</span><br /><span style="font-size:100%;"><br /></span><br /><span style="font-weight: bold;font-family:verdana;" >Is Bernie Madoff Jewish? Very. Oy.<br /></span><span style="font-size:100%;">December 12, 2008</span><br /><a href="http://www.jewishjournal.com/united_states/article/is_bernie_madoff_jewish_very_oy_20081212/">http://www.jewishjournal.com/</a><br /><br /><span style=";font-family:verdana;font-size:100%;" ><a style="font-weight: bold;" href="http://www.freerepublic.com/focus/f-news/2148724/posts">Investor Furor Over '$50B Scam'</a></span><br /><small>December 13, 2008<br /></small><span style="font-weight: bold;font-family:verdana;font-size:100%;" ><a href="http://clusterstock.alleyinsider.com/2008/12/palm-beach-smashed-by-hurricane-bernie"></a><br /><br /><br /></span>sbkshttp://www.blogger.com/profile/11534262673439163674noreply@blogger.com3tag:blogger.com,1999:blog-20033377.post-42937332613514400062008-07-17T01:11:00.000-07:002008-07-17T11:42:18.761-07:00SPECIAL FANNIE MAE-FREDDIE MAC (7/11-18)<a style="font-family: verdana;" href="http://www.portfolio.com/news-markets/national-news/reuters/2008/07/11/top-funds-may-have-lost-4-billion-on-freddie-fannie-this-week">Top funds may have lost $4 billion on Freddie, Fannie this week</a><span style="font-family:verdana;"> </span><br /><a style="font-family: verdana;" href="http://www.libertypost.org/cgi-bin/readart.cgi?ArtNum=231055">Fannie and Freddie in danger</a><br /><a style="font-family: verdana;" href="http://freedom4um.com/cgi-bin/readart.cgi?ArtNum=83477">U.S. Weighs Takeover of Two Mortgage Giants</a><span style="font-family:verdana;"> </span><br /><a style="font-family: verdana;" href="http://www.nytimes.com/2008/07/12/business/12fannie.html?th&emc=th">Worst Fears Ease, for Now, on Mortgage Giants’ Fate</a><span style="font-family:verdana;"> </span><br /><a style="font-family: verdana;" href="http://www.libertypost.org/cgi-bin/readart.cgi?ArtNum=230909">Fannie, Freddie insolvent, Poole tells Bloomberg</a><span style="font-family:verdana;"> </span><br /><a style="font-family: verdana;" href="http://www.freerepublic.com/focus/f-news/2043486/posts">We're All Homeowners: Nationalization of Fannie, Freddie Unavoidable</a><br /><a style="font-family: verdana;" href="http://www.guardian.co.uk/commentisfree/2008/jul/14/stockmarkets.useconomy">Fannie Mae, Freddie Mac and a nightmare on Wall Street</a><span style="font-family:verdana;"> </span><br /><span style="font-family:verdana;"> </span><a style="font-family: verdana;" href="http://seekingalpha.com/article/84528-fannie-and-freddie-indeed-too-big-to-fail?source=d_email">Fannie and Freddie - Indeed, Too Big To Fail</a><span style="font-family:verdana;"> </span><br /><a style="font-family: verdana;" href="http://seekingalpha.com/article/84585-who-s-to-blame-for-the-current-economic-situation?source=d_email">Who's to Blame for the Current Economic Situation?</a><span style="font-family:verdana;"> </span><br /><span style="font-family:verdana;"> </span><a style="font-family: verdana;" href="http://www.cbsnews.com/stories/2008/07/13/business/main4256693.shtml">Paulson Seeks Authority to Shore Up Fannie, Freddie </a><br /><a style="font-family: verdana;" href="http://www.doctorhousingbubble.com/how-fannie-met-freddie-the-true-hollywood-story-of-fannie-mae-and-freddie-mac/">The True Hollywood Story of Fannie Mae and Freddie Mac</a><span style="font-family:verdana;"> </span><br /><a style="font-family: verdana;" href="http://www.guardian.co.uk/business/2008/jul/14/stockmarkets.useconomy">Fed launches rescue plan for stricken mortgage firms</a><span style="font-family:verdana;"> </span><br /><a style="font-family: verdana;" href="http://globaleconomicanalysis.blogspot.com/2008/07/operation-rescue-fannie-underway.html">Operation "Rescue Fannie" Underway - Paulson a Blatant Liar</a><span style="font-family:verdana;"> </span><br /><a style="font-family: verdana;" href="http://freedom4um.com/cgi-bin/readart.cgi?ArtNum=83549">Long Protected by Washington, Fannie and Freddie Ballooned</a><span style="font-family:verdana;"> </span><br /><a style="font-family: verdana;" href="http://moneynews.newsmax.com/streettalk/faber_fed_a_joke/2008/07/10/111672.html">Marc Faber: Bernanke, Fed a 'Joke' </a><br /><span style="font-family:verdana;"> </span><a style="font-family: verdana;" href="http://www.portfolio.com/news-markets/national-news/reuters/2008/07/11/top-funds-may-have-lost-4-billion-on-freddie-fannie-this-week">Top funds may have lost $4 billion on Freddie, Fannie this week</a><span style="font-family:verdana;"> </span><br /><a style="font-family: verdana;" href="http://goldismoney.info/forums/showthread.php?t=281147">The Fannie and Freddie doomsday scenario</a><span style="font-family:verdana;"> </span><br /><span style="font-family:verdana;"> </span><a style="font-family: verdana;" href="http://www.cbsnews.com/stories/2008/07/13/ap/business/main4256707.shtml">Fed says Fannie and Freddie are the last to get bailed out</a><br /><span style="font-family:verdana;"> </span><a style="font-family: verdana;" href="http://www.prisonplanet.com/fannie-and-freddie-a-run-on-the-bank.html">Fannie and Freddie: A Run on the Bank?</a><span style="font-family:verdana;"> </span><br /><a style="font-family: verdana;" href="http://www.lewrockwell.com/rockwell/fascist-creations-fdr.html">Fannie, Freddie, Fascist</a><br /><span style="font-family:verdana;"> </span><a style="font-family: verdana;" href="http://mises.org/story/3045">Freddie, Fannie, and Curses on FDR</a><br /><span style="font-family:verdana;"> </span><a style="font-family: verdana;" href="http://www.libertypost.org/cgi-bin/readart.cgi?ArtNum=231167">Fannie, Freddie May Need to Lose $77 Billion First </a><br /><a style="font-family: verdana;" href="http://www.freerepublic.com/focus/f-news/2045057/posts">Treasury statement on Fannie and Freddie</a><span style="font-family:verdana;"> </span><br /><span style="font-family:verdana;"> </span><a style="font-family: verdana;" href="http://www.freerepublic.com/focus/f-news/2044999/posts">A New American Reality: Government As Provider</a><span style="font-family:verdana;"> </span><br /><a style="font-family: verdana;" href="http://www.telegraph.co.uk/money/main.jhtml?view=DETAILS&grid=&xml=/money/2008/07/13/cnmac113.xml">Freddie Mac and Fannie Mae future may rest with US Treasury</a><span style="font-family:verdana;"> </span><br /><span style="font-family:verdana;"> </span><a style="font-family: verdana;" href="http://www.businessweek.com/bwdaily/dnflash/content/jul2008/db20080711_018362.htm?chan=top+news_top+news+index_top+story">Time to Let Fannie and Freddie Wither?</a><span style="font-family:verdana;"> </span><br /><span style="font-family:verdana;"> </span><a style="font-family: verdana;" href="http://www.bloomberg.com/apps/news?pid=20601087&sid=a7hS5BuYqeR8&refer=home">Fannie Plan a `Disaster' to Rogers; Goldman Says Sell</a><br /><span style="font-family:verdana;"> </span><a style="font-family: verdana;" href="http://freedom4um.com/cgi-bin/readart.cgi?ArtNum=83539">Obama Says U.S. May Not Take Any Action to Aid Fannie, Freddie</a><span style="font-family:verdana;"> </span><br /><span style="font-family:verdana;"> </span><a style="font-family: verdana;" href="http://seekingalpha.com/article/84795-the-canary-in-the-coalmine-for-fannie-freddie?source=d_email">The 'Canary in the Coalmine' for Fannie, Freddie</a><span style="font-family:verdana;"> </span><br /><span style="font-family:verdana;"> </span><a style="font-family: verdana;" href="http://seekingalpha.com/article/84841-fannie-freddie-myth-vs-reality-part-2?source=d_email">Fannie & Freddie: Myth vs. Reality, Part 2</a><span style="font-family:verdana;"> </span><br /><span style="font-family:verdana;"> </span><a style="font-family: verdana;" href="http://www.nytimes.com/2008/07/14/opinion/14krugman.html">Fannie, Freddie and You</a><span style="font-family:verdana;"> </span><br /><span style="font-family:verdana;"> </span><a style="font-family: verdana;" href="http://article.nationalreview.com/?q=MDBlMmQxMjBkMDUzZDczNzE3Y2RjYmZiYzlkODNjYTQ=">The Saga of Fannie and Freddie</a><span style="font-family:verdana;"> </span><br /><span style="font-family:verdana;"> </span><a style="font-family: verdana;" href="http://www.tickerforum.org/cgi-ticker/akcs-www?post=52379">Japan's Freddie, Fannie exposure totals $56 billion </a><br /><span style="font-family:verdana;"> </span><a style="font-family: verdana;" href="http://www.youtube.com/watch?v=rcIBFLSmVGA">VIDEO Rogers: Fannie and Freddie - let the patient pass away</a><span style="font-family:verdana;"> </span><br /><span style="font-family:verdana;"> </span><a style="font-family: verdana;" href="http://freedom4um.com/cgi-bin/readart.cgi?ArtNum=83701">How Fannie, Freddie Became Kings Of The Hill</a><span style="font-family:verdana;"> </span><br /><span style="font-family:verdana;"> </span><a style="font-family: verdana;" href="http://www.freerepublic.com/focus/f-news/2046200/posts">Why the central bank is real winner of Fannie Mae/Freddie Mac woes </a><br /><span style="font-family:verdana;"> </span><a style="font-family: verdana;" href="http://www.nytimes.com/2008/07/16/business/16fannie.html?_r=1&th&emc=th&oref=slogin">Opposition, From Both Parties, Over Bailout Plan</a><span style="font-family:verdana;"> </span><br /><span style="font-family:verdana;"> </span><a style="font-family: verdana;" href="http://www.gata.org/node/6427">Bailout of Fannie and Freddie fails to calm nerves</a><span style="font-family:verdana;"> </span><br /><span style="font-family:verdana;"> </span><a style="font-family: verdana;" href="http://www.freerepublic.com/focus/f-news/2046409/posts">Fannie And Freddie Are Fine, Bernanke Says</a><span style="font-family:verdana;"> </span><br /><span style="font-family:verdana;"> </span><a style="font-family: verdana;" href="http://www.freerepublic.com/focus/f-news/2046279/posts">Finish the Companies Off</a><span style="font-family:verdana;"> </span><a style="font-family: verdana;" href="http://business.smh.com.au/business/fannie-freddie-troubles-ominous-for-asia-20080716-3fp3.html">Fannie, Freddie troubles ominous for Asia</a><span style="font-family:verdana;"> </span><br /><span style="font-family:verdana;"> </span><a style="font-family: verdana;" href="http://www.businessweek.com/bwdaily/dnflash/content/jul2008/db20080715_178267.htm?chan=top+news_top+news+index_top+story">Investors Flee</a><br /><a style="font-family: verdana;" href="http://www.politico.com/news/stories/0708/11781.html">Fannie, Freddie spent $200M to buy influence</a><br /><a style="font-family: verdana;" href="http://goliath.ecnext.com/coms2/gi_0199-3381382/Goal-oriented-Fannie-Mae-and.html#abstract">Fannie Mae and Freddie Mac every year are required to meet affordable housing goals</a><span style="font-family:verdana;"> </span><br /><a style="font-family: verdana;" href="http://elainemeinelsupkis.typepad.com/money_matters/2008/07/elaine-meine-11.html">Naked Short Sellers Attack Fannie Mae!</a><span style="font-family:verdana;"> </span><br /><a style="font-family: verdana;" href="http://www.fool.com/investing/general/2008/07/16/will-fannie-and-freddie-go-to-zero.aspx">Will Fannie and Freddie Go to Zero?</a><br /><span style="font-family:verdana;"> </span><a style="font-family: verdana;" href="http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/07/14/ccmae114.xml">American Dream turns to nightmare</a><span style="font-family:verdana;"> </span><br /><a style="font-family: verdana;" href="http://www.atimes.com/atimes/Global_Economy/JG12Dj04.html">And now, for Fannie and Freddie</a><br /><span style="font-family:verdana;"> </span>sbkshttp://www.blogger.com/profile/11534262673439163674noreply@blogger.com0tag:blogger.com,1999:blog-20033377.post-22142547870292940902008-06-27T12:40:00.000-07:002008-06-27T12:41:39.233-07:00Thinking about flip-flops By Fred Cederholm<span style="font-family: verdana;font-family:Arial;font-size:85%;" ><p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size:100%;">Column for on/after June 22nd<br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> <br /></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> </span>I’ve been thinking about flip-flops. Actually I’ve been thinking about the 55 words of the Miranda warning, Election 2008, the candidates, being silent, the court of public opinion, attorney(s), and the government picking up the tab. The 1963 court case of Miranda vs. Arizona ultimately gave rise to the ever-pervasive Miranda warning which advises individuals who are being arrested of their rights. Those 55 words so often pop up in the TV dramas that the American public has committed them to memory.</span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> </span><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;">You see as the Election 2008 Presidential Campaign continues to unwind; it also appears that the reading of these rights should be done to our political candidates as well. This is shaping up to be a particularly aggressive slug fest. In the 2004 election, “flip-flops” entered our lexicon as a derogatory assessment of what a candidate was doing. They said one thing, made promises, and divulged strategies only to change their minds and recant on the earlier positions. This is nothing new! The advent of the internet and proliferation of web blogs, chat rooms, and netizen monitoring has picked up the slack in news coverage and analysis by the traditional media forums. It is harder and harder to deny statements, positions, and policy declarations when clips of them are so readily available (in perpetuity) on the net. </span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> </span><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;">In recent weeks I’ve noted an escalation in blog commentaries, pseudo news stories, and emails which are trashing one presidential candidate --- or the other: 100 reasons to NOT vote for…, “X” plans to greatly increase taxes and oppressive government regulation, “Y” has sold out to special interests and will sell out the country, the “wars” in Afghanistan or Iraq) will be abruptly ended (OR continue indefinitely) to the detriment of our entire way of life. Even if completely fabricated and untrue, once out there; a candidate must commit valuable time and resources to counter, deny, or refute such points.</span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> </span><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;">Whoever “wins” the November election, effectively “loses!” The victor faces diplomatic, military, economic, financial, energy, social, AND philosophical powder kegs – any one of which could prove devastating to our system(s). There are NO simple, quick, and painless fixes. We need REAL leadership, but there will be a REAL temptation to resort to the security of the points of the Miranda warning. <span style=""> </span></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> </span><b style=""><i style=""><span style="" lang="EN"><br /></span></i></b></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><b style=""><i style=""><span style="" lang="EN"><br /></span></i></b></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><b style=""><i style=""><span style="" lang="EN">You have the right to remain silent: </span></i></b><span style="" lang="EN">What candidate has ever NOT regretted saying “something?” Even if a comment (or word choice) was sincerely and innocently made, there is safety in resorting only to clichés, platitudes, and “pabulum.” We’ve already experienced “great” rhetoric --- saying nothing! </span></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style="" lang="EN"><span style=""> </span></span><span lang="EN"><span style=""> </span></span><b style=""><i style=""><span style="" lang="EN"><br /></span></i></b></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><b style=""><i style=""><span style="" lang="EN"><br /></span></i></b></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><b style=""><i style=""><span style="" lang="EN">Anything you say can and will be used against you in a court of law: </span></i></b><span style="" lang="EN">Here the court of public opinion of the electorate will be the jury come November. Despite careful vetting of words, policies, and statements geared to appeal to the respective core party bases; mistakes will be made. These will require costly backtracking and/ or damage control - thus keeping the candidates from being honest and forthright with US/us. This does a major disservice to the electorate and we deserve far better than this.</span></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="" lang="EN"><span style="font-size:100%;"><span style=""> </span><b style=""><i style=""><br /></i></b></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="" lang="EN"><span style="font-size:100%;"><b style=""><i style=""><br /></i></b></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="" lang="EN"><span style="font-size:100%;"><b style=""><i style="">You have the right to speak to an attorney, and to have an attorney present during any questioning:</i></b> What candidate does NOT already have an army of attorneys, pollsters, political consultants, or spinmeisters? These were all “needed” to get the current party frontrunners to the point where they (in theory) have sewed up their respective nominations BEFORE their party’s conventions. One wonders if the messages being hawked (or planned to be hawked) are truly those of the candidates, or they are the consensus of respective campaign teams as to what the public wants to hear, are essential in firing up the party base, and are ultimately essential to winning the November Election?<span style=""> </span></span></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="" lang="EN"><span style="font-size:100%;"><span style=""> <span style="font-style: italic;"><span style="font-weight: bold;"><br /></span></span></span></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="" lang="EN"><span style="font-size:100%;"><span style=""><span style="font-style: italic;"><span style="font-weight: bold;"><br /></span></span></span></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="" lang="EN"><span style="font-size:100%;"><span style=""><span style="font-style: italic;"><span style="font-weight: bold;"></span></span></span><b style=""><i style="">If you cannot afford a lawyer, one will be provided for you at government expense: </i></b>If the candidate’s team does NOT feel they can raise the necessary bucks from the party faithful, the lobbyists, the PACs, and the special interests; they can agree to abide by the constraints of accepting Federal Election Monies and suck in Uncle $ugar’s cash. This will effectively limit their final run for the White House to $100 MILLION per major party. Upwards to a HALF a BILLION was spent on the primaries!</span></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> <br /></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><br /><span style="font-size:100%;"><span style=""></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""></span>I hope and pray the 2008 candidates don’t resort to the confines and protections of the Miranda warning. This would be a disservice to the functioning of a real horserace election. A campaign limited to “muted” debates and silent posters featuring perfect hair, pearly smiles, and postcard families; just isn’t going to cut it. I’m Fred Cederholm and I’ve been thinking. You should be thinking, too.</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt;"><br /></p><p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-weight: bold;"><span style="font-size:78%;">Copyright 2008 Questions, Inc. All rights reserved.</span></p></span>sbkshttp://www.blogger.com/profile/11534262673439163674noreply@blogger.com1tag:blogger.com,1999:blog-20033377.post-72057274139676410842008-06-18T15:27:00.000-07:002008-06-18T15:32:09.519-07:00Thinking about installments By Fred Cederholm<span style=";font-family:Arial;font-size:85%;" ><p class="MsoNormal" style="margin: 0in 0in 0pt;font-family:verdana;"><span style="font-size:100%;">Column for on/after June 15th</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt;font-family:verdana;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt;font-family:verdana;"><span style="font-size:100%;"><span style=""> </span>I’ve been thinking about installments. Actually I’ve been thinking about the housing bubble, property taxes, pecking orders, escrow payments, deficits, and cash flow. The housing bubble continues to pass its gas. While this is a huge problem that refuses to go away and continues to grow in magnitude, the stories on page one and newscasts have devoted little if any time, space, and ink to it. Fuel prices, food prices, election 2008 and “the flood” of natural disasters; have pushed it to the back burner.<span style=""><br /></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt;font-family:verdana;"><br /><span style="font-size:100%;"><span style=""></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt;font-family:verdana;"><span style="font-size:100%;"><span style=""><br /></span></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt;font-family:verdana;"><span style="font-size:100%;"><span style=""> </span>You see last Friday the first installment of our property tax bills for Calendar 2007 billings came due for those of us in Ogle County, Illinois. This was particularly fitting that this time it fell on Friday the 13th. In my case, the two RE tax payments are the hands-down largest checks I write every year. The insurance premiums on my home, auto, and life policies are in distant third, fourth, and fifth place. I suspect this order of magnitude ranking is also true for a great many American households.</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt;font-family:verdana;"><br /></p><p class="MsoNormal" style="margin: 0in 0in 0pt;font-family:verdana;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt;font-family:verdana;"><span style="font-size:100%;"><span style=""> </span>It will be interesting to see a few weeks down the road how many households were late (or delinquent) in meeting this critical deadline. While there might be a press release detailing the parcels which failed to get the first installment paid, it is more common to publicize the specific delinquencies about a month or so after the second installment comes due and was not paid. This usually precedes the “tax sales” publicized by the county officials responsible for the collection of the real estate taxes. The dates of these events vary from county to county - and from state to state. Still… the system of “selling” the unpaid taxes to third parties will occur on a prescribed timetable everywhere across America.</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt;font-family:verdana;"><br /></p><p class="MsoNormal" style="margin: 0in 0in 0pt;font-family:verdana;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt;font-family:verdana;"><span style="font-size:100%;"><span style=""> </span>Amounts owed to the respective property tax collectors stand in the FIRST position of the pecking order of who gets their money when a homeowner falls behind in their payments. Virtually every local and regional governmental (and quasi-governmental) entity depends upon the proceeds from real estate tax revenues to underwrite the lion’s share of their expenses, salaries, and pensions. These include the county, township, and municipal governments; and the school, fire, library, and park districts as well.<span style=""><br /></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt;font-family:verdana;"><br /><span style="font-size:100%;"><span style=""></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt;font-family:verdana;"><span style="font-size:100%;"><span style=""><br /></span></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt;font-family:verdana;"><span style="font-size:100%;"><span style=""> </span>Late payment or non-payment of these taxes could prove costly for the property “owners.” At the very least, there will be fines and penalties accessed. If the unpaid balances are “auctioned” off to third party investors, these investors are entitled to rates of interest that far exceed the going rates paid elsewhere right now. Annualized rates of 10%, 12%, 14%, or more are not uncommon. After a varying prescribed period of time - should the property “owner” not make full restitution for the taxes, penalties, AND interest – the third party investor could take full title to the property.</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt;font-family:verdana;"><br /></p><p class="MsoNormal" style="margin: 0in 0in 0pt;font-family:verdana;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" face="verdana" style="margin: 0in 0in 0pt;"><span style="font-size:100%;"><span style=""> </span>Most property occupants make supplemental monthly payments to the holders of their mortgages for the payment of the respective property taxes. These are held in escrow and tendered to the RE tax collectors by the “lenders” when the installments come due. If the mortgage escrow payments are not being made timely by the borrowers, the lenders must advance their own money to cover the taxes to “perfect” or secure their liens on the properties. Or… they simply do not make the payments on behalf of the occupants. I would suspect that since arrears in mortgage payments are escalating to record levels on a month by month basis, escrow payments are growing increasingly in arrears as well.<span style=""><br /></span></span></p><p class="MsoNormal" face="verdana" style="margin: 0in 0in 0pt;"><br /><span style="font-size:100%;"><span style=""></span></span></p><p class="MsoNormal" face="verdana" style="margin: 0in 0in 0pt;"><span style="font-size:100%;"><span style=""><br /></span></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> </span>I would be hard pressed to cite ONE local (or regional) governmental or quasi-governmental entity that isn’t facing deficits, budgetary mismatches, and/ or cash flow problems now. Costs of this past winter far exceeded estimates/ projections. Current costs of fueling their fleets of vehicles are thru the roof. Since most of these entities have June 30th year ends, the public will not be made fully aware of these deficiencies and deficits until financial statements are made public sometime later this Summer, or Fall. These entities are counting on the RE tax proceeds right now!</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><br /></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> </span>Even if your household is lucky enough to be mortgage free, you are still “renting” from the local taxing bodies which appear as line items on your real estate tax bill. If you don’t believe me, just try NOT paying your property tax bills for a couple taxing cycles and see how long you are allowed to stay in your “own/ owned” home. I’m Fred Cederholm and I’ve been thinking. You should be thinking, too.</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt;"><br /></p><p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-weight: bold;"><span style="font-size:78%;">Copyright 2008 Questions, Inc. All rights reserved.</span></p></span>sbkshttp://www.blogger.com/profile/11534262673439163674noreply@blogger.com0tag:blogger.com,1999:blog-20033377.post-58178216573692574152008-06-11T10:56:00.000-07:002008-06-11T11:02:31.399-07:00Thinking about running mates By Fred Cederholm<p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"> Column for on/after June 8th<br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; text-indent: 0.5in; font-family: verdana;"><span style="font-size:100%;"><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; text-indent: 0.5in; font-family: verdana;"><span style="font-size:100%;">I’ve been thinking about running mates. Actually I’ve been thinking about Campaign 2008, strategies, Vice Presidents, Lieutenant Governors, and “term” life insurance. The election/ selection process for Campaign 2008 is entering the next phase before the national party nominating conventions are held later this summer and the really hard-core campaigning begins in earnest before the November elections. We the People… pretty much know who will head the two major party tickets at this point, but who will run as the candidates for the Veep position is still a huge unknown.<span style=""> </span></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> <br /></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><br /><span style="font-size:100%;"><span style=""></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""></span>You see the position of the Vice President is hardly the deciding factor in why voters cast their ballots for this nation’s chief executive. Still… the position is very important in that this is the individual who is literally a “heartbeat” away from the Oval Office in the event that the President (for whatever reason) cannot complete their term of office. Despite all of the lobbying and arm twisting from special interests and party poobahs, the final decision rests with the person at the top of the ticket. This is as it should be. It must be noted that initially in our history, the Veep was the person who came in second.</span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> <br /></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""><br /></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> </span>Strategies and political maneuvering do enter into the choice for positive (and negative) reasons. It should be important that the choice is an individual (who if the unTH*NKable occurs) can effectively function as the nation’s chief executive. That has not always been true. Vice Presidential running mates are sometimes selected to achieve geographical, philosophical, and political balance. This is done to garner “wider” appeal for the ticket with the general electorate, to placate special interests within the party, and even to stroke the ego/ personalities of the candidate running for President. The Veep choices maybe be made to complement the strengths of the lead candidate, or they may even be made to focus the jokes and the criticism away from the Chief executive once they are elected. We’ve seen all of this.</span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> <br /></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><br /><span style="font-size:100%;"><span style=""></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""></span>In my adult lifetime, there have been Vice Presidents who were eminently qualified, while there have been others who have proven to be “real pieces of work.” Really strong candidates/ personalities for the Oval Office (who felt confident of their election because of the “legacies” of their immediate predecessors) tended to pick running mates who left the voting public asking:<span style=""> </span>“WHY?” When Nixon selected Agnew in 1968, the headlines ran: “What is a Spiro Agnew?” This choice proved very strategic because in the aftermath of Watergate, Nixon was secure in his tenure as the President ONLY as long as Agnew remained as the Vice President. All bets were off once Spiro was ousted, Nixon was forced to resign, and the replacement Veep Jerry Ford ultimately assumed the Presidency. Some twenty years later the electorate saw headlines: “What is a Dan Quayle?” Quayle took the brunt of the jokes and frivolous criticism. Papa Bush finished his first administration, but the team was not re-elected for a second term. </span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> <br /></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""><br /></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""><br /></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> </span>Presumed democratic candidate Barack Obama is now under a great deal of pressure to choose Mrs. Clinton as his running mate. There are strong historical precedents for this; and, in essence, this “kind of” follows in the founding fathers’ original method whereby the “second” vote-getter receives the nod. I don’t see this happening as the pre-convention campaign was too bitterly fought between the two. Despite all of the major in-party arm twisting; concerns of a troika (three horse driven vehicle) with an Obama, Clinton, AND Clinton co-presidency should more than sway Obama away from that choice.</span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> <br /></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><br /><span style="font-size:100%;"><span style=""></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""></span>In Illinois, we have seen similar “political” posturing in the selection of our Lieutenant Governor. There are common threads with some different twists. Corrine Wood proved to a “term” life insurance policy for former Governor Ryan. She was eminently qualified to be Lieutenant Governor and to replace the Governor - having a long history of Illinois elected office. She was a hard nosed politico who had stepped on a lot of toes over the years and made a lot of foes in the process. Despite the corruption and scandals surrounding George Ryan, the legislature left him to finish his term - in-part to preclude making Wood the Illinois Governor. George Ryan was tried, convicted, and sentenced to the slammer; AFTER he left office. Corrine Wood was denied the governorship in the process. </span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> </span><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;">We in Illinois are now again enduring letting the clock run out for a highly controversial (and very negatively perceived) Governor. Rod Blagojevic can actually be said to make George Ryan look like an effective chief executive who does proud for the citizens of Illinois! His understudy, the Lieutenant Governor Pat Quinn, had an almost “Dan Quayle laughableness” to him when he came into his office. Yet in his six years tenure; he has literally remade his image and the do-nothing perception of the Office of Lieutenant Governor.<span style=""> </span>I’m Fred Cederholm and I’ve been thinking. You should be thinking, too.</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><br /></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:78%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana; font-weight: bold;"><span style="font-size:78%;">Copyright 2008 Questions, Inc. All rights reserved.</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana; font-weight: bold;"><span style="font-size:78%;">asklet@rochelle.net</span></p>sbkshttp://www.blogger.com/profile/11534262673439163674noreply@blogger.com1tag:blogger.com,1999:blog-20033377.post-29157870188282978972008-06-05T07:46:00.000-07:002008-06-05T07:53:05.353-07:00Thinking about respect And semantics By Fred Cederholm<p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;">Column for on/after June 1st<br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; text-indent: 0.5in; font-family: verdana;font-family:verdana;"><span style="font-size:100%;">I’ve been thinking about semantics. Actually I’ve been thinking about books, hypothetical contingencies, our financial messes, election 2008, and USA - the United Spinning(s) of America. Semantics are word games. Semantics involve choosing/ using “loaded words and phrases” to bias opinions in favor of your agenda, your objective, and your side. In the alternative, careful word choices undercut your opponent’s position, strategy, and objectives. Accentuate the positive(s) and mitigate the negative(s) are first and foremost the game plan in economics, finance, marketing, and politics!</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; text-indent: 0.5in; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; text-indent: 0.5in; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; text-indent: 0.5in; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><br /><span style=""> </span></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><span style=""> </span>You see the forthcoming “tell-all” by former Presidential Press Secretary, Scott McClellan, that the American Public<span style=""> </span>was mislead to war in Iraq by the Bush Administration and that the American Press/ media dropped the ball in the reporting of the events/ justifications leading up to the invasion on March 19th, 2003 got a great deal of media brouhaha last week. The snips and snibbets leaked during the book’s pre-release condemning the Administration (and the media) for the “non-truths” divulge nothing new. (McClellan doesn’t use the word “lies” behind the justifications for war or outing of Valerie Plame by Veep Chief of Staff Libby.) Most of US/us already “knew” or at least suspected as much. No smoking guns are revealed here. If there were… we’d have heard about them! The White House and the “speaking” friends have been amazingly silent in their direct denials – choosing rather to discredit the book as merely the disgruntled musings of a frustrated former employee seeking to cash in on his Executive Branch tenure. This also is nothing new. Truth, or true “reality,” lies somewhere in between.</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><span style=""> </span>Famed prosecutor and New York Times best selling author of <b style=""><i style="">Helter Skelter</i></b> (the Tate- LaBianca murders by the Charles Manson cult), Vincent Bugliosi, has only just penned a “fictional” work – <b style=""><i style="">The Prosecution of George W. Bush for Murder.</i></b> The McClellan book’s premises/ speculations pale in comparison to the implications of this Bugliosi work. While pre-distribution/ marketing presents <b style=""><i style="">“Prosecution”</i></b> as a tight, meticulously researched legal case putting George W. Bush on trial in an American courtroom for the murder of nearly 4,000 American soldiers fighting in Iraq, there is already festering speculation abroad that future actions could be brought against Bush, Cheney, Powell, Rice, and/or Rumsfeld in ex-patriot jurisdictions for atrocities of war and crimes against humanity. While such may have been ultimate the fate of Noriega, Pinochet, Saddam, and Hussein’s co-horts; any extradition of Bush poobahs to face the music at some international tribunal just isn’t going to happen – trust me!</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><span style=""> </span>There will undoubtedly be more leaked disclosures of concerted “non-truth” telling justifying the war. I’m certain there were “good” reasons for this war, we just haven’t been made privy to them. It is not the rich, the well-born, and the powerful who pay the price of major conflicts with their blood, their injuries, their sacrifices, and their deaths. Wars for economic benefit of corporations, financial moguls, or vested interests just “don’t play well in Peoria” – you need to fire up the patriotism and the intangible beliefs of the masses to garner the necessary support as the <b style=""><i style="">casus belli</i></b> – the justification for acts of war. The post-election Congress will undoubtedly convene more hearing investigations “to put the matter to rest” (as in bury it for a generation or more). There will be the obligatory: “Mr./Miss/Ms… what did the President know, and when did he know it?” Like Watergate of some 30 years ago, not much will come of the costly Congressional hearings, and not much will really change – cynical yes, but ultimately true.</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><span style=""> </span>The public was not only left out of the loop regarding the real justifications for war, we are still being kept in the dark regarding the severity and duration of our looming financial messes. Things are far from well in Mudville. Uncle $ugar is stepping up to the plate like the mighty Casey to turn the game around, but despite the $70+ plus BILLION “invested” in the US by foreign sovereign wealth funds since last August and a MUCH larger amount of freshly printed bail-out bucks from the FED; things are NOT improving. We the people… don’t as yet have a clue what will be the ultimate costs in write-offs/ write-downs for ALL that looming exposure out there. Those who might be in the know, aren’t talking.</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><span style=""> </span>This week should finalize the Democans and Republicrats candidates for this Presidential run in 2008. Will they fess up to the American public in their campaign messages of “change” and “straight talk” with truthful and honest disclosures of where we are, and where “they” plan to take US/us in their administrations? After all… there is tradition at stake, the USA prevails - the United Spinning(s) of America is as American as apple pie. I’m Fred Cederholm and I’ve been thinking. You should be thinking, too.</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:85%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:85%;">Copyright 2008 Questions, Inc. All rights reserved.</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:85%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:85%;"> </span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:85%;"><b style="">Author’s Note: I didn’t circulate last week’s column TH*NK*NG (RESPECT) because at the time it seemed too local in focus. Plus… I didn’t have access to email for almost 4 days while my ISP service provider did a MAJOR system’s upgrade and conversion. Still… there are points made in that one which take on special meaning in light of this week’s TH*NK*NG (SEMANTICS).</b></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><b style=""><i style=""><br /></i></b></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"> </span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;">Column for on/after May 26th</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; text-indent: 0.5in; font-family: verdana;font-family:verdana;"><span style="font-size:100%;">I’ve been thinking about respect. Actually I’ve been thinking about the Memorial Day 2008 observances, Woodlawn Cemetery, the St. Johns Program, Richard Erickson, small town patriotism, and the 1 plus percent. Memorial Day is observed on the last Monday in May. It began to honor the soldiers who died in the American Civil War, and after World War I - “the war to end all wars.” It was expanded to include those who died in any war or military action as well as honoring living veterans. In the widest context, it provides an opportunity to honor anyone who is no longer with us.<span style=""><br /></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; text-indent: 0.5in; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; text-indent: 0.5in; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><span style=""><br /></span></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><span style=""> </span>You see my hometown - the little Village of Creston - like many thousands of small communities across this land make special observances on Memorial Day. Local businessman, Lyle Headon, a US Marine and Vietnam War Veteran coordinates the ceremonies and program which this year occurred at both Creston’s Woodlawn Cemetery and St John’s Lutheran Church. Woodlawn is a beautifully pastoral setting about a mile North of Creston. There is a meandering stream on two sides. Just to the North is Brody’s Grove where the original settlement was located before the railroad came thru and the village of “Dement” relocated to a “crest of a hill” along the iron horse tracks becoming Creston (nee Crest-town).</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><span style=""> </span>It has been a Creston tradition to gather at the cemetery to pay respects to those who have served this nation in the military in both times of war and in times of peace. Every year there is a roll call of names of all the departed veterans interred there. Woodlawn is the final resting place for veterans from the War of 1812, the America Civil War, the Spanish American War, World War I, Word War II, Korea, and Vietnam. Each veteran’s grave displays the appropriate bronze flag holder (for their service) and an American flag. Normally, weather permitting, there were patriotic songs, a special speaker, taps, and a bagpipe medley before a fellowship meal was shared by the participants at the cemetery. This year most of the program, and the common meal occurred in town at St. Johns Church.</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><span style=""> </span>The 2008 keynote speaker was Richard Erickson (US Army Reserves) who has only just recently completed his second tour of duty in Iraq. Richard is a quiet, soft spoken man of few words; but in his presentation, he so eloquently shared thoughts on an experience that will forever be a part of his life experience (and now ours). He looked upon his action as both a duty and a responsibility requiring sacrifices and support beyond his own person. He drew upon his family, his community, his faith, and his friends. He singled out his brother John, Leslie (John’s wife) and his mother Donna, for taking care of his two teen age children during his 23 month absence for special thanks. And…he thanked the audience of friends and neighbors for their letters, packages, and prayers. He was SO glad to be home!</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><span style=""> </span>In describing the ongoing conflict over there, Richard made a distinction that is so often missed in the discussions about both Iraq and Afghanistan. This is “a war,” but it is a war without distinct borders, without distinct sovereign players, without distinct ethnicities, or even distinct nationalities. (Richard’s words.)<span style=""> </span>So often you just don’t know who is a friend, or a foe, until the shooting begins. These are very important components because without distinctly definable players, it is almost impossible to define success, failure, or achieve a conclusion. It is a warfare of “-ISMs” - (Fred’s words, not Richard’s.) The 150, or so, attendees hung on his every word, and were all deeply moved.<span style=""> </span>The same was true for oldest attending veteran’s (Carl Hill) presentation about the “Spirit of Creston” which followed Richard’s.</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;font-family:verdana;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt;font-family:verdana;"><span style="font-size:100%;"><span style="font-family: verdana;"> </span><span style="font-family: verdana;">In the conversations across many of the tables during the communal meal held in the Church’s fellowship hall, a primary focus remained about our ongoing presence in Iraq and Afghanistan. This is very understandable given that literally everyone in this little Northern Illinois community of under 600 has at least one family member, friend, and/ or loved one (or more) presently serving in Afghanistan, or Iraq, (or has one in training and soon to be deployed there). There is Jason (1), Greg, Jason (2), Ann, Kevin, and Derek already over there. Adam is in training at Camp Pendleton, and Charlie is in training at Fort Benning. I should point out that these are ONLY the names of those who are aged 24 and younger! This alone equates to well over 1% of our total local population (of all ages). Please TH*NK about the implications of THAT for a moment!!!</span><span style=""><span style="font-family: verdana;"> </span><br /></span></span></p><p class="MsoNormal" face="verdana" style="margin: 0in 0in 0pt;"><br /></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""><br /></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> </span></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> </span>For us in this small rural community in America’s Heartland each name equates to a face with a family – all of whom we know and love. We are the “Land of the Free, Because of the Brave.” Please remember these young people (and their families) in your Memorial Day thoughts and prayers. I’m Fred Cederholm and I’ve been thinking. You should be thinking, too.</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><br /></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style="font-size:85%;">Copyright 2008 Questions, Inc. All rights reserved.</span> </span></p>sbkshttp://www.blogger.com/profile/11534262673439163674noreply@blogger.com0tag:blogger.com,1999:blog-20033377.post-35337291335799805612008-05-23T10:01:00.000-07:002008-05-23T10:02:58.851-07:00Thinking about contractions By Fred Cederholm<p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style=";font-size:100%;" >Column for on/after MAY 18th, 2008<br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;">I’ve been thinking about contractions. Actually I’ve been thinking about the Summer 2008 driving season, recessions, the March 2008 trade numbers, our trade deficits, our energy deficits, and worldwide gas prices at the pump. Official numbers for our trade deficits, the cumulative trade deficit(s) for the calendar year thus far, our energy import sources, and the “at the pump pricing” for gasoline around the world for this past March were released last week. <span style=""> </span>The results and implications for US/us were actually quite surprising - at least they were not what I had expected. </span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> </span><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;">You see the Summer of 2008 driving season usually kicks off on this coming Memorial Day weekend. Like everyone else I am already shelling out more per week to fuel up my vehicle(s) and am re-allocating expenditures on convenience (and junk) food, eating out, summer apparel, and anything else I don’t absolutely need to buy. I’ve never been a “power shopper” and only frequent the Malls/ retailers when I am pretty much buying gifts for others. From recent conversations,<span style=""> </span>this is becoming common. The definition of recessions is based upon a contraction in spending and consumption. Recent stats for many large retailers showed contraction(s) in 2008’s first quarter. </span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> <br /></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""><br /></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> </span>Our eight largest trade deficits for the month of March 2008 (and 2008 Year to Date) are as follows: China $16.072 Billion ($54.745 Billion YTD), Japan $7.490 Billion ($20.959 Billion YTD), Canada $6.483 Billion, ($18.798 Billion YTD), Mexico $5.974 Billion ($16.613 Billion YTD), Germany $4.483 Billion ($10.802 Billion YTD), Nigeria $3.283 Billion ($9.580 Billion YTD), Venezuela $2.754 Billion ($8.773 Billion YTD), and Saudi Arabia $2.697 Billion ($9.584 Billion YTD), <b style=""><i style="">Our hands-down overall biggest dollar denominated imports</i></b> are for crude oil and petroleum distillates. While dollar values for energy suppliers rose, trade deficits with the others tended to decrease slightly. The March 2008 energy imports (in barrels) were mostly down from a year ago.</span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> <br /></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""><br /></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> </span><span style="color: rgb(32, 32, 32);">The top eight sources of Uncle $ugar’s crude oil imports for March 2008 were: Canada (1.727 Million barrels per DAY--MBPD) down 3%, Saudi Arabia (1.535 MBPD) up 26%, Mexico (1.232 MBPD) down 24%, Nigeria (1.138 MBPD) down 12%, Venezuela (0.858 MBPD) down 17%, Iraq (0.773 MBPD) up 48%, Angola (0.375 MBPD) down 46%, and Algeria (0.232 MBPD) down 54%. Uncle $ugar’s top eight sources of total petroleum imports for March 2008 were: Canada (2.303 MILLION barrels per DAY--MBPD) down .1%, Saudi Arabia (1.542 MBPD) up 24%, Mexico (1.351 MBPD) down 23%, Nigeria (1.158 MBPD) down 14%, Venezuela (1.015 MBPD) down 21% , Iraq (0.773 MBPD)<span style=""> </span>up 48%, Algeria (0.427 MBPD) down 41%, and Russia (0.394 MBPD) down 13%.</span> Crude imports averaged 9.385 MBPD at a March import average price per barrel of crude oil (@ $89.85) was a record. It is important to note that last Friday’s crude pricing reflected an all-time high of over $ 127 per barrel. While consumption may be contracting, the escalating per barrel price will negatively skew the trade deficit figures for April and May when they later become available. </span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> <br /></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""><br /></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> </span>“Pump” prices now hover nationwide at the $4.00 range. US/us are not used to this… and we collectively feel grossly ripped off – we shouldn’t! The worldwide March “at the pump” prices rank the USA (@ $3.45/gallon in March) in the 108th position globally. Gas prices (in dollars per gallon equivalents) then were $9.58 in Eritea, $ 8.73 in Norway, $8.38 in the UK, $ 8.37 in the Netherlands, $8.31 in Monaco, $8.28 in Iceland, $8.22 in Belgium, $8.07 in France, $7.86 in Germany, and $7.84 in Portugal. Working from the lowest worldwide pricing, ranks the US in the 44th position from the bottom. Venezuela was the cheapest at 12 cents per gallon, Iran followed at 40 cents, Saudi Arabia was at 45 cents, Libya was at 50 cents, and Swaziland was at 54 cents. Don’t you wish you could “fill up” in Caracas??? I’m Fred Cederholm and I’ve been thinking. You should be thinking, too.</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><br /></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style=";font-size:100%;" >Copyright 2008 Questions, Inc. All rights reserved.</span></p>sbkshttp://www.blogger.com/profile/11534262673439163674noreply@blogger.com0tag:blogger.com,1999:blog-20033377.post-68498012188558606932008-05-17T12:46:00.000-07:002008-05-18T02:08:27.244-07:00World Food Crisis (non partisan explanation)<a href="http://goldismoney.info/forums/showthread.php?t=263627">(04/08-10) OTC: $100 trillion needed to rebuild energy infrastructure</a> | <a href="http://www.vanityfair.com/politics/features/2008/06/hunt200806">Feud: Oil in the Family </a> | <a href="http://fabiusmaximus.wordpress.com/2008/05/08/doomster/">Peak Oil Doomsters debunked, end of civilization called off</a><br /><br /><a href="http://freedom4um.com/cgi-bin/readart.cgi?ArtNum=79955">(05/05-07) The End of Cheap Food</a> | <a href="http://www.silverbearcafe.com/private/5.08/consumables.html">Level Two - Save Consumables</a> | <a href="http://www.freerepublic.com/focus/f-news/2012290/posts"> White House says farm bill cost still too high - $300bn</a> | <a href="http://www.washingtonpost.com/wp-dyn/content/article/2008/05/05/AR2008050502064.html">A Slap at Schoolchildren - Farm Bill</a> | <a href="http://www.atimes.com/atimes/Global_Economy/JD19Dj03.html">Bankrupt policies, empty stomachs</a> | <a href="http://www.youtube.com/watch?v=0nhamhMEqRI">VIDEO: Bush Addresses 'Global Food Crisis' , Calls for $1 billion for 'global food</a> | <a href="http://goldismoney.info/forums/showthread.php?t=263163">With food costs rising, ethanol benefits now questioned</a> | <a href="http://mises.org/story/2958"> Are We Running Out of Food?</a> <br /><br /><br /><a href="http://www.wsws.org/articles/2008/apr2008/food-a15.shtml">(05/01-04) Amid mounting food crisis, governments fear revolution of the hungry</a> | <a href="http://news.bbc.co.uk/1/hi/business/7344892.stm">World Bank tackles food emergency</a> | <a href="http://economictimes.indiatimes.com/Economy/Food_crisis_Biofuels_under_fire/articleshow/3000594.cms">Biofuels under fire </a> | <a href="http://www.unknownnews.org/080427a-Mahdi.html">Next bubble: Food</a> | <a href="http://www.thepriceofliberty.org/08/04/28/nathan.htm">The new bogeyman: Worldwide hunger and biofuels</a> | <a href="http://www.wsws.org/articles/2008/may2008/food-m02.shtml">Agricultural corporations boast huge profits in midst of food crisis</a> | <a href="http://www.fee.org/in_brief/default.asp?id=2050"> Ethanol Policy Raises Food Prices</a> | <a href="http://www.fee.org/publications/the-freeman/article.asp?aid=3892">Ethanolics Anonymous</a> | <a href="http://www.globalresearch.ca/index.php?context=va&aid=8877">Global Famine</a> | <a href="http://news.bbc.co.uk/2/hi/7381392.stm">UN Urges Biofuel Investment Halt</a> | <a href="http://www.freerepublic.com/focus/f-news/2010638/posts">A Perfect Storm of Stupidity (Food vs. Fuel)</a> <br /><br /><br /><a href="http://www.creators.com/opinion/walter-williams/big-corn-and-ethanol-hoax-2008-03-12.html">(04/27-30) Big Corn and Ethanol Hoax</a> | <a href="http://thehill.com/leading-the-news/ethanol-part-of-food-crisis--says-durbin-2008-04-28.html">Ethanol part of food crisis, says Durbin</a> | <a href="http://www.freerepublic.com/focus/f-news/2008325/posts">Deadly Greed: The Role of Speculators in the Global Food Crisis</a> | <a href="http://www.freerepublic.com/focus/f-news/2007957/posts">Ethanol: It Looks Cheaper, But Looks Can Be Deceiving</a> | <a href="http://www.freerepublic.com/focus/f-news/2007928/posts"> The Real Cost of Tackling Climate Change</a> | <a href="http://goldismoney.info/forums/showthread.php?t=261047">Wall Street Grain Hoarding Brings Farmers Near Ruin, Losses to Food Makers</a> | <a href="http://rawstory.com/news/afp/US_secretary_concedes_biofuels_may__04282008.html">US secretary concedes biofuels may spur food price rises</a> | <a href="http://www.washingtontimes.com/article/20080428/COMMENTARY/296289009/1012">Let them eat ethanol?</a> | <a href="http://article.nationalreview.com/?q=N2RjNGJlNjdmYWY2MWFkMzQ1Mjc5MGJlZDRkODk5NDk=">The Biofuels Disaster Must End </a> | <a href="http://www.informationclearinghouse.info/article19835.htm">The Lords of Capital Decree Mass Death by Starvation</a> <br /><br /><br /><a href="http://www.canadafreepress.com/index.php/article/2557">(04/24-26) Biofuel Madness: Environmentalism exploited for political purposes</a> | <a href="http://www.libertypost.org/cgi-bin/readart.cgi?ArtNum=223000">Soaring food prices due to demand, not investor speculation</a> | <a href="http://www.salon.com/tech/htww/2008/04/23/washington_food_crisis_consensus/index.html"> The Washington food crisis consensus </a> | <a href="http://www.globalresearch.ca/index.php?context=va&aid=8794">Financial speculators reap profits from global hunger</a> | <a href="http://www.atimes.com/atimes/Global_Economy/JD26Dj01.html">Funding the food price fiasco</a> | <a href="http://www.atimes.com/atimes/Global_Economy/JD19Dj03.html">Bankrupt policies, empty stomachs</a> <a href="http://www2.nysun.com/article/75292">Food Crisis Eclipsing Climate Change</a>| <a href="http://www.counterpunch.org/cox04222008.html">The Political Economics of Greenwashing</a> | <a href="http://www.freerepublic.com/focus/f-news/2006737/posts">Wheat Crop Failures Could be Total, Experts Warn</a> | <a href="http://www.freerepublic.com/focus/f-news/2006679/posts"> Hunger stalks millions of poor Americans</a> | <a href="http://www.businessandmedia.org/articles/2008/20080425164048.aspx">Food Riots 'Going to be More Commonplace' </a> | <a href="http://www.washingtonpost.com/wp-dyn/content/discussion/2008/04/25/DI2008042502546.html">Global Food Prices and Africa's Economic Famine</a> <br /><br /><br /><a href="http://themundiclub.blogspot.com/2008/04/bryce-on-ethanol-explosion.html">(04/21-23) Bryce on the Ethanol Explosion</a> | <a href="http://news.bbc.co.uk/2/hi/americas/7359880.stm">Leaders warn on biofuels and food</a> | <a href="http://newsbusters.org/blogs/noel-sheppard/2008/04/21/gores-alarmism-failing-concern-global-warming-same-19-years-ago"> Gore's Alarmism Failing: Concern for Global Warming Same as 19 Years Ago!</a> | <a href="http://www.freerepublic.com/focus/f-news/2004855/posts">Biofuels Under Fire at International Energy Forum</a> | <a href="http://www2.nysun.com/article/74994">Food Rationing Confronts Breadbasket of the World</a> | <a href="http://newstatesman.com/200804170025">How The Rich Starved The World</a> <a href="http://www2.nysun.com/article/74994">Food rationing in the U.S.?</a> | <a href="http://goldismoney.info/forums/showthread.php?t=258538">Food protectionism could provoke a crisis on a par with 1970s oil shocks</a> | <a href="http://freedom4um.com/cgi-bin/readart.cgi?ArtNum=78687">Bio-Foolishness</a> | <a href="http://hnn.us/blogs/entries/49565.html">Biofuels: Who bears the cost?</a> | <a href="http://www.cato.org/pub_display.php?pub_id=9340">Our climate numbers are a big old mess</a> | <a href="http://www.independent.org/newsroom/article.asp?id=2177">Where's the food?</a> | <a href="http://www.foxnews.com/video2/video08.html?videoId=b13efe41-0b7c-4750-8aed-c1c79e8e4b9f&sMPlaylistID">Fox news reports food rationing at Costco and Sams</a> | <a href="http://acuf.org/issues/issue106/080421cul.asp">Ethanol Kills Wildlife - People only starved</a> <br /><br /><br /><a href="http://news.bbc.co.uk/2/hi/asia-pacific/7349975.stm">(04/13-16) North Korea 'faces food crisis'</a> | <a href="http://www.gata.org/node/6233">Prices soaring as biggest grain exporters halt foreign sales</a> | <a href="http://www.mi2g.com/cgi/mi2g/frameset.php?pageid=http%3A//www.mi2g.com/cgi/mi2g/press/140408.php">Why has the Global Food Crisis reached Emergency Proportions?</a> | <a href="http://www.timesonline.co.uk/tol/news/world/europe/article3746899.ece"> France’s answer to global food crisis is EU protectionism</a> | <a href="http://www.freerepublic.com/focus/f-news/2001717/posts">EU defends biofuel goals amid food crises</a> | <a href="http://www.freerepublic.com/focus/f-news/2001694/posts">Economic Pain Of Carbon Cuts Will Be Global</a> | <a href="http://daviddfriedman.blogspot.com/2008/04/global-warming-hidden-assumption.html">Global warming: The hidden assumption</a> | <br /><br /><br /><br /><a href="http://www.commondreams.org/archive/2008/04/07/8135/">(04/10-12) Grains Gone Wild</a> | <a href="http://www.globalresearch.ca/index.php?context=va&aid=8611"> World Bank Climate Profiteering</a> | <a href="http://freedom4um.com/cgi-bin/readart.cgi?ArtNum=77767">FAO chief warns of food riots, calls global meet on food security</a> | <a href="http://www.ncpa.org/sub/dpd/index.php?Article_ID=16181"> A foolish overreaction to climate change</a> | <a href="http://freedom4um.com/cgi-bin/readart.cgi?ArtNum=77883">Nations make secret deals over grain</a> | <a href="http://scienceandpublicpolicy.org/commentaries_essays/the_real_inconvenient_truth.html"> THe REAL invonvenient truth, Zealotry over Warming Could Damage Earth More than Climate Change</a> | <a href="http://www.freerepublic.com/focus/f-news/2000796/posts">Is A Food Riot Coming To YOUR Neighborhood?</a> | <a href="http://newsbusters.org/blogs/noel-sheppard/2008/04/11/gore-admits-financial-reasons-advancing-global-warming-hysteria"> Gore Admits Financial 'Stake' In Advancing Global Warming Hysteria</a> | <a href="http://www.guardian.co.uk/environment/2008/apr/13/food.climatechange">Global Famine Upon Us</a> | <a href="http://www.moneyweb.co.za/mw/view/mw/en/page94?oid=202987&sn=Detail">Two carbon-market millionaires take a hit as UN clamps down</a> | <a href="http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/04/14/ccview114.xml">Our global warming rage lets global hunger grow</a> <br /><br /><span style=";font-family:verdana;font-size:85%;" >more<br /><a href="http://www.moneyfiles.org/elites08.html">http://www.moneyfiles.org/elites08.html</a><br />or<br /><a href="http://www.un-debt.net/elites08.html">http://www.un-debt.net/elites08.html</a></span>sbkshttp://www.blogger.com/profile/11534262673439163674noreply@blogger.com0tag:blogger.com,1999:blog-20033377.post-64769426037122164232008-05-15T05:43:00.000-07:002008-05-15T05:49:06.165-07:00The Rich: How They Operate and Glossary By James Jaeger<center><span style="font-size:100%;"><span style="font-family:Verdana, Arial;"><strong>Glossary of Cultural & Eco/Political Terms</strong></span></span></center> <span style="font-size:100%;"><span style="font-family:Verdana, Arial;"><span style="font-size:85%;"> </span></span></span><center><span style="font-size:100%;"><span style="font-family:Verdana, Arial;"><span style="font-size:85%;">by James Jaeger<br /><span style="font-size:78%;"><a style="font-weight: bold;" href="http://www.mecfilms.com/universe/articles/glossary.htm">http://www.mecfilms.com/universe/articles/glossary.htm</a></span><br /></span></span></span></center><br /><span style="font-family:Verdana;font-size:85%;"><br /><span style="font-size:100%;">Read a book called EMPIRE OF DEBT. Bonner makes the case that the only people that win in the stockmarket are insiders. He defines insiders as broker-dealers, big players and people that make their money off related stock market industries, similar to the people that sold picks and shovels to the gold miners. Also if you look at where rich, middle class and poor people hold their assets, only the rich hold a substantial portion of their assets in stocks and bonds. Only the middle class holds as large of a percentage of their assets in real estate as the rich hold in stocks/bonds. The poor, of course, hold neither asset, stock/bond or real estate for the most part.<br /><br />For me, the moral of the above observation is this: if you aren't rich, don't try to play a rich man's game ... you will just become food for the rich. And this is exactly what has happened since mutual funds have enticed the middle class (even some poor) into the stock market since the early 1980s. All these people were slaughtered by the last debacle ended around 2002.<br /><br />I predict the new allure is the "international market." 'Middle class suckers, come play the new INTERNATIONAL MARKET -- its better than just a mutual fund,' is the call. So Tharsaile, don't get suckered in. The reason the group you are occasioning is called DIEHARD.COM is because these "diehard" suckers refuse to acknowledge the game they're in. They desperately want to be rich, so they figure that by playing a rich man's game they will eventually BECOME rich. Wrong. The way to get rich is to: <br /><br />A. Buy real estate for the rest of your life and continue to improve it and rent it, never selling anything;<br /><br />B. Using equity and bank debt start some sort of business that provides a product or service that is, or goes into, great demand. Go public with the business or sell the business as an exit strategy.<br /><br />C. Never drink alcohol or use drugs; work on your education, ethics and generosity constantly. <br /><br />THEN when you are rich, dump these earnings into stocks and bonds where you only care basically about preservation of capital, i.e., growth rate of 5 to 10 percent.<br /><br />I realize what the long-term growth rate of the stock market has been, but when you temper this with the fact that the dollar has lost over 95% of its purchasing power since the inception of the Federal Reserve System, the long term appreciation basically preserves capital and provides a slow, but granted, EXPONENTIAL growth. <br /><br />Remember: the rich don't CARE about making money.<br /><br />They only CARE about NOT LOSING money. I know it's difficult to understand this if you are young, dumb and hard-on bent for 20 to 30 percent ROIs (not saying this is you Tharsile), but when you get even a STABLE 5% on the relatively modest, rich-guy sum of say, $10 million, which is parked in stocks and bonds -- this is an annual income of $500,000 per year. Sure, the IRS is going to take at least 33% of this (without deductions), but who cares, you are still left with $330,000 per year.<br /><br />And remember, to be a good rich guy: you don't want to work. You especially don't want to be hassled by employees, tenants, maintenance or business decisions -- you want to be "free." You want only two employees at most: your unbelievably aggressive tax accountant (who will preserve your capital) and your conservative Republican business manager (who will invest it in safe, stable stocks and bonds and get you your 5%. <br /><br />Now, with your rich-guy system in place you are one of the HILTON sisters. Able to get drunk every night, travel the world (to get away from hangers-on), screw every chick or guy that has a nice ass. You are generally able to play the part -- and move to new states or countries (or take trips) when things get too hot or too boring. THIS is what it's all about, and as soon as more people in the world arrive at THIS position in life -- something the Robin Leaches of the world and Hollywood endlessly vomit -- we will all be happier and more satisfied. We will all be more fully living off the backs of the poor slaves we left in the dust, people enslaved by drugs and pharmaceuticals and cheese, and someday, AI robots. THIS state of planetary arrival is probably the basis for the Fermi Paradox. Why would other planetary societies -- that have arrived at this state -- desire to go through all the hassle of communicating with someone billions of miles away, let alone travel there. On the other hand, I DID say the rich like to travel -- so maybe they DID arrive at Roswell and infiltrate the government. This WOULD explain a lot.<br /><br />Just some thoughts for you to pass on to your DIEING-HARD group Tharsaile. <br /><br />>I don't understand why having an interest in investing means that nothing more important exists. Can't we be into more than one thing at the same time? Technology, perhaps?<br /><br />See "Technology" and other terms in my new Glossary below. <br /><br />>1000 of you saving the world. Sounds like that Ayn Rand novel. By the way, I think you're a few years too young to be a baby boomer.<br /><br />Thanks for the compliment but I'm actually 99 years old.(1)<br /><br />>>Well take a message back to all the morons at diehard.org: You're already dead.<br /><br />>I can't -- they would delete it.<br /><br />Well take the above message back, that they WILL be dead because they are playing a rich-mans' game. <br /><br />James Jaeger<br /><br />-------------------<br />(1) I'm not really 99. I just wanted you to think I was for 20 words-time. :)</span> </span>sbkshttp://www.blogger.com/profile/11534262673439163674noreply@blogger.com1tag:blogger.com,1999:blog-20033377.post-45127145309215641142008-05-15T05:18:00.000-07:002008-05-15T05:29:21.764-07:00Thinking about strategies By Fred Cederholm<p class="MsoNormal">TH*NK*NG (STRATEGIES) – Column for on/after May 12th, 2008, By Fred Cederholm)</p> <p class="MsoNormal"><span style=""> <span style="font-family: verdana;"> </span></span><span style="font-family: verdana;">I’ve been thinking about strategies. Actually I’ve been thinking about the 15 cent increase, inflation, the FED, energy and food, investigations, and conspiracies. A strategy is a coordinated or concerted plan of action undertaken to achieve a pre-desired end to something. </span></p> <p class="MsoNormal" style="font-family: verdana;"><span style=""> </span><br /></p><p class="MsoNormal" style="font-family: verdana;">You see last Thursday we all saw an across the board increase in the price we pay for fuel at the pump of 15 cents. While I use the 10% ethanol blend in my PT Cruiser, lawnmower, weed wacker, and chain saw; the 15 cent price spike pretty much applied to regular unleaded, premium, and diesel fuel as well. This must have been some pricing strategy by all of the fuel retailers because the spike occurred everywhere (regardless of the company or the brand) at almost the same moment. In actual truth, the jump occurred at the locations to get fuel in Rochelle and DeKalb in ka-ching, ka-ching, ka-ching unison while the harmonious jumps to the prices of 13 cents in Creston and Malta occurred about two hours later. There was a brief window of opportunity to top off your tanks at these locations at the not-so-excessive prices and many took advantage of the brief arbitrage.</p> <p class="MsoNormal" style="font-family: verdana;"><span style=""> </span><br /></p><p class="MsoNormal" style="font-family: verdana;">The fact that the apparent unitary price bump/ spike<span style=""> </span>occurred everywhere at virtually the same instant for the same amount led me to TH*NK that this had to be some coordinated strategy of the oil companies to “ding” the consumers. I had already been on-line checking world-wide news and developments when a friend and neighbor stopped at the house to tell me I had better fill up immediately because a price jump was coming. I logged off and topped off my gas supplies for all of my fuel thirsty vehicles and gizmos. I then went back on-line to find out why the spike occurred. I found not one single development, catastrophe, or explanation. I found nothing to justify the jump!</p> <p class="MsoNormal" style="font-family: verdana;"><span style=""> </span><br /></p><p class="MsoNormal" style="font-family: verdana;">This jump was not unexpected by me because I had felt that the recent further cut in interest rates by the FED of a quarter of a point would trigger a further drop in the comparative value US dollar relative to the basket of other world currencies and crude oil would re-price accordingly. The Dollar may still be the “official” currency of OPEC, but it is the value of the Euro, the British Pound, and the Japanese Yen relative to the US dollar which sets the market price for crude world-wide. When the dollar drops relative to the Euro, the Pound, and the Yen; the global price of crude (and distillates) adjusts accordingly. Sometime down the road the “at the pump price” increases occur as well. It is tragically funny how quickly the upward pricing occurs while the downward trends take their sweet time. This must be all a part of the grand strategy at work. It’s no accident, is it?<span style=""> </span></p> <p class="MsoNormal" style="font-family: verdana;"><span style=""> <br /></span></p><p class="MsoNormal" style="font-family: verdana;"><span style=""> </span>Since fuel costs figure so predominately in the pricing of our food supply, it can’t be too long before we witness the “cost push” factor of inflation in what we all pay at the stores for what we eat. Since this is an election year and the electorate is clearly not a group of “happy campers” over the perceived gouging of their households for energy and food consumed, there will undoubtedly be more Congressional investigations forthcoming. The record setting first quarter announcements of profits reaped by the oil companies triggered a barrage of hearings, investigations, and inquiries. We didn’t learn anything from them, now did we? There will be bravado/ grandstanding but little relief!</p> <p class="MsoNormal" style="font-family: verdana;"><span style=""> <br /></span></p><p class="MsoNormal" style="font-family: verdana;"><span style=""></span>A strategy is a coordinated or concerted plan of action undertaken to achieve a pre-desired end to something. There is a distinction which must be made here. The coordinated or concerted plan of action is only a “strategy” when the ultimate goal is for the common good or general well-being. In my dictionary, when the ultimate goal achieves bad (or negative) things; we don’t have a strategy, we have a conspiracy. I TH*NK that subtle line of distinction has been crossed! I’m Fred Cederholm and I’ve been thinking. You should be thinking, too.</p> <p style="font-family: verdana;" class="MsoNormal"><span style="font-size:85%;">Copyright 2008 Questions, Inc. All rights reserved.</span></p>sbkshttp://www.blogger.com/profile/11534262673439163674noreply@blogger.com0tag:blogger.com,1999:blog-20033377.post-32798498900460449212008-05-07T06:27:00.000-07:002008-05-07T06:28:43.779-07:00Thinking about registrations By Fred Cederholm<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family:Times New Roman;font-size:100%;">C<span style="font-family: verdana;">olumn for on/after May 5th, 2008</span><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> </span>I’ve been thinking about registrations. Actually I’ve been thinking about the 2008 elections, the endless campaigns, the Supreme Court, endless payment increases, and a growing malaise affecting all US/us. It is really difficult to get fired up for the coming elections which are still some six months off into the future. This is no small observation coming from me – the all-time news and political junkie! I am not alone in this feeling of weariness as many of my readers agree on this.<span style=""> </span><span style=""> </span><span style=""> </span><span style=""> <br /></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><br /></span><span style="font-size:100%;"><span style=""></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""></span><span style=""> <br /></span></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> </span>You see the Tuesday primary elections in <st1:state st="on">Indiana</st1:state> and <st1:state st="on"><st1:place st="on">North Carolina</st1:place></st1:state> “may” determine who will be the standard bearer for the Democratic Party in the 2008 Presidential election, but I am not counting on it. Both Senators Clinton and Obama claim they are in the fight until the 2008 Denver Convention. Senator McCain has “locked in” the Republican Party spot on the ballot. Campaigning has gone on for two years. The conventions, real debates, and podium combat still loom before us. I was disgusted and undecided about my choice options in 2004. I voted for President last and ended up actually flipping a coin - John Kerry “won” the toss! That is no way to make a voting decision.</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> </span>This time I’ve threatened to write in “none of the above” and check THAT as a protest vote. Mrs. Thomas, one of my all-time favorite teachers (and League of Women Voter member), lectured me that THAT is a sorry cop-out and that she was absolutely ashamed of me for even joking about it! As always… she is completely correct. Choosing our next President is a sacred right, an honor, and a privilege - one dearly paid for by those who have gone before us and defended this land, its constitutional processes, and the American way of life. This country is in a mess no matter how you TH*NK about it. The current <b style=""><i style="">Newsweek</i></b> cover story talks about “The Post American World” and how over 80% of our population believe the nation is on the WRONG track – a 40 plus year high!</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> </span>We need leadership and a major change of course. Our next president must not only be Chief Executive and Commander in Chief, they must be an inspirational Cheerleader-in-Chief. Their oratory from the “bully pulpit” of the Oval Office must be backed with a specific bullet-point listing of the details of their agenda and plan of action with a timetable. Platitudes, clichés, and sound bites are NOT going to cut it. We need the leadership of a John Kennedy or a Ronald Reagan to fire up the populace and unite them in the hard choices we must face as a nation. Details on their plans for a turnaround have NOT been forthcoming from McCain, Obama, or Clinton. Shame on them! And… shame on US/us for not demanding such from them. Heck… they haven’t fully IDed the problems!</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> </span>The recent US Supreme Court ruling upholding the <st1:state st="on"><st1:place st="on">Indiana</st1:place></st1:state> photo ID requirement caused me to research voting requirements. I was shocked by what I learned. The steps necessary for voter registration, residency requirements, and time frame requirements for registration vary greatly from state to state – even for the national office elections. If you are not registered, you cannot vote. The <st1:state st="on"><st1:place st="on">Illinois</st1:place></st1:state> system has shorter eligibility and registration time frames (before elections) than most states. Some require almost a full year of residency and a minimum 90 day window of registration before the elections. <st1:state st="on"><st1:place st="on">Illinois</st1:place></st1:state> even has “motor voter” where you take care of the necessary paperwork at the Secretary of State’s offices for drivers’ licenses changes and renewals. This couldn’t be easier!</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> </span>It is so tempting to be focused on the never ending (and escalating) bills and payments that we face every month. The barrage of the daily negatives calluses us into a numbed stupor of malaise that we can readily forget how “we” are the problem, but “we” are the solution. If you are not registered to vote; please call your <st1:place st="on"><st1:placetype st="on">County</st1:placetype> <st1:placename st="on">Clerk</st1:placename></st1:place>’s Office, get the relevant information, and get registered! There is still time. I’m Fred Cederholm and I’ve been thinking. You should be thinking, too.<br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><br /></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana; font-weight: bold;"><span style="font-size:85%;">Copyright 2008 Questions, Inc. All rights reserved.</span></p>sbkshttp://www.blogger.com/profile/11534262673439163674noreply@blogger.com0tag:blogger.com,1999:blog-20033377.post-25253636287113038502008-04-29T15:01:00.000-07:002008-04-29T15:03:40.692-07:00Thinking about subtleties By Fred Cederholm<span style=";font-family:Arial;font-size:85%;" ><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;">Column for on/after Apr. 27th, 2008</span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> <br /></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> </span>I’ve been thinking about subtleties. Actually I’ve been thinking about inflation, gas and food, frozen pizzas, my green bean casserole, instant coffee, and T-paper. <span style=""> </span>Runaway inflation is a fact of life that far exceeds the under 3% that is still presently being hawked by the spin meisters for the Bush Administration and the Federal Reserve Bank. By definition “core inflation” conveniently excludes energy and food items which might be OK if we didn’t have to power the things we own and feed ourselves and our families. These two categories of necessities will continue to constitute a growing part of our expenditures. We now pay more for what we buy, or pay the same and get less!<span style=""> </span><span style=""> </span><span style=""> </span><span style=""> </span></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> <br /></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><br /><span style="font-size:100%;"><span style=""></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""></span>You see last Friday I topped off my PT Cruiser which was down to about half a tank. After the most recent jump to $3.749 per gallon for the 10% ethanol blend, this cost me $26.80. When I got the car in June of 2000, I could coast up to the same pump “on the fumes in the tank” and fill it up for about $22.00. This represents almost a 144% increase over the eight years. My weekly trips to the grocery store to purchase/ replenish the same items cost me a bit over 60% more since my mother’s death five-and-a-half years ago. I was aware of THESE spiraling costs every time I opened my wallet to pay. However, I am (and all of US/us are) also paying more for the same stuff even if the so-called “sticker price” has NOT changed. These are the subtle (or covert) increases for which we get dinged because the quantities and/or the packaging have conveniently been “downsized.”</span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> <br /></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><br /><span style="font-size:100%;"><span style=""></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""></span>Last Saturday evening I treated myself and my little Scottish Terrier, Mac II, to a frozen pizza when “we” watched the Harry Potter movie on ABC. When I put the pizza on the pan before I slipped it into the oven, I noticed that there was at least 3/4<sup>th</sup> of an inch of more pan showing around the edge. The pan hadn’t spread; the pizza’s diameter had shrunk by an inch and a half! Mac gets the pepperoni and sausage chunks, and I swear the little guy counts. At the end of the pizza, I got “the look” that I had held back on his allotment – I hadn’t, but he didn’t TH*NK so! This was a subtle price increase of about 8 to 10% even though I thought I had paid the same price for the same brand.</span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> </span><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;">The culinary repertoire of things I fix for pot luck or cooperative meals at church is kind of limited. Two weeks ago I made my green bean casserole. I opened the usual four cans of green beans, drained them off, and emptied them in the usual bowl to mix them with a can of crème of mushroom soup. Not only was the bowl not at its normal level, but the grey-brownish goop of the condensed soup didn’t have any visible mushroom pieces! I had to open and drain a fifth can of beans and add a can of mushroom stems and pieces to restore my concoction to its regular level and appearance. I already knew from recent experience that I had to add a cup of self-rising flour and three tablespoons of cocoa powder to the get the usual volume of batter I needed for the brownies I make to take to events. These actions also mark a “food-flation” increase - subtle yes, but still there!</span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> <br /></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""></span>A recently purchased jar of instant coffee was compared to a jar from a year ago that I had saved to store nuts and bolts in my basement. The new jar was about an eighth of an inch shorter and narrower by the same measure. With all this in mind, I also noticed that the chrome shaft of my T-paper holder was now showing a visible inch when I replaced the roll. Without my realizing, the roll had actually evolved/ narrowed by an inch for the same brand at the same price. Hum, what gives? <span style=""> </span><span style=""> </span></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> </span><br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;">“Eternal vigilance” in not only the price we pay for freedom, it is also what we must all do to truly know the price we are actually paying for the things we purchase. Like so many households across <st1:country-region st="on"><st1:place st="on">America</st1:place></st1:country-region> we are finding that there is just too much month left at the end of the money – and the roll! I’m Fred Cederholm and I’ve been thinking. You should be thinking, too.</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt;"><br /></p><p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-weight: bold;"><span style="font-size:78%;">Copyright 2008 Questions, Inc. All rights reserved.</span></p></span>sbkshttp://www.blogger.com/profile/11534262673439163674noreply@blogger.com0tag:blogger.com,1999:blog-20033377.post-67529945564426246312008-04-27T13:41:00.000-07:002008-04-27T13:42:30.869-07:00Discussion about the people and the forces that are bringing down America<span style="font-family: verdana;"> Saturday, April 26, 2008</span><br /> <br /><span style="font-family: verdana;"> The entire show this week originates from the GATA Conference in Washington, DC.</span><br /> <br /><span style="font-family: verdana;"> Segment 1 - Al discusses the possibilities of gold manipulation with Bill Murphy, Chris Powell and Ed Steer of GATA.</span><br /> <br /><span style="font-family: verdana;"> Segment 2 - Al continues the discussion began in Segment 1.</span><br /> <br /><span style="font-family: verdana;"> Segment 3 - Al discusses GATA, gold prices and other issues with James Turk, founder of GoldMoney.</span><br /> <br /><span style="font-family: verdana;"> Segment 4 - More discussion at the GATA conference with a panel consisting of James Turk, Bill Murphy, Chris Powell and Ed Steer.</span><br /> <br /><span style="font-family: verdana;"> Segment 5 - Al discusses gold and resource investing with John Embry, Chief Investment Strategist of Sprott Asset Management.</span><br /> <br /><span style="font-family: verdana;"> Segment 6 - Al and Joe Martin, Chairman of Cambridge House, discusses the value of the GATA conference.</span><br /> <br /> <br /><span style="font-family: verdana; font-weight: bold;"> Hear the entire program</span><br /> <a style="font-family: verdana; font-weight: bold;" href="http://www.kereport.com/audio/0426.mp3" target="_blank">http://www.kereport.com/audio/0426.mp3</a>sbkshttp://www.blogger.com/profile/11534262673439163674noreply@blogger.com0tag:blogger.com,1999:blog-20033377.post-75605226249293432472008-04-23T13:29:00.000-07:002008-04-23T13:31:31.896-07:00Thinking about shakiness By Fred Cederholm<span style="font-family: verdana;font-family:Arial;font-size:100%;" ><p class="MsoNormal" style="margin: 0in 0in 0pt;">Apr. 20th, 2008<br /></p> <p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style=""> <br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt;"><br /><span style=""></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style=""></span>I’ve been thinking about shakiness. Actually I’ve been thinking about earthquakes, the US dollar, the February 2008 trade numbers, our trade deficits, our energy deficits, interest rates/ the “auction,” and inflation. Official numbers for our energy imports and our trade deficit(s) for this past February, and the cumulative trade deficit(s) for the calendar year thus far were released last week. While the media may have focused on the anomalies of a growing cluster of hundreds of unexplained quakes in the Pacific Ocean off the State of <st1:state st="on">Oregon</st1:state> and the Friday morning 5.2 shaker in <st1:place st="on">Southeastern Illinois</st1:place>, the real “shakiness stories” should have chronicled the further downward slide of the US Dollar relative to the other major world currencies. Unfortunately there is presently no “Richter Scale” for the precarious shakiness of the Buck. The Dollar is having major seizures!<span style=""> </span><span style=""> </span><span style=""> </span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style=""> </span><br /></p><p class="MsoNormal" style="margin: 0in 0in 0pt;"><br /></p><p class="MsoNormal" style="margin: 0in 0in 0pt;">You see while equity markets appeared to enjoy a favorable performance for the week just ended, this is a fluke reflecting that certain “index heavy” companies had a better first quarter from their international operations - mainly because the Dollar continued to tank. Because we import far in excess of what we export, we all have paid dearly for the benefits of these few. We now see the repercussions of recent interest rate cuts and the continued printing of more dollars. There is a time value to money and that is called interest. Each cut or anticipated cut in interest rates paid to holders of Dollars results in a downward re-pricing in the purchasing value of the Buck. This is the true cause of the run amok inflation we are ALL experiencing at BOTH the gas pump and grocery store. </p> <p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style=""> </span><br /></p><p class="MsoNormal" style="margin: 0in 0in 0pt;"><br /></p><p class="MsoNormal" style="margin: 0in 0in 0pt;">Our eight largest trade deficits for the month of February 2008 (and 2008 Year to Date) are as follows: China $18.355 Billion ($38.667 Billion YTD), Japan $6.877 Billion ($13.469 Billion YTD), Canada $6.450 Billion, ($12.316 Billion YTD), Mexico $5.467 Billion ($10.638 Billion YTD), Saudi Arabia $3.501 Billion ($6.891 Billion YTD), Germany $3.416 Billion ($6.320 Billion YTD), Nigeria $2.884 Billion ($6.297 Billion YTD), and Venezuela $2.600 Billion ($6.020 Billion YTD). <b style=""><i style="">Our hands-down overall biggest dollar denominated imports</i></b> are for crude oil and petroleum distillates, so just WHAT all are we still hocking our souls for in what we are getting from <st1:country-region st="on">China</st1:country-region>, <st1:country-region st="on">Japan</st1:country-region>, and <st1:country-region st="on"><st1:place st="on">Germany</st1:place></st1:country-region>? February imports AND exports were both at records, yet imports grew faster!</p> <p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style=""> <br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt;"><br /><span style=""></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style=""></span><span style="color: rgb(32, 32, 32);">The top eight sources of Uncle $ugar’s crude oil imports for February 2008 were: <st1:country-region st="on">Canada</st1:country-region> (1.888 Million barrels per DAY--MBPD), <st1:country-region st="on">Saudi Arabia</st1:country-region> (1.614 MBPD), <st1:country-region st="on">Mexico</st1:country-region> (1.231 MBPD), <st1:country-region st="on">Nigeria</st1:country-region> (0.982 MBPD), <st1:country-region st="on">Venezuela</st1:country-region> (0.927 MBPD), <st1:country-region st="on">Iraq</st1:country-region> (0.780 MBPD), <st1:country-region st="on">Angola</st1:country-region> (0.341 MBPD and <st1:country-region st="on"><st1:place st="on">Kuwait</st1:place></st1:country-region> (0.261 MBPD). Uncle $ugar’s top eight sources of total petroleum imports for February 2008 were: <st1:country-region st="on">Canada</st1:country-region> (2.419 MILLION barrels per DAY--MBPD), <st1:country-region st="on">Saudi Arabia</st1:country-region> (1.627 MBPD), <st1:country-region st="on">Mexico</st1:country-region> (1.324 MBPD), <st1:country-region st="on">Venezuela</st1:country-region> (1.112 MBPD), <st1:country-region st="on">Nigeria</st1:country-region> (1.025 MBPD), <st1:country-region st="on">Iraq</st1:country-region> (0.780 MBPD)<span style=""> </span><span style=""> </span><st1:place st="on"><st1:country-region st="on">Russia</st1:country-region></st1:place> (0.451 MBPD), and the Virgin Islands (0.351 MBPD).</span> Crude imports averaged 9.514 MBPD at a February import average price per barrel of crude oil ($84.76). It is important to note that last Friday’s crude pricing reflected an all-time high of $ 117 per barrel. Pump prices locally are now $3.57/ gallon for a 10% ethanol blend, $3.67/ gallon for regular, and $4.18/ gallon for diesel!</p> <p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style=""> <br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt;"><br /><span style=""></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style=""></span>The FED has cut their lending rate to banks by 3.0% to 2.25% to “save the banks and their borrowers,” but it is the savers who really took the hit on their deposits. Borrowers actually saw their rates rise, or MAYBE stay the same! Last week’s Treasury auction composite average rate at 1.38% for 26 weeks “suggests” further rate cutting by the FED. Should this major error in policy occur, the Dollar will plummet, and crude will soar above $130. A few may benefit; but… we will ALL pay at the pump AND the store! I’m Fred Cederholm and I’ve been thinking. You should be thinking, too.</p><p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size:85%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size:85%;">Copyright 2008 Questions, Inc. All rights reserved.</span></p></span>sbkshttp://www.blogger.com/profile/11534262673439163674noreply@blogger.com201tag:blogger.com,1999:blog-20033377.post-10609283003781633762008-04-23T13:27:00.000-07:002008-04-23T13:28:59.787-07:00Foreclosure, Fraud, Internal Revenue forms 1099-A's and 1099-C's By Barbara A.Jackson<pre style="font-family: verdana;"><span style="font-size:85%;">Using my name and social security number, Wells Fargo filed a<br />falsified form 1099-A --and it could happened to anyone who had or has<br />a mortgage loan. Inaccurate or false information on an Internal<br />Revenue form 1099-A is significant. The salient problem about an<br />untrue form1099-A, or 1099-C, is that either forms could cause<br />extensive and NEEDLESS tax consequences for TAX FILERS -especially, if<br />the tax filer is oblivious that a1099-A has been reported!<br /><br />Lenders and creditors probably receive undeserved tax write-offs and<br />have distorted Securities Accounting as a result of untrue 1099's.<br />Also, particularly when real estate is being illegally, fraudulently<br />FLIPPED; and when Investors are being deceived; when foreclosures<br />occur via frauds, after evidence of Wells Fargo filing FALSIFIED<br />1099's surfaces, THERE IS CAUSE FOR SWEEPING PROBES INTO the 1099's<br />that Wells Fargo files with the IRS! In fact, such an investigation<br />is probably warranted nationwide in communities which Wells Fargo does<br />business and reports tax information on 1099-A's and 1099'C's.<br /><br />I am Katrina-displaced from New Orleans. In LOUISIANA, Wells Fargo is<br />among certain mortgage companies involved in REAL ESTATE and MORTGAGE<br />FRAUD schemes. Because scores of people were displaced by the<br />hurricanes of 2005, companies like Wells Fargo have much greater<br />capacities to expand its various frauds and deceptive practices.<br />Emphatically, the fact that thousands of people become displaced via<br />disaster, the conceivability for Wells Fargo (and any other companies)<br />to file false 1099-A's or 1099-C's is vast and very easy to carry off.<br /><br />This past February of 2008, I learned from the IRS that in year 2006,<br />WELLS FARGO filed a 1099-A for my former New Orleans property. (Wells<br />never gave me a copy of that 1099-A.) The year 2005 tax transcript I<br />obtained from the IRS shows that Wells Fargo filed an "acquisition" /<br />"abandonment" form 1099-A, wherein Wells Fargo represents May 19, 2005<br />as the date of my home being "abandoned" / "acquired" by Wells Fargo.<br /><br />To the contrary, ON MAY 19, 2005, allegedly ON BEHALF OF GE Capital<br />Mortgage Services, Inc., a debt collector foreclosed and made his own<br />auction bid in an amount of $120,000.00. THE DEED to my home was<br />recorded IN THE NAME of GE Capital Mortgage Services, Inc. Thus,<br />clearly Wells Fargo DID NOT acquire my property as Wells Fargo<br />reported to the IRS; and at the least, a 1099-A would appear more<br />logical if filed by GE Capital Mortgage Services. Also, Wells Fargo?s<br />1099-A reported $12,000.00 as the Fair Market Value for my property.<br />However, IRS publication 544 states that the FMV is deemed by the<br />auction bid price -$120,000.00. Another notably fraudulent thing<br />about Wells Fargo's 1099-A, is its FALSE representation of my owing to<br />Wells Fargo $86,149.00! There's more I could point out, but the fact<br />of the matter is that I filed a form 3949-A to rebut the 1099-A that<br />was filed by Wells Fargo.<br /><br />Also, it is worth investigating and comparing how many properties<br />Wells Fargo under-reported the Fair Market Value to IRS, and what<br />benefit(s) did Wells Fargo derive from those lower fair market values<br />-which, as in my case, the FMV that Wells Fargo reported was<br />absolutely and verifiably false. (There is MORE to this particular<br />real estate fraud scheme -including a July 2005 report of Freddie Mac<br />paying $86,150.00 to GE Capital Mortgage Services, Inc., for my<br />property; Freddie Mac's purchase was printed in the August 2005 local<br />newspaper real estate transfers section. Thus, even Freddie Mac?s<br />payment refutes the FMV reported on the 1099-A filed by Wells Fargo.<br />Another twist to this saga is the fact that GE Capital Mortgage<br />Services became DEFUNCT on October 25, 2002! See the Louisiana<br />Secretary of State website, Corporations Division.)<br />_______________________<br />Barbara Ann Jackson<br />Law & Grace, Inc.<br />www.lawgrace.org</span></pre>sbkshttp://www.blogger.com/profile/11534262673439163674noreply@blogger.com51tag:blogger.com,1999:blog-20033377.post-87991701821542054932008-04-17T07:46:00.000-07:002008-04-17T07:47:45.514-07:00Thinking about art By Fred Cederholm<div style="font-family: verdana;"><span style="font-size:85%;"> <p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size:100%;">Column for on/after April 13th, 2008</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size:100%;"><span style=""> </span>I’ve been thinking about art. Actually I’ve been thinking about beauty, <st1:city st="on"><st1:place st="on">St. Johns</st1:place></st1:city>, the Erickson family, memorials/ remembering/ honoring, peace, and joy. Presently there is so much happening in the world that is negative, hateful, and destructive to the human spirit that we so often forget (or choose to ignore) the counterbalancing side to the human condition which builds our spirits, and gives us the strength to cope and continue on. Sometimes we need to stop and appreciate the things of beauty, of hope, of love, and of peace which are there to enrich and to strengthen us.</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size:100%;"><span style=""> </span>You see this past Sunday my little hometown congregation of <st1:place st="on"><st1:placename st="on">St. Johns</st1:placename> <st1:placename st="on">Lutheran</st1:placename> <st1:placetype st="on">Church</st1:placetype></st1:place> in Creston officially became the permanent home of <b style="">“I have prepared a place for you,”</b> the latest creation of artist, illustrator, and muralist extraordinaire - Randy Halverson. This roughly four foot by thirteen foot mural surrealistically depicts the Christ figure with outstretched arms walking on air from the golden heavenly place he has prepared for us to the earth below. The clouds to the right and left subtlety suggest people and angels in prayer. It is truly an inspirational masterpiece.</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size:100%;"><span style=""> </span>This marks the fourth Halverson mural painting/ creation in our area. His <b style="">“Life of Christ”</b> and <b style="">“The Last Supper”</b> can be viewed in <st1:place st="on"><st1:placename st="on">Trinity</st1:placename> <st1:placename st="on">Lutheran</st1:placename> <st1:placetype st="on">Church</st1:placetype></st1:place> in DeKalb. His outdoor work <b style="">“Communiversity”</b> (which commemorates DeKalb’s Sesquicentennial) can be seen when driving to the West on the <st1:street st="on"><st1:address st="on">Lincoln Highway</st1:address></st1:street> in the downtown area. Art is often used to celebrate memorials, remembrances, and commemorations. Art in churches plays a major role in Western Civilization.</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size:100%;"><span style=""> </span>The Erickson family has a long history in the Creston area and at <st1:place st="on"><st1:placename st="on">St. Johns</st1:placename> <st1:placename st="on">Lutheran</st1:placename> <st1:placetype st="on">Church</st1:placetype></st1:place>. The mural is the gift of the surviving seven children of Clarence and Mary Alice Erickson and their families. It is given in their parents’ memory and the memory of their brother, Lt. Colonel Alan Erickson, USAF. It is a fitting tribute to a wonderful couple who served their community and their church in so many ways. It honors a brother who served his country in <st1:country-region st="on">Korea</st1:country-region> and <st1:country-region st="on"><st1:place st="on">Germany</st1:place></st1:country-region>. Clarence Erickson was selected to receive Creston’s Annual Cederholm Award for Community Service in 1997. He was unable to participate in those festivities as he remained by the side of his very ill wife who passed away just weeks later. He joined her in death the following year. Their son, Alan, joined them in 1999.</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size:100%;"><span style=""> </span>It is a common tradition that families remember and honor their parents with memorials and/ or gifts to their communities. This is in keeping with the commandment to “honor thy father and thy mother that thy days may be long upon the land which the Lord thy God has given thee.” The gift to <st1:city st="on"><st1:place st="on">St. Johns</st1:place></st1:city> is a truly beautiful additional to the church sanctuary. It is all the more special in that the artist, Randy Halverson, is both the grandson of Clarence and Mary Alice, and the nephew of Lt. Colonel Alan Erickson. After the dedication service, which was part of the Sunday worship; the family, guests, and members of the congregation joined together in fellowship for a meal together. It was a celebration of remembrance and sharing. We often forget how we draw upon our family, our friends, our neighbors, our communities for strength, for love, and for support in times of challenge.</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size:100%;"><span style=""> </span>As the members and guests took one last look at the newest addition to <st1:city st="on"><st1:place st="on">St. Johns</st1:place></st1:city> before leaving the church, you could literally sense the love and joy and peace that they felt. They “knew” that Jesus the Christ had prepared a place for them as depicted by the mural. I thought of the words from John Keats epic “Endymion” written in 1818 and how they captured the essence and spirit of this dedication day: “A thing of beauty is a joy forever; its loveliness increases; it will never pass into nothingness.” I’m Fred Cederholm and I’ve been thinking. You should be thinking, too.</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt;"><br /></p><p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-weight: bold;"><span style="font-size:78%;">Copyright 2008 Questions, Inc. All rights reserved.</span></p></span></div>sbkshttp://www.blogger.com/profile/11534262673439163674noreply@blogger.com0tag:blogger.com,1999:blog-20033377.post-43874288579553687122008-04-12T04:13:00.000-07:002008-04-12T04:16:23.673-07:00What is a BILLION?? By James Jaeger<span style="font-size:100%;"><span style="font-family: verdana;">What is a BILLION??</span><br /><br /><span style="font-family: verdana;">This is too true to be funny</span><br /><br /><span style="font-family: verdana;">The next time you hear a politician use the word 'billion' in a casual manner, think about whether you want the 'politicians' spending YOUR tax money.</span><br /><br /><span style="font-family: verdana;">A billion is a difficult number to comprehend, but one advertising agency did a good job of putting that figure into some perspective in one of its releases.</span><br /><br /><span style="font-family: verdana;">A. A billion seconds ago it was 1959.</span><br /><br /><span style="font-family: verdana;">B. A billion minutes ago Jesus was alive.</span><br /><br /><span style="font-family: verdana;">C. A billion hours ago our ancestors were living in the Stone Age.</span><br /><br /><span style="font-family: verdana;">D. A billion days ago no-one walked on the earth on two feet.</span><br /><br /><span style="font-family: verdana; font-weight: bold;">E. A billion dollars ago was only 8 hours and 20 minutes, at the rate our government is spending it.</span><br /><br /><span style="font-family: verdana;">While this thought is still fresh in your brain, let's take a look at New Orleans. It's amazing what you can learn with some simple division.</span><br /><br /><span style="font-family: verdana;">Louisiana Senator, Mary Landrieu (D), is presently asking the Congress for $250 BILLION to rebuild New Orleans. Interesting number, what does it mean?</span><br /><br /><span style="font-family: verdana;">A. Well, if you are one of 484,674 residents of New Orleans (every man, woman, child), you each get $516,528.</span><br /><br /><span style="font-family: verdana;">B. Or, if you have one of the 188,251 homes in New Orleans, your home gets $1,329,787.</span><br /><br /><span style="font-family: verdana;">C. Or, if you are a family of four, your family gets $2,066,012.</span><br /><br /><span style="font-family: verdana;">Washington , D.C .. HELLO!!! ... Are all your calculators broken??</span></span>sbkshttp://www.blogger.com/profile/11534262673439163674noreply@blogger.com0tag:blogger.com,1999:blog-20033377.post-69241362040073215752008-04-11T05:43:00.000-07:002008-04-11T05:44:50.386-07:00The Liquidity Society By Michael J. Panzner<h2 style="font-family: verdana; font-weight: normal;" class="date-header"><span style="font-size:85%;">April 01, 2008</span></h2> <p style="font-family: verdana;">TV pundits and Wall Street "strategists" believe that "cash on the sidelines" can only mean one thing: it's time to be bullish. In their view, such a build-up of liquidity has always signaled a pent-up demand for stocks.</p> <p style="font-family: verdana;">But what if the money's there (and growing) because individual investors, in particular, are beginning to realize that:</p> <ul style="font-family: verdana;"><li>Equities are a riskier asset class than they thought (or were led to believe by their brokers and the rest of the financial services industry)</li><li>True diversification means having a portion of their portfolios in an asset class called "cash"</li><li>Portfolio volatility may not be such a good thing, especially for those who are in or near retirement</li></ul> <p style="font-family: verdana;">If any or all of these apply, then the recent cash-raising, which the "experts" -- I use that term loosely -- believe is bullish, may actually be pointing to a secular change in attitudes towards the stock market. If so, such perspectives could weigh on share prices for the foreseeable future....</p><p style="font-family: verdana;">more</p><p style="font-weight: bold; font-family: verdana;"><span style="font-size:78%;"><a href="http://www.financialarmageddon.com/2008/04/the-liquidity-s.html">http://www.financialarmageddon.com/2008/04/the-liquidity-s.html</a></span></p><p><br /></p>sbkshttp://www.blogger.com/profile/11534262673439163674noreply@blogger.com1tag:blogger.com,1999:blog-20033377.post-77582091306244273852008-04-11T05:40:00.000-07:002008-04-11T05:42:50.420-07:00Lehman Loses $300 Millon on Stated Loans By Mr Mortage<h3 style="font-family: verdana; font-weight: normal;" class="post-title entry-title"> <span style="font-size:100%;">Lehman brothers has anounced today that they have lost $300 million from one borrower on their super stated income loan business....<br /></span></h3><span style="font-size:100%;"><br /></span><span style="font-size:100%;"><span style="font-family: verdana;">So these are the banks that we need to bail out? Did they "lend" $300 million to a couple of Modern Day Ocean's 11 style financial heist crew? They realized there was a problem when they didn't get the payment?! Maybe they should have examined a little more than two executives and some letterhead. </span><a style="font-family: verdana;" href="http://www.thegreatloan.com/"><span style="color: rgb(51, 51, 255);">Mr.Mortgage's </span></a><span style="font-family: verdana;">opinion regarding your tax dollars is </span><span style="color: rgb(255, 0, 0); font-family: verdana;">NO BAILOUT!<br /><br /><span style="color: rgb(0, 0, 0);">more</span><span style="font-size:78%;"><a style="font-weight: bold; font-family: verdana;" href="http://thegreatloanblog.blogspot.com/2008/03/lehman-loses-300-millon-on-stated-loans.html"><br /></a></span></span></span><span style="font-size:78%;"><a style="font-weight: bold; font-family: verdana;" href="http://thegreatloanblog.blogspot.com/2008/03/lehman-loses-300-millon-on-stated-loans.html">http://thegreatloanblog.blogspot.com/</a></span>sbkshttp://www.blogger.com/profile/11534262673439163674noreply@blogger.com0tag:blogger.com,1999:blog-20033377.post-88040265512495354002008-04-11T05:38:00.000-07:002008-04-11T05:39:52.647-07:00Blood From Student Stones Loans By Elaine M.Supkis<span style="font-family: verdana;font-size:100%;" > April 8, 2008</span><br /><p style="font-family: verdana;"><span style="font-size:100%;"> First of the big student loan security sales organizations files for bankruptcy. This annoys me no end. No student is ever allowed to file for bankruptcy! But the guys peddling this stuff may protect themselves this way! Charming. Hedge funds are no longer the destination of trillions of inflationary dollars and they are going under, one by one. Roubini and Misch and others debate the letter that describes the recession we are in. Is it a W, a U or an L. One commentator says, it is an F-U-C-K recession. I say, this is correct. And rail roads are sidelining much of their rolling stock due to lack of customers: a classic depression gage of dropping commerce....</span></p><p style="font-family: verdana;"><span style="font-family: verdana;font-size:100%;" >more</span></p><span style="font-size:78%;"><a style="font-weight: bold; font-family: verdana;" href="http://elainemeinelsupkis.typepad.com/money_matters/2008/04/blood-from-stud.html">http://elainemeinelsupkis.typepad.com/</a></span>sbkshttp://www.blogger.com/profile/11534262673439163674noreply@blogger.com0tag:blogger.com,1999:blog-20033377.post-18162583753939604532008-04-11T05:07:00.000-07:002008-04-11T05:45:45.577-07:00The Fed Is Terrified By Mish<p style="font-family: verdana;">The Wall Street Journal is reporting <a target="_blank" href="http://online.wsj.com/article/SB120768896446099091.html?mod=googlenews_wsj">Fed Weighs Its Options in Easing Crunch</a>.<br /></p><blockquote style="font-family: verdana;">The Federal Reserve is considering contingency plans for expanding its lending power in the event its recent steps to unfreeze credit markets fail.<br /><br />Among the options: Having the Treasury borrow more money than it needs to fund the government and leave the proceeds on deposit at the Fed; issuing debt under the Fed's name rather than the Treasury's; and asking Congress for immediate authority for the Fed to pay interest on commercial-bank reserves instead of waiting until a previously enacted law permits it in 2011.<br /><br />The Fed holds assets to manage the nation's money supply and influence the federal-funds rate, which banks charge each other on overnight loans. When the Fed buys Treasurys or makes loans directly to banks, it supplies financial institutions with cash; in effect, it prints money. The cash ends up as currency in circulation or in banks' reserve accounts at the Fed.<br /><br />Since reserves earn no interest, banks lend cash that exceeds their required minimum. That puts downward pressure on the federal funds rate, currently targeted by the Fed at 2.25%. The Fed could purchase securities and make loans almost without limit, expanding its balance sheet. That would cause excess reserves to skyrocket and the federal funds rate to fall to zero. The Fed would contemplate such "quantitative easing" only in dire circumstances. The Bank of Japan took this step this decade after years of economic stagnation.<br /><br />Weighing the Possibilities<br /><br />So the Fed is seeking ways to expand its balance sheet without causing the federal funds rate to drop. The likeliest option, one the Fed and Treasury have discussed, is for the Treasury to issue more debt than it needs to fund government operations. The extra cash would be left on deposit at the Fed, where it would be separate from bank reserves on deposit and thus would have no impact on interest rates. The Fed would use the cash to purchase an offsetting amount of Treasurys in the open market; for legal reasons, it generally cannot buy them directly from Treasury.<br /><br />Treasury's principal constraint is the statutory limit debt. Treasury debt was $453 billion below the limit Monday. In the past, Congress always has responded to administration requests to raise the limit, sometimes only after political theatrics.<br /><br />Fed officials also are investigating the feasibility of the Fed issuing its own debt and using the proceeds to purchase other assets or make loans. It has never done so; the legality is unclear. Some foreign central banks, such as the Bank of Japan, do so.<br /><br />....</blockquote><span style="font-weight: bold;font-family:verdana;" >The Fed is Terrified</span><br /><br /><span style="font-family:verdana;">Read the entire WSJ article. It's a good one. That the Fed officials are having these kinds of discussions at all shows just how terrified of the perception setting in that we are following Japan, which of course we are.</span><br /><br /><span style="font-family:verdana;">The Fed is effectively in a position of not to being able to print money to buy Treasuries from banks, because of restrictions mentioned in the WSJ article and also because the banks are insolvent. Simply put, banks do not have the cash to accumulate Treasuries on their books to sell to the Fed this time around. And more writedowns on commercial real estate, auto loans, credit card debt, Alt-A mortgages, and pay option arms are coming. This will require still more capital raising efforts.</span><br /><br /><span style="font-family:verdana;">more</span><br /><a href="http://globaleconomicanalysis.blogspot.com/2008/04/fed-is-terrified.html"><span style="font-weight: bold;font-size:78%;" ><span style="font-family:verdana;">http://globaleconomicanalysis.blogspot.com/2008/04/fed-is-terrified.html</span></span></a>sbkshttp://www.blogger.com/profile/11534262673439163674noreply@blogger.com0tag:blogger.com,1999:blog-20033377.post-35056764705009367802008-04-11T05:04:00.000-07:002008-04-11T05:07:43.422-07:00Thinking about couple By Fred Cederholm<p style="font-family: verdana;" class="MsoNormal"><span style="font-size:100%;">Column for on/after April 6th, 2008<br /></span></p> <p style="font-family: verdana;" class="MsoNormal"><span style="font-size:100%;"><span style=""> </span>I’ve been thinking about couples. Actually I’ve been thinking about the 2008 Presidential Election, spouses, financial disclosures, money, power, the cult of celebrity, and “two-fers.” The American public is being treated to a temporary hiatus in the media blitz of the 2008 Presidential campaign. It’s not that the race for the oval office is over – far from it. Because of the gap in the timing of the remaining primary elections and caucuses before the political conventions are held this summer and the “real campaigns” begin in earnest after Labor Day, we are getting a breather. </span></p> <p style="font-family: verdana;" class="MsoNormal"><span style="font-size:100%;"><span style=""> </span>You see from just about any angle you approach it, this is a campaign for the record books. It is the longest campaign ever. It will be the costliest campaign ever. It began with the most number of contestants. It features the first potential African-American candidate, it features the first potential female candidate, it is the first race involving a former President as a direct player, and it already features the first real “World Wrestling Federation tag team bout” involving the battle of the potential first spouses. Never before have “significant others” of candidates been so formidable.</span></p> <p style="font-family: verdana;" class="MsoNormal"><span style="font-size:100%;"><span style=""> </span>The recent revelations from the Clintons going public with their tax returns since they left the White House were noteworthy. Sure the disclosures about the MEGA- millions earned by them since they vacated 1600 Pennsylvania Avenue were eye-openers, <span style=""> </span>but… this should really come as no surprise. Former Presidents and their spouses have opportunities to make HUGE amounts of money. There are book deals, paid public appearances, corporate board directorships, and highly lucrative speaking engagements. Such opportunities are NOT available to mere mortals like us or even the glitziest of entertainers, ex-corporate chieftains, sports figures, or those celebrities who are famous for being nothing more than “famous!” This is unique in that it was/is the first time we have been privy to an actual accounting/ publication of just how much “loot” is available to our “ex’s!” <span style=""> </span></span></p> <p style="font-family: verdana;" class="MsoNormal"><span style="font-size:100%;"><span style=""> </span>We are a nation captivated and preoccupied by the cult of celebrity. Such status not only comes from power and money, it also breeds even more power and money. Never before in my adult lifetime have our Presidential candidates had spouses whose stage presence, articulation abilities, groupies/ fans, and celebrity aura eclipsed those of the actual candidates themselves in the election phase. This is REALLY something to watch. One actually has reason to ask if it is Barack and Hillary who is the true lime-light magnet? Or… is it Michelle and Bill?</span></p> <p style="font-family: verdana;" class="MsoNormal"><span style="font-size:100%;"><span style=""> </span>Meanwhile on the GOP side of the coming election, the McCains – the presumed Republican nominee for President and First Spouse – have been amazingly silent, with the media coverage of them being virtually non-existent. There was a recent flurry of activity casting Senator John as some sort of “Dr. Strangelove/” warmonger character in the coverage of his pilgrimage to the Middle East and Israel (with Connecticut Senator Joe Lieberman in tow as a rabbinical “spiritual” advisor) to assure the Israelis and AIPAC that any McCain administration would mark NO change in US policy for the region. His beautiful spouse Cindy has followed the more traditional role of being supportive - yet soft-spoken, non-controversial, and in the background. Given the center stage roles and hoopla/ free-for-all surrounding the Democrat’s candidates’ spouses, subdued silence is proving GOLDEN! </span></p> <p style="font-family: verdana;" class="MsoNormal"><span style="font-size:100%;"><span style=""> </span>It is a fluke in this go around that the “coupling” on the ticket does not involve the usual spin, hype, and Kaka del Toro about who will be President and Veep. The spotlight on the duo/ “two-fers” this time (and the ensuing debate thereon) could well prove to be all about just who will be the President, who will be the First Spouse, and what will be the ultimate role for each of them in any coming administration. I’m Fred Cederholm and I’ve been thinking. You should be thinking, too.</span></p><p style="font-family: verdana;" class="MsoNormal"><span style="font-size:100%;"><br /></span></p> <p style="font-family: verdana; font-weight: bold;" class="MsoNormal"><span style="font-size:85%;">Copyright 2008 Questions, Inc. All rights reserved.</span></p><span style="font-weight: bold;font-size:78%;" ><span style="font-family: verdana;">asklet(at)rochelle.net</span></span>sbkshttp://www.blogger.com/profile/11534262673439163674noreply@blogger.com0tag:blogger.com,1999:blog-20033377.post-40085327396138275572008-04-01T04:18:00.000-07:002008-04-01T04:19:26.183-07:00Thinking about “standing and standings By Fred Cederholm<p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;">Column for on/after March 30th, 2008<br /></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> </span>I’ve been thinking about “standing and standings.” Actually I’ve been thinking about the S&L crisis vs. our current banking/ financial mess, cash flow, foreclosures, liens and “perfection,” and rankings by locale. The more things change, the more they seem be the same. The bad NEWS just keeps on coming with more daily negatives seemingly eclipsing the (bad) “records” set just weeks or months prior. We are seeing a synergy at work now where the cumulative sum of the components of the single negatives are producing an increasing gloom for the picture as a whole.<span style=""> </span>You see the statistics for real estate delinquencies and foreclosures are growing on a weekly/ monthly basis. Most communities, counties, and states now find themselves having more of both than at any time since the Great Depression of the 1930s. In some cases the current status is already worse than that horrific time frame of some 70 years ago. Despite the “don’t worry, be happy – we have the situation under control” chanting(s) from the Administration, the Treasury, and the FED; reality suggests otherwise. We are a long way from turning the bend on this anytime in 2008 or even in 2009! “Prosperity is right around the corner” didn’t prove true for Herbert Hoover – and neither will it prove the case during the last year of Bush - nor during the first YEARS of his successor.<span style=""><br /></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""><br /></span></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> </span><span style=""> </span>There are similarities between the national S&L crisis of some 20 years ago and the national banking crisis weighing on us now. There are also differences. This one is far greater and will prove more costly in both time and money to resolve. Both have their roots in a building boom done in an environment of deregulation run amok. In both cases financial institutions were being dragged down by a deficiency of cash flow. The S&Ls hemorrhaged money because they lent long term and funded those loans short term with funding that ended up costing more than the loans generated. The banks currently hemorrhage money because they just aren’t receiving the mortgage payments timely – that is, if they are receiving them at all! It’s impossible to meet the interest payments to your depositors (or investors) if you aren’t receiving payments, you are having problems foreclosing on your delinquent properties, and you can’t readily sell them even if you get them and TRY to market them.</span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> <br /></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""></span>Foreclosure is a time consuming and costly process in the best of times. In optimal conditions you are looking at a minimum 90 to 180 days before you get title/ possession to even have a chance to put the property up in a decent sale’s market. This is predicated on your having a “perfected” lien with all “I”s dotted and all “T”s crossed showing you have proper “standing” before the judge in the foreclosure proceedings. It is also predicated on that the delinquent occupant will vacate “premises” without requiring eviction. Here we are now seeing that people are increasing unwilling to move out voluntarily or quickly. We have also seen (in three different court jurisdictions in three different states) where judges threw out the cases because the plaintiff/ investors (in the mortgage derivatives) could not prove they had standing to foreclose, showing a lien to the actual properties in foreclosure. When the mortgages were packaged/ sold to investors, necessary lien transfer work was not done!</span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> <br /></span></span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><span style=""> </span>Foreclosure stats are now the worst in <st1:state st="on">Nevada</st1:state>, <st1:state st="on">Florida</st1:state>, and <st1:state st="on"><st1:place st="on">California</st1:place></st1:state>. <st1:state st="on"><st1:place st="on">Illinois</st1:place></st1:state> is #17. <st1:place st="on"><st1:placename st="on">Ogle</st1:placename> <st1:placetype st="on">County</st1:placetype></st1:place> (where I live) has some of the fewest (31) in our State. My hometown of Creston presently has 1 and nearby Rochelle has 7. <st1:placename st="on">DeKalb</st1:placename> <st1:placetype st="on">County</st1:placetype> just East currently has 710 with 217 in the City of <st1:city st="on">DeKalb</st1:city>, 135 in Sycamore, and 14 in <st1:country-region st="on"><st1:place st="on">Malta</st1:place></st1:country-region>. <st1:placename st="on">Winnebago</st1:placename> <st1:placetype st="on">County</st1:placetype> to the North has 2,438 with 729 in <st1:city st="on"><st1:place st="on">Rockford</st1:place></st1:city>. <st1:placename st="on">Stephenson</st1:placename> <st1:placetype st="on">County</st1:placetype> to the Northwest has 47 with 33 in <st1:city st="on"><st1:place st="on">Freeport</st1:place></st1:city>. While these numbers are bad and will grow, they pale in comparison to the rank standings of those on the East coast, the West Coast, and the South. <span style=""> </span>I’m Fred Cederholm and I’ve been thinking. You should be thinking, too.</span></p><p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;"><br /></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:100%;">Copyright 2008 Questions, Inc. All rights reserved.</span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><o:p><span style="font-size:100%;"> </span></o:p></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:85%;"><b style="">To “audit” this column and check out the current stats on your community, please check out:<o:p></o:p></b></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:85%;"><o:p> </o:p></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:85%;"><a href="http://www.foreclosure1.com/" target="_blank"><span style="color:#800080;">http://www.foreclosure1.com</span></a></span><span style="font-size:85%;"> <span style=""> </span>(Foreclosure listing database updated thru March 31, 2008)</span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:85%;"><o:p> </o:p></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt; font-family: verdana;"><span style="font-size:85%;"><a href="http://www.realtytrac.com/freesearch.asp" target="_blank"><span style="color:#800080;">http://www.realtytrac.com/freesearch.asp</span></a></span><span style="font-size:85%;"> (Foreclosure rankings and database updated thru January 2008</span></p>sbkshttp://www.blogger.com/profile/11534262673439163674noreply@blogger.com0