The Securities and Exchange Commission finally disciplined eight employees “for their failure to detect” Bernie Madoff’s Ponzi scheme.  As we all know, Madoff ran the largest Ponzi scheme in history, and the SEC only learned of the charade after Madoff’s sons turned him in.  So much for the SEC protecting the investor. The employees were disciplined for failing to “live up [...]

Filed under: Blog on November 16th, 2011 | No Comments »

The Minnesota Vikings play their home games in the Metrodome.  For those ”lucky” enough to have visited this stadium, it is unquestionably the worst stadium in all of professional sports.  The Vikings signed a 30 year lease to play at the Metrodome, with this seasons supposedly being their last.  Unfortunately for the downtrodden 2-6 Vikings, Old Man Winter intervened last [...]

Filed under: Blog on November 9th, 2011 | No Comments »

Our friends at FINRA (Financial Industry Regulatory Authority) - the folks who are tasked with overseeing all securities firms in the U.S., including overseeing the conduct of investment advisers/brokers - has been busted for . . . . wait for it . . . altering documents.  Apparently, FINRA provided the Securities and Exchange Commission with documents that were deleted or altered.  In fact, there appears [...]

Filed under: Blog on November 1st, 2011 | No Comments »