Geithner’s Illegal Money-Laundering Scheme Exposed; Harry Markopolos Says “Don’t Trust Your Government”
Geithner’s Illegal Money-Laundering Scheme Exposed; Harry Markopolos Says “Don’t Trust Your Government”
Courtesy of Mish
Here are a couple of unrelated stories, one on Harry Markopolos, the man who on 4 occasions tried to convince the SEC of Bernie Madoff’s Ponzi scheme, the second on how Geithner used a fictitious “Trust” to accomplish an illegal takeover of AIG.
Inuring minds are reading a post on the Sense on ¢ents blog by Larry Doyle called Harry Markopolos: “Don’t Trust Your Government”
In an interview on the Today show this morning (video clip after the fold), Harry Markopolos dropped a few bombshells. Harry’s statement that he had purchased a gun and mentally prepared himself to kill Bernie Madoff in self-defense if need be will likely grab the most attention. It shouldn’t.
Markopolos’ biggest bombshell this morning is his warning to America, “don’t trust your government.” No surprise that Today host Matt Lauer did not probe deeper. I am not confident that other outlets will delve deeper into Harry’s statement, either. I wonder why Harry himself is reticent to specifically point out the individuals and the instances which lead him to make that statement.
Recall that a year ago Harry defined the SEC as merely incompetent while simultaneously defining FINRA (Financial Industry Regulatory Authority) as ‘in bed with the industry’ that is Wall Street. Well, it does not take an advanced degree to connect Harry’s grenade toss into FINRA’s backyard a year ago with his volley this morning.
….
Here is the video clip on MSNBC.
Visit msnbc.com for breaking news, world news, and news about the economy
Some statements by Harry Markopolos made regarding killing Madoff were so sensational that I suspect they are a promotional scheme to sell his book No One Would Listen – A True Financial Thriller
Nonetheless, his message “Don’t trust your government” is certainly worth remembering. On four occasions Markopolos went to the SEC with information and the SEC refused to follow up.
Markopolos and a few of his associates tracked the ponzi scheme across the Atlantic and found evidence of money laundering and organized crime in the US and Europe. No doubt the details will be interesting.
Secretary Geithner’s Got Some Explaining to Do
Not only does the SEC have a lot of explaining to do, so does Timothy Geithner. Please consider the American Thinker article Secretary Geithner’s Got Some Explaining to Do.
While everyone, including Congress, the media, and the public, have focused on AIG’s $100-million bonus payments to key employees, and most recently…
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Whistler Blowers, Insiders
If you think Madoff ran a huge scam, here’s another example that has ripped off millions of people for several decades, to the tune of 10s of billions of dollars:
Amway is a scam, and here’s why: Amway pays out as little money as they can get away with, so they support the higher level IBOs ripping off their downline via the tool scam.
As a result, about 99% of IBOs operate at a net loss, while the top 1% make several TIMES more from their Amway tool scam than from the Amway products. This was made illegal in the UK in 2008, but our FTC is unable to pull their heads out of their butts to stop it here.
Read about it on my blog, I suggest you start here: http://tiny.cc/D5oJh and forward the information to everyone you know, so they don’t get scammed.