9.09 Is Getting MUCH Closer
HARRY Markopolos -- the whistleblower on Bernie Madoff who proved to be much smarter than the SEC -- says there are evildoers out there who will make the Ponzi scum "look like small-time." Markopolos gave a speech to 400 of the faithful at the Greek Orthodox Church in Southampton and predicted major scandals will soon be revealed about the unregulated, $600 trillion, credit-default swap market. "To put it in simple terms, it is like buying fire insurance policies from five different insurance companies on your neighbor's house and then burning down the house," he said.
Isn't that the exact same analogy Alstry was using not too long ago? But what does Markopolos know?
The only problem this time.....we are all clients of Madoff.
Prepare....9.09 is getting MUCH CLOSER.