Obama's new SEC Chairwoman

Posted in the Minneapolis Forum

“The one and only Smart Liberal”

Since: Aug 12

Former MN Tax Payer

#1 Nov 26, 2012
I bet this is why Obama appointed Elisse Walter as the new SEC Chief. She was a good friend of Bernie Madoff.

The only thing missing to complete this crony capitalist’s pedigree is a condo on the Chicago lakefront.

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Bernard Madoff praised Obama’s new SEC chairwoman in 2009:‘Terrific lady’

1:10 PM 11/26/2012

Bernard Madoff, the felon behind the largest Ponzi scheme in history, once praised the woman President Barack Obama will soon nominate to lead the Securities and Exchange Commission.

SEC chairwoman Mary Schapiro announced on Monday that she intends to resign on Dec. 14. Almost immediately, Obama said he plans to appoint current SEC Commissioner Elisse Walter as the agency’s next chair.

Obama lauded Walter, saying he thinks she “will serve her well in her new position, and I’m grateful she has agreed to help lead the agency.”

Madoff told then-SEC Inspector General David Kotz in 2009 that he was personally close with both Schapiro and Walter.

Schapiro, he said, was a “dear friend.” Walter was a “terrific lady” whom he knew “pretty well.”

“Walter stated she met Bernard Madoff approximately 10 times,” Kotz wrote in his final report on the Madoff saga,“but never had any one-on-one meetings with him, nor met with him on any social occasions.”

“Walter stated,” Kotz reported, that “she also met Peter Madoff, Shana Madoff, and Mark Madoff at industry events or market regulation committees.”

Kotz also learned that Madoff and his family sent personal congratulations to Walter when she was appointed to a seat on the SEC.

“Your knowledge and experience is so important in these complex times and your unique style of always listening to both sides of opposing arguments has served us so well,” Madoff wrote in an undated handwritten note.“We are lucky to have you.”

A letter from Peter Madoff, written “[o]n behalf of the entire Madoff family,” asked Walter to “accept [their] congratulations and best wishes” on her commission appointment, according to Kotz’s report.

Walter told the Office of Inspector General that she never invested with Madoff and was unaware until December 2008 that he was using a “separate investment business” to facilitate his Ponzi scheme.

Madoff was sentenced in June 2009 to 150 years in prison after pleading guilty to 11 felonies in federal court and admitting he defrauded his investors.

The Obama administration has taken a tough public line against financial corruption, but Attorney General Eric Holder’s Department of Justice has not charged any top Wall Street bankers with serious financial crimes.

In a recent report, the conservative Government Accountability Institute blamed cronyism for preventing such prosecutions.
Fred

Minneapolis, MN

#2 Nov 26, 2012
What an azzhole you are.

“The one and only Smart Liberal”

Since: Aug 12

Former MN Tax Payer

#3 Nov 26, 2012
Fred wrote:
What an azzhole you are.
Why? Because I point out the hypocrisy of the Left? Obama is owned by Wall Street.

Wall Street is laughing at the fact that they get to write their own rules and make it so the only ones with an advantage are the Wall Street bankers and brokers.

I thought the Left was for the little guy? Well, what about the small neighborhood bankers? They either have been pushed out of business or are being pushed out.
redeemer

Minneapolis, MN

#4 Nov 26, 2012
Smart Liberal wrote:
<quoted text>
Why? Because I point out the hypocrisy of the Left? Obama is owned by Wall Street.
Wall Street is laughing at the fact that they get to write their own rules and make it so the only ones with an advantage are the Wall Street bankers and brokers.
I thought the Left was for the little guy? Well, what about the small neighborhood bankers? They either have been pushed out of business or are being pushed out.
I see that you're still a lying losere.

“The one and only Smart Liberal”

Since: Aug 12

Former MN Tax Payer

#5 Nov 26, 2012
redeemer wrote:
<quoted text>I see that you're still a lying losere.
Yeah, right. If it makes you feel good to mis-spell words in order to keep up the Ebonics scam then go for it.

Just remember, you are the one that gets your ears boxed in every time you try to take a stance on a topic.
redeemer

Minneapolis, MN

#6 Nov 26, 2012
Smart Liberal wrote:
<quoted text>
Yeah, right. If it makes you feel good to mis-spell words in order to keep up the Ebonics scam then go for it.
Just remember, you are the one that gets your ears boxed in every time you try to take a stance on a topic.
Your topic's are all full of Nonsense and BS to lure your other loser's base,oh yea wasn't it you who had posted all of them phony as polls that had rommey leading or tied in the general election?
how could your data be so wrong hehehehe lol.

BTW: fake man have you grew a set of balls yet?

“The one and only Smart Liberal”

Since: Aug 12

Former MN Tax Payer

#7 Nov 26, 2012
redeemer wrote:
<quoted text>
Your topic's are all full of Nonsense and BS to lure your other loser's base,oh yea wasn't it you who had posted all of them phony as polls that had rommey leading or tied in the general election?
how could your data be so wrong hehehehe lol.
BTW: fake man have you grew a set of balls yet?
You are only semi-successful with your attempt at Ebonics above Mr. Fake Black Guy.

"phony as polls"? I am insulted. SL Communications LLC is as legitimate as Barack Hussein Obama playing President/Dictator.
Smart Liberal

Minneapolis, MN

#8 Nov 26, 2012
I'm a pompous azzhole and I know more than you do!
redeemer

Minneapolis, MN

#9 Nov 26, 2012
Smart Liberal wrote:
<quoted text>
You are only semi-successful with your attempt at Ebonics above Mr. Fake Black Guy.
"phony as polls"? I am insulted. SL Communications LLC is as legitimate as Barack Hussein Obama playing President/Dictator.
You're insulted LOL well how you and your fake polls was so wrong hahahaha and President Barack Hussein Obama slam dunk that idiot Rommey hmmm even that babbling idiot rommey thought he won,between rommey and rove I fear one of them loser's was going to have an heart attack lol
Consistent

Grantsburg, WI

#10 Nov 26, 2012
redeemer wrote:
<quoted text>You're insulted LOL well how you and your fake polls was so wrong hahahaha and President Barack Hussein Obama slam dunk that idiot Rommey hmmm even that babbling idiot rommey thought he won,between rommey and rove I fear one of them loser's was going to have an heart attack lol
Sheeple,

The Thread is about the Criminal Madoff's association with one of the many Criminals in the Barry Soretto Administration.

You know, Barry Soretto, the Occupier of the White House, the Teleprompter-Reader-in-Chief that you Sheeple got on the ACORN Buses and Re-Erected. Brotha Barry has nothing to do with Mr Romney....Do you have a Negroish reply to the point of the Thread?
redeemer

Minneapolis, MN

#11 Nov 26, 2012
Consistent wrote:
<quoted text>
Sheeple,
The Thread is about the Criminal Madoff's association with one of the many Criminals in the Barry Soretto Administration.
You know, Barry Soretto, the Occupier of the White House, the Teleprompter-Reader-in-Chief that you Sheeple got on the ACORN Buses and Re-Erected. Brotha Barry has nothing to do with Mr Romney....Do you have a Negroish reply to the point of the Thread?
You to get some new material,your BS is Old and Stale and Rotten,and why are you replying to me with your foolish nonsense anyway Sodom? you could have been a funny comic,but you're not funny byhahahaha
redeemer

Minneapolis, MN

#12 Nov 26, 2012
Consistent wrote:
<quoted text>
Sheeple,
The Thread is about the Criminal Madoff's association with one of the many Criminals in the Barry Soretto Administration.
You know, Barry Soretto, the Occupier of the White House, the Teleprompter-Reader-in-Chief that you Sheeple got on the ACORN Buses and Re-Erected. Brotha Barry has nothing to do with Mr Romney....Do you have a Negroish reply to the point of the Thread?
So it was ACORN fault that Rommey got his whipped LOL Fool are you ignorant,but maybe it was that one Black Panther guy!
Consistent

Grantsburg, WI

#13 Nov 26, 2012
redeemer wrote:
<quoted text>You to get some new material,your BS is Old and Stale and Rotten,and why are you replying to me with your foolish nonsense anyway Sodom? you could have been a funny comic,but you're not funny byhahahaha
So then you reply with more of the same, and not one thought on the subject of the Thread?

Thank you for Voting, you are just what Amerika expects from the "Folks" on the Demokrat Plantation....shuffl'in, shuck'in, jiv'in....waiting on that Gubernment Check!
redeemer

Minneapolis, MN

#14 Nov 26, 2012
Consistent wrote:
<quoted text>
So then you reply with more of the same, and not one thought on the subject of the Thread?
Thank you for Voting, you are just what Amerika expects from the "Folks" on the Demokrat Plantation....shuffl'in, shuck'in, jiv'in....waiting on that Gubernment Check!
I got direct deposit!Byahahaha

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