The Blog Of The Securities Industry Professional Association

Archive for December, 2010


There are so many people that I would like to thank for being a part of my life but it would be impossible to list them all here wouldn’t it? On second thought, maybe its time to live for NOW and not worry about time so in no particular order I just want to thank the following people for being an important part of my life in 2010 and hopefully in the years to come…
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Madoff Trustee Pockets 230 Million in Legal Fees!

While investors are left twisting in the wind and worrying about their financial futures, the trustee appointed to the Madoff mess has been billing to the tune of over 2 million per week for over two years. Ronnie Sue Ambrosino of the Madoff Victims Coalition joins SIPA radio for a one hour interview linked here
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Madoff Mayhem

Mark Madoff, the troubled son of Ponzi master Bernie Madoff was found dead over the weekend from an apparent suicide. In other news, Frank Pantangeli slit his wrists while in prison just hours before he was scheduled to testify against Michael Corleone, apparently he was distressed that his brother was flying back to Sicily. In Brooklyn, Frankie Carbone accidentally locked himself in a frozen compartment of a meat truck and froze to death and Jimmy “Two Times” was the victim of a robbery on a deserted street.
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The Goldman Effect

Once again Good ol Goldman Sachs is in the news for all the wrong reasons. Maybe its time to lay the hammer down at Goldman? Of course not, why would you bother regulating them when everyone makes so much money off their illegal schemes...tune in and learn How this is not new and how it will continue for generations.
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