For me, the experience captured the true nature of our warped financial markets, a culture  glorifying wealthy arrogant criminal assholes, while ignoring or ridiculing honest, hard working, highly intelligent truth tellers.

In 2000, 2001, and 2005, Markopolos alerted the SEC of the fraud, supplying supporting documents, but each time, the SEC ignored him or only gave his evidence a cursory investigation.

Actually enforcing securities laws and holding bankers accountable for their criminal activities would limit their career advancement possibilities.

Therefore, they pretend to regulate the financial industry and the financial industry pretends to obey the laws.

I just sat there and pondered the irony of this noble honest truth telling hero dining at a chain restaurant while scum sucking Wall Street whores like Dick Fuld and Angelo Mozilo committed crimes which destroyed the global financial system and destroyed the lives of millions, but walked away with hundreds of millions in ill-gotten profits.

Categories: ZH