The reason Madoff was crucified is that the hypocrites need:
1) to vent their frustrations
2) a personal scapegoat, and
3) a public scapegoat
So crucifying Bernie is a 3-fer. What should have happened was Bernie got 50, Geithner got 50, Paulson got 50 (3-way split) and Summers got the chair.
Speaking of Ponzi schemes, which is what our administration’s [...]

This popular mantra of the age of conspicuous consumption must truly be the hardest habit to shake in the breaking of America’s particular “U. S. of A-ness”. It got us into this mess and it’s going to keep us there.
Obama and his look-the-other-way Dream Team are doing literally nothing about ratings fraud, the inherant risk [...]

This is the most important news that everyone should be focused on for hope that the near term regulatory changes being considered can be steered in the right direction. Volker’s medicine might be a little painful, but without it, the Administration’s current position of sustaining the derivative leveraging stands no hope of recovery from this type of situation which is another way [...]

Since Bloomberg has a habit of changing or losing part of the text in their articles after they get “the call”, I’ll just quote the relevant text from the article here:
The e-mails show that the Fed “engaged in a cover-up and deliberately hid concerns and pertinent details regarding the (B of A - Merrill) merger [...]