Message to Int’l Securities Regulators: Leave Politics and Do Your Job

Written by: Aaron Katsman | February 20, 2009

Will the International Securities regulators pull their planned conference in tel Aviv, Israel, to protest Israeli efforts to combat terrorism? According to a report in Globes: “Sources inform ”Globes” that the Organization of Securities Commissions (IOSCO) threatened to cancel its 34th Annual Conference scheduled to take place in Tel Aviv in June, in protest against Operation Cast Lead. Following efforts by the Israel Securities Authority, the conference will take place. The Securities Authority is hosting the IOSCO, reflecting its respect among its international peers. At a previous IOSCO conference, former Securities Authority chairman Moshe Terry strove hard to persuade IOSCO officials to hold the conference in Israel.”

Humm… It sounds to be like the organization is trying to deflect criticism of their role in the financial mess, by entering the realm of politics, and blaming Israel, for defending herself. How about protecting investors from the Madoff’s and Sanford’s of the world and leave Israel alone?

 

Whatever Happened to Madoff’s List of Assets?

Written by: Aaron Katsman | January 25, 2009

Remember December 31st? That was the date that disgraced Ponzi Scheme star Bernie Madoff was to turn over a list of his assets. We as we know that list was turned over to prosecutors but has yet to be made public. Why?

According to a report on Yahoo: ” The SEC confirmed Wednesday evening that it had received the filing, but it declined to reveal details or make the documents available to journalists. The list was not filed publicly in any of the courts handling the Madoff case, and SEC spokesmen said no decision had been made as to whether part or all of the asset disclosure would ultimately be made public.”

Why has this list been buried by regulators and why isn’t the financial press on the case? We all need to call for regulators to reveal this list. I know that everyone has been pre-occupied with Pres. Obama but c’mon. Why can’t we see the list?