Shock: Reuters Compares Madoff Scam to Street Practices

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“This article comes right out and expresses the position that what Madoff did illegally is similar to what Wall Street – specifically the hedge fund portion of it – does every day.  While this point has often been made in the alternative media, to see it plainly posted at Reuters is startling.  While the article has another agenda (more on that below), it is somewhat anomalous, and its posting can be justified by current events: specifically, the fine that was just paid by JP Morgan based on findings that JP Morgan assisted Madoff in the fund that proved to be fraudulent.  This Reuters article comes tantalizingly close to revealing the truth about Wall Street.”

http://www.thedailybell.com/news-analysis/34939/Shock-Reuters-Compares-Madoff-Scam-to-Street-Practices/

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