Harry Markopolos, a former investment manager who warned U.S. regulators about Bernard Madoff, criticized the Securities and Exchange Commission and said on Wednesday that Madoff had help in running his alleged $50 billion fraud.
Markopolos told Congress that the SEC staff was neither willing nor able to uncover what Madoff, accused of having run the world's biggest Ponzi scheme, was really doing. He also said that he knows the names of a dozen other so-called feeder funds that helped Madoff raise money from pension funds and wealthy investors and that he would turn these over to regulators this week.
Whistleblower says Madoff had help, blasts SEC
Church Organization Refuses To Divulge If Pastors Are On FEMA Payroll
A large church organization has refused to divulge how many of its pastors are on the FEMA payroll, after a member expressed concerns about religious leaders being used to condition their congregation to accept the declaration of martial law.
In a May 2006 story we first broke the shocking news that FEMA was training pastors and other religious representatives to become secret police enforcers who teach their congregations to “obey the government” in preparation for a declaration of martial law, property and firearm seizures, and forced relocation.
Despite debunkers and urban myth websites claiming the story was a hoax, it was confirmed in triplicate by mainstream news outlets over a year later.
Illinois makes major Israel Bonds purchase
The state of Illinois has purchased $10 million worth of Israel Bonds.
The Israel Bonds will mature in three years with a 2.43 percent rate of return, compared to U.S. government bonds yielding a 1.51 percent return during the same period, according to Illinois state treasurer Alexi Giannoulias.
Obama Signs First Piece of Legislation Making It Easier for Workers to Sue for Pay Discrimination
President Obama this morning signed a law that expanded the time frame in which workers can sue for discrimination they have experienced based on gender, race, national origin or religion.
CIA Station Chief in Algeria Accused of Rapes
The CIA's station chief at its sensitive post in Algeria is under investigation by the U.S. Justice Department for allegedly raping at least two Muslim women who claim he laced their drinks with a knock-out drug, U.S. law enforcement sources tell ABC News.
The discovery of more than a dozen videotapes showing the CIA officer engaged in sex acts with other women has led the Justice Department to broaden its investigation to include at least one other Arab country, Egypt, where the CIA officer had been posted earlier in his career, according to law enforcement officials.
TVNL Comment: Who are the real terrorists?
School can expel lesbian students, court rules
After a Lutheran school expelled two 16-year-old girls for having "a bond of intimacy" that was "characteristic of a lesbian relationship," the girls sued, contending the school had violated a state anti-discrimination law.
In response to that suit, an appeals court decided this week that the private religious school was not a business and therefore did not have to comply with a state law that prohibits businesses from discriminating. A lawyer for the girls said Tuesday that he would ask the California Supreme Court to overturn the unanimous ruling by a three-judge panel of the 4th District Court of Appeal.
TVNL Comment: What would Jesus say? Just asking....
Failing Infrastructure Cannot Support a Healthy Economy
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