Tag Archive | Stanford Financial Group
Financial Regulators Crush Small Fry and Feed Big Whales
The Securities and Exchange Commission has taken the decades-old, stereotypical criticism of useless federal government regulators and owned it. Time and time again the agency has chosen not to enforce rules against the most powerful institutions, has turned a blind eye as the institutions continue fraudulent behavior and has codified the injustice of an economically-elite […]
The Ignored Heros – Whistleblowers
Why do we hate on the whistleblowers so much? Leyla Wydler was fired for refusing to sell certificates of deposit that she rightly suspected were misleading to investors. A year later, back in 2003, this broker sent a letter to the Securities and Exchange Commission (SEC) about her former employer, the Stanford Financial Group, and […]