Has Anything Changed on Wall Street?

View the original post at jsmineset.com... March 12, 2010 04:02 PM Whistleblower Harry Markopolos is on the stump promoting his new book titled “No One Would Listen.” It is about how it took 8 ½ years for the Securities and Exchange Commission to crack down on the Bernie Madoff scam.* Markopolos says he sent letters to the SEC that were “too many to count” in an effort to expose the fraud.* In an interview on “The Daily Show” this week, Markopolos said something about the SEC that really caught my attention.* He said, “They still have all the same people there.* They haven’t fired anybody, that’s the problem.”* (The complete Daily Show segment is below) [ame]http://www.youtube.com/watch?v=_ORvZjBKo-I[/ame] The SEC missed the single biggest fraud in history (estimated at $65 billion) and not a single regulator lost their job over this screw-up?* What is this regulatory body for but to protect investors?* Is the SEC reall...