On the recordJanuary 26, 2009
The Bernie Madoff fraud was a punch to the gut of our financial system which was already reeling from too many haymakers.
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congress.govThe Bernie Madoff fraud was a punch to the gut of our financial system which was already reeling from too many haymakers.
Schumer describes the Madoff fraud's severe impact on the financial system.
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We will not support an extension of the status quo, a status quo that permits masked secret police to barge into people’s homes without warrants, no guardrails and zero oversight from independent authorities.
I did not receive any assurances that we would not try to do the same thing in other countries.
The Department of Justice needs to shed more light on who was on the list, how they were involved, and why they chose not to prosecute.