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Securities and Exchange Commission Employees Would Get $50,000 Awards...

Marla Singer's picture




 

Dear Mr. Kotz:

Enclosed please find our invoice for services.

- Zero Hedge

 

 

 

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Tue, 11/10/2009 - 16:12 | 126224 Altan311
Altan311's picture

Go ahead and double that for all the overtime work.

Tue, 11/10/2009 - 16:12 | 126225 CB
CB's picture

ha.  your forgot your 20% tip for good service.

Tue, 11/10/2009 - 16:13 | 126226 Sqworl
Sqworl's picture

lol

Tue, 11/10/2009 - 20:05 | 126575 john bougerel
john bougerel's picture

excacting fat from squids since 1913, ~ priceless

 

Hope you keep this in your AR file and recirculate it 90 days past due

if Kotz is slow to pay his committments.

Tue, 11/10/2009 - 21:02 | 126620 Hephasteus
Hephasteus's picture

Speaking of Accounts Recievable. Does anyone find it disturbing that cities get police and jails to ensure accounts recievable and governments get navy seals and armies while small businesses just get the "good will" of the people.

Tue, 11/10/2009 - 16:18 | 126235 carbonmutant
carbonmutant's picture

"Dodd’s measure said. It would also establish a telephone hotline for SEC staff to make confidential complaints to the inspector general."

This would require the installation of a new call center and data warehouse... staffed by fugitives from the squid.

Tue, 11/10/2009 - 16:52 | 126296 Green Sharts
Green Sharts's picture

Does whoever turned in Senator Dodd for the sweetheart mortgage loan from Countrywide and the below market buyout of his investment partner's interest in a house in Ireland qualify for a retroactive whistleblower payment?

Tue, 11/10/2009 - 16:18 | 126236 Assetman
Assetman's picture

This is only funny if you actually send out the invoice and get payment. :)

Tue, 11/10/2009 - 16:21 | 126243 Cheeky Bastard
Cheeky Bastard's picture

Marla, why do you put a price tag on Goldman Sachs. Dont you feel like Judas betraying Jesus. THEY ARE DOING GODS WORK.

Tue, 11/10/2009 - 16:38 | 126276 NYPoke
NYPoke's picture

Change the bill to 30 oz of Silver & you are good.

Tue, 11/10/2009 - 17:43 | 126380 Gunther
Gunther's picture

Cheeky,
the fairy tale from the fisherman and his wife seems a more appropriate metaphor:
The fisherman and his wife are living in a sh*thole.
One day the fisherman catches a speaking fish who asks to be set free. The fish promises to fulfill wishes for the fisherman.
At home the fisherman tells his wife what happened. His wife wants him to ask the fish to give them a nice house. The fish gives them the house.
The wife wants more and more and gets it until she wants to be god.
After asking the fish for that there is a big thunderstorm and both are back in the sh*thole.
In low-German: http://www.gsgoehl.de/maer_fischer.htm

Tue, 11/10/2009 - 16:22 | 126245 lieutenantjohnchard
lieutenantjohnchard's picture

thank you for enclosing your remittance in redeemable gold dollars.

Tue, 11/10/2009 - 16:28 | 126249 Cognitive Dissonance
Cognitive Dissonance's picture
Paper Street Soap Co.

 

Soap The yardstick of civilisation

Justus von Liebig (1803-1873),
german chemist, discoverer of the chloroform,
founder of agricultural mineral fertilization

 

The tradition of making exclusive soap
Soap was discovered when an ancient culture found out that their clothes were cleaner if they washed them at a specific point in the river. On a hill above that spot, the same people burned human sacrifices. The melted fat of the sacrifices mixed with lye that was formed from a solution of rain water and wood ash from the pyres. The combination created a thick discharge that made its way down the river in the form of soap.

Our soap is all natural and handmade.

With our exclusive products we want to continue this old tradition of making soap of the best raw material that mother nature offers to us: human fat! With our numerous partners of the cosmetic surgery we are able to resell women their fat asses. You will be enthusiastic about our understanding of recycling.

Advanced knowledge...
When we cook the fat, tallow floats to the surface. Once the tallow hardens, we skim off a layer of glycerin. If you were to add nitric acid, you got nitroglycerin. If you were to add sodium nitrate and a dash of sawdust, you got dynamite. Yeah, with enough soap we could blow up just about anything.

http://www.paperstreet-soapcompany.com/about.htm

Tue, 11/10/2009 - 16:27 | 126260 carbonmutant
carbonmutant's picture

Can the recipients get their reward in Euros?

Tue, 11/10/2009 - 17:44 | 126385 Gordon_Gekko
Gordon_Gekko's picture

Or Gold?

Tue, 11/10/2009 - 16:28 | 126262 Altan311
Altan311's picture

AND BTW DJ equipment should be a deductible

 

Tue, 11/10/2009 - 16:32 | 126267 deadhead
deadhead's picture

Absolutely beautiful, Marla!

Tue, 11/10/2009 - 16:40 | 126284 Bubby BankenStein
Bubby BankenStein's picture

A 457 page report on SEC failure to dispatch Madoff?

$50,000 bounty for ratting out the internal enemy?

Minimal (abysmal) tangible results in prosecuting anything at all.  This institution should officially be relegated to nothing more than the paper shufflers they are.

You want results in law enforcement?  Outsource it to private contractors.  This could be a good line of business for Xe Services LLC.

Tue, 11/10/2009 - 16:46 | 126291 Anonymous
Anonymous's picture

John Winfield <-> Goldspring, Inc. <-> Merriman, Curhan, Ford

Could be another $50k for ya!

More to come.

Tue, 11/10/2009 - 16:49 | 126292 Anonymous
Anonymous's picture

ah, i don't mean to be nasty, but i don't think you all should get any over time pay....i mean...let's be honest, we all took about ten minutes to figure out about half these things. Less in some cases.

I mean, I'll give it to you on reading all the REIT filings, but come on, flash front running?!!! and gold manipulation????

You want extra, overtime money for that???? Yeah, I know that the SEC couldn't see it, but......well.......

Tue, 11/10/2009 - 16:54 | 126298 topshelfstuff
topshelfstuff's picture

There should be included a Commission on top of the $50K awarded for any disclosure proven to be correct. I'm sure a formula can be created that adds, for example, let's say 10% of any Fines, Recoveries, Saving of any ongoing robbery in progress, etc...I think this post gives the intention, a rough draft proposal, others can fine tune it...but it definitely should have Bonus Award, like a "Finders Fee" Percentage.

Tue, 11/10/2009 - 16:56 | 126302 zarrmax
zarrmax's picture

tsk tsk tsk Marla

I see goldman on the list for multiple offenses. While they have mulitple infractions the SEC sees this as one case. You have invoiced and submitted this via e-"mail" and I belive this constitues mail fraud.

Of course I can get you out of this mess and all I ask for is a date....please.... pretty please.....I'll buy you a cupcake....:)

Tue, 11/10/2009 - 17:24 | 126340 Marla Singer
Marla Singer's picture

You mean wire fraud?

Tue, 11/10/2009 - 17:31 | 126358 deadhead
deadhead's picture

email fraud. i think it was part of the flag whitehouse dot gov dot rahm thing.

Tue, 11/10/2009 - 17:34 | 126361 Cognitive Dissonance
Cognitive Dissonance's picture

I think he meant "male" fraud.

Tue, 11/10/2009 - 17:59 | 126404 zarrmax
zarrmax's picture

I don't care what kind of fraud it is so long as my inept, flacid and idiotic attempts of blackmail get me a date....:)

Tue, 11/10/2009 - 21:05 | 126628 Cognitive Dissonance
Cognitive Dissonance's picture

Marla doesn't go on dates. She takes hostages.

Tue, 11/10/2009 - 17:06 | 126311 Anonymous
Anonymous's picture

Damn, here comes those lagging indicators again!

http://img.dailymail.co.uk/i/pix/2008/01_01/shark0201_800x542.jpg

Tue, 11/10/2009 - 17:10 | 126314 economessed
economessed's picture

Note to Mr. Klutz at the Security Sex Change Copulation:

Your $50K reward has 12% less motivating power than it did at the beginning of the year.  You may need to index your reward valuation to the EUR/USD or perhaps to (gasp) the value of gold in order to maintain interest in bean spilling.

 

Tue, 11/10/2009 - 17:14 | 126319 Careless Whisper
Careless Whisper's picture

You definitely deserve the loot but infortunately the $50,000 only goes to SEC employees who snitch on each other.  Nothing for tips leading to the conviction of any of those honorable entities you mentioned.

Tue, 11/10/2009 - 17:17 | 126321 koaj
koaj's picture

i emailed the SEC in june about morgan stanley repackaging crap loans and getting AAA ratingson them to re-sell.

they replied in early september

assholes. how the fuck are they going to reward themselves with my money for doing their job?

Tue, 11/10/2009 - 17:46 | 126387 Gordon_Gekko
Gordon_Gekko's picture

Ask them to pay you in (physical) Gold instead of dollars - lol!

Tue, 11/10/2009 - 17:53 | 126398 agrotera
agrotera's picture

PRICELESS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Maybe some philanthropic group that cares about the US constitution will award $50,000 for all who snitch on elected officials who do not act on behalf of their constituents so that we could all be rewarded with a few million for our trouble, while at the same time, getting rid of the thieves running our country!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Tue, 11/10/2009 - 22:37 | 126717 Bubby BankenStein
Bubby BankenStein's picture

The problem with this is that there is not enough $$$$$$$ in the world to compensate the millions who would rat these bastards out.

Tue, 11/10/2009 - 23:00 | 126739 agrotera
agrotera's picture

You said it Bubby BankenStein!!!!! 

Tue, 11/10/2009 - 18:03 | 126415 D.O.D.
D.O.D.'s picture

Ohhhh,  I get it... pay them [SEC] extra to actually do their job... Brilliant!

Tue, 11/10/2009 - 18:19 | 126448 deadhead
deadhead's picture

Dear Ms. Singer:

I'm sorry to inform your silly tin foil thonged ass that I was first to blow in that little phuckwad Ken Lewis.

With worst regards to you and zeroid hedge,

Rahm

PS.  wait til you see the pics I've got coming out on Ron Paul and Bernie Sanders....

 

 

Tue, 11/10/2009 - 18:26 | 126459 Miles Kendig
Miles Kendig's picture

You don't get if you don't ask.

Tue, 11/10/2009 - 18:46 | 126492 Anonymous
Anonymous's picture

I think I see how this X-prize will go:

SEC: We will award $50k for actionable tips from SEC staffers.

Ken Lewis: I will give SEC staffers 100k to get off "me arse".

Citi: I will give SEC staffers 250k created from thin air to leave me alone.

Goldman: I will give you $500k to make Citi and BofA go away.

Checkmate.

Tue, 11/10/2009 - 18:53 | 126504 loup garou
loup garou's picture

Pay them in AIG stock.

Tue, 11/10/2009 - 19:58 | 126571 D.O.D.
D.O.D.'s picture

Look at this crazy russian, snitching on corruption for free... No wonder America is the most dominant force in the Universe....

http://www.youtube.com/watch?v=sPkyxzbfPiM

Tue, 11/10/2009 - 20:56 | 126619 Hephasteus
Hephasteus's picture

Perot systems 50,000 dollars. Dude I hear they are getting a Dell.

Tue, 11/10/2009 - 21:57 | 126683 Squid-puppets a...
Squid-puppets a-go-go's picture

LOL

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